Analysts at Huntington Sec started coverage on shares of Realty Income (NYSE:O – Get Free Report) in a research report issued to clients and investors on Monday, Zacks reports. The firm set a “strong-buy” rating on the real estate investment trust’s stock.
Other research analysts have also issued reports about the stock. Barclays cut their target price on shares of Realty Income from $65.00 to $61.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 20th. Huntington initiated coverage on Realty Income in a research note on Wednesday, July 15th. They set an “outperform” rating and a $70.00 price target for the company. Scotiabank lowered Realty Income from a “sector outperform” rating to a “sector perform” rating and dropped their price target for the stock from $67.00 to $59.00 in a research note on Wednesday, September 23rd. Robert W. Baird upped their price objective on Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a report on Monday, July 6th. Finally, Weiss Ratings lowered Realty Income from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.81.
Realty Income Trading Down 0.1%
Shares of Realty Income stock opened at $57.53 on Monday. Realty Income has a 1 year low of $53.15 and a 1 year high of $67.93. The firm has a market cap of $54.44 billion, a PE ratio of 39.68, a PEG ratio of 4.50 and a beta of 0.65. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88. The company has a 50 day simple moving average of $57.29 and a two-hundred day simple moving average of $61.58.
Realty Income (NYSE:O – Get Free Report) last released its quarterly earnings results on Monday, November 2nd. The real estate investment trust reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. The business had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Realty Income had a net margin of 21.85% and a return on equity of 3.30%. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.08 EPS. Analysts expect that Realty Income will post 4.45 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Realty Income
Several institutional investors have recently bought and sold shares of the stock. Dunhill Financial LLC purchased a new stake in shares of Realty Income during the 2nd quarter valued at about $27,000. Fiduciary Financial Advisors purchased a new position in shares of Realty Income during the second quarter valued at approximately $36,000. Meramec Financial Planners LLC bought a new position in Realty Income during the second quarter valued at approximately $44,000. Meeder Asset Management Inc. bought a new position in Realty Income during the second quarter valued at approximately $42,000. Finally, Bell Investment Advisors Inc bought a new stake in Realty Income in the 2nd quarter worth approximately $47,000. 70.81% of the stock is currently owned by hedge funds and other institutional investors.
Realty Income News Roundup
Here are the key news stories impacting Realty Income this week:
- Positive Sentiment: Third-quarter adjusted funds from operations (AFFO) was $1.12 per share, up 3.7% year over year and ahead of the $1.11 consensus estimate. Revenue increased 10.3% to $1.62 billion, also topping expectations. Zacks Q3 results
- Positive Sentiment: Management raised 2026 AFFO guidance to $4.45–$4.46 per share and is targeting $10 billion in investments this year. The company invested $2.6 billion in the quarter at a 6.8% initial yield; European investments reached $940 million at a 7.1% cash yield. Investment target and guidance
- Positive Sentiment: Realty Income raised its monthly dividend again and has now made 676 consecutive monthly payments. Its dividend payout was about 73% of AFFO, offering evidence of coverage from operating cash flow. Dividend and cash-flow coverage
- Positive Sentiment: Royal Bank of Canada raised its price target to $61 and maintained an “outperform” rating; Wall Street brokerages collectively now rate the shares “Moderate Buy.” RBC analyst action
- Negative Sentiment: Despite portfolio expansion and high occupancy, AFFO per share growth was only 3.7%. That modest pace helps explain why strong quarterly results may not be enough to drive a stronger market reaction. Growth limitations
- Negative Sentiment: Higher U.S. borrowing costs remain a headwind: they can raise funding expenses and make it harder for Realty Income to invest at spreads that support attractive growth. Funding flexibility and borrowing costs
About Realty Income
Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily invests in single-tenant properties that are leased to businesses under long-term, net lease agreements, under which tenants generally are responsible for property taxes, insurance and maintenance.
Its portfolio includes retail, grocery, convenience store, industrial, distribution and other commercial properties. Realty Income serves a broad range of tenants and seeks to generate recurring rental income through long-term leases.
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