Realty Income Corporation (O)

NYSE: O · Real-Time Price · USD
56.88
-0.30 (-0.52%)
At close: Nov 20, 2024, 4:00 PM
56.85
-0.03 (-0.05%)
Pre-market: Nov 21, 2024, 5:00 AM EST
-0.52%
Market Cap 49.93B
Revenue (ttm) 5.01B
Net Income (ttm) 866.69M
Shares Out 877.89M
EPS (ttm) 1.04
PE Ratio 54.45
Forward PE 35.51
Dividend $3.12 (5.49%)
Ex-Dividend Date Dec 2, 2024
Volume 4,080,767
Open 56.92
Previous Close 57.18
Day's Range 56.63 - 57.27
52-Week Range 50.65 - 64.88
Beta 1.00
Analysts Buy
Price Target 63.71 (+12.01%)
Earnings Date Nov 4, 2024

About O

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. To date, the compan... [Read more]

Industry REIT - Retail
Sector Real Estate
Founded 1969
Employees 418
Stock Exchange NYSE
Ticker Symbol O
Full Company Profile

Financial Performance

In 2023, Realty Income's revenue was $4.08 billion, an increase of 22.30% compared to the previous year's $3.34 billion. Earnings were $872.31 million, an increase of 0.33%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for O stock is "Buy." The 12-month stock price forecast is $63.71, which is an increase of 12.01% from the latest price.

Price Target
$63.71
(12.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Bad News For Realty Income

Donald Trump's proposed tariffs could significantly impact Realty Income Corporation. It would hurt its Top 3 tenants and could lead to higher inflation and interest rates. We share our latest thought...

1 day ago - Seeking Alpha

My 2 Top Dividend Growth Gems

Cash in on the American Dream of property ownership with REITs. REITs provide reliable dividends and inflation protection from a diversified property base. We discuss two gems with over three decades ...

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1 day ago - Seeking Alpha

Buy These 6 RE Stocks That Deserve a Home in Your Portfolio

The U.S. Federal Reserve is on a chopping spree this autumn, cutting its benchmark Federal Funds rate by 0.50% in September and lopping off another 0.25% in early November. The moves brought the Fed F...

Other symbols: AVBDHILENPTECZZG
2 days ago - Benzinga

Buy The Dip: 6-11% Yields For Growing Retirement Dividend Income

The broader markets are soaring right now. However, there are numerous opportunities to buy discounted blue-chip high-yielding dividend growth stocks. I share three best-of-breed high-yield dividend g...

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2 days ago - Seeking Alpha

2 'Wide Moat' REITs That Could Lead The 'Big Economic Boom'

Bill Ackman predicts a significant economic boom driven by improved regulatory efficiency, particularly benefiting the REIT sector and infrastructure development. Realty Income, a top "wide moat" REIT...

Other symbols: PLD
2 days ago - Seeking Alpha

2 High Quality Retirement Dividends Getting Unfairly Punished

Rising long-term yields create opportunities for high-quality, income-seeking investors. REITs and infrastructure assets are among the ones, which have been affected the most. While there are obviousl...

Other symbols: BIP
3 days ago - Seeking Alpha

1 REIT To Sell And 1 REIT To Buy

The REIT market is not perfectly efficient. Some REITs are overpriced. Others are undervalued. I highlight a great example of that.

Other symbols: EPRTGMREHRSILAVNQ
4 days ago - Seeking Alpha

One Stock I've Been Buying This Month And One I'm Looking To Buy

PepsiCo and Realty Income have experienced price drops due to high inflation, but both companies remain fundamentally sound with strong long-term growth potential. Food inflation, in particular, has c...

Other symbols: ADCDGKOPEPUSBWBA
5 days ago - Seeking Alpha

Realty Income: Stability In A Twilight World

Realty Income offers a 5.44% yield with 30 years of uninterrupted dividend growth. P/AFFO suggests upside, boosted by rate-cut tailwinds. Pair dividends with put-selling for dual income potential.

5 days ago - Seeking Alpha

Dividend Harvesting Portfolio Week 193: $19,300 Allocated, $1,844.97 In Projected Dividends

The Dividend Harvesting Portfolio rebounded strongly post-election, with profitability increasing by $688.50, resulting in a 27.13% return on invested capital. I added to positions in Realty Income, S...

