Realty Income Co. (NYSE:O) Receives Consensus Rating of “Hold” from Analysts

Realty Income Co. (NYSE:O) has earned an average recommendation of “Hold” from the fourteen ratings firms that are covering the stock, MarketBeat reports. Eleven analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $62.04.

Several research firms recently weighed in on O. Deutsche Bank Aktiengesellschaft started coverage on shares of Realty Income in a research note on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective on the stock. Stifel Nicolaus reduced their price target on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. UBS Group lowered their price objective on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating for the company in a research report on Thursday, November 14th. Barclays initiated coverage on Realty Income in a report on Tuesday, December 17th. They set an “equal weight” rating and a $59.00 target price on the stock. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $62.00 price target on shares of Realty Income in a report on Monday.

Realty Income Trading Down 1.5 %

Shares of NYSE O opened at $54.13 on Thursday. The company’s 50 day simple moving average is $54.62 and its 200 day simple moving average is $58.46. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40. Realty Income has a fifty-two week low of $50.65 and a fifty-two week high of $64.88. The firm has a market capitalization of $47.38 billion, a P/E ratio of 51.55, a P/E/G ratio of 1.93 and a beta of 1.00.

Realty Income (NYSE:O) last posted its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.75). The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.26 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The firm’s revenue for the quarter was up 28.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.02 earnings per share. On average, analysts predict that Realty Income will post 4.19 EPS 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. Stockholders of record on Monday, February 3rd will be given a $0.264 dividend. This represents a dividend yield of 5.9%. The ex-dividend date is Monday, February 3rd. Realty Income’s dividend payout ratio is presently 300.95%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in O. Rosenberg Matthew Hamilton grew its holdings in shares of Realty Income by 75.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 211 shares in the last quarter. Creative Capital Management Investments LLC boosted its position in Realty Income by 133.3% during the third quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 300 shares during the last quarter. ST Germain D J Co. Inc. grew its stake in Realty Income by 306.5% in the fourth quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 567 shares in the last quarter. Luken Investment Analytics LLC acquired a new position in shares of Realty Income during the 4th quarter worth approximately $40,000. Finally, Independence Bank of Kentucky raised its stake in shares of Realty Income by 54.5% during the 4th quarter. Independence Bank of Kentucky now owns 850 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 300 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.

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.