Realty Income, The Monthly Dividend Company is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 5,400 real estate properties owned under long-term lease agreements with regional and national commercial tenants. To date, the company has declared 577 consecutive common stock monthly dividends throughout its 49-year operating history and increased the dividend 97 times since Realty Income's public listing in 1994 (NYSE: O).
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:O
CUSIP75610910
Phone858-284-5000
Debt
Debt-to-Equity Ratio0.87
Current Ratio1.28
Quick Ratio1.28
Price-To-Earnings
Trailing P/E Ratio18.44
Forward P/E Ratio17.97
P/E Growth4.08
Sales & Book Value
Annual Sales$1.22 billion
Price / Sales13.64
Cash Flow$3.1969 per share
Price / Cash17.88
Book Value$26.23 per share
Price / Book2.18
Profitability
EPS (Most Recent Fiscal Year)$3.06
Net Income$318.79 million
Net Margins25.96%
Return on Equity5.05%
Return on Assets2.63%
Miscellaneous
Employees152
Outstanding Shares290,040,000
Market Cap$16.68 billion
Realty Income (NYSE:O) Frequently Asked Questions
What is Realty Income's stock symbol?
Realty Income trades on the New York Stock Exchange (NYSE) under the ticker symbol "O."
How often does Realty Income pay dividends? What is the dividend yield for Realty Income?
Realty Income announced a oct 18 dividend on Tuesday, September 18th. Stockholders of record on Monday, October 1st will be given a dividend of $0.2205 per share on Monday, October 15th. The ex-dividend date is Friday, September 28th. View Realty Income's Dividend History.
How were Realty Income's earnings last quarter?
Realty Income Corp (NYSE:O) posted its quarterly earnings results on Wednesday, August, 1st. The real estate investment trust reported $0.34 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.79 by $0.45. The real estate investment trust earned $328.90 million during the quarter, compared to analysts' expectations of $311.95 million. Realty Income had a net margin of 25.96% and a return on equity of 5.05%. The firm's revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 earnings per share. View Realty Income's Earnings History.
When is Realty Income's next earnings date?
What guidance has Realty Income issued on next quarter's earnings?
Realty Income issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share guidance of $3.16-3.21 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.17.
What price target have analysts set for O?
14 Wall Street analysts have issued twelve-month price targets for Realty Income's stock. Their forecasts range from $44.00 to $65.00. On average, they expect Realty Income's share price to reach $58.15 in the next year. This suggests a possible upside of 1.8% from the stock's current price. View Analyst Price Targets for Realty Income.
What is the consensus analysts' recommendation for Realty Income?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Realty Income in the last year. There are currently 10 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Realty Income.
What are Wall Street analysts saying about Realty Income stock?
Here are some recent quotes from research analysts about Realty Income stock:
- 1. According to Zacks Investment Research, "Shares of Realty Income have outperformed the industry it belongs to in the past three months. However, the Zacks Consensus Estimate for 2018 funds from operations (FFO) per share remained unchanged while the same for 2019 FFO per share was revised downward in a month’s time. Notably, this freestanding retail REIT derives more than 90% of its annualized retail rental revenues from tenants belonging to service, non-discretionary and low-price retail business. Such businesses are less susceptible to economic recessions, as well as competition from Internet retailing. Nonetheless, despite all these efforts, the choppy retail real estate environment is likely to limit the growth momentum to some extent. The company has substantial exposure to single-tenant assets which raises its risks associated with tenant default. Moreover, generation of considerable rental revenues from assets leased to drug stores and rate hike remain concerns." (7/31/2018)
- 2. LADENBURG THALM/SH SH analysts commented, "We attribute this to a number of different factors including: 1.) the recent surge in the 10-year U.S. Treasury yield; 2.) continued concerns over the U.S. being over-retailed; 3.) Amazon’s (AMZN-$1,110.85; Not Rated) potential entrance into the pharmacy space, which represents 10.8% of O’s rents; and 4.) slower than expected acquisition volume. That said, the bulk of O’s underperformance vs. the RMS this year has come in the last ~35 trading days as the 10-year U.S. Treasury yield has spiked nearly 40bps trough-to-peak." (10/26/2017)
- 3. FBR & Co analysts commented, "After a relatively quiet few months of retail headlines, Realty Income put up another steady quarter of results. The company reported 3Q17 FFO in line with the Street, but beat by a penny on AFFO of $0.77. The company also raised $444 million of common equity through ATM sales, solidifying much of its equity financing needs for the rest of the year to hit its $1.5 billion acquisitions guidance, which it reiterated. Acquisitions were seasonally light this quarter as expected at $265 million, which sets the company up for a big 4Q of acquisitions (we think they hit their guide). 100% of acquisitions this quarter were retail at a 7% cap rate, one of the highest in recent memory (half of the acquisitions volume was theatres which carry higher cap rates). On the asset management side, the company increased its FY17 disposition guidance for what we assume to be more opportunistic dispositions late in the year. The company re-leased 79 properties at a recapture rate of nearly 104%, the fifth consecutive quarter over 100%, while portfolio WALT remained at 9.6 years." (10/26/2017)
Who are some of Realty Income's key competitors?
