NNN

NNN REIT, INC.

NYSE · Real Estate Investment Trusts · Inc. MD · CIK 0000751364
$46.59 +1.04% $8.9B
Insider Selling Cluster (3 insiders)25 New Institutional Positions8 Institutional Exits
Vol
Market Cap$8.9B
Cap SizeMid Cap
Analyst ConsensusSell (12%)
Inst. Holders50 funds
Inst. Value$5.5B
Inst. Activity25 buys / 8 sells
Insider Activity0B / 3S
Insider Net $-$1.9M
Reddit Sentiment50° Neutral
SEC Reports2
Exchange NYSE·Sector Real Estate Investment Trusts·Inc. MD·CIK 0000751364·Prev Close $46.11

Recent Activity

May 22, 2026 short_volume
Short Volume: NNN — 55.5% short (0.3M / 0.5M)
Short: 299,331 | Exempt: 69 | TRF Vol: 538,899 | Short Ratio: 55.5% | Off-exchange volume (dark pool
Apr 30, 2026 SEC
NNN REIT reported Q1 2026 AFFO of $0.87 per diluted share, flat YoY, and GAAP net earnings of $0.50 per diluted share, d
8-K — Impact 5/10
Apr 30, 2026 Insider
Witherspoon Kamau Omari was granted 1,391 shares
Director @ $43.52 ($60.5K)
Apr 30, 2026 Insider
Gulacsy Elizabeth was granted 1,049 shares
Director @ $43.52 ($45.7K)
Apr 30, 2026 Insider
FRITSCH EDWARD J was granted 833 shares
Director @ $43.52 ($36.3K)
Mar 9, 2026 SEC
NNN REIT CEO Stephen Horn sold nearly $1.5M in shares, followed by EVP Jonathan Adamo selling $270K, both in open-market
CLUSTER — Impact 3/10
Inst.
PRUDENTIAL FINANCIAL INC — DOUBLED
1,360,987 shares ($57.2M)
Inst.
Epoch Investment Partners, Inc. — NEW
1,020,233 shares ($42.9M)

Price Targets

$46.23 -0.8% upside Hold
Current $46.59 Low $44.00 Median $46.00 High $50.00 15 analysts
$44.00 $50.00

Analyst Ratings

Strong Sell12% buy · 25 analysts
1Strong Buy
2Buy
14Hold
7Sell
1Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 1, 2026 Wells Fargo MAINTAIN Equal-Weight → Equal-Weight
May 7, 2026 Citigroup MAINTAIN Neutral → Neutral
May 1, 2026 RBC Capital MAINTAIN Sector Perform → Sector Perform
Apr 28, 2026 Morgan Stanley MAINTAIN Overweight → Overweight
Apr 21, 2026 Barclays MAINTAIN Underweight → Underweight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.51 ▼ -2.9% $0.49 — $0.53 7% YoY 3
Next Q $0.51 ▼ -1.4% $0.51 — $0.52 5% YoY 3
Current FY $2.04 ▼ -2.7% $2.00 — $2.07 2% YoY 2
Next FY $2.10 ▼ -1.0% $2.04 — $2.19 3% YoY 3

Top Institutional Holders

FundValueMove
BlackRock, Inc.$1.1B
FMR LLC$808.5M
VANGUARD PORTFOLIO MANAGEMENT LLC$698.1M
STATE STREET CORP$476.3M
VANGUARD CAPITAL MANAGEMENT LLC$356.2M

Recent Insider Trades

DateInsiderTypeValue
Apr 30, 2026Witherspoon KamauA$60.5K
Apr 30, 2026Gulacsy ElizabethA$45.7K
Apr 30, 2026FRITSCH EDWARDA$36.3K
Apr 30, 2026HOLDEN BETSYA$54.1K
Apr 30, 2026FICK DAVIDA$77.8K