Other symbols: FSKSPGSPYISTWD
6 days ago - Seeking Alpha

Why REITs Will Pummel Stocks In 2025

REITs have strongly outperformed the S&P 500 in the recent past. I expect this strong outperformance to continue. There are two reasons for this.

6 days ago - Seeking Alpha

Realty Income Corporation CEO goes one-on-one with Jim Cramer

Realty Income Corporation CEO Sumit Roy, joins 'Mad Money' host Jim Cramer to talk Fed rate cuts, realty income and the move in 10-year treasury yields.

7 days ago - CNBC Television

Doubling Down On Realty Income

Realty Income's AFFO per share guidance for 2024 is $4.17-$4.21, reflecting a strong 4.8% year-over-year growth outlook. A $3.5 billion investment target for 2024, supported by a $1.3 billion Q4 pipel...

8 days ago - Seeking Alpha

How I'd Build The Ultimate Dividend Retirement Portfolio Today

Early trading mistakes taught me the value of dividend investing, leading to a portfolio focused on dividend growth stocks for stability and income. Dividend stocks offer consistent growth, reliable c...

Other symbols: ADMAMENBEXRMAINMOPEP
8 days ago - Seeking Alpha

Very Bad News For Blue-Chip Big Dividend REITs

Blue-chip REITs rallied hard between early July and late October. However, they have recently pulled back. We discuss why, and we also share our top REIT pick of the moment.

Other symbols: NNNUTENVNQWPC
9 days ago - Seeking Alpha

Why Realty Income Is My Top Pick For November

Realty Income offers a compelling 5.5% dividend yield, backed by a resilient portfolio and strong operational advantages in the net lease REIT sector. With 55 years of experience, strong credit rating...

9 days ago - Seeking Alpha

Buy The Dip: Big Dividend Growth Stocks Getting Way Too Cheap

High-yield dividend growth stocks have been on a strong run over the past four months. However, there are several that have not participated in the rally and have even dipped sharply in some cases. We...

Other symbols: ADCGELNNNOXYSCHDWES
9 days ago - Seeking Alpha

Managing Risk Is What Separates The Best From The Rest

Successful investing requires second-level thinking, which involves deeper analysis beyond simple formulas, as highlighted by Howard Marks in "The Most Important Thing". Iron Mountain's transformation...

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9 days ago - Seeking Alpha

67 Aristocrats November Dividend Cornucopia Has 39 'Safer' And 2 Ideal Dogs

November's top-yielding Aristocrats include Franklin Resources, Amcor, Hormel, and Kenvue, meeting the dogcatcher ideal of dividends from $1K invested exceeding single share prices. Analysts forecast ...

11 days ago - Seeking Alpha

Realty Income Announces 653rd Consecutive Common Stock Monthly Dividend

SAN DIEGO , Nov. 8, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that it has declared the 653rd consecutive common stock mont...

12 days ago - PRNewsWire

Realty Income: It Is Time For Bears To Face Reality Check

Over the past ~ 30 day period, O has lost about 8% of its market cap. Most of this is related to rising long-term yields. At the same time, if we look deeper into O's financials, the things remains so...

12 days ago - Seeking Alpha

The Trump Dip - Here's What I'm Buying To Improve My Dividend Portfolio

My portfolio gained significantly post-election, driven by industrial and energy stocks, while REITs and tariff-prone companies faced pressure from rising rates and trade uncertainties. I see value in...

Other symbols: AMCBOECMECPEXRICELOW
12 days ago - Seeking Alpha

Realty Income: Who Wants A Raise?

Realty Income Corporation's recent share price pullback presents a buying opportunity for long-term investors, with a forward multiple of 13.58x and potential upside of over 33%. Despite a mixed Q3 ea...

12 days ago - Seeking Alpha

My Top 10 High Dividend Yield Companies For November 2024: 2 Yield More Than 8%

I will highlight 10 high dividend yield companies which, I believe, are worth considering investing in for November 2024. Each company could increase your portfolio's ability to generate dividend inco...

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13 days ago - Seeking Alpha

Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'

Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...

Other symbols: BBYCAGEQRETRFRTKEYKIM
13 days ago - Seeking Alpha