Wall Street brokerages expect that Realty Income Corp (NYSE:O) will report earnings per share of $0.77 for the current fiscal quarter, Zacks Investment Research reports. Six analysts have issued estimates for Realty Income’s earnings. The highest EPS estimate is $0.78 and the lowest is $0.75. Realty Income also posted earnings per share of $0.77 in the same quarter last year. The company is scheduled to report its next earnings report after the market closes on Wednesday, February 21st.

On average, analysts expect that Realty Income will report full year earnings of $2.99 per share for the current year, with EPS estimates ranging from $2.97 to $3.05. For the next financial year, analysts anticipate that the business will report earnings of $3.17 per share, with EPS estimates ranging from $3.11 to $3.23. Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover Realty Income.

O has been the subject of a number of recent research reports. Raymond James Financial raised shares of Realty Income from an “underperform” rating to a “market perform” rating in a research report on Wednesday, December 20th. Stifel Nicolaus reissued a “buy” rating and set a $65.00 price target on shares of Realty Income in a research report on Wednesday, November 1st. 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. B. Riley set a $56.00 price target on shares of Realty Income and gave the company a “hold” rating in a research report on Tuesday, January 2nd. Finally, Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Realty Income in a report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. Realty Income presently has an average rating of “Hold” and a consensus target price of $64.09.

Institutional investors have recently modified their holdings of the business. IFG Advisory LLC bought a new stake in shares of Realty Income in the fourth quarter worth approximately $323,000. San Francisco Sentry Investment Group CA grew its stake in shares of Realty Income by 500.0% in the third quarter. San Francisco Sentry Investment Group CA now owns 1,800 shares of the real estate investment trust’s stock worth $103,000 after acquiring an additional 1,500 shares during the period. Wealthcare Advisory Partners LLC bought a new stake in shares of Realty Income in the third quarter worth approximately $130,000. JFS Wealth Advisors LLC grew its stake in shares of Realty Income by 77.5% in the fourth quarter. JFS Wealth Advisors LLC now owns 2,284 shares of the real estate investment trust’s stock worth $130,000 after acquiring an additional 997 shares during the period. Finally, FNY Managed Accounts LLC bought a new stake in shares of Realty Income in the third quarter worth approximately $137,000. 70.21% of the stock is owned by institutional investors and hedge funds.

Shares of Realty Income (NYSE O) traded up $0.31 during midday trading on Thursday, reaching $48.99. 2,851,266 shares of the company were exchanged, compared to its average volume of 2,440,000. Realty Income has a one year low of $47.25 and a one year high of $63.60. The stock has a market cap of $13,800.00, a PE ratio of 0.70, a P/E/G ratio of 3.54 and a beta of 0.14. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.26 and a current ratio of 1.26.

The company also recently announced a feb 18 dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be issued a $0.219 dividend. The ex-dividend date of this dividend is Wednesday, January 31st. This is a boost from Realty Income’s previous feb 18 dividend of $0.21. This represents a yield of 0.00413675859463544%. Realty Income’s payout ratio is 3.74%.

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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.

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Earnings History and Estimates for Realty Income (NYSE:O)

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