Reddit Sentiment

50°
Neutral
Bearish Neutral Bullish
2 mentions 0 bullish 0 bearish
50 institutional holders with $5.5B total value (129,795,989 shares) as of 2026-Q1. Top holders: BlackRock,, FMR, VANGUARD. Net buying activity: 25 institutions added/increased vs 8 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.25,928,608$1.1B19.9%
2FMR LLC19,236,585$808.5M14.8%
3VANGUARD PORTFOLIO MANAGEMENT LLC16,608,781$698.1M12.8%
4STATE STREET CORP11,331,794$476.3M8.7%
5VANGUARD CAPITAL MANAGEMENT LLC8,473,909$356.2M6.5%
6VICTORY CAPITAL MANAGEMENT INC8,318,682$349.6M6.4%
7MASSACHUSETTS FINANCIAL SERVICES CO /MA/2,974,695$133.6M2.4%
8FEDERATED HERMES, INC.3,031,655$127.4M2.3%
9CHARLES SCHWAB INVESTMENT MANAGEMENT INC2,977,152$125.1M2.3%
10MORGAN STANLEY2,925,161$122.9M2.3%
11DIMENSIONAL FUND ADVISORS LP2,816,528$118.4M2.2%
12GOLDMAN SACHS GROUP INC2,010,167$84.5M1.5%
13TWO SIGMA INVESTMENTS, LP1,848,688$77.7M1.4%DOUBLED +162.1%
14PRUDENTIAL FINANCIAL INC1,360,987$57.2M1.0%DOUBLED +10819.3%
15VANGUARD FIDUCIARY TRUST CO1,178,790$49.5M0.9%
16Hudson Bay Capital Management LP1,110,398$46.7M0.9%DOUBLED +135.6%
17BANK OF AMERICA CORP /DE/1,083,524$45.5M0.8%
18Legal & General Group Plc1,041,870$43.8M0.8%
19Epoch Investment Partners, Inc.1,020,233$42.9M0.8%NEW
20Artisan Partners Limited Partnership917,075$38.5M0.7%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
PRUDENTIAL FINANCIAL INCDOUBLED12,4641,360,987+10819.3%$57.2M2026-Q1
Epoch Investment Partners, Inc.NEW1,020,233$42.9M2026-Q1
Gotham Asset Management, LLCADD444,689684,207+53.9%$28.8M2026-Q1
APG Asset Management US Inc.NEW500,350$21.2M2026-Q1
Nuveen, LLCTRIM543,167326,455-39.9%$13.7M2026-Q1
Jain Global LLCNEW320,868$13.5M2026-Q1
DANSKE BANK A/SDOUBLED1,100278,028+25175.3%$11.7M2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLCTRIM426,247235,116-44.8%$9.9M2026-Q1
CAPTRUST FINANCIAL ADVISORSADD129,937197,799+52.2%$8.3M2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUNDADD89,678178,678+99.2%$7.5M2026-Q1
SEI INVESTMENTS COADD98,067159,462+62.6%$6.7M2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbHDOUBLED46,374157,023+238.6%$6.6M2026-Q1
Point72 Asset Management, L.P.ADD82,194130,978+59.4%$5.5M2026-Q1
JANUS HENDERSON GROUP PLCTRIM214,341117,221-45.3%$4.9M2026-Q1
RENAISSANCE TECHNOLOGIES LLCDOUBLED13,500112,200+731.1%$4.7M2026-Q1
EXCHANGE TRADED CONCEPTS, LLCADD63,462107,875+70.0%$4.5M2026-Q1
JOHNSON INVESTMENT COUNSEL INCTRIM67,56950,639-25.1%$2.1M2026-Q1
PICTON MAHONEY ASSET MANAGEMENTDOUBLED19,94741,463+107.9%$1.7M2026-Q1
LAZARD ASSET MANAGEMENT LLCADD25,52535,713+39.9%$1.5M2026-Q1
NEOS Investment Management LLCADD25,92435,509+37.0%$1.5M2026-Q1
Brevan Howard Capital Management LPDOUBLED8,00333,896+323.5%$1.4M2026-Q1
ALLSTATE CORPDOUBLED7,75633,234+328.5%$1.4M2026-Q1
M&T BANK CORPADD17,12027,287+59.4%$1.1M2026-Q1
Mitsubishi UFJ Trust & Banking CorpDOUBLED2,63426,515+906.6%$1.1M2026-Q1
XPONANCE LLCADD17,48822,697+29.8%$954.0K2026-Q1
10 unique insiders with 16 transactions. Net insider value: -$1.9M ($0.00 bought, $1.9M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Apr 30, 2026Witherspoon Kamau OmariDirectorAWARD1,391$43.52$60.5K
Apr 30, 2026Gulacsy ElizabethDirectorAWARD1,049$43.52$45.7K
Apr 30, 2026FRITSCH EDWARD JDirectorAWARD833$43.52$36.3K
Apr 30, 2026HOLDEN BETSY DDirectorAWARD1,243$43.52$54.1K
Apr 30, 2026FICK DAVID MDirectorAWARD1,787$43.52$77.8K
Apr 30, 2026Beall Pamela K.M.DirectorAWARD833$43.52$36.3K
Mar 9, 2026Horn Stephen A JRPresident & CEOSELL33,192$44.98$1.5M
Mar 6, 2026Adamo JonathanEVP Chief Portfolio OperationsSELL6,000$44.99$269.9K
Feb 20, 2026Miller Michelle LynnEVP,Chief Acctg & Tech OfficerSELL4,000$44.03$176.1K
Jan 30, 2026FICK DAVID MDirectorAWARD1,833$41.82$76.7K
Jan 30, 2026COSLER STEVEN DDirectorAWARD1,568$41.82$65.6K
Jan 30, 2026Beall Pamela K.M.DirectorAWARD867$41.82$36.3K
Jan 30, 2026FRITSCH EDWARD JDirectorAWARD867$41.82$36.3K
Jan 30, 2026Witherspoon Kamau OmariDirectorAWARD1,428$41.82$59.7K
Jan 30, 2026HOLDEN BETSY DDirectorAWARD1,276$41.82$53.4K
Jan 30, 2026Gulacsy ElizabethDirectorAWARD1,077$41.82$45.0K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Sell (12% buy). Based on 25 analysts: 1 strong buy, 2 buy, 14 hold, 7 sell, 1 strong sell.

