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Realty Income (NYSE:O) Stock, Quote.Headers.trade-ideas

Realty Income

Realty Income owns roughly 15,400 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.

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Realty Income Corporation&#39;s public offering of $500 million in senior unsecured notes due 2054 resulted in an effective yield of 5.486%. The proceeds will be used for general corporate purposes. 

What&#39;s Going On With Realty Income Stock Tuesday?

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In the latest quarter, 11 analysts provided ratings for Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>), showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $64.34, a high estimate of $70.25, and a low estimate of $58.00. This upward trend is evident, with the current average reflecting a 6.74% increase from the previous average price target of $60.28.
<img src="https://www.benzinga.com/files/images/story/2024/1726588845_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A comprehensive examination of how financial experts perceive Realty Income is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$64.00</td>
<td>$61.00</td>
</tr>
<tr>
<td>Anthony Paolone</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$67.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$70.25</td>
<td>$67.50</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$61.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$62.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Jay Kornreich</td>
<td>Wedbush</td>
<td>Announces</td>
<td>Neutral</td>
<td>$64.00</td>
<td>-</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$64.00</td>
<td>$58.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$67.50</td>
<td>$65.00</td>
</tr>
<tr>
<td>Wesley Golladay</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$58.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Ronald Kamdem</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$62.00</td>
<td>-</td>
</tr>
<tr>
<td>Brent Dilts</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$68.00</td>
<td>$61.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Realty Income. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Realty Income compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Realty Income's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Realty Income's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/O/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Realty Income analyst ratings.</a>
<h2>All You Need to Know About Realty Income</h2>
Realty Income owns roughly 15,400 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.
<h3>Realty Income: A Financial Overview</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, Realty Income showcased positive performance, achieving a revenue growth rate of 31.42% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: Realty Income's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 19.17%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Realty Income's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.66%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Realty Income's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.38%, the company may face hurdles in achieving optimal financial returns.
Debt Management: With a below-average debt-to-equity ratio of 0.67, Realty Income adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Assessing Realty Income: Insights From 11 Financial Analysts

Scotiabank analyst Nicholas Yulico maintains Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Sector Perform and raises the price target from $61 to $64.

Price Target

Scotiabank Maintains Sector Perform on Realty Income, Raises Price Target to $64

Realty Income Corporation ((Realty Income, NYSE:<a href="https://www.benzinga.com/stock/O#NYSE">O</a>), The Monthly Dividend Company&#xAE;, today announced it has declared an increase in the company's common stock monthly cash dividend to $0.2635 per share from $0.2630 per share. The dividend is payable on October 15, 2024, to stockholders of record as of October 1, 2024. This is the 127th dividend increase since Realty Income's listing on the NYSE in 1994. The new monthly dividend represents an annualized dividend amount of $3.162 per share as compared to the prior annualized dividend amount of $3.156 per share.

Dividends

Realty Income Announces It Has Declared An Increase In Common Stock Monthly Cash Dividend From $0.2630 To $0.2635 Per Share

