Headlines about Realty Income (NYSE:O) have been trending somewhat positive on Sunday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Realty Income earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 47.5000878848767 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
- Impact of the Tax Cuts and Jobs Act on the Real Estate Industry (jdsupra.com)
- Realty Income (O) Given a $56.00 Price Target by B. Riley Analysts (americanbankingnews.com)
- Realty Income Corp (O) Shares Sold by Suntrust Banks Inc. (americanbankingnews.com)
- Realty Income Corp (O) Shares Bought by Norinchukin Bank The (americanbankingnews.com)
- Ontario Teachers Pension Plan Board Increases Stake in Realty Income Corp (O) (americanbankingnews.com)
Several analysts have issued reports on O shares. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Realty Income in a research report on Wednesday, November 1st. Stifel Nicolaus reaffirmed a “buy” rating and issued a $65.00 price objective on shares of Realty Income in a research report on Wednesday, November 1st. B. Riley reaffirmed a “neutral” rating on shares of Realty Income in a research report on Wednesday, November 1st. Vetr downgraded shares of Realty Income from a “buy” rating to a “hold” rating and set a $58.60 price objective for the company. in a research report on Monday, November 13th. Finally, Citigroup raised shares of Realty Income to a “market perform” rating in a research report on Wednesday, December 20th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $63.37.
Realty Income (NYSE:O) last issued its quarterly earnings data on Wednesday, February 21st. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.44. Realty Income had a net margin of 26.22% and a return on equity of 5.11%. The company had revenue of $298.90 million during the quarter, compared to the consensus estimate of $301.53 million. During the same quarter last year, the company earned $0.33 earnings per share. Realty Income’s revenue for the quarter was up 8.6% on a year-over-year basis. equities research analysts anticipate that Realty Income will post 3.16 EPS for the current year.
The business also recently declared a mar 18 dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be given a dividend of $0.219 per share. This represents a dividend yield of 5.32%. The ex-dividend date of this dividend is Wednesday, February 28th. Realty Income’s payout ratio is currently 239.09%.
ILLEGAL ACTIVITY WARNING: “Realty Income (O) Earning Somewhat Favorable Press Coverage, Analysis Shows” was first posted by Ticker Report and is the property of of Ticker Report. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://www.tickerreport.com/banking-finance/3222099/realty-income-o-earning-somewhat-favorable-press-coverage-analysis-shows.html.
Realty Income Company Profile
Realty Income Corporation is a real estate investment trust (REIT). The Company is engaged in in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology and capital markets capabilities. As of December 31, 2016, the Company owned a diversified portfolio of 4,944 properties located in 49 states and Puerto Rico, with over 83.0 million square feet of leasable space leased to 248 different commercial tenants doing business in 47 separate industries.
Receive News & Ratings for Realty Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Realty Income and related companies with MarketBeat.com's FREE daily email newsletter.