Brokerages Set Realty Income Corporation (NYSE:O) Target Price at $67.11

Shares of Realty Income Corporation (NYSE:O) have been assigned an average recommendation of “Hold” from the seventeen research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $67.1094.

Several analysts recently issued reports on O shares. Scotiabank dropped their price objective on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Mizuho decreased their target price on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Huntington began coverage on Realty Income in a report on Wednesday, July 15th. They set an “outperform” rating and a $70.00 target price on the stock. Stifel Nicolaus set a $70.75 price target on Realty Income in a research report on Tuesday, June 30th. Finally, Robert W. Baird increased their price target on Realty Income from $64.00 to $65.00 and gave the company a “neutral” rating in a report on Monday, July 6th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of O. Vanguard Group Inc. grew its position in shares of Realty Income by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock valued at $8,478,910,000 after buying an additional 684,949 shares during the last quarter. State Street Corp lifted its position in Realty Income by 0.8% in the fourth quarter. State Street Corp now owns 63,559,987 shares of the real estate investment trust’s stock valued at $3,599,676,000 after acquiring an additional 531,095 shares during the last quarter. Geode Capital Management LLC boosted its stake in Realty Income by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 29,206,196 shares of the real estate investment trust’s stock valued at $1,655,991,000 after acquiring an additional 793,100 shares in the last quarter. Morgan Stanley boosted its stake in Realty Income by 21.6% in the fourth quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock valued at $1,031,080,000 after acquiring an additional 3,252,091 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Realty Income by 1.2% during the first quarter. Dimensional Fund Advisors LP now owns 13,018,219 shares of the real estate investment trust’s stock worth $796,457,000 after purchasing an additional 154,581 shares during the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Realty Income

Here are the key news stories impacting Realty Income this week:

• Positive Sentiment: Realty Income’s monthly dividend remains a key attraction. The company declared a $0.27-per-share cash dividend payable Aug. 14, reinforcing its appeal to income-focused investors and supporting the view that a $15,000 investment can generate recurring annual income. Realty Income Corp’s Dividend Analysis
• Positive Sentiment: Analyst commentary remains cautiously constructive. Realty Income is viewed favorably versus Simon Property Group because of its steadier cash flow, broad tenant diversification, monthly dividend and lower forward valuation. Realty Income vs. Simon Property
• Neutral Sentiment: Wall Street is focusing on estimates for second-quarter operating metrics, not just revenue and earnings. The projections could increase volatility around the Aug. 5 report, particularly if occupancy, same-store performance or funds from operations differ from expectations. Q2 Earnings Key-Metric Projections
• Neutral Sentiment: Analysts remain cautiously optimistic despite Realty Income’s year-to-date outperformance, suggesting upside expectations are tempered rather than strongly bullish. The upcoming earnings release is therefore the primary near-term catalyst. Realty Income Stock Analyst Estimates and Ratings
• Negative Sentiment: The stock declined during the latest completed session even as the broader market improved, indicating relative weakness and possible profit-taking ahead of earnings. The July 31 ex-dividend date may also create technical pressure as the share price adjusts for the $0.27 distribution. Realty Income Stock Declines While Market Improves

Realty Income Trading Down 0.7%

Realty Income stock opened at $63.97 on Monday. The stock has a 50-day moving average price of $62.75 and a 200 day moving average price of $62.95. The company has a market capitalization of $59.65 billion, a price-to-earnings ratio of 52.43, a price-to-earnings-growth ratio of 5.03 and a beta of 0.72. Realty Income has a 52 week low of $55.86 and a 52 week high of $67.93. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, beating the consensus estimate of $1.10 by $0.03. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The firm’s revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Sell-side analysts anticipate that Realty Income will post 4.45 EPS for the current year.

Realty Income Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be given a dividend of $0.271 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.

Realty Income Company Profile

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.