Stock on Focus: National Retail Properties, Inc. (NNN)

Company Profile:

National Retail Properties, Inc. is a publicly owned equity real estate investment trust. The firm acquires, owns, manages, and develops retail properties in the United States. It provides complete turn-key and built-to-suit development services including market analysis, site selection and acquisition, entitlements, permitting, and construction management. The firm also focuses on purchasing and financing net-leased retail properties. It was formerly known as Commercial Net Lease Realty, Inc. National Retail Properties was founded in August 1984 and is based in Orlando, Florida.

Recent News:

On Aug. 19, 2016, the company announced that Pamela K. M. Beall and Steven D. Cosler were appointed to the Board of Directors.Ms. Beall has an extensive background in finance and corporate risk.Mr. Cosler has a wide-ranging executive management background.

On Aug. 15, 2016, The Board of Directors declared a cash dividend on its 6.625% Series D Cumulative Redeemable Preferred Stock of 41.40625 cents per depositary share payable September 15, 2016, to shareholders of record on August 31, 2016.

For the quarter ended June 30, 2016, FFO per share increased 1.8% over prior year results. Core FFO per share increased 7.3% over prior year resultsThe company owned 2,452 properties in 48 states with a gross leasable area of approximately 26.3 million square feet and with a weighted average remaining lease term of 11.4 years.

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

NNN’s strengths can be seen in its better growth, robust profitability and strong solvency. Its revenue and net income have increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in Stochastic Oscillator and RSI is increasing to 50.80. We rate National Retail Properties, Inc. (NNN) a STRONG BUY.