Cantor Fitzgerald Has Lowered Expectations for Realty Income (NYSE:O) Stock Price

Key Points

• Cantor Fitzgerald lowered its Realty Income price target from $68 to $63 and maintained a Neutral rating; the new target implies 6.31% upside from the prior close.
• Analyst views are mixed: the consensus rating is Moderate Buy, with an average price target of $71.51. RBC raised its target to $61 and rated the stock Outperform, while Wells Fargo cut its target to $59 and kept an Equal Weight rating.
• Realty Income’s latest reported quarter beat expectations, with EPS of $0.43 versus a $0.41 consensus and revenue of $1.62 billion versus $1.43 billion expected; revenue increased 10.3% year over year.

Realty Income (NYSE:O - Get Free Report) had its target price lowered by stock analysts at Cantor Fitzgerald from $68.00 to $63.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a "neutral" rating on the real estate investment trust's stock. Cantor Fitzgerald's price objective would suggest a potential upside of 6.31% from the company's previous close.

A number of other research firms have also recently commented on O. Royal Bank Of Canada lifted their price objective on shares of Realty Income from $60.00 to $61.00 and gave the stock an "outperform" rating in a research report on Tuesday. Stifel Nicolaus set a $63.75 price target on shares of Realty Income in a report on Friday, October 9th. Mizuho set a $187.00 price objective on shares of Realty Income in a research report on Monday, October 19th. Wells Fargo & Company decreased their target price on Realty Income from $64.00 to $59.00 and set an "equal weight" rating on the stock in a research report on Monday, October 19th. Finally, Huntington assumed coverage on Realty Income in a research note on Monday. They set a "strong-buy" rating on the stock. Three research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Realty Income currently has a consensus rating of "Moderate Buy" and an average price target of $71.51.

Realty Income Trading Up 3.1%

Shares of NYSE:O opened at $59.26 on Thursday. Realty Income has a 52-week low of $53.15 and a 52-week high of $67.93. The company has a debt-to-equity ratio of 0.74, a quick ratio of 5.88 and a current ratio of 6.04. The company has a market capitalization of $56.07 billion, a P/E ratio of 40.87, a price-to-earnings-growth ratio of 4.48 and a beta of 0.65. The company has a 50-day simple moving average of $57.21 and a 200 day simple moving average of $61.57.

Realty Income (NYSE:O - Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. Realty Income had a return on equity of 3.27% and a net margin of 21.85%. The firm had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the previous year, the business earned $1.08 earnings per share. The business's revenue was up 10.3% compared to the same quarter last year. Sell-side analysts forecast that Realty Income will post 4.45 earnings per share for the current year.

Institutional Trading of Realty Income

Institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Realty Income during the second quarter valued at approximately $6,997,219,000. State Street Corp raised its holdings in shares of Realty Income by 3.4% in the 2nd quarter. State Street Corp now owns 65,929,425 shares of the real estate investment trust's stock worth $4,102,484,000 after acquiring an additional 2,166,180 shares during the last quarter. Bank of America Corp DE lifted its position in Realty Income by 10.3% in the 2nd quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust's stock valued at $1,184,551,000 after acquiring an additional 1,785,859 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Realty Income by 1.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 13,018,219 shares of the real estate investment trust's stock valued at $796,457,000 after acquiring an additional 154,581 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Realty Income in the second quarter worth approximately $643,334,000. Institutional investors own 70.81% of the company's stock.

Key Stories Impacting Realty Income

Here are the key news stories impacting Realty Income this week:

• Positive Sentiment: Huntington raised its estimates for several quarters from late 2026 through 2028, lifting its full-year forecasts to $4.50 per share for 2027 and $4.62 for 2028. It maintained a Strong-Buy rating, signaling improved expectations for earnings. Huntington recommendations
• Positive Sentiment: Realty Income’s Q3 2026 adjusted funds from operations (AFFO) was $1.12 per share, and management raised 2026 AFFO guidance to $4.45–$4.46. The company also reported $2.6 billion in quarterly investments at an initial yield of 6.8%, supporting future rental income. Q3 results and AFFO outlook
• Positive Sentiment: Royal Bank of Canada raised its price target to $61 from $60 and kept an Outperform rating, adding to the positive analyst sentiment. RBC price target increase
• Neutral Sentiment: Despite the stronger outlook, AFFO per share growth was 3.7% year over year. That steady but modest pace may limit expectations for rapid share-price gains. Analysis of growth and earnings

About Realty Income

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily invests in single-tenant properties that are leased to businesses under long-term, net lease agreements, under which tenants generally are responsible for property taxes, insurance and maintenance.

Its portfolio includes retail, grocery, convenience store, industrial, distribution and other commercial properties. Realty Income serves a broad range of tenants and seeks to generate recurring rental income through long-term leases.

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