NNN REIT, Inc. (NNN)Real Estate | REIT - Retail | Orlando, United States | NYSE
40.80 USD
+0.30
(0.741%)
⇧
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 40.80 |
Hot Take ↕ | Oct. 10, 2026, 2:16 a.m. EDT
The long-term outlook remains neutral despite a resilient business, as the stock is currently trapped in a multi-year consolidation pattern. While the company boasts a massive 99.1% occupancy rate and recently topped earnings estimates, the price has failed to capitalize on this quality, trading down significantly from its 2019 highs. The market appears to be pricing in a 'value trap' scenario where the high dividend yield is masking deteriorating capital efficiency, evidenced by negative free cash flow and a payout ratio exceeding 100%. The recent price action confirms this skepticism, with the stock trading well below both its 50-day and 200-day moving averages, indicating persistent selling pressure. For income investors, the yield is attractive but risky given the inability to fund it entirely from operating cash flow. The short-term chart offers no clear catalyst to break the downtrend, leaving the investment case on hold until the price can prove it has found a sustainable floor above key resistance levels. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.068690 |
| AutoETS | 0.068958 |
| MSTL | 0.069734 |
| AutoTheta | 0.094555 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 46% |
| H-stat | 18.91 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.490 |
| Excess Kurtosis | -0.30 |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Ex Dividend Date | 2026-07-30 |
| Last Dividend Date | 2026-07-30 |
| Debt to Equity Ratio | 112.118 |
| Revenue per Share | 5.051 |
| Market Cap | 7,830,800,896 |
| Trailing P/E | 20.20 |
| Forward P/E | 19.48 |
| Beta | 0.76 |
| Profit Margins | 40.35% |
| Previous Name | National Retail Properties, Inc. |
| Website | https://www.nnnreit.com |
As of Oct. 10, 2026, 2:16 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put open interest at the $35 strike across multiple expirations, suggesting a fear of a significant drop to that level. Conversely, call interest is concentrated at the $45 and $50 strikes, indicating a speculative hope for a rebound to those targets rather than immediate upside momentum. The implied volatility skew shows higher premiums for downside protection compared to upside bets.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.30% | 5.60% | 5.65% | 5.35% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-31 | 0.620 | 1.304714 |
| 2026-04-30 | 0.600 | 1.370176 |
| 2026-01-30 | 0.600 | 1.439885 |
| 2025-10-31 | 0.600 | 1.482946 |
| 2025-07-31 | 0.600 | 1.454193 |
| 2025-04-30 | 0.580 | 1.410849 |
| 2025-01-31 | 0.580 | 1.472455 |
| 2024-10-31 | 0.580 | 1.335175 |
| 2024-07-31 | 0.580 | 1.292047 |
| 2024-04-29 | 0.565 | 1.390256 |
| 2024-01-30 | 0.565 | 1.392655 |
| 2023-10-30 | 0.565 | 1.596045 |
| 2023-07-28 | 0.565 | 1.319477 |
| 2023-04-27 | 0.550 | 1.282649 |
| 2023-01-30 | 0.550 | 1.172958 |
| 2022-10-28 | 0.550 | 1.313590 |
| 2022-07-28 | 0.550 | 1.168472 |
| 2022-04-28 | 0.530 | 1.157205 |
| 2022-01-28 | 0.530 | 1.221198 |
| 2021-10-28 | 0.530 | 1.148429 |
| 2021-07-29 | 0.530 | 1.090535 |
| 2021-04-29 | 0.520 | 1.116119 |
| 2021-01-28 | 0.520 | 1.296112 |
| 2020-10-29 | 0.520 | 1.596561 |
| 2020-07-30 | 0.520 | 1.469342 |