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Here's a look at the Benzinga Stock Whisper Index for the week of Aug. 30:
Realty Income Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>): Known to many as "the monthly dividend company," Realty Income is a real estate investment trust that pays out dividends on a monthly basis. 
The stock saw increased interest from investors during the week, which could be related to a search for income to add to portfolios. The company <a href="https://www.realtyincome.com/investors/press-releases/realty-income-announces-operating-results-three-and-six-months-ended-2">reported </a>adjusted funds from operations of $1.06 for the three months ending June 30.
"Supporting our stable and growing cash flow stream, our liquidity position remains strong, and our operations and portfolio of leading clients are healthy. Given these strengths, I am confident our global, diversified platform remains positioned to continue to deliver favorable risk-adjusted returns, given our current visibility into our future pipeline of opportunities," Realty Income CEO Sumit Roy said.
The company could be seeing interest from investors due to its stable history of paying out and increasing dividends. Realty Income shares are up 1.1% over the last week as seen on the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent083024&amp;t=be2bearmibe3na1">Benzinga Pro chart </a>below and up 4.8% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent083024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102038/Screenshot-150.png" alt="" class="wp-image-523402" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102038/Screenshot-150.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102038/Screenshot-150-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102038/Screenshot-150-768x387.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Bristol-Myers Squibb Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>): The global biopharmaceutical company saw increased interest from investors during the week, which could be for numerous reasons.
The company is<a href="https://www.benzinga.com/m-a/24/08/40586451/regulators-expected-to-approve-innovative-schizophrenia-treatment-from-bristol-myers-karuna"> expected to see approval</a> for its schizophrenia treatment KarXT next month. The drug comes from Bristol Myers Squibb and Karuna Therapeutics, a company it acquired for $14 billion in December 2023.
In July, the company <a href="https://www.benzinga.com/general/biotech/24/07/39982236/bristol-myers-squibb-witnesses-strong-demand-for-newer-drugs-as-q2-earnings-beat-expectations-rai">reported second-quarter revenue</a> that beat analyst estimates with the company's portfolio of drugs and key blood thinner treatment Eliquis seeing strong growth.
"As we move into the second half of the year, we remain focused on prioritizing opportunities with the greatest growth potential and impact for patients, including the anticipated U.S. launch of KarXT," Bristol-Myers Squibb CEO Christopher Boerner said after second-quarter results.
Three analysts<a href="https://www.benzinga.com/quote/BMY/analyst-ratings"> raised price targets </a>on the company in August after the quarterly results. Bristol-Myers Squibb shares were up 4.3% over the last week and remain down on a year-to-date basis.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent083024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102054/Screenshot-151.png" alt="" class="wp-image-523403" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102054/Screenshot-151.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102054/Screenshot-151-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102054/Screenshot-151-768x387.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Travelers Companies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>): The insurance company saw strong interest from investors on minimal news. 
The attention to the company could be coming as 2024 was expected to be an <a href="https://www.benzinga.com/markets/equities/24/08/40259269/storm-debby-headed-for-nyc-highly-populated-areas-as-catastrophic-flooding-persists">above-average hurricane season</a> according to forecasts, but so far has been on the milder side. 
A milder season could benefit the company financially. Travelers shares were up 3.1% over the last week and are up 18% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent083024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102109/Screenshot-152.png" alt="" class="wp-image-523404" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102109/Screenshot-152.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102109/Screenshot-152-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102109/Screenshot-152-768x384.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Innovative Eyewear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUCY#NASDAQ">LUCY</a>): Shares of the eyeglasses and sunglasses company<a href="https://www.benzinga.com/news/24/08/40634171/innovative-eyewear-stock-is-soaring-today-whats-going-on"> surged during the week</a> on news of the company's products being sold through Target's digital channels. 
The company's Lucyd Lyte frames are now available on Target.com. The low-float, $8 million company was highly volatile on the news as it is working to develop ChatGPT-enabled smart eyewear under its Lucyd brand and licensed brands like Nautica, Eddie Bauer and Reebok.
Shares of the company were up 38% over the last week, but remain down 43% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent083024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="510" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102125/Screenshot-153.png" alt="" class="wp-image-523405" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102125/Screenshot-153.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102125/Screenshot-153-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102125/Screenshot-153-768x392.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Edison International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>): Utility stocks continue to be strong performers in recent weeks, which could be why Edison International saw strong interest from Benzinga readers during the week. 
The owner of Southern California Edison has over five million utility customers. The company saw several analysts<a href="https://www.benzinga.com/quote/EIX/analyst-ratings"> raise price targets </a>after quarterly earnings. 
Edison International is forecasting strong growth ahead along with working on minimizing the risk of fires in California. Shares of the utility company were up around 2% over the last week and are up nearly 20% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent083024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102141/Screenshot-154.png" alt="" class="wp-image-523407" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102141/Screenshot-154.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102141/Screenshot-154-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/30102141/Screenshot-154-768x385.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Scotiabank analyst Nicholas Yulico maintains Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Sector Perform and raises the price target from $56 to $61.

Scotiabank Maintains Sector Perform on Realty Income, Raises Price Target to $61

During the last three months, 8 analysts shared their evaluations of Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>), revealing diverse outlooks from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Realty Income, revealing an average target of $63.31, a high estimate of $68.00, and a low estimate of $58.00. Marking an increase of 4.08%, the current average surpasses the previous average price target of $60.83. 
<img src="https://www.benzinga.com/files/images/story/2024/1724677216_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Realty Income. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$62.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Jay Kornreich</td>
<td>Wedbush</td>
<td>Announces</td>
<td>Neutral</td>
<td>$64.00</td>
<td>-</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$64.00</td>
<td>$58.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$67.50</td>
<td>$65.00</td>
</tr>
<tr>
<td>Wesley Golladay</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$58.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Ronald Kamdem</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$62.00</td>
<td>-</td>
</tr>
<tr>
<td>Brent Dilts</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$68.00</td>
<td>$61.00</td>
</tr>
<tr>
<td>Brent Dilts</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$61.00</td>
<td>$67.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Realty Income. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Realty Income compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Realty Income's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Realty Income's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/O/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Realty Income analyst ratings.</a>
<h2>Unveiling the Story Behind Realty Income</h2>
Realty Income owns roughly 15,400 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.
<h3>Realty Income: Financial Performance Dissected</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Realty Income displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 31.42%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: Realty Income's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 19.17%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Realty Income's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 0.66%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Realty Income's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.38%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Realty Income's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.67.
<h2>Analyst Ratings: Simplified</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Forecasting The Future: 8 Analyst Projections For Realty Income

Wells Fargo analyst James Feldman maintains Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Equal-Weight and raises the price target from $57 to $62.

