Realty Income (O) Stock Price, News & Analysis

Company Overview

Realty Income Corporation is a real estate investment trust (REIT) specializing in the acquisition and management of freestanding, single-tenant commercial properties under long-term net leases. The company’s business model focuses on generating predictable, stable cash flows through contractual rent payments, with minimal landlord responsibilities. Realty Income’s strategy emphasizes high-quality tenants operating in essential business sectors such as retail, industrial, office, and health care.

Since its founding in 1969 by William E. Clark and subsequent public listing in 1994, Realty Income has pursued a disciplined investment approach that prioritizes creditworthy lessees and properties in prime locations. The company’s portfolio features a diversified mix of assets leased to tenants on net leases, where the tenant assumes most property-related expenses. This structure has supported Realty Income’s reputation for delivering reliable monthly dividends to shareholders.

Realty Income’s investment activities encompass property sourcing, due diligence, financing, and asset management. The company leverages an internal platform to underwrite acquisitions, negotiate lease terms, and monitor tenant performance. Its portfolio spans thousands of locations across the United States and Europe, with significant exposure to essential services providers including convenience stores, drugstores, supermarkets, home improvement outlets, logistics facilities, and specialized industrial properties.

Headquartered in San Diego, California, Realty Income is led by President and Chief Executive Officer Sumit Roy, supported by a seasoned management team overseeing capital allocation, portfolio strategy, and property operations. The company’s geographic footprint extends beyond the U.S. into the United Kingdom, Spain, the Netherlands, and Germany, reflecting its commitment to global diversification and growth. Through disciplined leasing and active portfolio management, Realty Income aims to maintain its long-standing track record of stable cash returns and sustainable dividend growth.

Key Stats

• Today's Range: $57.91 to $58.44
• 50-Day Range: $54.60 to $58.66
• 52-Week Range: $50.71 to $64.88
• Volume: 1.04 million shs
• Average Volume: 5.27 million shs
• Market Capitalization: $52.31 billion
• P/E Ratio: 52.66
• Dividend Yield: 5.58%
• Price Target: $61.15
• Consensus Rating: Hold

Realty Income Stock Analysis - MarketRank™

Realty Income scored higher than 67% of companies evaluated by MarketBeat, and ranked 456th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Realty Income has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 4 buy ratings, 10 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Realty Income has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 3.10%

Earnings Growth

Earnings for Realty Income are expected to grow by 3.10% in the coming year, from $4.19 to $4.32 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Realty Income is 53.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Realty Income is 53.32, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.29.

Price to Earnings Growth Ratio

Realty Income has a PEG Ratio of 4.00. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Realty Income has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.35% of the float of Realty Income has been sold short.

Short Interest Ratio / Days to Cover

Realty Income has a short interest ratio ("days to cover") of 5.3.

Change versus previous month

Short interest in Realty Income has recently increased by 27.34%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Realty Income is a leading dividend payer. It pays a dividend yield of 5.65%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Realty Income has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Realty Income is 293.64%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Realty Income will have a dividend payout ratio of 74.77% next year. This indicates that Realty Income will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.7 / 5
• Environmental Score: -2.05

Percentage of Shares Shorted

3.35% of the float of Realty Income has been sold short.

Short Interest Ratio / Days to Cover

Realty Income has a short interest ratio ("days to cover") of 5.3.

Change versus previous month

Short interest in Realty Income has recently increased by 27.34%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.09

News Sentiment

Realty Income has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 32 news articles for Realty Income this week, compared to 35 articles on an average week.

Search Interest

Only 132 people have searched for O on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.

MarketBeat Follows

65 people have added Realty Income to their MarketBeat watchlist in the last 30 days. This is an increase of 132% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Realty Income insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.10% of the stock of Realty Income is held by insiders.

Percentage Held by Institutions

70.81% of the stock of Realty Income is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

O Stock Analysis - Frequently Asked Questions

How have O shares performed this year?

Realty Income's stock was trading at $53.41 at the beginning of the year. Since then, O shares have increased by 9.8% and is now trading at $58.6560.

How were Realty Income's earnings last quarter?

Realty Income Corporation (NYSE:O) released its earnings results on Monday, May, 5th. The real estate investment trust reported $1.06 earnings per share for the quarter, meeting the consensus estimate of $1.06. The firm's revenue was up 9.5% compared to the same quarter last year.
Read the conference call transcript.

Who are Realty Income's major shareholders?

Realty Income's top institutional investors include IFM Investors Pty Ltd (0.03%), Sumitomo Mitsui DS Asset Management Company Ltd (0.03%), Wealth Enhancement Advisory Services LLC (0.03%) and Czech National Bank (0.02%). Insiders that own company stock include Mary Hogan Preusse and A Larry Chapman.
View institutional ownership trends.

How do I buy shares of Realty Income?

Shares of O stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Realty Income own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Realty Income investors own include AbbVie (ABBV), AT&T (T), Altria Group (MO), Enterprise Products Partners (EPD), Verizon Communications (VZ), Meta Platforms (META) and Johnson & Johnson (JNJ).

Company Calendar

• Last Earnings: 5/05/2025
• Record date for 7/15 Dividend: 7/01/2025
• Ex-Dividend for 7/15 Dividend: 7/01/2025
• Today: 7/15/2025
• Dividend Payable: 7/15/2025
• Record date for 8/15 Dividend: 8/01/2025
• Ex-Dividend for 8/15 Dividend: 8/01/2025
• Next Earnings (Estimated): 8/06/2025
• Dividend Payable: 8/15/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - RETAIL
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:O
• CIK: 726728
• Web: www.realtyincome.com
• Phone: (858) 284-5000
• Fax: 760-741-2235
• Employees: 400
• Year Founded: 1969

Price Target and Rating

• Average Price Target for Realty Income: $61.15
• High Price Target: $68.00
• Low Price Target: $58.00
• Potential Upside/Downside: +4.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.29
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.10
• Trailing P/E Ratio: 53.32
• Forward P/E Ratio: 14.00
• P/E Growth: 4
• Net Income: $860.77 million
• Net Margins: 18.15%
• Pretax Margin: 19.51%
• Return on Equity: 2.51%
• Return on Assets: 1.42%

Debt

• Debt-to-Equity Ratio: 0.69
• Current Ratio: 1.74
• Quick Ratio: 1.74

Sales & Book Value

• Annual Sales: $5.27 billion
• Price / Sales: 10.05
• Cash Flow: $3.91 per share
• Price / Cash Flow: 15.00
• Book Value: $44.62 per share
• Price / Book: 1.31

Miscellaneous

• Outstanding Shares: 903,080,000
• Free Float: 902,177,000
• Market Cap: $52.97 billion
• Optionable: Optionable
• Beta: 0.75