MEDIUM confidence: 100% data completeness, but the composite (59) sits in the indecisive 30–70 range — strong-buy and short calls require a more decisive composite. What does confidence mean?
Technical context for active traders — derived from price, the 50/200-day moving averages, the 52-week range, and recent volume. Not part of the QScore.
Net insider -$1.9M over 180 days (0 open-market buys, 3 sells). Insider buying is the informative signal; routine selling is normal.
Short interest, days-to-cover, and institutional-ownership change require a data-plan upgrade (not yet available).
Forward-return IC, quintile spread & hit rate publish on /performance as the tracking panel accrues enough no-look-ahead history.
Net buyback (repurchases less issuance) ÷ market cap, plus trailing dividend yield.
Avg target $47 (last qtr, 3 analysts) → $47 (last mo, 1) (-0.7%).
Buy-rated share 22% → 18% over ~3 months (-5pp).
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Apr 2026 | $0.51 | $0.87 | +70.3% |
| Feb 2026 | $0.49 | $0.87 | +76.2% |
| Nov 2025 | $0.86 | $0.86 | +0.0% |
| Aug 2025 | $0.84 | $0.85 | +1.2% |
| May 2025 | $0.83 | $0.87 | +4.8% |
| Feb 2025 | $0.82 | $0.82 | +0.0% |
| Oct 2024 | $0.84 | $0.84 | +0.0% |
| Aug 2024 | $0.83 | $0.84 | +1.2% |
| Metric (USD) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $726M— | $773M+6.4% | $828M+7.1% | $869M+5.0% | $926M+6.6% |
| EPS (dil.) | $1.51— | $1.89+25.2% | $2.16+14.3% | $2.15-0.5% | $2.07-3.7% |
| Free Cash Flow | $568M— | $578M+1.7% | $612M+5.9% | $636M+3.8% | $667M+5.0% |
| Gross Margin | 96.1% | 96.6%+0.5pp | 96.6%-0.0pp | 96.3%-0.3pp | 38.0%-58.3pp |
| Operating Margin | 61.8% | 62.4%+0.6pp | 67.0%+4.6pp | 66.5%-0.6pp | 61.5%-5.0pp |
| Net Margin | 39.9% | 43.3%+3.3pp | 47.4%+4.1pp | 45.7%-1.7pp | 42.1%-3.6pp |
Absolute figures with year-over-year change. Margins show the level with the change in percentage points (pp). “n/m” = not meaningful (prior ≤ 0); ⚠ marks a large percentage off a small base — read the dollar figure.
Fama-French 5-factor (2×3) + Momentum, monthly OLS with Newey-West errors. Bars show signed factor betas; faded bars/figures aren't statistically significant.
The QScore of 59 for NNN REIT indicates a moderately attractive stock, driven by its strong momentum and profitability, with scores of 62 and 61, respectively. The stock's value score is somewhat lower at 53, reflecting a P/E of 23.0 and EV/EBITDA of 16.0, indicating it trades at a premium. The short-term score is slightly higher than the long-term score, suggesting recent performance is a key factor, with the stock exhibiting strong momentum, up nearly 11% over the past year and 12.8% over the past three months.