NNN

NNN REIT, Inc. Real Estate - REIT - Retail Investor Relations →

NO
17.4% ABOVE
↓ Approaching Was 21.7% last week
-15% -10% -5% 0% 5% 10% 15%+
Buy Threshold $38.32
14-Week RSI 52
Rel. Volume (14w) This week's trading vs. the 14-week average 1.2x
Buyers vs. Sellers (14w) Are up-weeks or down-weeks getting more volume? 1.16

NNN REIT, Inc. (NNN) closed at $45.00 as of 2026-06-19, trading 17.4% above its 200-week moving average of $38.32. The stock is currently moving closer to the line, down from 21.7% last week. The 14-week RSI sits at 52, indicating neutral momentum.

Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.16 ratio) is neutral — neither side is clearly dominating.

Over the past 2127 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 $8.6 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 33.5 years, a hypothetical investment of $100 in NNN would have grown to $3499, compared to $3097 for the S&P 500. That represents an annualized return of 11.2% vs 10.8% 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.

Bean Score Experimental

The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices NNN would reach each dislocation threshold.

Current Bean Score +0.43σ
Current FCF Yield 7.61%
Baseline Yield 8.11%
Historical σ 0.34pp

Dislocation Price Levels

Prices where NNN's Bean Score would hit each σ threshold. Valid until next earnings report (date TBD — last report: 2026-03-31).

LevelσPriceSignal
Deep Value+2σ$41.98Unusually cheap — potential buy zone
Value+1σ$43.83Cheap vs. own history
Fair Value+0σ$45.85Historical mean behavior
Expensive-1σ$48.07Expensive vs. own history
Deep Expensive-2σ$50.51Unusually expensive — potential trim zone

Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end

Data depth: 2 quarterly baselines, 22 price observations — Limited history (4+ quarters preferred for reliability)

Signal Accuracy Collecting Data

The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"

11 / 13 weeks minimum

Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.

Dislocation Scores Experimental

Each score measures deviation from NNN's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.

Yield Dislocation -1.01σ Dividend yield vs own 10-yr norm
Drawdown Score +0.09σ Distance from line vs own history
Sector-Relative +0.46σ Vs sector median this week
Buyback Acceleration -0.2pp YoY share change vs own 3-yr pace (− = accelerating)
Insider Intensity N/A TTM buys / market cap, percentile of buyers
FCF Yield vs History -25.1pp Vs own recent annual mean
Earnings Quality Stable Accrual gap trend (-1.4pp of revenue)

Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.

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Historical Touches

NNN has crossed below its 200-week MA 21 times with an average 1-year return of +14.4% after recovery.

Crossed BelowRecoveredWeeksMax Depth1-Year ReturnReturn Since Touch
Sep 1985Oct 198510.2%-2.2%+4726.1%
Oct 1985Oct 198510.3%-6.5%+4726.1%
Nov 1985Dec 198532.6%+4.3%+4726.1%
Dec 1985Jan 198610.5%+1.1%+4726.1%
Mar 1986Nov 19863313.6%-11.1%+4833.4%
Jan 1987Dec 199020526.7%-28.3%+4726.1%
Dec 1990Feb 199153.6%+30.9%+6602.9%
Feb 1999Apr 1999910.0%-5.3%+1951.0%
Apr 1999May 199910.5%-2.4%+1859.2%
Jul 1999Jan 20017718.5%-2.7%+1853.1%
Oct 2008Jul 20094139.6%+20.5%+501.0%
Feb 2018Feb 201811.3%+49.0%+83.1%
Feb 2018Mar 201810.6%+43.6%+81.1%
Mar 2018Mar 201812.0%+51.7%+83.0%
Apr 2018Apr 201821.9%+46.6%+78.9%
Mar 2020Dec 20204039.1%+50.5%+110.1%
Jan 2021Feb 202144.4%+25.3%+49.9%
Jun 2022Jun 202211.7%+8.9%+36.0%
Sep 2022Oct 202257.7%-8.6%+33.1%
Aug 2023Nov 20231311.7%+23.3%+35.8%
Jan 2025Feb 202554.4%+14.4%+29.1%
Average21+14.4%

Frequently Asked Questions

Is NNN below its 200-week moving average?

No. NNN REIT, Inc. (NNN) is currently 17.4% above its 200-week moving average of $38.32. It would need to fall to $38.32 to cross below the line.

What is NNN's 200-week moving average price?

NNN REIT, Inc.'s 200-week moving average is $38.32 as of 2026-06-19. 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 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 52. 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 33.5 years, $100 invested in NNN would have grown to $3499, compared to $3097 for the S&P 500. That's 11.2% annualized vs 10.8% for the index. NNN has outperformed the broader market over this period.

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 2026-06-19