UP!
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Type
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Public company |
|---|---|
| Traded as | NYSE: NNN S&P 400 component |
| Industry | Real estate investment trust |
| Founded | October 1984 (1984-10) |
| Headquarters | Orlando, Florida |
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Key people
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Jay Whitehurst, Chairman & CEO Kevin B. Habicht, CFO |
| Revenue |  $0.533 billion (2016) |
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Net income
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$0.239 billion (2016) |
| Total assets | $6.334 billion (2016) |
| Total equity | $3.916 billion (2016) |
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Number of employees
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65 (2016) |
| Website | www |
National Retail Properties, Inc. is a real estate investment trust that invests in shopping centers that are subject to NNN Leases.
As of December 31, 2016, the company owned 2,535 properties containing 27,204,000 square feet.
As of December 31, 2016, 18.4% of the company's revenue was from properties in Texas and 9.1% of the company's revenue was from properties in Florida.
The company was formed in 1984 as Golden Corral Realty Corp. as a way for the owners of the Golden Corral restaurant chain to allow employees to invest in the company.
In 1993, the company split from Golden Corral and changed its name to Commercial Net Lease Realty. The company also moved its listing to the New York Stock Exchange.
On January 1, 1998, the company merged with its former external adviser, CNL Realty Advisor Inc. and became a self-advised, self-managed REIT.
In February 2004, Craig Macnab was named chief executive officer of the company. In May 2004, he was also named president.
In 2005, the company acquired National Properties Corporation for $61 million.
In May 2006, the company changed its name to National Retail Properties, Inc.
In 2012, the company acquired a property in Jacksonville, Florida.
In 2014, the company acquired a Chuck E. Cheese restaurant in Cordova, Tennessee for $4.2 million.
In 2015, the company acquired 19 Frisch's restaurants in the Cincinnati, Ohio area for $47 million in a leaseback transaction.
In April 2017, Craig Macnab retired and Jay Whitehurst became president and chief executive officer of the company.
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q3 2022 | 2022-10-31 | Future report Set alerts | |
| Q2 2022 | 2022-08-03 | 0.42 | 0.42 |
| Q1 2022 | 2022-05-03 | 0.46 | 0.46 |
| Q4 2021 | 2022-02-09 | 0.37 | 0.37 |
| Q3 2021 | 2021-11-02 | 0.45 | 0.45 |
| Q2 2021 | 2021-08-03 | 0.39 | 0.39 |
| Q1 2021 | 2021-05-04 | 0.30 | 0.30 |
| Q4 2020 | 2021-02-11 | 0.34 | 0.34 |
| Q3 2020 | 2020-11-02 | 0.00 | 0.00 |
| Q2 2020 | 2020-08-03 | 0.24 | 0.24 |
| 2016-07-11 | Boost Price Target | Stifel Nicolaus | Buy | $50.00 to $54.00 |
| 2016-07-07 | Boost Price Target | Citigroup Inc. | Neutral | $40.00 to $51.00 |
| 2016-05-16 | Downgrade | Morgan Stanley | Overweight to Equal Weight | $46.00 to $49.00 |
| 2016-05-02 | Reiterated Rating | Oppenheimer | Buy | |
| 2016-05-02 | Reiterated Rating | Oppenheimer Holdings Inc. | Buy | |
| 2016-02-17 | Boost Price Target | Wunderlich | Hold | $40.00 to $43.00 |
| 2016-02-13 | Reiterated Rating | FBR & Co. | Buy | |
| 2016-02-13 | Reiterated Rating | FBR & Co | Buy | |
| 2016-02-12 | Boost Price Target | FBR & Co. | Outperform | $40.00 to $43.00 |
| 2016-01-29 | Boost Price Target | Stifel Nicolaus | Buy | $43.00 to $44.00 |
| 2016-01-07 | Downgrade | Raymond James | Outperform to Market Perform | |
| 2016-01-07 | Downgrade | Raymond James Financial Inc. | Outperform to Market Perform | |
| 2015-12-30 | Boost Price Target | Stifel Nicolaus | Buy | $41.00 to $43.00 |
| 2015-12-17 | Initiated Coverage | Janney Montgomery Scott | Buy | $43.00 |
| 2015-12-15 | Upgrade | Wells Fargo | Market Perform to Outperform | |
| 2015-12-15 | Upgrade | Wells Fargo & Co. | Market Perform to Outperform | |
| 2015-11-13 | Initiated Coverage | BB&T Corp. | Hold | $41.50 |
| 2015-10-27 | Initiated Coverage | Wunderlich | Hold | $40.00 |
| 2015-08-04 | Reiterated Rating | Oppenheimer | Buy | $46.00 |
