National Retail Properties Stock Buy Hold or Sell Recommendation

NNN Stock  USD 42.60  0.64  1.53%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding National Retail Properties is 'Strong Hold'. Macroaxis provides National Retail buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NNN positions. The advice algorithm takes into account all of National Retail's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting National Retail's buy or sell advice are summarized below:
Real Value
42.75
Target Price
43.54
Hype Value
42.6
Market Value
42.6
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell National Retail Properties given historical horizon and risk tolerance towards National Retail. When Macroaxis issues a 'buy' or 'sell' recommendation for National Retail Properties, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out National Retail Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as National and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards National Retail Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute National Retail Buy or Sell Advice

The National recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on National Retail Properties. Macroaxis does not own or have any residual interests in National Retail Properties or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute National Retail's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell National RetailBuy National Retail
Strong Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon National Retail Properties has a Risk Adjusted Performance of 0.0176, Jensen Alpha of (0.11), Total Risk Alpha of (0.22), Sortino Ratio of (0.10) and Treynor Ratio of 0.0141
National Retail Prop trade recommendations module can be used to check and cross-verify current advice provided by analysts analyzing the firm's potential to grow using all of fundamental, technical, data market data available at the time. To make sure National Retail Prop is not overpriced, please verify all National Retail Properties fundamentals, including its short ratio, current asset, and the relationship between the total debt and beta . Given that National Retail Prop has a price to book of 1.85 X, we recommend you to check National Retail market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

National Retail Trading Alerts and Improvement Suggestions

The company has 4.36 B in debt with debt to equity (D/E) ratio of 0.95, which is OK given its current industry classification. National Retail Prop has a current ratio of 0.65, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist National Retail until it has trouble settling it off, either with new capital or with free cash flow. So, National Retail's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like National Retail Prop sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for National to invest in growth at high rates of return. When we think about National Retail's use of debt, we should always consider it together with cash and equity.
Over 92.0% of National Retail shares are owned by institutional investors
On 15th of February 2024 National Retail paid $ 0.565 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: What Makes NNN REIT an Attractive Investment

National Retail Returns Distribution Density

The distribution of National Retail's historical returns is an attempt to chart the uncertainty of National Retail's future price movements. The chart of the probability distribution of National Retail daily returns describes the distribution of returns around its average expected value. We use National Retail Properties price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of National Retail returns is essential to provide solid investment advice for National Retail.
Mean Return
0.02
Value At Risk
-1.56
Potential Upside
1.56
Standard Deviation
1.05
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of National Retail historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

National Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as National Retail is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading National Retail Properties backward and forwards among themselves. National Retail's institutional investor refers to the entity that pools money to purchase National Retail's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Royal Bank Of Canada2023-12-31
2.6 M
Bank Of New York Mellon Corp2023-12-31
2.5 M
Massachusetts Financial Services Company2023-12-31
2.5 M
Charles Schwab Investment Management Inc2023-12-31
2.4 M
Federated Hermes Inc2023-12-31
2.4 M
Norges Bank2023-12-31
2.1 M
Morgan Stanley - Brokerage Accounts2023-12-31
M
Northern Trust Corp2023-12-31
1.6 M
Hhg Plc2023-12-31
1.6 M
Vanguard Group Inc2023-12-31
27 M
Blackrock Inc2023-12-31
21.2 M
Note, although National Retail's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

National Retail Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash(113.2M)266.1M(95.9M)(164.5M)(1.6M)(1.5M)
Free Cash Flow501.7M450.2M568.4M578.4M612.4M643.0M
Depreciation188.9M196.6M205.2M223.8M238.6M250.6M
Other Non Cash Items4.6M(6.0M)4.9M(525K)(19.6M)(18.6M)
Dividends Paid364.8M374.3M382.3M380.5M(404.5M)(384.2M)
Capital Expenditures624.6M608.5M623.5M195.9M553.3M842.9M
Net Income299.6M228.8M290.1M334.6M392.3M412.0M
End Period Cash Flow1.1M267.2M171.3M6.8M5.2M4.9M
Change To Netincome(34.8M)(25.6M)(1.8M)(17.4M)(15.7M)(16.5M)
Investments(744.4M)(195.6M)(552.8M)(842.4M)(687.1M)(721.4M)
Change Receivables923K(1.5M)1.2M358K411.7K432.3K
Net Borrowings132.9M208.8M491.4M165.3M148.8M259.6M

