Realty Income Corporation (O)

NYSE: O · IEX Real-Time Price · USD
54.10
+0.59 (1.10%)
At close: Mar 28, 2024, 4:00 PM
54.14
+0.04 (0.07%)
After-hours: Mar 28, 2024, 7:41 PM EDT

Total Valuation

Realty Income has a market cap or net worth of $46.30 billion. The enterprise value is $67.59 billion.

Market Cap 46.30B
Enterprise Value 67.59B

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date Mar 28, 2024

Share Statistics

Realty Income has 861.12 million shares outstanding. The number of shares has increased by 13.21% in one year.

Shares Outstanding 861.12M
Shares Change (YoY) +13.21%
Shares Change (QoQ) +2.28%
Owned by Insiders (%) 0.14%
Owned by Institutions (%) 72.06%
Float 859.41M

Valuation Ratios

The trailing PE ratio is 42.94 and the forward PE ratio is 36.49. Realty Income's PEG ratio is 4.88.

PE Ratio 42.94
Forward PE 36.49
PS Ratio 11.35
Forward PS 9.06
PB Ratio 1.41
P/FCF Ratio n/a
PEG Ratio 4.88
Financial Ratio History

Enterprise Valuation

EV / Earnings 77.48
EV / Sales 16.57
EV / EBITDA 19.04
EV / EBIT 40.85
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.65
Debt / EBITDA 6.06
Debt / FCF n/a
Interest Coverage 2.27

Financial Efficiency

Return on equity (ROE) is 2.80% and return on invested capital (ROIC) is 2.85%.

Return on Equity (ROE) 2.80%
Return on Assets (ROA) 1.60%
Return on Capital (ROIC) 2.85%
Revenue Per Employee $9.76M
Profits Per Employee $2.09M
Employee Count 418
Asset Turnover 0.08
Inventory Turnover n/a

Taxes

In the past 12 months, Realty Income has paid $52.02 million in taxes.

Income Tax 52.02M
Effective Tax Rate 5.63%

Stock Price Statistics

The stock price has decreased by -11.40% in the last 52 weeks. The beta is 0.93, so Realty Income's price volatility has been similar to the market average.

Beta (1Y) 0.93
52-Week Price Change -11.40%
50-Day Moving Average 53.19
200-Day Moving Average 55.08
Relative Strength Index (RSI) 62.97
Average Volume (30 Days) 7,290,478

Short Selling Information

The latest short interest is 10.06 million, so 1.17% of the outstanding shares have been sold short.

Short Interest 10.06M
Short Previous Month 12.12M
Short % of Shares Out 1.17%
Short % of Float 1.17%
Short Ratio (days to cover) 1.58

Income Statement

In the last 12 months, Realty Income had revenue of $4.08 billion and earned $872.31 million in profits. Earnings per share was $1.26.

Revenue 4.08B
Gross Profit 3.76B
Operating Income 1.65B
Pretax Income 924.33M
Net Income 872.31M
EBITDA 3.55B
EBIT 1.65B
Earnings Per Share (EPS) $1.26
Full Income Statement

Balance Sheet

The company has $232.92 million in cash and $21.52 billion in debt, giving a net cash position of -$21.29 billion or -$24.72 per share.

Cash & Cash Equivalents 232.92M
Total Debt 21.52B
Net Cash -21.29B
Net Cash Per Share -$24.72
Equity / Book Value 32.94B
Book Value Per Share 38.25
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.96 billion and capital expenditures -$8.00 billion, giving a free cash flow of -$5.05 billion.

Operating Cash Flow 2.96B
Capital Expenditures -8.00B
Free Cash Flow -5.05B
FCF Per Share -$7.29
Full Cash Flow Statement

Margins

Gross margin is 92.23%, with operating and profit margins of 40.36% and 21.39%.

Gross Margin 92.23%
Operating Margin 40.36%
Pretax Margin 22.66%
Profit Margin 21.39%
EBITDA Margin 87.03%
EBIT Margin 40.57%
FCF Margin -123.71%

Dividends & Yields

This stock pays an annual dividend of $3.07, which amounts to a dividend yield of 5.68%.

Dividend Per Share $3.07
Dividend Yield 5.68%
Dividend Growth (YoY) 2.81%
Years of Dividend Growth 27
Payout Ratio 243.73%
Buyback Yield -13.21%
Shareholder Yield -7.51%
Earnings Yield 1.88%
FCF Yield -10.90%
Dividend Details

Analyst Forecast

The average price target for Realty Income is $62.04, which is 14.68% higher than the current price. The consensus rating is "Buy".

Price Target $62.04
Price Target Difference 14.68%
Analyst Consensus Buy
Analyst Count 14
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 7.83%
Stock Forecasts

Stock Splits

The last stock split was on November 15, 2021. It was a forward split with a ratio of 1032:1000.

Last Split Date Nov 15, 2021
Split Type Forward
Split Ratio 1032:1000

Scores

Altman Z-Score n/a
Piotroski F-Score 5