Trade-Ideas LLC identified

National Retail Properties

(

NNN

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified National Retail Properties as such a stock due to the following factors:

  • NNN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $49.2 million.
  • NNN has traded 11,861 shares today.
  • NNN is trading at a new lifetime high.

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More details on NNN:

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. The stock currently has a dividend yield of 3.8%. NNN has a PE ratio of 38. Currently there are 6 analysts that rate National Retail Properties a buy, 1 analyst rates it a sell, and 9 rate it a hold.

The average volume for National Retail Properties has been 1.4 million shares per day over the past 30 days. National Retail has a market cap of $6.5 billion and is part of the financial sector and real estate industry. The stock has a beta of 0.35 and a short float of 7.6% with 8.16 days to cover. Shares are up 14.3% year-to-date as of the close of trading on Thursday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates National Retail Properties as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from the ratings report include:

  • NNN's revenue growth has slightly outpaced the industry average of 7.9%. Since the same quarter one year prior, revenues slightly increased by 9.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period, despite the company's weak earnings results. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • The gross profit margin for NATIONAL RETAIL PROPERTIES is rather high; currently it is at 67.42%. Regardless of NNN's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, NNN's net profit margin of 33.59% compares favorably to the industry average.
  • NATIONAL RETAIL PROPERTIES's earnings per share declined by 31.4% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past year. However, we anticipate this trend reversing over the coming year. During the past fiscal year, NATIONAL RETAIL PROPERTIES reported lower earnings of $1.20 versus $1.24 in the prior year. This year, the market expects an improvement in earnings ($1.31 versus $1.20).
  • The company, on the basis of change in net income from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and greatly underperformed compared to the Real Estate Investment Trusts (REITs) industry average. The net income has decreased by 21.0% when compared to the same quarter one year ago, dropping from $53.76 million to $42.47 million.

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