| 2020-04-29 | 0.515 | 1.585103 |
| 2020-01-30 | 0.515 | 0.911504 |
| 2019-10-30 | 0.515 | 0.882908 |
| 2019-07-30 | 0.515 | 0.979646 |
| 2019-04-29 | 0.500 | 0.962835 |
| 2019-01-30 | 0.500 | 0.959141 |
| 2018-10-30 | 0.500 | 1.050420 |
| 2018-07-30 | 0.500 | 1.129944 |
| 2018-04-27 | 0.475 | 1.236014 |
| 2018-01-30 | 0.475 | 1.222337 |
| 2017-10-30 | 0.475 | 1.182180 |
| 2017-07-27 | 0.475 | 1.165930 |
| 2017-04-26 | 0.455 | 1.053241 |
| 2017-01-27 | 0.455 | 1.053241 |
| 2016-10-27 | 0.455 | 1.015852 |
| 2016-07-27 | 0.455 | 0.885042 |
| 2016-04-27 | 0.435 | 0.983273 |
| 2016-01-27 | 0.435 | 1.036949 |
| 2015-10-28 | 0.435 | 1.128405 |
| 2015-07-29 | 0.435 | 1.179821 |
| 2015-04-28 | 0.420 | 1.051314 |
| 2015-01-28 | 0.420 | 0.969977 |
| 2014-10-29 | 0.420 | 1.128122 |
| 2014-07-29 | 0.420 | 1.151631 |
| 2014-04-28 | 0.405 | 1.175276 |
| 2014-01-29 | 0.405 | 1.245771 |
| 2013-10-29 | 0.405 | 1.164462 |
| 2013-07-29 | 0.405 | 1.127192 |
| 2013-04-26 | 0.395 | 1.008167 |
| 2013-01-29 | 0.395 | 1.236307 |
| 2012-10-31 | 0.395 | 1.246843 |
| 2012-07-27 | 0.395 | 1.352277 |
| 2012-04-26 | 0.385 | 1.407164 |
| 2012-01-27 | 0.385 | 1.416483 |
| 2011-10-27 | 0.385 | 1.411808 |
| 2011-07-27 | 0.385 | 1.533865 |
| 2011-04-27 | 0.380 | 1.457055 |
| 2011-01-27 | 0.380 | 1.524268 |
| 2010-10-27 | 0.380 | 1.405325 |
| 2010-07-28 | 0.380 | 1.627409 |
| 2010-04-28 | 0.375 | 1.589657 |
| 2010-01-27 | 0.375 | 1.830161 |
| 2009-10-28 | 0.375 | 1.928020 |
| 2009-07-29 | 0.375 | 1.951093 |
| 2009-04-28 | 0.375 | 2.148997 |
| 2009-01-28 | 0.375 | 2.310536 |
| 2008-10-29 | 0.375 | 2.320545 |
| 2008-07-29 | 0.375 | 1.791687 |
| 2008-04-28 | 0.375 | 1.597104 |
| 2008-01-29 | 0.355 | 1.582702 |
| 2007-10-29 | 0.355 | 1.438412 |
| 2007-07-27 | 0.355 | 1.709196 |
| 2007-04-26 | 0.355 | 1.450756 |
| 2007-01-29 | 0.335 | 1.426139 |
| 2006-10-27 | 0.335 | 1.508330 |
| 2006-07-27 | 0.335 | 1.637341 |
| 2006-04-26 | 0.325 | 1.547619 |
| 2006-01-27 | 0.325 | 1.441242 |
| 2005-10-27 | 0.325 | 1.757707 |
| 2005-07-27 | 0.325 | 1.565511 |
| 2005-04-27 | 0.325 | 1.710526 |
| 2005-01-27 | 0.325 | 1.752966 |
| 2004-10-27 | 0.325 | 1.667522 |
| 2004-07-28 | 0.325 | 1.912890 |
| 2004-04-28 | 0.320 | 1.897983 |
| 2004-01-28 | 0.320 | 1.787710 |
| 2003-10-29 | 0.320 | 1.842257 |
| 2003-07-29 | 0.320 | 1.802817 |
| 2003-04-28 | 0.320 | 1.963190 |
| 2003-01-29 | 0.320 | 2.153432 |
| 2002-10-29 | 0.320 | 2.039516 |
| 2002-07-29 | 0.320 | 1.987578 |
| 2002-04-26 | 0.315 | 2.147239 |
| 2002-01-29 | 0.315 | 2.382753 |
| 2001-10-29 | 0.315 | 2.410100 |
| 2001-07-27 | 0.315 | 2.347243 |
| 2001-04-26 | 0.315 | 2.571429 |
| 2001-01-29 | 0.315 | 2.680851 |
| 2000-10-27 | 0.315 | 3.092025 |
| 2000-07-27 | 0.310 | 2.934911 |
| 2000-04-26 | 0.310 | 2.850575 |
| 2000-01-27 | 0.310 | 3.024390 |
| 1999-10-27 | 0.310 | 2.802260 |
| 1999-07-28 | 0.310 | 2.710383 |
| 1999-04-28 | 0.310 | 2.361905 |
| 1999-01-27 | 0.310 | 2.296296 |
| 1998-10-28 | 0.310 | 2.110638 |
| 1998-07-29 | 0.310 | 1.976096 |
| 1998-04-28 | 0.310 | 1.893130 |
| 1998-01-28 | 0.300 | 1.714286 |
| 1997-10-29 | 0.300 | 1.860465 |
| 1997-07-29 | 0.300 | 1.967213 |
| 1997-04-28 | 0.300 | 2.033898 |
| 1997-01-29 | 0.300 | 1.920000 |
| 1996-10-29 | 0.300 | 2.201835 |
| 1996-07-29 | 0.300 | 2.201835 |
| 1996-04-26 | 0.290 | 2.209524 |
| 1996-01-10 | 0.290 | 2.252427 |
| 1995-10-13 | 0.290 | 2.230769 |
