Realty Income Corporation (O)
NYSE:O
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O Stock Chart & Stats
$65.09
-$0.33(-0.63%)
At close: 4:00 PM EST
$65.09
-$0.33(-0.63%)
Day’s Range― - ―
52-Week Range$55.86 - $67.94
Previous CloseN/A
Volume1.61M
Average Volume (3M)5.98M
Market Cap
$58.49B
Enterprise Value$87.88B
Total Cash (Recent Filing)$373.54M
Total Debt (Recent Filing)$30.17B
Price to Earnings (P/E)50.2
Beta0.19
Next Earnings
Aug 05, 2026EPS Estimate
0.41Next Dividend Ex-DateN/A
Dividend Yield5.64%
Share Statistics
EPS (TTM)1.22
Shares Outstanding932,492,550
10 Day Avg. Volume6,413,837
30 Day Avg. Volume5,979,101
Financial Highlights & Ratios
PEG Ratio2.49
Price to Book (P/B)1.29
Price to Sales (P/S)8.87
P/FCF Ratio12.77
Enterprise Value/Market Cap1.50
Enterprise Value/Revenue14.85
Enterprise Value/Gross Profit21.64
Enterprise Value/Ebitda20.82
Forecast
1Y Price Target
$68.63Price Target Upside5.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)1.59
Revenue Forecast (FY)$5.73B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationRealty Income’s materially higher operating cash flow and near-par free cash flow create durable internal funding for dividend payouts, acquisitions and debt service. Consistent absolute cash generation strengthens financial resilience and supports dividends and reinvestment independent of short-term market moves.
Expanded Private Capital Platform & ScaleThe shift into private capital (cornerstone raises, Apollo/GIC JVs) materially diversifies equity sources and creates fee-bearing, off-balance-sheet capacity. This structural move increases deal competitiveness, scales deployment without over-levering the balance sheet, and can sustainably augment returns and fee income.
High Occupancy, Rent Recapture And Dividend Track RecordNear-99% occupancy, >100% rent recapture and multi-year dividend increase history reflect durable net-lease cash flows and effective asset management. Steady AFFO growth and tenant rent escalators underpin dividend sustainability and long-term predictable cash flow generation.
Bears Say
Rising Leverage And Refinancing SensitivityMaterial debt growth increases refinancing and interest-rate sensitivity, reducing balance-sheet flexibility. With large absolute leverage and low ROE, higher rates or weaker cash flow could constrain acquisition appetite, raise financing costs and pressure distributable cash over the medium term.
Cap-rate Compression Pressures Acquisition YieldsCompression in acquisition cap rates signals tougher future yield economics on newly deployed capital versus historical purchases. Sustained cap-rate compression amid competitive fund capital can reduce future cash yields on public-balance-sheet deals, pressuring AFFO growth and margin sustainability over time.
Episodic Lease-termination Income & Sector Credit PocketsA notable portion of outperformance was driven by non-recurring lease-termination gains, creating comparability risk if such items normalize. Coupled with pockets of sector weakness (e.g., theater same-store declines) and execution risk in short-duration credit investments, this raises medium-term earnings volatility and credit exposure.
Realty Income News
O FAQ
What was Realty Income Corporation’s price range in the past 12 months?
Realty Income Corporation lowest stock price was $55.86 and its highest was $67.94 in the past 12 months.
What is Realty Income Corporation’s market cap?
Realty Income Corporation’s market cap is $58.49B.
When is Realty Income Corporation’s upcoming earnings report date?
Realty Income Corporation’s upcoming earnings report date is Aug 05, 2026 which is in 50 days.
How were Realty Income Corporation’s earnings last quarter?
Realty Income Corporation released its earnings results on May 06, 2026. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.403 by -$0.073.
Is Realty Income Corporation overvalued?
According to Wall Street analysts Realty Income Corporation’s price is currently Undervalued.
Does Realty Income Corporation pay dividends?
Realty Income Corporation pays a Monthly dividend of $0.271 which represents an annual dividend yield of 5.64%. See more information on Realty Income Corporation dividends here
What is Realty Income Corporation’s EPS estimate?
Realty Income Corporation’s EPS estimate is 0.41.
How many shares outstanding does Realty Income Corporation have?
Realty Income Corporation has 932,492,550 shares outstanding.
What happened to Realty Income Corporation’s price movement after its last earnings report?
Realty Income Corporation reported an EPS of $0.33 in its last earnings report, missing expectations of $0.403. Following the earnings report the stock price went down -3.468%.
Which hedge fund is a major shareholder of Realty Income Corporation?
Currently, no hedge funds are holding shares in O
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Realty Income Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$68.63 (5.43% Upside)
$68.63 (5.43% Upside)
Blogger Sentiment
Bullish
O Sentiment 98%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 673.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $664.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Very Bullish
Bullish news 86%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.25%
12-Months-Change
Fundamentals
Return on Equity
2.86%
Trailing 12-Months
Asset Growth
6.88%
Trailing 12-Months
Company Description
Realty Income Corporation
Known as "The Monthly Dividend Company," Realty Income is an S&P 500 corporation committed to delivering reliable monthly income to its shareholders. Operating as a Real Estate Investment Trust (REIT), its monthly payouts are generated from the consistent cash flow of over 6,500 commercial properties, which are leased to various businesses under long-term contracts. With a remarkable 52-year operational history, the firm (NYSE: O) has announced 608 uninterrupted monthly dividends for its common stock and has increased its dividend payout 109 times since going public in 1994. It also holds a distinguished position within the S&P 500 Dividend Aristocrats index. For additional details, please visit the company's official website at www.realtyincome.com.
O Company Deck
O Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong operational execution, material growth in AFFO per share (+6.6% YoY), expanded investment activity ($2.8B deployed in Q1) and deliberate scaling of a new private capital ecosystem (Perpetual Life fund $1.7B cornerstone, Apollo $1B, GIC JV), enabling the company to raise investment guidance and slightly lift AFFO guidance. Liquidity and diversified debt sources were highlighted as strengths, and credit loss guidance was reduced. Offsetting these positives are pockets of sector weakness (theaters -10% same-store), an episodic nature of lease termination income that may not recur, ongoing rate and cap-rate uncertainty, and selectivity-driven passivity on many sourced deals. On balance the positive operating results, strategic capital partnerships, raised guidance and strong liquidity materially outweigh the noted challenges, but execution risk on credit-to-equity conversions and interest-rate/cap-rate volatility remain key watch items.View all O earnings summariesO Revenue Breakdown
75.24% Retail
15.04% Industrial
4.30% Other
5.43% Other revenue
O Stock 12 Month Forecast
Average Price Target
$68.63
▲(5.43% Upside)
Technical Analysis
Ownership Overview
0.14% Insiders
22.48% Mutual Funds
10.14% Other Institutional Investors
35.20% Public Companies and Individual Investors