Realty Income Corporation (NYSE:O) Receives $64.27 Consensus Price Target from Analysts

Shares of Realty Income Corporation (NYSE:O) have been given a consensus recommendation of “Hold” by the sixteen research firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and six have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $65.1786.

O has been the subject of several recent analyst reports. Stifel Nicolaus lifted their price target on Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Freedom Capital cut Realty Income from a “strong-buy” rating to a “hold” rating in a report on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Realty Income in a research report on Monday, December 29th. Scotiabank upgraded Realty Income from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the stock from $60.00 to $67.00 in a research report on Friday, January 30th. Finally, Evercore restated a “positive” rating on shares of Realty Income in a report on Wednesday, February 25th.

Realty Income News Roundup

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

• Positive Sentiment: Analysts/market write‑ups argue Realty Income may have new growth optionality and remain a high‑quality net‑lease leader, supporting longer‑term upside if execution continues. Read More.
• Positive Sentiment: Bullish opinion pieces portray the REIT as still early in a multi‑year income/total‑return story, which can attract buy‑and‑hold dividend investors. Read More.
• Positive Sentiment: Realty Income is highlighted in retail/REIT roundups as “tariff‑proof” rent exposure and as a name to consider adding to positions, reinforcing interest from income-focused investors. Read More. and Read More.
• Neutral Sentiment: Coverage notes Realty Income’s strong operating fundamentals — ~1,700 tenants across ~90 industries and ~98.9% occupancy — which underpin stable cash flow and dividends; these facts provide downside support even amid short‑term selling. Read More.
• Negative Sentiment: Freedom Capital downgraded Realty Income from Buy/Strong‑Buy to Hold, saying upside looks limited at current levels (they nudged the price target up modestly to $69), a move that likely triggered selling by momentum/short‑term traders. Read More.

Institutional Investors Weigh In On Realty Income

Several hedge funds and other institutional investors have recently added to or reduced their stakes in O. State Street Corp boosted its stake in shares of Realty Income by 1.1% in the second quarter. State Street Corp now owns 61,732,956 shares of the real estate investment trust’s stock valued at $3,556,436,000 after purchasing an additional 676,697 shares during the period. OLD National Bancorp IN acquired a new position in shares of Realty Income in the third quarter worth $3,391,000. ProShare Advisors LLC increased its position in shares of Realty Income by 5.3% during the third quarter. ProShare Advisors LLC now owns 3,067,894 shares of the real estate investment trust’s stock worth $186,497,000 after acquiring an additional 155,677 shares during the period. Federated Hermes Inc. raised its stake in shares of Realty Income by 13.1% in the second quarter. Federated Hermes Inc. now owns 2,669,031 shares of the real estate investment trust’s stock valued at $153,763,000 after acquiring an additional 309,902 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Realty Income by 1.5% in the second quarter. Bank of New York Mellon Corp now owns 5,813,174 shares of the real estate investment trust’s stock valued at $334,897,000 after purchasing an additional 84,066 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Trading Down 1.8%

Shares of NYSE:O opened at $64.81 on Friday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.72. Realty Income has a 52-week low of $50.71 and a 52-week high of $67.93. The stock has a market cap of $60.43 billion, a price-to-earnings ratio of 55.39, a PEG ratio of 3.93 and a beta of 0.77. The business has a 50-day moving average price of $61.99 and a 200-day moving average price of $59.64.

Realty Income (NYSE:O) last released its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.08. The business had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.40 billion. Realty Income had a return on equity of 2.68% and a net margin of 18.41%.The company’s revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the business posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. Equities analysts predict that Realty Income will post 4.19 EPS for the current year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be paid a $0.27 dividend. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Friday, February 27th. Realty Income’s dividend payout ratio (DPR) is 276.92%.

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.