Realty Income Corporation (O)

NYSE: O · IEX Real-Time Price · USD
52.43
+0.07 (0.13%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.13%
Market Cap 45.65B
Revenue (ttm) 4.40B
Net Income (ttm) 776.99M
Shares Out 870.77M
EPS (ttm) 1.08
PE Ratio 48.55
Forward PE 35.51
Dividend $3.16 (6.02%)
Ex-Dividend Date Jul 1, 2024
Volume 4,569,534
Open 52.35
Previous Close 52.36
Day's Range 52.29 - 52.68
52-Week Range 45.04 - 64.18
Beta 0.95
Analysts Buy
Price Target 60.39 (+15.18%)
Earnings Date Aug 5, 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 company ... [Read more]

Industry REIT - Retail
Sector Real Estate
CEO Sumit Roy
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 21.99% 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 $60.39, which is an increase of 15.18% from the latest price.

Price Target
$60.39
(15.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Realty Income Announces Second Quarter 2024 Earnings Release Date

SAN DIEGO , June 27, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the company will release its operating results for the quar...

5 days ago - PRNewsWire

Realty Income is a good dividend stock: 2 reasons I'm not buying

Realty Income (NYSE: O) stock price has underperformed the market this year. It has retreated by more than 7.4% this year while the S&P 500 and Nasdaq 100 indices have surged to their record highs.

8 days ago - Invezz

2 Undervalued Dividend Stocks the Best Managers Are Buying

#Morningstar  #DividendStocks #StockInvesting Some top concentrated fund managers bought these cheap dividend stocks trading at big discounts. 00:00 Introduction 00:14 Realty Income O 01:08 Kenvue KVU...

Other symbols: KVUE
14 days ago - Morningstar

126th Common Stock Monthly Dividend Increase Declared by Realty Income

SAN DIEGO , June 11, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company's common stock m...

21 days ago - PRNewsWire

Realty Income Raises 2024 Earnings and Investment Guidance

SAN DIEGO , June 4, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that it has revised its 2024 outlook. The Company now expect...

4 weeks ago - PRNewsWire

Top Wall Street analysts like these 3 dividend stocks for high yields

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Realty Income and Ares Capital.

Other symbols: ARCCBIP
6 weeks ago - CNBC

Realty Income Announces Common Stock Dividend Increase of 2.1% and Declares Preferred Stock Quarterly Dividend

SAN DIEGO , May 17, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company's common stock mo...

6 weeks ago - PRNewsWire

Realty Income Announces Operating Results for the Three Months Ended March 31, 2024

SAN DIEGO , May 6, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced operating results for the three months ended March 31, 2024. ...

2 months ago - PRNewsWire

Realty Income stock forms a positive pattern but May 6 will be key

Realty Income (NYSE: O) stock price is holding steady after the Federal Reserve ruled out any interest rate increases this year. It joined other Real Estate Investment Trust (REIT) companies in a stro...

2 months ago - Invezz

How To Earn 8%+ In Retirement Income Each And Every Month

Monthly dividend stocks baby. Most income investors don't even realize they exist!

Other symbols: AGNCAPLEMAINPFLT
2 months ago - Forbes

Realty Income and Agree Realty are good REITs: are they worth it?

Real Estate Investment Trusts (REITs) are highly popular financial assets, especially among income-focused investors. With most REITs, investors can generate substantially higher yields than in other ...

Other symbols: ADC
2 months ago - Invezz

646th Consecutive Common Stock Monthly Dividend Declared by Realty Income

SAN DIEGO , April 9, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that it has declared the 646th consecutive common stock mon...

3 months ago - PRNewsWire

REALTY INCOME ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE DATE

SAN DIEGO , April 3, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the company will release its operating results for the quar...

3 months ago - PRNewsWire

124th Common Stock Monthly Dividend Increase Declared by Realty Income

SAN DIEGO , March 13, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company's common stock ...

3 months ago - PRNewsWire

Realty Income is a beloved dividend stock: is it a good buy?

Realty Income (NYSE: O) stock price continued to underperform the broader market this year. It was trading at $53 on Monday, down by over 10% from its highest point in 2024, meaning that it is in a co...

4 months ago - Invezz

Realty Income Announces Operating Results for the Three Months and Year Ended December 31, 2023

SAN DIEGO , Feb. 20, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced operating results for the three months and year ended Decem...

4 months ago - PRNewsWire

Realty Income Announces Appointment of Jeff A. Jacobson to Board of Directors and Retirement of Board Member Ronald L.

SAN DIEGO, Feb. 14, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that Jeff A. Jacobson will be joining Realty Income's Board ...

4 months ago - PRNewsWire

Commercial real estate will be 'a dull pain' that continues in the system, says Richard LeFrak

The LeFrak Organization CEO Richard LeFrak joins 'Squawk Box' to discuss the state of the commercial real estate market, the stressors facing the sector, and more.

Other symbols: EQIXSPGWELL
4 months ago - CNBC Television

644th Consecutive Common Stock Monthly Dividend and Preferred Stock Quarterly Dividend Declared by Realty Income

SAN DIEGO , Feb. 13, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that it has declared the 644th consecutive common stock mon...

5 months ago - PRNewsWire

Realty Income Announces €527 Million Inaugural Pan-European Sale and Leaseback With Decathlon, One of the World's Leading Sports Brands

SAN DIEGO , Feb. 7, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, announced a sale-leaseback transaction for 82 retail properties leased to af...

5 months ago - PRNewsWire

Realty Income Announces 2023 Dividend Tax Allocation for Realty Income Corporation and Spirit Realty Capital, Inc.

SAN DIEGO , Jan. 26, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the final calculation of the dividend tax status for its 20...

Other symbols: SRC
5 months ago - PRNewsWire

I'd avoid Realty Income stock and buy this ETF instead

Realty Income (NYSE: O) stock price has not done well in the past 12 months as concerns about interest rates have remained. Like most REITs, its stock has retreated by more than 18% in the past 12 mon...

5 months ago - Invezz

Realty Income Closes Merger with Spirit Realty Capital

SAN DIEGO , Jan. 23, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, has closed on the previously announced merger with Spirit Realty Capital, I...

Other symbols: SRC
5 months ago - PRNewsWire

Realty Income Announces Expiration and Final Results of Exchange Offer and Consent Solicitations

SAN DIEGO, Jan. 19, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the final results of its previously announced offers to exch...

5 months ago - PRNewsWire

Spirit Realty Capital Shareholders Approve Realty Income Merger

SAN DIEGO & DALLAS--(BUSINESS WIRE)--Spirit Realty Capital Shareholders Approve Realty Income Merger.

Other symbols: SRC
5 months ago - Business Wire