Realty Income (NYSE:O) Hits New 12-Month Low – Should You Sell?

Realty Income Corporation (NYSE:O)’s stock price reached a new 52-week low during trading on Wednesday. The company traded as low as $53.32 and last traded at $53.3470, with a volume of 6469462 shares. The stock had previously closed at $54.25.

More Realty Income News

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

• Positive Sentiment: Realty Income’s diversified net-lease portfolio, 98.8% occupancy rate and 8.6-year weighted-average lease term help reduce tenant and cash-flow risk. Rent recapture of 102.7% also supports internal rental growth. Realty Income Strengthens Portfolio Resilience: Can It Protect Cash Flows?
• Positive Sentiment: The company is heading into its November 2 earnings release with raised full-year guidance. Analysts expect modest year-over-year growth in earnings and revenue, which could provide a near-term catalyst if results meet or exceed expectations. Realty Income stock heads toward November earnings with raised guidance
• Positive Sentiment: Income-focused analysts continue to favor Realty Income for its monthly dividend, approximately 6% yield and long record of dividend increases. One analyst sees substantial upside for patient investors if the rate-driven selloff reverses. Realty Income: Why I’m Back Buying At A 6% Yield
• Neutral Sentiment: Realty Income has been highlighted alongside Simon Property Group and Tanger Factory Outlet Centers as a retail REIT worth considering despite elevated rates, limited property supply and resilient tenant demand. 3 Retail REITs to Consider Despite Higher Rates and Industry Headwinds
• Negative Sentiment: Rising Treasury yields have pressured Realty Income more than some peers, while the stock has declined about 11% over the past month and 14% over 90 days. Higher borrowing costs and competition from bonds remain the main reasons for the weak recent performance. Realty Income Fell 10% Over 12 Months: A Respected Analyst Predicts 40% Gains for Investors From Today

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on O. Evercore set a $65.00 price objective on shares of Realty Income in a research report on Monday, September 21st. UBS Group set a $67.00 price objective on Realty Income in a research note on Thursday, June 18th. Wells Fargo & Company decreased their price objective on Realty Income from $65.00 to $64.00 and set an “equal weight” rating for the company in a report on Tuesday, September 1st. Huntington assumed coverage on Realty Income in a research report on Wednesday, July 15th. They set an “outperform” rating and a $70.00 target price on the stock. Finally, Scotiabank cut Realty Income from a “sector outperform” rating to a “sector perform” rating and cut their target price for the stock from $67.00 to $59.00 in a report on Wednesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $65.46.

Realty Income Price Performance

The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. The business has a fifty day simple moving average of $59.61 and a 200 day simple moving average of $61.58. The stock has a market capitalization of $51.25 billion, a P/E ratio of 39.54, a price-to-earnings-growth ratio of 4.19 and a beta of 0.69.

Realty Income (NYSE:O) last posted its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter last year, the company earned $1.05 earnings per share. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, analysts expect that Realty Income Corporation will post 4.42 earnings per share for the current year.

Realty Income Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.2715 dividend. This represents a $3.26 annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Wednesday, September 30th. This is a positive change from Realty Income’s previous monthly dividend of $0.2710. Realty Income’s dividend payout ratio (DPR) is currently 237.96%.

Institutional Trading of Realty Income

Several institutional investors and hedge funds have recently made changes to their positions in O. BlackRock Inc. purchased a new stake in Realty Income in the 2nd quarter valued at about $6,997,219,000. Legal & General Group Plc purchased a new stake in shares of Realty Income during the second quarter valued at approximately $643,334,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Realty Income by 22,051.4% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,354,693 shares of the real estate investment trust’s stock valued at $641,577,000 after acquiring an additional 10,307,948 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Realty Income during the second quarter worth $340,180,000. Finally, Hsbc Holdings PLC bought a new stake in Realty Income during the second quarter worth $319,222,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Company Profile

Realty Income Corporation is a real estate investment trust (REIT) that acquires, owns, and manages commercial properties leased to businesses under long-term agreements. The company is widely known as “The Monthly Dividend Company” for its focus on providing regular monthly dividend payments to shareholders.

Most of Realty Income’s properties are operated under single-tenant, triple-net lease arrangements. Under these agreements, tenants generally are responsible for property taxes, insurance, and maintenance expenses, while Realty Income collects contractual rent.