Huntington Predicts Realty Income FY2026 Earnings

Key Points

• Huntington forecasts Realty Income FY2026 EPS of $4.34 and rates the REIT “Strong Buy”; its estimate is below the $4.45 analyst consensus.
• Realty Income reported quarterly EPS of $0.43, beating the $0.41 consensus, while revenue of $1.62 billion exceeded estimates and rose 10.3% year over year.
• The company declared a monthly dividend of $0.2715 per share, equivalent to $3.26 annually and a 5.5% yield at the cited share price.

Realty Income Corporation (NYSE:O - Free Report) - Investment analysts at Huntington issued their FY2026 earnings estimates for Realty Income in a research note issued on Wednesday, November 4th. Huntington analyst R. Stevenson anticipates that the real estate investment trust will post earnings per share of $4.34 for the year. Huntington has a "Strong-Buy" rating on the stock. The consensus estimate for Realty Income's current full-year earnings is $4.45 per share.

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

A number of other research firms also recently issued reports on O. Barclays lowered their target price on Realty Income from $65.00 to $61.00 and set an "equal weight" rating on the stock in a research report on Tuesday, October 20th. Stifel Nicolaus set a $63.75 price target on Realty Income in a research report on Friday, October 9th. Evercore set a $65.00 price target on Realty Income in a research note on Monday, September 21st. Mizuho set a $187.00 price target on Realty Income in a research report on Monday, October 19th. Finally, Cantor Fitzgerald dropped their price objective on Realty Income from $68.00 to $63.00 and set a "neutral" rating on the stock in a research note on Thursday. 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 issued a Sell rating to the stock. According to MarketBeat, Realty Income presently has an average rating of "Moderate Buy" and a consensus price target of $71.51.

Realty Income Trading Up 0.4%

Realty Income stock opened at $59.47 on Friday. The company has a market cap of $56.56 billion, a price-to-earnings ratio of 41.01, a P/E/G ratio of 4.62 and a beta of 0.65. The firm has a 50-day moving average of $57.16 and a 200-day moving average of $61.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 6.04 and a quick ratio of 5.88. Realty Income has a one year low of $53.15 and a one year high of $67.93.

Realty Income Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be paid a $0.2715 dividend. This represents a $3.26 annualized dividend and a yield of 5.5%. The ex-dividend date is Friday, October 30th. Realty Income's dividend payout ratio (DPR) is 224.83%.

Hedge Funds Weigh In On Realty Income

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC increased its position in Realty Income by 3.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 55,533 shares of the real estate investment trust's stock valued at $2,973,000 after acquiring an additional 2,008 shares during the period. Pictet Asset Management Holding SA raised its stake in shares of Realty Income by 17.5% during the third quarter. Pictet Asset Management Holding SA now owns 520,679 shares of the real estate investment trust's stock valued at $28,273,000 after acquiring an additional 77,368 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Realty Income by 165.1% during the third quarter. International Assets Investment Management LLC now owns 25,000 shares of the real estate investment trust's stock valued at $1,358,000 after acquiring an additional 15,569 shares during the last quarter. Pathway Financial Advisers LLC lifted its holdings in shares of Realty Income by 3.2% during the third quarter. Pathway Financial Advisers LLC now owns 106,492 shares of the real estate investment trust's stock worth $5,782,000 after purchasing an additional 3,296 shares during the period. Finally, Chicago Partners Investment Group LLC lifted its holdings in shares of Realty Income by 290.3% during the third quarter. Chicago Partners Investment Group LLC now owns 41,929 shares of the real estate investment trust's stock worth $2,385,000 after purchasing an additional 31,185 shares during the period. Institutional investors own 70.81% of the company's stock.

Realty Income News Roundup

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

• Positive Sentiment: After its Q3 2026 results, Realty Income raised its full-year adjusted funds from operations (AFFO) outlook to $4.45–$4.46 per share. AFFO was $1.12 per share for the quarter, and the company reported a 170-basis-point investment spread. Management also cited record investment sourcing and a €528 million European joint venture with KKR. Realty Income stock climbs on Q3 earnings and higher AFFO outlook
• Positive Sentiment: Huntington initiated coverage with a “Strong Buy” rating and raised its earnings estimates across multiple periods, including FY2027 to $4.50 and FY2028 to $4.62 per share. The upward revisions suggest greater optimism about Realty Income’s earnings outlook. Huntington analyst recommendations
• Positive Sentiment: Royal Bank of Canada reportedly raised its price target for Realty Income, another potentially supportive analyst signal; the supplied report does not provide the revised target. Realty Income stock gets price target increase from Royal Bank of Canada
• Neutral Sentiment: Recent investor commentary highlights Realty Income’s monthly dividend, diversified portfolio, and high occupancy as attractions for income-focused investors. This is supportive of the investment case but is not a new company announcement. Realty Income pays you 12 times a year
• Negative Sentiment: Cantor Fitzgerald cut its price target from $68 to $63 and maintained a “Neutral” rating. While the revised target remains above the cited share price, the reduction signals more restrained near-term expectations. Cantor Fitzgerald stock recommendations

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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