Realty Income (NYSE:O) Announces FY 2026 Earnings Guidance

Realty Income (NYSE:O) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 4.450-4.460 for the period, compared to the consensus earnings per share estimate of 4.450.

Realty Income Stock Up 1.2%

O opened at $57.61 on Tuesday. The business has a 50 day moving average price of $57.40 and a 200 day moving average price of $61.59. Realty Income has a twelve month low of $53.15 and a twelve month high of $67.93. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88. The firm has a market cap of $54.51 billion, a P/E ratio of 42.05, a price-to-earnings-growth ratio of 4.39 and a beta of 0.69.

Realty Income (NYSE:O) last issued its quarterly earnings results on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.02. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.43 billion. Realty Income had a return on equity of 3.12% and a net margin of 20.93%. The firm’s revenue was up 10.3% compared to the same quarter last year. During the same period last year, the business posted $1.08 earnings per share. Research analysts forecast that Realty Income will post 4.45 EPS for the current year.

Realty Income Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be issued a $0.2715 dividend. This represents a $3.26 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Friday, October 30th. Realty Income’s payout ratio is 237.96%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on O shares. Stifel Nicolaus set a $63.75 target price on shares of Realty Income in a research note on Friday, October 9th. Wells Fargo & Company dropped their target price on shares of Realty Income from $64.00 to $59.00 and set an “equal weight” rating for the company in a research report on Monday, October 19th. Weiss Ratings downgraded shares of Realty Income from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Mizuho set a $187.00 price target on shares of Realty Income in a research report on Monday, October 19th. Finally, Scotiabank lowered shares of Realty Income from a “sector outperform” rating to a “sector perform” rating and reduced their price target for the company from $67.00 to $59.00 in a research report on Wednesday, September 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Realty Income currently has a consensus rating of “Moderate Buy” and an average price target of $72.34.

More Realty Income News

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

• Positive Sentiment: Realty Income reported third-quarter revenue of $1.62 billion, up 10.3% year over year and ahead of the roughly $1.43 billion consensus estimate. Funds from operations (FFO) came in at $1.12 per share, compared with $1.08 a year earlier and slightly above estimates. Realty Income Tops Q3 FFO and Revenue Estimates
• Positive Sentiment: Adjusted funds from operations (AFFO) per share rose 3.7% year over year, and management raised its full-year AFFO guidance again. The outlook supports expectations for continued dividend coverage and steady earnings growth. Realty Income Q3 2026 Earnings Call Transcript
• Positive Sentiment: Occupancy and rents edged higher, reinforcing the stability of Realty Income’s net-lease portfolio. The company also continues to target investment growth and is expanding its private-capital platform in Europe through a KKR joint venture backed by an initial €528 million, potentially adding fee and rental income. Does Earnings Beat Change the Bull Case for Realty Income Stock
• Neutral Sentiment: The quarterly $1.12 per-share figure was widely described as FFO or adjusted profitability, making it more relevant for REIT investors than GAAP earnings. However, coverage characterized GAAP EPS as missing expectations, highlighting the difference between statutory earnings and cash-flow-based REIT metrics. Realty Income Q3 2026 Revenue Surges but GAAP EPS Misses
• Negative Sentiment: Higher interest rates remain a risk because they raise Realty Income’s financing costs, pressure property valuations and make the company’s dividend yield relatively less attractive versus bonds. A recent rate spike is also encouraging more selective, slower-paced growth. Rate Spike Is Reshaping Realty Income’s Growth

Realty Income Company Profile

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.