Realty Income Corporation (NYSE:O) Stock Has Consensus Price Target of $71.81 According to Brokerages

Key Points

• Analyst sentiment is moderately positive: Eighteen brokerages rate Realty Income “Moderate Buy,” with a consensus 12-month price target of $71.81. Ratings are mixed, including nine holds, six buys, two strong buys and one sell.
• Quarterly results beat estimates: Third-quarter revenue rose 10.3% year over year to $1.62 billion, and AFFO per share increased 3.7% to $1.12. Management raised 2026 AFFO guidance to $4.45–$4.46 per share.
• The company announced a monthly dividend of $0.2715 per share, equivalent to a 5.7% annualized yield. Higher U.S. borrowing costs and modest AFFO growth remain potential headwinds.

Realty Income Corporation (NYSE:O - Get Free Report) has received an average recommendation of "Moderate Buy" from the eighteen research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, nine have issued a hold rating, six have given a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $71.81.

A number of equities research analysts have recently issued reports on the stock. Barclays dropped their target price on shares of Realty Income from $65.00 to $61.00 and set an "equal weight" rating for the company in a report on Tuesday, October 20th. Royal Bank Of Canada raised their price target on shares of Realty Income from $60.00 to $61.00 and gave the stock an "outperform" rating in a research note on Tuesday. Weiss Ratings lowered shares of Realty Income from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday. Stifel Nicolaus set a $63.75 price target on shares of Realty Income in a research report on Friday, October 9th. Finally, Mizuho set a $187.00 price objective on shares of Realty Income in a research note on Monday, October 19th.

More Realty Income News

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

• Positive Sentiment: Third-quarter AFFO was $1.12 per share, up 3.7% year over year and ahead of estimates. Revenue rose 10.3% to $1.62 billion, and management raised 2026 AFFO guidance to $4.45–$4.46 per share. Article: Realty Income Has Paid 676 Consecutive Monthly Dividends
• Positive Sentiment: Royal Bank of Canada raised its price target from $60 to $61 and maintained an “outperform” rating, signaling potential upside from its cited share price. Article: Royal Bank of Canada rating and price target
• Positive Sentiment: Management highlighted broader funding options, including European transactions, private capital and credit investments, which could help support investment despite higher U.S. borrowing costs. Article: Realty Income Q3 Earnings Call Centers on Funding Flexibility
• Neutral Sentiment: The dividend remains supported by cash flow: Realty Income paid out roughly 73% of AFFO and invested $2.6 billion during the quarter at an initial yield of 6.8%. Its long monthly-dividend record reinforces its income appeal, though it does not necessarily imply faster share-price growth. Article: Realty Income Has Paid 676 Consecutive Monthly Dividends
• Negative Sentiment: Despite portfolio expansion and strong occupancy, AFFO per share growth was only 3.7%. That modest pace helps explain why a quarterly beat and higher guidance have not translated into a stronger investor response. Article: Why Isn't Realty Income's Stock Taking Off After Strong Earnings Results?
• Negative Sentiment: Higher U.S. borrowing costs remain a headwind for a capital-intensive REIT, potentially pressuring financing economics and limiting the benefit of new investments.

Realty Income Stock Down 0.1%

Shares of O opened at $57.53 on Wednesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88. Realty Income has a one year low of $53.15 and a one year high of $67.93. The stock has a market capitalization of $54.44 billion, a price-to-earnings ratio of 39.68, a PEG ratio of 4.50 and a beta of 0.65. The stock has a 50 day moving average price of $57.29 and a 200 day moving average price of $61.58.

Realty Income (NYSE:O - Get Free Report) last posted its quarterly earnings data on Monday, November 2nd. The real estate investment trust reported $0.43 EPS for the quarter, beating the consensus estimate of $0.41 by $0.02. The firm had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.43 billion. Realty Income had a return on equity of 3.30% and a net margin of 21.85%. The firm's revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.08 EPS. Equities research analysts forecast that Realty Income will post 4.45 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be paid a $0.2715 dividend. This represents a $3.26 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Friday, October 30th. Realty Income's dividend payout ratio (DPR) is 237.96%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Dunhill Financial LLC acquired a new stake in shares of Realty Income in the second quarter valued at approximately $27,000. Fiduciary Financial Advisors purchased a new position in Realty Income during the second quarter worth approximately $36,000. Coppell Advisory Solutions LLC purchased a new position in Realty Income during the second quarter worth approximately $40,000. Meeder Asset Management Inc. acquired a new position in Realty Income during the second quarter worth $42,000. Finally, Meramec Financial Planners LLC acquired a new position in Realty Income during the second quarter worth $44,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Company Profile

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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