Realty Income Corporation (NYSE:O – Get Free Report) has received a consensus rating of “Hold” from the seventeen research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $67.1094.
O has been the topic of a number of research reports. Jefferies Financial Group assumed coverage on shares of Realty Income in a research note on Monday, June 1st. They set a “buy” rating and a $69.00 target price on the stock. Huntington initiated coverage on Realty Income in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 price target for the company. Barclays cut their price objective on Realty Income from $68.00 to $67.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 22nd. Stifel Nicolaus set a $70.75 price objective on Realty Income in a research report on Tuesday, June 30th. Finally, Wells Fargo & Company upped their target price on Realty Income from $64.00 to $65.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 15th.
Check Out Our Latest Analysis on Realty Income
Realty Income Trading Up 0.2%
Realty Income (NYSE:O – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities research analysts predict that Realty Income will post 4.45 earnings per share for the current fiscal year.
Realty Income Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be paid a dividend of $0.271 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Friday, July 31st. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.
Key Stories Impacting Realty Income
Here are the key news stories impacting Realty Income this week:
- Positive Sentiment: Realty Income’s monthly dividend remains a key attraction. The company declared a $0.27-per-share cash dividend payable Aug. 14, reinforcing its appeal to income-focused investors and supporting the view that a $15,000 investment can generate recurring annual income. Realty Income Corp’s Dividend Analysis
- Positive Sentiment: Analyst commentary remains cautiously constructive. Realty Income is viewed favorably versus Simon Property Group because of its steadier cash flow, broad tenant diversification, monthly dividend and lower forward valuation. Realty Income vs. Simon Property
- Neutral Sentiment: Wall Street is focusing on estimates for second-quarter operating metrics, not just revenue and earnings. The projections could increase volatility around the Aug. 5 report, particularly if occupancy, same-store performance or funds from operations differ from expectations. Q2 Earnings Key-Metric Projections
- Neutral Sentiment: Analysts remain cautiously optimistic despite Realty Income’s year-to-date outperformance, suggesting upside expectations are tempered rather than strongly bullish. The upcoming earnings release is therefore the primary near-term catalyst. Realty Income Stock Analyst Estimates and Ratings
- Negative Sentiment: The stock declined during the latest completed session even as the broader market improved, indicating relative weakness and possible profit-taking ahead of earnings. The July 31 ex-dividend date may also create technical pressure as the share price adjusts for the $0.27 distribution. Realty Income Stock Declines While Market Improves
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in O. EFG International AG acquired a new stake in Realty Income during the 4th quarter worth approximately $26,000. Evolution Wealth Management Inc. increased its position in Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 360 shares during the period. Quattro Advisors LLC acquired a new position in Realty Income in the 4th quarter valued at approximately $29,000. Sankala Group LLC acquired a new position in Realty Income in the 4th quarter valued at approximately $32,000. Finally, FNY Investment Advisers LLC raised its stake in shares of Realty Income by 622.2% during the fourth quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 560 shares during the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.
About Realty Income
Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.
Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.
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