Realty Income Corporation (NYSE:O) Stock Has Consensus Target Price of $65.46 According to Analysts

Shares of Realty Income Corporation (NYSE:O) have received a consensus recommendation of “Hold” from the eighteen ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $65.46.

A number of equities research analysts have issued reports on the company. Truist Financial began coverage on Realty Income in a research report on Thursday, October 1st. They set a “hold” rating and a $60.00 price objective on the stock. Evercore set a $65.00 target price on Realty Income in a report on Monday, September 21st. Scotiabank downgraded Realty Income from a “sector outperform” rating to a “sector perform” rating and cut their target price for the company from $67.00 to $59.00 in a research report on Wednesday, September 23rd. UBS Group set a $67.00 price target on Realty Income in a report on Thursday, June 18th. Finally, Huntington assumed coverage on Realty Income in a report on Wednesday, July 15th. They set an “outperform” rating and a $70.00 price target on the stock.

Institutional Investors Weigh In On Realty Income

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in Realty Income during the 2nd quarter worth about $6,997,219,000. State Street Corp grew its stake in Realty Income by 3.4% during the 2nd quarter. State Street Corp now owns 65,929,425 shares of the real estate investment trust’s stock valued at $4,102,484,000 after purchasing an additional 2,166,180 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Realty Income by 10.3% in the second quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust’s stock valued at $1,184,551,000 after purchasing an additional 1,785,859 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Realty Income by 1.2% in the first quarter. Dimensional Fund Advisors LP now owns 13,018,219 shares of the real estate investment trust’s stock valued at $796,457,000 after purchasing an additional 154,581 shares during the period. Finally, Legal & General Group Plc acquired a new position in shares of Realty Income in the second quarter valued at about $643,334,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Price Performance

Realty Income stock opened at $55.15 on Friday. The company has a market cap of $52.18 billion, a price-to-earnings ratio of 40.26, a PEG ratio of 4.32 and a beta of 0.69. The firm’s fifty day moving average is $58.93 and its 200 day moving average is $61.42. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. Realty Income has a 52-week low of $53.15 and a 52-week high of $67.93.

Realty Income (NYSE:O) last released its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, meeting the consensus estimate of $1.09. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same quarter last year, the business earned $1.05 earnings per share. Realty Income’s quarterly revenue was up 9.7% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Sell-side analysts forecast that Realty Income will post 4.42 EPS for the current fiscal year.

Realty Income Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.2715 per share. This represents a $3.26 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Friday, October 30th. Realty Income’s payout ratio is presently 237.23%.

Key Stories Impacting Realty Income

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

• Positive Sentiment: Realty Income declared its 676th consecutive monthly dividend of $0.2715 per share, payable November 13 to shareholders of record October 30. The annualized dividend is $3.258 per share, providing a yield of roughly 5.9%–6.1% and reinforcing the REIT’s appeal to income-focused investors. Realty Income Announces 676th Consecutive Common Stock Monthly Dividend
• Positive Sentiment: Recent dividend-stock comparisons highlight Realty Income’s long record of raising its payout for more than 31 consecutive years. Its approximately 6.1% yield is competitive with Amcor, British American Tobacco, Energy Transfer and other high-yield alternatives, supporting demand from investors seeking reliable cash flow. Realty Income vs. MPLX
• Neutral Sentiment: Analysts and financial publications continue to debate Realty Income against Healthpeak, Crown Castle, General Mills, Kraft Heinz and other high-yield stocks. Some alternatives offer higher yields, but Realty Income is being presented as a potentially more established and diversified income vehicle rather than as a company-specific growth catalyst. Better High-Yield Dividend Stock: Realty Income vs. Healthpeak
• Negative Sentiment: Coverage notes that Realty Income has underperformed the broader market and fallen sharply over the past two months. Higher interest rates and refinancing costs remain risks for net-lease REITs, potentially limiting valuation recovery despite the attractive dividend. Is the Sell-Off in Realty Income a Buying Opportunity?

About Realty Income

Realty Income Corporation is a real estate investment trust (REIT) that acquires, owns, and manages commercial properties leased to businesses under long-term agreements. The company is widely known as “The Monthly Dividend Company” for its focus on providing regular monthly dividend payments to shareholders.

Most of Realty Income’s properties are operated under single-tenant, triple-net lease arrangements. Under these agreements, tenants generally are responsible for property taxes, insurance, and maintenance expenses, while Realty Income collects contractual rent.