Home News Technicals and Fundamentals: National Retail Properties (NYSE: NNN)

Technicals and Fundamentals: National Retail Properties (NYSE: NNN)

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National Retail Properties trades as part of the real estate sector and trades as part of the REITs industry. The company CEO is Julian E. Whitehurst. National Retail Properties Inc is a real estate investment trust that invests in and develops properties throughout the United States. Most of the company’s properties are located in the Midwest, South, and Southeast of the United States.

Previous Intraday Trading Performance:

The NNN stock showed a previous change of -2.37% with an open at 54.40 and a close of 53.21. It reached an intraday high of 54.44 and a low of 52.83.

SeekingAlpha:  High-Yield Investing: Protecting Your Income With REITs

Liquidity:

The stock has a market cap of $8.7b with 162.7m shares outstanding, of which the float is 159.1m shares. Trading volume reached 863,447 shares compared to its average volume of 806,640 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, National Retail Properties shares returned 1.55% and in the past 30 trading days it returned 4.38%. Over three months, it changed 2.90%. In one year it has changed 34.10% and within that year its 52-week high was 55.87 and its 52-week low was 41.23. NNN stock is 29.06% above its 52 Week Low.

Our calculations show a 200 day moving average of 48.97 and a 50 day moving average of 52.95. Currently NNN stock is trading 8.65% above its 200 day moving average.

SeekingAlpha:  High-Yield Investing: Protecting Your Income With REITs

Earnings:

The last annual fiscal EPS for the company was reported at 1.66 that ended on 31st of December 2018, which according to the previous close, that is a PE of 32.05. Based on 9 analyst estimates, the consensus EPS for the next quarter is 0.67. The TTM EPS is 2.67, which comes to a TTM PE of 19.93. Historically, the PE high was 44.70 and the PE low was 19.93. NNN stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/01/2019): 0.44
4thQtr of 2018 (Reported on 02/12/2019): 0.17
3rdQtr of 2018 (Reported on 11/01/2018): 0.47
2ndQtr of 2018 (Reported on 08/01/2018): 0.40
1stQtr of 2018 (Reported on 05/01/2018): 0.62

The dividend per share is currently 2.00, which is a dividend yield of 3.76%.

Base on our calculations, the intrinsic value per share is 69.39, which means it is possibly undervalued and has a margin of safety of 23.32%.

Indicators to Watch:

Short-interest was 5,962,495, which was 3.67% of shares outstanding. The short-interest ratio or days-to-cover ratio was 6.57. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.21.

SeekingAlpha:  Douglas Emmett reports Q1 results

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 7.25%, return on assets is 3.55%, profit margin is 48.98%, price-to-sales is 13.99 and price-to-book is 2.52.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 3  :Past Performance Score
 2  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

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Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.