NNN REIT Inc (NNN) average volume reaches $1.51M: Is Wall Street expecting a rally?

On Tuesday, NNN REIT Inc (NYSE: NNN) was -1.82% down from the session before settling in for the closing price of $42.28. A 52-week range for NNN has been $34.38 – $44.96.

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Real Estate Sector giant saw their annual sales surged by 5.94% over the last five years. When this article was written, the company’s average yearly earnings per share was at -8.43%. With a float of $181.00 million, this company’s outstanding shares have now reached $182.47 million.

The firm has a total of 82 workers. Let’s measure their productivity.

NNN REIT Inc (NNN) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward NNN REIT Inc stocks. The insider ownership of NNN REIT Inc is 0.81%, while institutional ownership is 91.82%. The most recent insider transaction that took place on Dec 13 ’23, was worth 1,586,277. In this transaction EVP of this company sold 38,056 shares at a rate of $41.68, taking the stock ownership to the 140,539 shares. Before that another transaction happened on Nov 27 ’23, when Company’s EVP, Portfolio Operations sold 4,000 for $39.85, making the entire transaction worth $159,400. This insider now owns 56,450 shares in total.

NNN REIT Inc (NNN) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $0.53 earnings per share (EPS) during the time that was better than consensus figure (set at $0.48) by $0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -8.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.79% during the next five years compared to 5.52% growth over the previous five years of trading.

NNN REIT Inc (NYSE: NNN) Trading Performance Indicators

You can see what NNN REIT Inc (NNN) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.15. Likewise, its price to free cash flow for the trailing twelve months is 12.37.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.16, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 2.05 in one year’s time.

Technical Analysis of NNN REIT Inc (NNN)

Analysing the last 5-days average volume posted by the [NNN REIT Inc, NNN], we can find that recorded value of 1.14 million was lower than the volume posted last year of 1.51 million. As of the previous 9 days, the stock’s Stochastic %D was 52.50%. Additionally, its Average True Range was 0.69.

During the past 100 days, NNN REIT Inc’s (NNN) raw stochastic average was set at 63.35%, which indicates a significant increase from 38.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.40% in the past 14 days, which was higher than the 17.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $41.29, while its 200-day Moving Average is $40.26. Now, the first resistance to watch is $41.94. This is followed by the second major resistance level at $42.37. The third major resistance level sits at $42.67. If the price goes on to break the first support level at $41.22, it is likely to go to the next support level at $40.92. Should the price break the second support level, the third support level stands at $40.49.

NNN REIT Inc (NYSE: NNN) Key Stats

There are 182,850K outstanding shares of the company, which has a market capitalization of 7.57 billion. As of now, sales total 828,110 K while income totals 392,340 K. Its latest quarter income was 216,230 K while its last quarter net income were 96,680 K.