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

Realty Income (NYSE:O) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 4.380-4.420 for the period, compared to the consensus EPS estimate of 2.740. The company issued revenue guidance of -.

Realty Income Stock Up 1.3%

NYSE O traded up $0.86 during trading on Thursday, reaching $66.85. 543,249 shares of the company’s stock were exchanged, compared to its average volume of 6,462,597. The stock has a market cap of $61.50 billion, a P/E ratio of 57.17, a price-to-earnings-growth ratio of 3.93 and a beta of 0.79. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.53 and a current ratio of 1.53. The company has a 50 day moving average price of $60.80 and a two-hundred day moving average price of $59.29. Realty Income has a 1 year low of $50.71 and a 1 year high of $67.15.

Realty Income (NYSE:O) last released its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.76). Realty Income had a net margin of 18.41% and a return on equity of 2.69%. The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter in the previous year, the company posted $1.05 EPS. The company’s revenue was up 11.0% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, equities research analysts anticipate that Realty Income will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 4.8%. Realty Income’s dividend payout ratio (DPR) is presently 300.00%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on O. Deutsche Bank Aktiengesellschaft upgraded shares of Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a research report on Tuesday, January 20th. Evercore reissued a “positive” rating on shares of Realty Income in a research report on Wednesday. Wells Fargo & Company upped their price objective on shares of Realty Income from $59.00 to $60.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. Barclays raised their price objective on Realty Income from $63.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 3rd. Finally, Cantor Fitzgerald reduced their target price on Realty Income from $64.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Six investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $64.27.

Realty Income News Roundup

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

• Positive Sentiment: Q4 operating results showed resilience — revenue rose ~11% year-over-year, AFFO/FFO came in at/near estimates, high occupancy and rent-recapture metrics were highlighted, and management outlined robust 2026 investment plans that support growth. Realty Income’s Q4 AFFO Meets Estimates, Revenues Beat & Rise Y/Y
• Positive Sentiment: Analysts raised targets and reiterated buy/outperform views — Royal Bank of Canada and Stifel increased price targets into the ~$70 area, providing upside from current levels and signaling improved analyst sentiment. Benzinga Price Target Note TickerReport Price Target Note
• Positive Sentiment: Growth capital plan — Realty Income is targeting roughly $8 billion of investments for 2026 and expanding global partnerships, which supports future income and portfolio diversification. Realty Income targets $8B in 2026 investments
• Positive Sentiment: Short interest fell materially in February (down ~18.5% month-over-month), reducing one source of bearish pressure and the potential for short-driven volatility.
• Neutral Sentiment: Dividend/income narratives persist — multiple outlets are recommending O as a high‑yield, monthly‑paying REIT for income investors; this supports steady demand from yield-focused investors but is not new fundamental news. Fool feature on Realty Income
• Neutral Sentiment: Mixed analyst stance — Morgan Stanley left a Hold rating and unchanged target at $65, reflecting views that fundamentals are solid but near-term upside may be limited. TipRanks: Morgan Stanley Hold
• Negative Sentiment: Big EPS miss — reported EPS of $0.32 vs. consensus ~$1.08, a meaningful shortfall that triggered negative headlines and investor caution despite REIT accounting nuances. MarketBeat earnings summary
• Negative Sentiment: Guidance/FFO concerns — some outlets flagged Realty Income’s 2026 FFO outlook as coming in below Wall Street estimates and cited higher property management costs and slowing demand, which weighs on near‑term valuation. Economic Times: FFO below estimates

Institutional Trading of Realty Income

A number of large investors have recently added to or reduced their stakes in O. EFG International AG acquired a new position in shares of Realty Income in the fourth quarter worth $26,000. Quattro Advisors LLC acquired a new position in shares of Realty Income in the 4th quarter valued at $29,000. IFC & Insurance Marketing Inc. acquired a new stake in Realty Income in the 4th quarter valued at $37,000. Garton & Associates Financial Advisors LLC bought a new stake in Realty Income during the fourth quarter worth about $46,000. Finally, Wiser Advisor Group LLC acquired a new stake in shares of Realty Income in the third quarter valued at $56,000. 70.81% of the stock is currently owned by institutional investors.

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.