Realty Income (O) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Realty Income in the last twelve months. There are currently 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" O shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in O, but not buy additional shares or sell existing shares.
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11 equities research analysts have issued 12 month price objectives for Realty Income's stock. Their O share price forecasts range from $59.00 to $74.00. On average, they anticipate the company's stock price to reach $67.34 in the next year. This suggests a possible upside of 34.9% from the stock's current price.
View analysts price targets for O or view top-rated stocks among Wall Street analysts.

Realty Income's stock was trading at $63.43 at the beginning of 2023. Since then, O shares have decreased by 21.3% and is now trading at $49.91.
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Realty Income saw a increase in short interest in August. As of August 31st, there was short interest totaling 16,880,000 shares, an increase of 19.0% from the August 15th total of 14,190,000 shares. Based on an average trading volume of 5,090,000 shares, the short-interest ratio is currently 3.3 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our O earnings forecast.

Realty Income Co. (NYSE:O) posted its quarterly earnings results on Tuesday, February, 21st. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by $0.62. The real estate investment trust earned $888.65 million during the quarter, compared to analyst estimates of $840.57 million. Realty Income had a trailing twelve-month return on equity of 2.98% and a net margin of 23.51%. The business's quarterly revenue was up 29.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.94 earnings per share.
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Realty Income announced a oct 23 dividend on Tuesday, September 12th. Investors of record on Monday, October 2nd will be given a dividend of $0.256 per share on Friday, October 13th. This represents a yield of 5.6%. The ex-dividend date of this dividend is Friday, September 29th. This is a boost from the stock's previous oct 23 dividend of $0.26.
Read our dividend analysis for O.

ETFs with the largest weight of Realty Income (NYSE:O) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), JPMorgan Realty Income ETF (JPRE), ALPS Active REIT ETF (REIT), iShares Cohen & Steers REIT ETF (ICF), SPDR Dow Jones REIT ETF (RWR), Real Estate Select Sector SPDR Fund (XLRE), iShares US Credit Bond ETF (CRED) and First Trust S&P REIT Index Fund (FRI).

Realty Income (NYSE:O) pays an annual dividend of $3.07 per share and currently has a dividend yield of 6.10%. O has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 30 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 229.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, O will have a dividend payout ratio of 73.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for O.

Realty Income issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $3.96-$4.01 for the period, compared to the consensus EPS estimate of $4.13. The company issued revenue guidance of -.

3 employees have rated Realty Income Chief Executive Officer Sumit Roy on Glassdoor.com. Sumit Roy has an approval rating of 69% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Realty Income investors own include AT&T (T), Johnson & Johnson (JNJ), Coca-Cola (KO), Verizon Communications (VZ), Altria Group (MO), AbbVie (ABBV), Exxon Mobil (XOM), Pfizer (PFE), Intel (INTC) and Cisco Systems (CSCO).

Realty Income trades on the New York Stock Exchange (NYSE) under the ticker symbol "O."

Realty Income's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.72%), State Street Corp (7.29%), Cohen & Steers Inc. (6.39%), Geode Capital Management LLC (2.21%), JPMorgan Chase & Co. (1.56%) and Daiwa Securities Group Inc. (1.36%). Insiders that own company stock include A Larry Chapman and Ronald Merriman.
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Shares of O stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of O stock can currently be purchased for approximately $49.91.

Realty Income (NYSE:O) has a market capitalization of $35.38 billion and generates $3.34 billion in revenue each year. The real estate investment trust earns $869.41 million in net income (profit) each year or $1.34 on an earnings per share basis.

The company employs 391 workers across the globe.

Realty Income's mailing address is 11995 EL CAMINO REAL, SAN DIEGO CA, 92130. The official website for the company is www.realtyincome.com. The real estate investment trust can be reached via phone at (858) 284-5000, via email at ir@realtyincome.com, or via fax at 760-741-2235.