Some companies that are related to Realty Income include American Tower (AMT), Simon Property Group (SPG), CROWN CASTLE In/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Weyerhaeuser (WY), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR) and Boston Properties (BXP).
Who are Realty Income's key executives?
Realty Income's management team includes the folowing people:
- Mr. John P. Case, CEO & Director (Age 54)
- Mr. Sumit Roy, Pres & COO (Age 48)
- Mr. Paul M. Meurer, Exec. VP, CFO & Treasurer (Age 52)
- Mr. Michael R. Pfeiffer, Exec. VP, Gen. Counsel & Sec. (Age 57)
- Mr. Neil M. Abraham, Exec. VP & Chief Strategy Officer (Age 46)
Has Realty Income been receiving favorable news coverage?
News stories about O stock have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Realty Income earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news coverage about the real estate investment trust an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Realty Income.
Who are Realty Income's major shareholders?
Realty Income's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.45%), Northern Trust Corp (1.77%), Dimensional Fund Advisors LP (1.44%), Bank of America Corp DE (1.04%), Wells Fargo & Company MN (0.96%) and Bank of New York Mellon Corp (0.84%). Company insiders that own Realty Income stock include A Larry Chapman, Benjamin N Fox, Gregory Mclaughlin, Joel Tomlinson, John Case, Kathleen Allen, Michael R Pfeiffer, Paul M Meurer, Priya Cherian Huskins, Robert Israel and Sumit Roy. View Institutional Ownership Trends for Realty Income.
Which institutional investors are selling Realty Income stock?
O stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Morningstar Investment Services LLC, Schwab Charles Investment Management Inc., Sei Investments Co., Northern Trust Corp, Barings LLC, Legal & General Group Plc and United Services Automobile Association. Company insiders that have sold Realty Income company stock in the last year include A Larry Chapman, Benjamin N Fox, Gregory Mclaughlin, Joel Tomlinson, John Case, Kathleen Allen, Michael R Pfeiffer, Paul M Meurer and Sumit Roy. View Insider Buying and Selling for Realty Income.
Which institutional investors are buying Realty Income stock?
O stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Mainstay Capital Management LLC ADV, Daiwa Securities Group Inc., Millennium Management LLC, Nan Shan Life Insurance Co. Ltd., Envestnet Asset Management Inc., Morgan Stanley and California Public Employees Retirement System. View Insider Buying and Selling for Realty Income.
How do I buy shares of Realty Income?
Shares of O can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Realty Income's stock price today?
One share of O stock can currently be purchased for approximately $57.10.
How big of a company is Realty Income?
Realty Income has a market capitalization of $16.68 billion and generates $1.22 billion in revenue each year. The real estate investment trust earns $318.79 million in net income (profit) each year or $3.06 on an earnings per share basis. Realty Income employs 152 workers across the globe.
How can I contact Realty Income?
Realty Income's mailing address is 11995 EL CAMINO REAL, SAN DIEGO CA, 92130. The real estate investment trust can be reached via phone at 858-284-5000 or via email at [email protected]
MarketBeat Community Rating for Realty Income (NYSE O)
| Community Ranking: | | 2.4 out of 5 ( ) |
| Outperform Votes: | | 318 (Thanks for Voting!) |
| Underperform Votes: | | 344 (Thanks for Voting!) |
| Total Votes: | | 662 |