National Retail Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to National Retail or Diversified REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that National Retail's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a National stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.11
β
Beta against NYSE Composite1.02
σ
Overall volatility
1.08
Ir
Information ratio -0.1

National Retail Volatility Alert

National Retail Properties has relatively low volatility with skewness of -0.21 and kurtosis of -0.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure National Retail's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact National Retail's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

National Retail Fundamentals Vs Peers

Comparing National Retail's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze National Retail's direct or indirect competition across all of the common fundamentals between National Retail and the related equities. This way, we can detect undervalued stocks with similar characteristics as National Retail or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of National Retail's fundamental indicators could also be used in its relative valuation, which is a method of valuing National Retail by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare National Retail to competition
FundamentalsNational RetailPeer Average
Return On Equity0.0948-0.31
Return On Asset0.0385-0.14
Profit Margin0.47 %(1.27) %
Operating Margin0.64 %(5.51) %
Current Valuation12.03 B16.62 B
Shares Outstanding182.85 M571.82 M
Shares Owned By Insiders0.84 %10.09 %
Shares Owned By Institutions91.60 %39.21 %
Number Of Shares Shorted3.62 M4.71 M
Price To Earning26.31 X28.72 X
Price To Book1.85 X9.51 X
Price To Sales9.36 X11.42 X
Revenue828.11 M9.43 B
Gross Profit746.77 M27.38 B
EBITDA753.37 M3.9 B
Net Income392.34 M570.98 M
Cash And Equivalents2.5 M2.7 B
Cash Per Share0.02 X5.01 X
Total Debt4.36 B5.32 B
Debt To Equity0.95 %48.70 %
Current Ratio0.66 X2.16 X
Book Value Per Share22.78 X1.93 K
Cash Flow From Operations612.41 M971.22 M
Short Ratio2.07 X4.00 X
Earnings Per Share2.16 X3.12 X
Price To Earnings To Growth4.92 X4.89 X
Target Price44.27
Number Of Employees8218.84 K
Beta0.97-0.15
Market Capitalization7.75 B19.03 B
Total Asset8.66 B29.47 B
Retained Earnings(805.88 M)9.33 B
Working Capital(115.14 M)1.48 B
Note: Acquisition by Kamau Witherspoon of 1335 shares of National Retail subject to Rule 16b-3 [view details]

National Retail Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as National . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About National Retail Buy or Sell Advice

When is the right time to buy or sell National Retail Properties? Buying financial instruments such as National Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity3.9B4.1B4.2B4.4B
Total Assets7.8B8.1B8.7B9.1B

Use Investing Ideas to Build Portfolios

In addition to having National Retail in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Volatility ETFs
Volatility ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Volatility ETFs theme has 28 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Volatility ETFs Theme or any other thematic opportunities.
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When determining whether National Retail Prop offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Retail's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Retail Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Retail Properties Stock:
Check out National Retail Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running National Retail's price analysis, check to measure National Retail's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Retail is operating at the current time. Most of National Retail's value examination focuses on studying past and present price action to predict the probability of National Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Retail's price. Additionally, you may evaluate how the addition of National Retail to your portfolios can decrease your overall portfolio volatility.
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Is National Retail's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Retail. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Retail listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.048
Dividend Share
2.23
Earnings Share
2.16
Revenue Per Share
4.57
Quarterly Revenue Growth
0.089
The market value of National Retail Prop is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Retail's value that differs from its market value or its book value, called intrinsic value, which is National Retail's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Retail's market value can be influenced by many factors that don't directly affect National Retail's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Retail's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Retail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Retail's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.