Realty Income Corporation (NYSE:O – Get Free Report) has earned a consensus recommendation of “Hold” from the fifteen analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $67.3462.
Several equities analysts have weighed in on O shares. Evercore reissued a “positive” rating on shares of Realty Income in a research report on Wednesday, February 25th. Wall Street Zen raised Realty Income from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Stifel Nicolaus raised their price target on Realty Income from $67.75 to $70.50 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Mizuho dropped their price target on Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. Finally, Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th.
Check Out Our Latest Stock Analysis on Realty Income
Realty Income Stock Performance
Realty Income (NYSE:O – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.03. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.Realty Income’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Sell-side analysts forecast that Realty Income will post 4.45 earnings per share for the current fiscal year.
Realty Income Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a dividend of $0.2705 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a c) annualized dividend and a yield of 5.3%. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.
Realty Income News Roundup
Here are the key news stories impacting Realty Income this week:
- Positive Sentiment: Realty Income reported stronger-than-expected Q1 results, with AFFO per share rising 6.6% and revenue/investment activity supporting the outlook. Management also raised full-year investment guidance after deploying about $2.8 billion at a 7.1% yield, which points to healthy acquisition spread and continued growth. Article Title
- Positive Sentiment: The company reaffirmed its monthly dividend and declared its 671st consecutive payout of $0.2705 per share, reinforcing the appeal of Realty Income as an income stock with a long record of shareholder returns. Article Title
- Positive Sentiment: Realty Income also expanded its private capital platform, raising $1.7 billion of cornerstone capital for its U.S. Core Plus fund and adding new institutional partnerships. That broader capital base could improve deal flow and support growth over time. Article Title
- Neutral Sentiment: Analyst commentary remains mixed: one note argues the Q1 improvement and raised guidance are encouraging, but that growth is still modest, keeping the stock in a “buy vs. hold” debate rather than a clear breakout story. Article Title
- Negative Sentiment: Separate coverage noted that one analyst cut the price target to $66, suggesting some Wall Street skepticism about near-term upside despite the dividend strength and operational progress. Article Title
Insiders Place Their Bets
In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the transaction, the insider owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. This trade represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.10% of the company’s stock.
Hedge Funds Weigh In On Realty Income
Several hedge funds have recently bought and sold shares of the stock. Quantinno Capital Management LP increased its position in Realty Income by 27.4% during the first quarter. Quantinno Capital Management LP now owns 316,048 shares of the real estate investment trust’s stock worth $19,336,000 after buying an additional 67,954 shares in the last quarter. Bradley Foster & Sargent Inc. CT grew its position in shares of Realty Income by 4.3% in the first quarter. Bradley Foster & Sargent Inc. CT now owns 302,145 shares of the real estate investment trust’s stock valued at $18,485,000 after purchasing an additional 12,463 shares during the period. Waverly Advisors LLC grew its position in shares of Realty Income by 10.1% in the first quarter. Waverly Advisors LLC now owns 45,114 shares of the real estate investment trust’s stock valued at $2,760,000 after purchasing an additional 4,133 shares during the period. Bridgewater Advisors Inc. grew its position in shares of Realty Income by 4.2% in the first quarter. Bridgewater Advisors Inc. now owns 6,509 shares of the real estate investment trust’s stock valued at $400,000 after purchasing an additional 265 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of Realty Income by 58.9% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 57,778 shares of the real estate investment trust’s stock valued at $3,535,000 after purchasing an additional 21,413 shares during the period. Hedge funds and other institutional investors own 70.81% of the company’s stock.
Realty Income Company Profile
Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.
Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.
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