Shares of Realty Income Co. (NYSE:O – Get Free Report) have earned a consensus rating of “Hold” from the fourteen brokerages that are covering the firm, Marketbeat.com reports. Eleven research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $62.12.
A number of research firms recently commented on O. Deutsche Bank Aktiengesellschaft started coverage on shares of Realty Income in a research report on Wednesday, December 11th. They set a “hold” rating and a $62.00 target price for the company. Stifel Nicolaus lowered their price objective on Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Royal Bank of Canada reduced their target price on Realty Income from $67.00 to $63.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Scotiabank decreased their price target on Realty Income from $61.00 to $59.00 and set a “sector perform” rating for the company in a research note on Thursday, January 16th. Finally, Mizuho dropped their price target on Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th.
Get Our Latest Stock Analysis on Realty Income
Institutional Investors Weigh In On Realty Income
Realty Income Trading Up 0.4 %
O opened at $54.35 on Thursday. Realty Income has a 52 week low of $50.65 and a 52 week high of $64.88. The company has a market capitalization of $47.57 billion, a P/E ratio of 51.77, a PEG ratio of 1.93 and a beta of 1.00. The stock’s fifty day moving average is $54.68 and its two-hundred day moving average is $58.39. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68.
Realty Income (NYSE:O – Get Free Report) last posted its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.75). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same period last year, the business posted $1.02 EPS. The company’s revenue for the quarter was up 28.1% on a year-over-year basis. Analysts forecast that Realty Income will post 4.19 earnings per share for the current year.
Realty Income Announces Dividend
The firm also recently disclosed a feb 25 dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be paid a dividend of $0.264 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a yield of 5.9%. Realty Income’s dividend payout ratio is presently 301.91%.
About Realty Income
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.
Featured Articles
- Five stocks we like better than Realty Income
- The 3 Best Blue-Chip Stocks to Buy Now
- Bloom Energy: Powering the Future With Decentralized Energy
- What is MarketRankā¢? How to Use it
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- Are Penny Stocks a Good Fit for Your Portfolio?
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Receive News & Ratings for Realty Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Realty Income and related companies with MarketBeat.com's FREE daily email newsletter.