Realty Income Corporation (NYSE:O) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Realty Income Corporation (NYSE:O) have received a consensus rating of “Hold” from the fifteen research firms that are presently covering the company, MarketBeat Ratings reports. Twelve analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $62.1538.

A number of equities research analysts recently issued reports on the stock. Barclays boosted their target price on shares of Realty Income from $59.00 to $63.00 and gave the company an “equal weight” rating in a report on Monday, October 20th. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a report on Wednesday, November 19th. Mizuho lifted their target price on Realty Income from $60.00 to $63.00 and gave the company a “neutral” rating in a report on Thursday, September 11th. Wall Street Zen upgraded Realty Income from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Finally, UBS Group boosted their target price on Realty Income from $62.00 to $66.00 and gave the stock a “buy” rating in a report on Friday, August 15th.

Insider Activity at Realty Income

In related news, Director Mary Hogan Preusse sold 11,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $60.43, for a total transaction of $664,730.00. Following the transaction, the director directly owned 19,211 shares of the company’s stock, valued at approximately $1,160,920.73. The trade was a 36.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Compagnie Lombard Odier SCmA purchased a new position in Realty Income in the 2nd quarter valued at about $25,000. Stance Capital LLC acquired a new position in shares of Realty Income in the third quarter worth about $27,000. Keystone Global Partners LLC purchased a new position in Realty Income in the first quarter valued at about $26,000. Heartwood Wealth Advisors LLC acquired a new stake in Realty Income during the 3rd quarter valued at approximately $29,000. Finally, Strengthening Families & Communities LLC increased its holdings in Realty Income by 586.1% during the 3rd quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 422 shares during the last quarter. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Realty Income Trading Up 0.4%

Shares of Realty Income stock opened at $56.73 on Wednesday. Realty Income has a fifty-two week low of $50.71 and a fifty-two week high of $61.08. The business’s fifty day moving average is $58.62 and its two-hundred day moving average is $57.85. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.72. The firm has a market cap of $52.18 billion, a PE ratio of 55.07, a P/E/G ratio of 4.46 and a beta of 0.77.

Realty Income (NYSE:O) last released its earnings results on Monday, November 3rd. The real estate investment trust reported $1.08 EPS for the quarter, beating the consensus estimate of $1.07 by $0.01. Realty Income had a return on equity of 2.34% and a net margin of 16.77%.The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same period in the prior year, the firm posted $1.05 earnings per share. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. Analysts anticipate that Realty Income will post 4.19 earnings per share for the current year.

Realty Income Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be given a $0.2695 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 5.7%. Realty Income’s dividend payout ratio is presently 299.07%.

About Realty Income

Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients.