Realty Income - O Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Realty Income in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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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9 analysts have issued twelve-month price targets for Realty Income's shares. Their O share price forecasts range from $66.00 to $78.00. On average, they expect the company's share price to reach $71.89 in the next year. This suggests a possible upside of 13.5% from the stock's current price.
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Realty Income's stock was trading at $63.43 at the start of the year. Since then, O stock has decreased by 0.2% and is now trading at $63.32.
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Realty Income saw a increase in short interest in March. As of March 15th, there was short interest totaling 16,560,000 shares, an increase of 25.5% from the February 28th total of 13,190,000 shares. Based on an average trading volume of 3,550,000 shares, the days-to-cover ratio is presently 4.7 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our O earnings forecast.

Realty Income Co. (NYSE:O) released its quarterly earnings data on Tuesday, February, 21st. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.98 by $0.62. The real estate investment trust earned $888.65 million during the quarter, compared to the consensus estimate of $840.57 million. Realty Income had a trailing twelve-month return on equity of 3.14% and a net margin of 26.00%. Realty Income's quarterly revenue was up 29.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.94 earnings per share.
Read the conference call transcript.

Realty Income announced a mar 23 dividend on Tuesday, March 14th. Stockholders of record on Monday, April 3rd will be given a dividend of $0.255 per share on Friday, April 14th. This represents a dividend yield of 4.8%. The ex-dividend date is Friday, March 31st. This is an increase from the stock's previous mar 23 dividend of $0.25.
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), Real Estate Select Sector SPDR Fund (XLRE), SPDR Dow Jones REIT ETF (RWR), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and iShares Core U.S. REIT ETF (USRT).

Realty Income (NYSE:O) pays an annual dividend of $3.05 per share and currently has a dividend yield of 5.00%. 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 214.79%. 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 71.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for O.

Realty Income updated its FY 2023 earnings guidance on Tuesday, February, 21st. The company provided earnings per share guidance of $3.93-$4.03 for the period, compared to the consensus estimate of $4.09. 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."

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 $63.32.

Realty Income (NYSE:O) has a market capitalization of $41.82 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 $1.42 on an earnings per share basis.

The company employs 367 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.