| 1995-07-27 | 0.290 | 2.297030 |
| 1995-04-24 | 0.290 | 2.391753 |
| 1995-01-25 | 0.290 | 2.416667 |
| 1994-10-25 | 0.290 | 2.442105 |
| 1994-07-25 | 0.290 | 2.148148 |
| 1994-04-25 | 0.280 | 2.018018 |
| 1994-01-25 | 0.280 | 2.055046 |
| 1993-10-04 | 0.280 | 2.018018 |
| 1993-07-26 | 0.280 | 2.093458 |
| 1993-04-26 | 0.270 | 2.000000 |
| 1993-01-25 | 0.270 | 2.204082 |
| 1992-10-26 | 0.270 | 2.273684 |
| 1992-07-27 | 0.270 | 2.634146 |
| 1992-04-24 | 0.270 | 2.634146 |
| 1992-01-27 | 0.270 | 2.769231 |
| 1991-10-25 | 0.270 | 2.958904 |
| 1991-07-25 | 0.260 | 2.736842 |
| 1991-04-19 | 0.260 | 2.888889 |
| 1991-01-25 | 0.260 | 3.250000 |
| 1990-10-25 | 0.260 | 3.354839 |
| 1990-04-23 | 0.250 | 3.225806 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.049964786 |
| Address1 | 450 South Orange Avenue |
| Address2 | Suite 900 |
| All Time High | 59.26 |
| All Time Low | 7.0 |
| Ask | 40.99 |
| Ask Size | 500 |
| Audit Risk | 1 |
| Average Analyst Rating | 2.9 - Hold |
| Average Daily Volume10 Day | 2,665,960 |
| Average Daily Volume3 Month | 1,778,418 |
| Average Volume | 1,778,418 |
| Average Volume10Days | 2,665,960 |
| Beta | 0.761 |
| Bid | 40.35 |
| Bid Size | 100 |
| Board Risk | 1 |
| Book Value | 23.241 |
| City | Orlando |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 40.8 |
| Current Ratio | 0.18 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 41.035 |
| Day Low | 40.32 |
| Debt To Equity | 112.118 |
| Display Name | NNN REIT |
| Dividend Date | 1,786,665,600 |
| Dividend Yield | 6.12 |
| Earnings Call Timestamp End | 1,793,822,400 |
| Earnings Call Timestamp Start | 1,793,822,400 |
| Earnings Growth | -0.037 |
| Earnings Quarterly Growth | -0.026 |
| Earnings Timestamp | 1,793,795,400 |
| Earnings Timestamp End | 1,793,795,400 |
| Earnings Timestamp Start | 1,793,795,400 |
| Ebitda | 860,658,624 |
| Ebitda Margins | 0.90287 |
| Enterprise To Ebitda | 14.905 |
| Enterprise To Revenue | 13.457 |
| Enterprise Value | 12,827,850,752 |
| Eps Current Year | 2.05661 |
| Eps Forward | 2.09493 |
| Eps Trailing Twelve Months | 2.02 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,785,456,000 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 407 650 1044 |
| Fifty Day Average | 43.6938 |
| Fifty Day Average Change | -2.8938026 |
| Fifty Day Average Change Percent | -0.066229135 |
| Fifty Two Week Change Percent | -4.9964786 |
| Fifty Two Week High | 50.0 |
| Fifty Two Week High Change | -9.200001 |
| Fifty Two Week High Change Percent | -0.18400002 |
| Fifty Two Week Low | 38.9 |
| Fifty Two Week Low Change | 1.8999977 |
| Fifty Two Week Low Change Percent | 0.048843127 |
| Fifty Two Week Range | 38.9 - 50.0 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 466,176,600,000 |
| Five Year Avg Dividend Yield | 5.21 |
| Float Shares | 179,709,208 |
| Forward Eps | 2.09493 |
| Forward P E | 19.475592 |
| Free Cashflow | -1,371,816,320 |
| Full Exchange Name | NYSE |
| Full Time Employees | 85 |
| Fullday Change | 0.31000137 |
| Fullday Change Percent | 0.7641148 |
| Fullday Price | 40.8 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.96094 |
| Gross Profits | 916,014,016 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.008590001 |
| Held Percent Institutions | 1.02296 |
| Implied Shares Outstanding | 191,931,400 |
| Industry | REIT - Retail |
