Realty Income Corporation (O)
Market Cap | 46.25B |
Revenue (ttm) | 4.08B |
Net Income (ttm) | 872.31M |
Shares Out | 861.15M |
EPS (ttm) | 1.26 |
PE Ratio | 42.63 |
Forward PE | 33.71 |
Dividend | $3.08 (5.74%) |
Ex-Dividend Date | Apr 30, 2024 |
Volume | 6,712,399 |
Open | 53.89 |
Previous Close | 53.80 |
Day's Range | 53.51 - 54.21 |
52-Week Range | 45.04 - 64.18 |
Beta | 0.94 |
Analysts | Buy |
Price Target | 61.50 (+14.5%) |
Earnings Date | May 6, 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]
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 StatementsAnalyst Forecast
According to 13 analysts, the average rating for O stock is "Buy." The 12-month stock price forecast is $61.5, which is an increase of 14.50% from the latest price.
News
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 ...
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...
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...
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 ...
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...
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...
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 ...
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.
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...
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...
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...
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...
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...
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...
Spirit Realty Capital Shareholders Approve Realty Income Merger
SAN DIEGO & DALLAS--(BUSINESS WIRE)--Spirit Realty Capital Shareholders Approve Realty Income Merger.
Realty Income Announces Fourth Quarter and Year End 2023 Earnings Release Date
SAN DIEGO , Jan. 18, 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...
e.l.f. Beauty Set to Join S&P MidCap 400; Peabody Energy to Join S&P SmallCap 600
NEW YORK, Jan. 17, 2024 /PRNewswire/ -- e.l.f. Beauty Inc. (NYSE: ELF) will replace Spirit Realty Capital Inc. (NYSE: SRC) in the S&P MidCap 400, and Peabody Energy Corp. (NYSE:BTU) will replace e.l.f...
Realty Income Announces Results of Early Participation In Exchange Offers And Consent Solicitations
SAN DIEGO , Jan. 10, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that, as of 5:00 p.m., New York City time, on January 10, 2...
643rd Consecutive Common Stock Monthly Dividend Declared by Realty Income
SAN DIEGO , Jan. 9, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that it has declared the 643rd consecutive common stock mont...
Realty Income Prices $1.25 Billion Dual-tranche Offering of Senior Unsecured Notes
SAN DIEGO , Jan. 8, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the pricing of a public offering of $450 million of 4.750% s...
SPIRIT REALTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Spirit Realty Capital, Inc. - SRC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Spirit Realty Ca...
Realty Income Commences Exchange Offer and Consent Solicitation
SAN DIEGO , Dec. 19, 2023 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the commencement of offers to exchange all validly tendered...
123rd Common Stock Monthly Dividend Increase Declared by Realty Income
SAN DIEGO , Dec. 12, 2023 /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...
Realty Income Prices £750 Million Dual-Tranche Offering of Sterling-Denominated Senior Unsecured Notes
SAN DIEGO , Nov. 28, 2023 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the pricing of a public offering of £300 million of 5.750% ...
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In the world of dividend stocks, most companies follow a quarterly distribution schedule.