NNN
NNN REIT, Inc. Real Estate - REIT - Retail Investor Relations →
NNN REIT, Inc. (NNN) closed at $43.95 as of 2026-05-01, trading 15.5% above its 200-week moving average of $38.06. The stock moved further from the line this week, up from 13.8% last week. The 14-week RSI sits at 61, indicating neutral momentum.
Trading volume is running at 1.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.14 ratio) is neutral — neither side is clearly dominating.
Over the past 2120 weeks of data, NNN has crossed below its 200-week moving average 21 times. On average, these episodes lasted 21 weeks. Historically, investors who bought NNN at the start of these episodes saw an average one-year return of +14.4%.
With a market cap of $8.4 billion, NNN is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 8.8%. The stock trades at 1.9x book value.
Share count has increased 4.7% over three years, indicating dilution.
Over the past 33.3 years, a hypothetical investment of $100 in NNN would have grown to $3417, compared to $2973 for the S&P 500. That represents an annualized return of 11.2% vs 10.7% for the index — confirming NNN as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 4.9% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NNN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NNN Crosses Below the Line?
Across 14 historical episodes, buying NNN when it crossed below its 200-week moving average produced an average return of +22.6% after 12 months (median +19.0%), compared to +16.9% for the S&P 500 over the same periods. 79% of those episodes were profitable after one year. After 24 months, the average return was +31.2% vs +24.5% for the index.
Each line shows $100 invested at the moment NNN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NNN has crossed below its 200-week MA 21 times with an average 1-year return of +14.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 1985 | Oct 1985 | 1 | 0.2% | -2.2% | +4613.5% |
| Oct 1985 | Oct 1985 | 1 | 0.3% | -6.5% | +4613.5% |
| Nov 1985 | Dec 1985 | 3 | 2.6% | +4.3% | +4613.5% |
| Dec 1985 | Jan 1986 | 1 | 0.5% | +1.1% | +4613.5% |
| Mar 1986 | Nov 1986 | 33 | 13.6% | -11.1% | +4718.3% |
| Jan 1987 | Dec 1990 | 205 | 26.7% | -28.3% | +4613.5% |
| Dec 1990 | Feb 1991 | 5 | 3.6% | +30.9% | +6446.5% |
| Feb 1999 | Apr 1999 | 9 | 10.0% | -5.3% | +1903.2% |
| Apr 1999 | May 1999 | 1 | 0.5% | -2.4% | +1813.5% |
| Jul 1999 | Jan 2001 | 77 | 18.5% | -2.7% | +1807.5% |
| Oct 2008 | Jul 2009 | 41 | 39.6% | +20.5% | +486.9% |
| Feb 2018 | Feb 2018 | 1 | 1.3% | +49.0% | +78.9% |
| Feb 2018 | Mar 2018 | 1 | 0.6% | +43.6% | +76.9% |
| Mar 2018 | Mar 2018 | 1 | 2.0% | +51.7% | +78.7% |
| Apr 2018 | Apr 2018 | 2 | 1.9% | +46.6% | +74.7% |
| Mar 2020 | Dec 2020 | 40 | 39.1% | +50.5% | +105.2% |
| Jan 2021 | Feb 2021 | 4 | 4.4% | +25.3% | +46.4% |
| Jun 2022 | Jun 2022 | 1 | 1.7% | +8.9% | +32.9% |
| Sep 2022 | Oct 2022 | 5 | 7.7% | -8.6% | +30.0% |
| Aug 2023 | Nov 2023 | 13 | 11.7% | +23.3% | +32.7% |
| Jan 2025 | Feb 2025 | 5 | 4.4% | +14.4% | +26.1% |
| Average | 21 | — | +14.4% | — |
Frequently Asked Questions
Is NNN below its 200-week moving average?
No. NNN REIT, Inc. (NNN) is currently 15.5% above its 200-week moving average of $38.06. It would need to fall to $38.06 to cross below the line.
What is NNN's 200-week moving average price?
NNN REIT, Inc.'s 200-week moving average is $38.06 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NNN drops below its 200-week moving average?
NNN has crossed below its 200-week moving average 21 times in our data. On average, buying at that moment produced a one-year return of +14.4%. These dips have historically been decent entry points. These episodes lasted 21 weeks on average.
Is NNN a good value right now?
Here's what our data says about NNN as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 61. Free cash flow is currently negative. Return on equity is 8.8%. Price-to-book is 1.9x. This is not a buy or sell recommendation — always do your own research.
How does NNN compare to the S&P 500?
Over the past 33.3 years, $100 invested in NNN would have grown to $3417, compared to $2973 for the S&P 500. That's 11.2% annualized vs 10.7% for the index. NNN has outperformed the broader market over this period.
Does NNN pay a dividend?
Yes. NNN REIT, Inc. currently pays a dividend yield of 546.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01