| Industry Disp | REIT - Retail |
| Industry Key | reit-retail |
| Ir Website | http://www.snl.com/irweblinkx/corporateprofile.aspx?iid=103064 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,785,456,000 |
| Last Dividend Value | 0.62 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | NNN REIT, Inc. is a REIT that invests in high-quality properties subjected generally to long-term, net leases with minimal ongoing capital expenditures. As of June 30, 2026, the Company owned 3,774 properties across 50 states, the District of Columbia and Puerto Rico, encompassing approximately 40.4 million square feet of gross leasable area, with a weighted average remaining lease term of 10.1 years. NNN REIT, Inc. was incorporated in August 1984 in Maryland and is based in Orlando, Florida. |
| Long Name | NNN REIT, Inc. |
| Market | us_market |
| Market Cap | 7,830,800,896 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_275573 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-14 |
| Net Income To Common | 383,943,008 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 7,932,524,762 |
| Number Of Analyst Opinions | 16 |
| Open | 40.51 |
| Operating Cashflow | 673,008,000 |
| Operating Margins | 0.61697 |
| Overall Risk | 1 |
| Payout Ratio | 1.1881 |
| Peg Ratio | 4.79 |
| Phone | 407 265 7348 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 40.8 |
| Post Market Time | 1,792,008,900 |
| Prev Name | National Retail Properties, Inc. |
| Previous Close | 40.5 |
| Price Eps Current Year | 19.83847 |
| Price Hint | 2 |
| Price To Book | 1.7555183 |
| Price To Sales Trailing12 Months | 8.214871 |
| Profit Margins | 0.40353 |
| Quick Ratio | 0.116 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.88889 |
| Region | US |
| Regular Market Change | 0.299999 |
| Regular Market Change Percent | 0.740739 |
| Regular Market Day High | 41.035 |
| Regular Market Day Low | 40.32 |
| Regular Market Day Range | 40.32 - 41.035 |
| Regular Market Open | 40.51 |
| Regular Market Previous Close | 40.5 |
| Regular Market Price | 40.8 |
| Regular Market Time | 1,792,008,002 |
| Regular Market Volume | 2,423,184 |
| Return On Assets | 0.03914 |
| Return On Equity | 0.08719 |
| Revenue Growth | 0.077 |
| Revenue Per Share | 5.051 |
| Sand P52 Week Change | 0.17004645 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Share Holder Rights Risk | 1 |
| Shares Outstanding | 191,931,400 |
| Shares Percent Shares Out | 0.0382 |
| Shares Short | 7,329,433 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 7,999,296 |
| Short Name | NNN REIT, Inc. |
| Short Percent Of Float | 0.051599998 |
| Short Ratio | 3.65 |
| Source Interval | 15 |
| State | FL |
| Symbol | NNN |
| Target High Price | 50.5 |
| Target Low Price | 42.0 |
| Target Mean Price | 46.75 |
| Target Median Price | 47.0 |
| Total Cash | 4,223,000 |
| Total Cash Per Share | 0.022 |
| Total Debt | 5,001,272,832 |
| Total Revenue | 953,246,976 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 2.4 |
| Trailing Annual Dividend Yield | 0.059259262 |
| Trailing Eps | 2.02 |
| Trailing P E | 20.198019 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 44.2271 |
| Two Hundred Day Average Change | -3.4271011 |
| Two Hundred Day Average Change Percent | -0.07748871 |
| Type Disp | Equity |
| Volume | 2,423,184 |
| Website | https://www.nnnreit.com |
| Zip | 32,801-9803 |