Analyst Price Targets

$46.23 mean target -0.8% upside Hold (2.88)
$44.00 Low $50.00 High
MetricValue
Current Price$46.59
Target Low$44.00
Target Mean$46.23
Target Median$46.00
Target High$50.00
# Analysts15
RecommendationHold (2.88)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.51 $0.49 $0.53 6.6% -2.9% 0↑ 2↓ $0.2B 6.3% 3
Next Q
2026-09-30
$0.51 $0.51 $0.52 4.8% -1.4% 0↑ 2↓ $0.2B 6.3% 3
Current FY
2026-12-31
$2.04 $2.00 $2.07 2.5% -2.7% 0↑ 1↓ $1.0B 5.1% 2
Next FY
2027-12-31
$2.10 $2.04 $2.19 3.1% -1.0% 0↑ 2↓ $1.0B 5.3% 3

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.508
7d ago$0.509-0.001
30d ago$0.523-0.015
60d ago$0.523-0.015
90d ago$0.504+0.004
9 analyst firms have rated this stock: 0 upgrades, 1 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 1, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
May 7, 2026 Citigroup MAINTAIN Neutral Neutral
May 1, 2026 RBC Capital MAINTAIN Sector Perform Sector Perform
Apr 28, 2026 Morgan Stanley MAINTAIN Overweight Overweight
Apr 21, 2026 Barclays MAINTAIN Underweight Underweight
Mar 17, 2026 Evercore ISI Group MAINTAIN In-Line In-Line
Mar 17, 2026 Raymond James DOWNGRADE Outperform Market Perform
Mar 9, 2026 UBS MAINTAIN Neutral Neutral
Feb 12, 2026 BNP Paribas MAINTAIN Underperform Underperform
Jan 8, 2026 UBS MAINTAIN Neutral Neutral
Dec 15, 2025 Evercore ISI Group MAINTAIN In-Line In-Line

