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Realty Income (O) Stock Forecast & Price Target

Realty Income logo
$55.50 +0.09 (+0.17%)
Closing price 03:59 PM Eastern
Extended Trading
$55.71 +0.21 (+0.37%)
As of 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Realty Income - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
1
Hold
8
Buy
8

Based on 17 Wall Street analysts who have issued ratings for Realty Income in the last 12 months, the stock has a consensus rating of "Hold." Out of the 17 analysts, 1 has given a sell rating, 8 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for O.

Consensus Price Target

$66.23
19.33% Upside
According to the 17 analysts' twelve-month price targets for Realty Income, the average price target is $66.23. The highest price target for O is $70.75, while the lowest price target for O is $59.00. The average price target represents a forecasted upside of 19.33% from the current price of $55.50.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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O Analyst Ratings Over Time

TypeCurrent Forecast
9/25/25 to 9/25/26
1 Month Ago
8/26/25 to 8/26/26
3 Months Ago
6/27/25 to 6/27/26
1 Year Ago
9/25/24 to 9/25/25
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
8 Buy rating(s)
6 Buy rating(s)
3 Buy rating(s)
Hold
8 Hold rating(s)
7 Hold rating(s)
8 Hold rating(s)
9 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$66.23$67.42$66.75$62.36
Forecasted Upside19.33% Upside8.24% Upside5.67% Upside4.33% Upside
Consensus RatingHoldModerate BuyHoldHold

O Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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O Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Realty Income Stock vs. The Competition

TypeRealty IncomeReal Estate CompaniesBroader Market
Consensus Rating Score
2.47
2.30
2.53
Consensus RatingHoldHoldModerate Buy
Predicted Upside19.77% Upside48.74% Upside19.49% Upside
News Sentiment Rating
Neutral News

See Recent O News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/23/2026
Scotiabank logo
Scotiabank
4 of 5 stars
Nicholas Yulico
Nicholas Yulico
3 of 5 stars
DowngradeSector Outperform ➝ Sector Perform$67.00 ➝ $59.00+4.47%
9/21/2026
Evercore Inc logo
Evercore
3 of 5 stars
 Set Target$65.00+13.98%
9/18/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 DowngradeBuy (B) ➝ Buy (B-)
9/17/2026Lower TargetNeutral$66.00 ➝ $61.00+6.21%
9/4/2026Lower TargetEqual Weight$67.00 ➝ $65.00+5.33%
9/1/2026Lower TargetEqual Weight$65.00 ➝ $64.00+4.30%
8/7/2026Lower TargetOutperform$71.00 ➝ $70.00+11.97%
7/15/2026 Initiated CoverageOutperform$70.00+9.60%
7/6/2026Boost TargetNeutral$64.00 ➝ $65.00+1.94%
6/30/2026 Set Target$70.75+12.30%
6/18/2026 Set Target$67.00+10.50%
6/1/2026Initiated CoverageBuy$75.00 ➝ $69.00+12.55%
5/11/2026 UpgradeHold ➝ Strong-Buy
4/27/2026 Set Target$67.00+5.92%
3/2/2026Set Target$69.00+2.36%
2/27/2026Boost TargetNeutral$60.00 ➝ $68.00+1.17%
1/20/2026UpgradeHold ➝ Buy$69.00+12.32%
12/18/2025Reiterated RatingNeutral ➝ Underweight$61.00+5.60%
7/14/2025DowngradeOutperform ➝ Peer Perform
5/7/2025Reiterated RatingNeutral$61.00 ➝ $61.00+6.85%
2/25/2025DowngradeOutperform ➝ Neutral$61.00+6.50%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:57 PM ET.


Should I Buy Realty Income Stock? O Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 22, 2026. Please send any questions or comments about these Realty Income pros and cons to contact@marketbeat.com.

Realty Income
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Realty Income Co.:

  • Realty Income Co. recently announced a European property venture where capital accounts advised by KKR & Co. intend to invest €528 million for a 49% interest, a deal expected to close on September 30, 2026, which provides the company with approximately €528 million in gross proceeds to support its growth strategy.
  • The company has maintained a strong track record of income growth by raising its monthly dividend to $0.2715 per share, marking its 136th dividend increase since its NYSE listing in 1994, which supports a current dividend yield of 5.74% for income-focused investors.
  • Realty Income Co. demonstrated strong financial performance in its most recent quarter by reporting revenue of $1.55 billion, which exceeded analyst estimates of $1.40 billion and represented a 9.7% year-over-year increase, indicating robust operational momentum.
  • Institutional confidence in the stock is evident as State Street Corp raised its position in Realty Income Co. by 3.4% during the second quarter, adding 2,166,180 shares to its holdings, which now total 65,929,425 shares valued at approximately $4.1 billion.
  • The stock is currently trading at $56.48, which is near its 52-week low of $55.86, potentially offering a valuation entry point for investors given that the consensus price target from analysts is significantly higher at $67.23.

Realty Income
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Realty Income Co. for these reasons:

  • Realty Income Co. has experienced a three-month decline in share price, with the stock falling from highs near $67.93 to its current level of $56.48, reflecting sustained selling pressure and a significant drop from its 52-week high.
  • Several major financial institutions have recently lowered their price targets for the stock, including Barclays dropping its target from $67.00 to $65.00 and Wells Fargo lowering its objective from $65.00 to $64.00, signaling a more cautious outlook on the company's near-term valuation.
  • The company's payout ratio is currently 237.23%, which indicates that the dividends paid to shareholders significantly exceed the earnings generated, a metric that may raise concerns about the sustainability of the dividend relative to current profit levels.
  • Short interest in the stock has increased, with shares shorted rising to 41,002,872 as of the August 31, 2026 record date, representing an 8.52% month-over-month increase and suggesting that a notable portion of the market is betting against the stock's performance.
  • Realty Income Co. faces a high valuation multiple with a P/E ratio of 41.22, which is elevated compared to many peers and may limit upside potential if earnings growth does not accelerate to justify the premium price.

O Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Realty Income is $66.23, with a high forecast of $70.75 and a low forecast of $59.00.

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Realty Income in the last twelve months. There is currently 1 sell rating, 8 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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.

According to analysts, Realty Income's stock has a predicted upside of 19.33% based on their 12-month stock forecasts.

Over the previous 90 days, Realty Income's stock had 2 upgrades and 2 downgrades by analysts.

Realty Income has been rated by research analysts at Barclays, Evercore, Huntington, Mizuho, Robert W. Baird, Royal Bank Of Canada, Scotiabank, Stifel Nicolaus, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Realty Income more than other "real estate" companies. The consensus rating score for Realty Income is 2.47 while the average consensus rating score for "real estate" companies is 2.30. Learn more on how O compares to other companies.


MarketBeat monitors more than a dozen sources for Realty Income analyst ratings, with the most recent rating issued on 9/23/2026.
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