| 2015-07-23 | Upgrade | Morgan Stanley | Equal Weight to Overweight | $40.00 |
| 2015-07-23 | Initiated Coverage | DA Davidson | Neutral | $40.00 |
| 2015-06-15 | Initiated Coverage | Cowen and Company | Market Perform | $37.00 |
| 2015-05-13 | Lower Price Target | Robert W. Baird | Neutral | $44.00 to $40.00 |
| 2015-05-06 | Lower Price Target | RBC Capital | Outperform | $45.00 to $43.00 |
| 2015-05-06 | Lower Price Target | Royal Bank Of Canada | Outperform | $45.00 to $43.00 |
| 2015-03-24 | Initiated Coverage | Robert W. Baird | Neutral | $44.00 |
| 2015-02-17 | Boost Price Target | Citigroup Inc. | Neutral | $39.00 to $41.00 |
| 2015-01-26 | Downgrade | Deutsche Bank | Hold | |
| 2015-01-26 | Downgrade | Deutsche Bank AG | Hold | |
| 2014-12-05 | Upgrade | Bank of America | Neutral to Buy | |
| 2014-12-05 | Upgrade | Bank of America Corp. | Neutral to Buy | |
| 2014-11-14 | Boost Price Target | Citigroup Inc. | Neutral | $37.00 to $39.00 |
| 2014-11-12 | Boost Price Target | RBC Capital | Outperform | $38.00 to $42.00 |
| 2014-11-05 | Reiterated | FBR Capital | Mkt Perform | $36 to $40 |
| 2014-11-05 | Reiterated Rating | FBR & Co. | Market Perform | $36.00 to $40.00 |
| 2014-09-22 | Boost Price Target | Oppenheimer | Outperform | $37.00 to $39.00 |
| 2014-07-25 | Downgrade | Ladenburg Thalmann | Buy to Neutral | |
| 2014-07-16 | Downgrade | Morgan Stanley | Overweight to Equal Weight | |
| 2014-07-11 | Reiterated Rating | Citigroup Inc. | Neutral | $30.00 to $37.00 |
| 2014-06-24 | Downgrade | Bank of America | Buy to Neutral | $37.00 |
| 2014-06-09 | Boost Price Target | Stifel Nicolaus | Buy | $37.00 to $38.50 |
| 2014-05-05 | Initiated Coverage | Oppenheimer | Outperform | $37.00 |
| 2014-04-08 | Initiated Coverage | Morgan Stanley | Overweight | $38.50 |
| 2014-03-10 | Downgrade | FBR & Co. | Outperform to Market Perform | $36.00 |
| 2014-01-16 | Downgrade | JPMorgan Chase & Co. | Underweight | |
| 2013-12-05 | Initiated Coverage | Capital One Financial Corp. | Neutral | |
| 2013-11-12 | Lower Price Target | FBR & Co. | Outperform | $37.00 to $35.00 |
| 2013-10-11 | Initiated Coverage | Stifel Nicolaus | Hold to Buy | $37.00 |
| 2012-08-14 | Reiterated | FBR Capital | Outperform | $30 to $32 |
| 2016-07-11 | Boost Price Target | Stifel Nicolaus | Buy | $50.00 to $54.00 |
| 2016-07-07 | Boost Price Target | Citigroup Inc. | Neutral | $40.00 to $51.00 |
| 2016-05-16 | Downgrade | Morgan Stanley | Overweight to Equal Weight | $46.00 to $49.00 |
| 2016-05-02 | Reiterated Rating | Oppenheimer | Buy | |
| 2016-05-02 | Reiterated Rating | Oppenheimer Holdings Inc. | Buy |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In NNN 287 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| Vanguard Group, Inc | 26.42M |
| STATE STREET CORP | 19.55M |
| BlackRock Inc. | 19.31M |
| FMR LLC | 9.59M |
| VICTORY CAPITAL MANAGEMENT INC | 8.55M |
| BlackRock Fund Advisors | 6.75M |
| BlackRock Institutional Trust Company, N.A. | 5.90M |
| Shinko Asset Management Co., Ltd. | 5.50M |
| ROYAL BANK OF CANADA | 4.99M |
| JPMORGAN CHASE & CO | 3.65M |
| CITY NATIONAL BANK | 3.07M |
| PGGM Investments | 2.70M |
| GEODE CAPITAL MANAGEMENT, LLC | 2.69M |
| FEDERATED INVESTORS INC /PA/ | 2.64M |
| DIMENSIONAL FUND ADVISORS LP | 2.49M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| MACNAB CRAIG Chief Executive Officer | 0.34% (422333) | AMT / DDR / NNN / |
| WHITEHURST JULIAN E President and COO | 0.30% (381223) | NNN / |
| HABICHT KEVIN B EVP & CFO | 0.13% (160279) | NNN / |
| Bayer Paul Eugene Executive Officer | 0.11% (137130) | NNN / |
| Tessitore Christopher Paul Executive Officer | 0.11% (135625) | NNN / |
| LEGLER ROBERT C | 0.09% (106343) | NNN / |
| Horn Stephen A JR Executive Vice President | 0.08% (102433) | NNN / |
| LANIER TED B | 0.05% (64679) | NNN / |
| MARTINEZ ROBERT | 0.05% (63165) | NNN / |
| JENNINGS RICHARD B | 0.05% (61299) | ARE / NNN / |
| DEFOSSET DON | 0.04% (49162) | ITT / NNN / RF / TEX / |
| Miller Michelle Lynn EVP & Chief Accounting Officer | 0.03% (32447) | NNN / |
| FICK DAVID M | 0.03% (32070) | NNN / |
| FRITSCH EDWARD J | 0.03% (31704) | HIW / NNN / |
| Susser Sam L | 0.01% (13380) | NNN / SUSP / SUSS / |
| COSLER STEVEN D | 0.01% (11893) | CTRX / NNN / |
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