Realty Income Corporation (O)

NYSE: O · IEX Real-Time Price · USD
53.71
-0.09 (-0.17%)
At close: Apr 26, 2024, 4:00 PM
53.77
+0.06 (0.11%)
After-hours: Apr 26, 2024, 4:37 PM EDT
-0.17%
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]

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 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.

Price Target
$61.5
(14.50% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

Other symbols: ADC
3 days 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...

17 days 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...

23 days 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 ...

6 weeks 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...

6 weeks 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...

2 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 ...

2 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
2 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...

2 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...

2 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
3 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...

3 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
3 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...

3 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
3 months ago - Business Wire

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...

3 months ago - PRNewsWire

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...

Other symbols: BTUELFSRC
3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

Other symbols: SRC
4 months ago - Business Wire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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% ...

5 months ago - PRNewsWire

Looking For Passive Income? This Dividend Portfolio Will Pay You Monthly - Coca-Cola (NYSE:KO), Realty Income (NYSE:O)

In the world of dividend stocks, most companies follow a quarterly distribution schedule.

Other symbols: KO
5 months ago - Benzinga