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 202612147112%
May 1, 202612147112%
Apr 1, 202625123032%
Mar 1, 202625123032%
Feb 1, 202625123032%
Jan 1, 202612157112%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

50°
Neutral
Bearish Neutral Bullish
2 mentions 0 bullish 0 bearish 2 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Mar 18, 2026150° Neutral001
Mar 18, 2026150° Neutral001

Recent Reddit Threads

r/investing Neutral 2mo ago
NNN Credit Sponsor Opprotunity - Deal Signed
▲ 1 💬 0 ⚡ 0.5
May 22, 2026
short_volume
Short Volume: NNN — 55.5% short (0.3M / 0.5M)
Short: 299,331 | Exempt: 69 | TRF Vol: 538,899 | Short Ratio: 55.5% | Off-exchange volume (dark pool + OTC)
May 20, 2026
short_volume
Short Volume: NNN — 72.9% short (0.7M / 0.9M)
Short: 655,506 | Exempt: 0 | TRF Vol: 899,265 | Short Ratio: 72.9% | Off-exchange volume (dark pool + OTC)
May 19, 2026
short_volume
Short Volume: NNN — 63.0% short (0.6M / 1.0M)
Short: 636,863 | Exempt: 462 | TRF Vol: 1,011,239 | Short Ratio: 63.0% | Off-exchange volume (dark pool + OTC)
May 18, 2026
dark_pool
Dark Pool: NNN — 2.4M shares, 38,635 trades
Week starting 2026-05-18. Total ATS volume: 2,414,973 shares across 38,635 trades.
May 11, 2026
short_volume
Short Volume: NNN — 61.6% short (0.4M / 0.6M)
Short: 396,574 | Exempt: 207 | TRF Vol: 644,023 | Short Ratio: 61.6% | Off-exchange volume (dark pool + OTC)
May 11, 2026
dark_pool
Dark Pool: NNN — 2.0M shares, 37,314 trades
Week starting 2026-05-11. Total ATS volume: 2,008,867 shares across 37,314 trades.
May 4, 2026
dark_pool
Dark Pool: NNN — 1.9M shares, 36,821 trades
Week starting 2026-05-04. Total ATS volume: 1,857,132 shares across 36,821 trades.
Apr 30, 2026
earnings_calendar
NNN Q1 2026 Earnings Before Market Open — 2026-04-30
Apr 29, 2026
short_volume
Short Volume: NNN — 60.9% short (0.7M / 1.1M)
Short: 665,071 | Exempt: 0 | TRF Vol: 1,091,370 | Short Ratio: 60.9% | Off-exchange volume (dark pool + OTC)
Apr 28, 2026
short_volume
Short Volume: NNN — 55.7% short (0.7M / 1.3M)
Short: 704,551 | Exempt: 0 | TRF Vol: 1,265,346 | Short Ratio: 55.7% | Off-exchange volume (dark pool + OTC)
Apr 27, 2026
dark_pool
Dark Pool: NNN — 2.7M shares, 43,392 trades
Week starting 2026-04-27. Total ATS volume: 2,709,104 shares across 43,392 trades.
Apr 23, 2026
short_volume
Short Volume: NNN — 71.9% short (0.5M / 0.8M)
Short: 544,809 | Exempt: 15,773 | TRF Vol: 757,370 | Short Ratio: 71.9% | Off-exchange volume (dark pool + OTC)
Apr 22, 2026
short_volume
Short Volume: NNN — 74.5% short (0.4M / 0.6M)
Short: 437,135 | Exempt: 1,290 | TRF Vol: 587,106 | Short Ratio: 74.5% | Off-exchange volume (dark pool + OTC)
Apr 20, 2026
dark_pool
Dark Pool: NNN — 2.0M shares, 36,435 trades
Week starting 2026-04-20. Total ATS volume: 2,033,998 shares across 36,435 trades.
Apr 13, 2026
dark_pool
Dark Pool: NNN — 1.5M shares, 29,257 trades
Week starting 2026-04-13. Total ATS volume: 1,486,371 shares across 29,257 trades.