Realty Income (NYSE:O) Shares Down 1.1% – Time to Sell?

Realty Income Corporation (NYSE:OGet Free Report) fell 1.1% during trading on Monday . The company traded as low as $62.86 and last traded at $63.16. 4,729,905 shares traded hands during trading, a decline of 25% from the average session volume of 6,272,271 shares. The stock had previously closed at $63.84.

Realty Income News Roundup

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

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on O shares. UBS Group set a $67.00 price objective on shares of Realty Income in a research report on Thursday, June 18th. Stifel Nicolaus set a $70.75 price target on shares of Realty Income in a research note on Tuesday, June 30th. Scotiabank reduced their price objective on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Barclays increased their price target on shares of Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada boosted their price objective on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $66.65.

View Our Latest Report on Realty Income

Realty Income Trading Down 1.2%

The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. The firm’s 50 day moving average is $61.99 and its two-hundred day moving average is $62.03. The stock has a market cap of $58.97 billion, a price-to-earnings ratio of 51.84, a price-to-earnings-growth ratio of 4.93 and a beta of 0.72.

Realty Income (NYSE:OGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the firm posted $1.06 EPS. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities analysts anticipate that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be given a dividend of $0.271 per share. The ex-dividend date is Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 5.1%. Realty Income’s dividend payout ratio is currently 266.39%.

Institutional Investors Weigh In On Realty Income

A number of hedge funds have recently made changes to their positions in O. Vanguard Group Inc. boosted its stake in Realty Income by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock valued at $8,478,910,000 after buying an additional 684,949 shares in the last quarter. Pensionfund PDN bought a new stake in Realty Income during the fourth quarter worth approximately $7,434,000. Danske Bank A S grew its position in Realty Income by 20.3% in the fourth quarter. Danske Bank A S now owns 568,121 shares of the real estate investment trust’s stock worth $32,025,000 after buying an additional 95,773 shares during the last quarter. LDR Capital Management LLC increased its holdings in shares of Realty Income by 117.6% in the fourth quarter. LDR Capital Management LLC now owns 29,285 shares of the real estate investment trust’s stock valued at $1,651,000 after buying an additional 15,825 shares in the last quarter. Finally, E. Ohman J or Asset Management AB acquired a new stake in shares of Realty Income during the 4th quarter valued at $1,766,000. Institutional investors own 70.81% of the company’s stock.

Realty Income Company Profile

(Get Free Report)

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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