Wells Fargo Maintains Equal-Weight on Realty Income, Raises Price Target to $62

Realty Income Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) shares are trading lower on Tuesday. On Monday, the company priced a public offering of $500 million in 5.375% <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/n40452325/realty-income-successfully-prices-500-million-offering-of-senior-notes-due-2054" rel="noreferrer noopener">senior unsecured notes due 2054</a>.
The notes were offered at 98.374% of the principal amount, resulting in an effective semi-annual yield to maturity of 5.486%.
The company expects to use net proceeds from this offering for general corporate purposes, including the repayment of indebtedness and foreign currency swaps or other hedging instruments.
The offering is expected to close on August 26, pending the satisfaction of customary closing conditions.
This month, the real estate REIT reported second-quarter adjusted FFO of $1.06, beating the consensus of $1.05, and sales of $1.34 billion surpassing the <a href="https://www.benzinga.com/pressreleases/24/08/n40170785/realty-income-announces-operating-results-for-the-three-and-six-months-ended-june-30-2024" target="_blank" rel="noreferrer noopener">street view of $1.25 billion</a>. As of June 30, the company&#8217;s net debt stood at $25.9 billion.
Investors can gain exposure to the stock via&nbsp;Janus Henderson U.S. Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JRE#NYSE">JRE</a>) and NETLease Corporate Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NETL#NYSE">NETL</a>)
Price Action: O shares are down 0.53% at $60.54 at the last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image from Shutterstock
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What's Going On With Realty Income Stock Tuesday?

As of Aug 20, 2024, two stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the<a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Compass Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COMP#NYSE">COMP</a>)</h3>
<ul>
<li>On July 31, the company said revenue in the second quarter increased by 14% year-over-year to $1.7 billion. &#8220;In light of a quarter where the real estate market saw historically low volume, I am particularly pleased that we achieved all-time high net income, all-time high Adjusted EBITDA, and generated positive free cash flow for the quarter, making the Company free cash flow positive in 4 of the last 5 quarters,&#8221; said Robert Reffkin, Founder and Chief Executive Officer of Compass. The company's stock gained around 17% over the past five days and has a <a href="https://www.benzinga.com/quote/COMP">52-week high of $4.92</a>.</li>
<li>RSI Value: 70.70&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>COMP Price Action: Shares of Compass gained 4% to close at $4.89 on Monday.</li>
</ul>
<h3 class="wp-block-heading">Realty Income Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>)</h3>
<ul>
<li>On Aug. 19, Realty Income priced $500 million offering of senior notes due 2054. The company's stock gained around 6% over the past month and<a href="https://www.benzinga.com/quote/O"> has a 52-week high</a> of $61.60.</li>
<li>RSI Value: 71.84</li>
<li>O Price Action: Shares of Realty Income gained 1.4% to close at $60.86 on Monday.</li>
</ul>
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Realty Income Corporation ((Realty Income, NYSE:<a href="https://www.benzinga.com/stock/O#NYSE">O</a>), The Monthly Dividend Company&#xAE;, today announced the pricing of a public offering of $500 million of 5.375% senior unsecured notes due 2054 (the "Notes"). The public offering price for the Notes was 98.374% of the principal amount for an effective semi-annual yield to maturity of 5.486%.
&nbsp;
The net proceeds from this offering will be used for general corporate purposes, which may include, among other things, the repayment or repurchase of Realty Income's indebtedness (including borrowings under Realty Income's revolving credit facility and commercial paper programs), foreign currency swaps or other hedging instruments, the development, redevelopment and acquisition of additional properties, acquisition or business combination transactions, redemptions of Realty Income's outstanding preferred stock, and the expansion and improvement of certain properties in our portfolio.

Reported Earlier, Realty Income Corp Raised $500M Via Senior Notes Offering For General Corporate Purposes

Wedbush analyst Jay Kornreich initiates coverage on Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Neutral rating and announces Price Target of $64.

Initiation

Wedbush Initiates Coverage On Realty Income with Neutral Rating, Announces Price Target of $64

RBC Capital analyst Brad Heffern maintains Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Outperform and raises the price target from $58 to $64.

5RBC Capital Maintains Outperform on Realty Income, Raises Price Target to $64

WIIM

Realty Income shares are trading higher after the company reported better-than-expected Q2 financial results. Also, Baird and Stifel raised their respective price targets on the stock.

Analysts' ratings for Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) over the last quarter vary from bullish to bearish, as provided by 7 analysts.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $61.64, along with a high estimate of $68.00 and a low estimate of $56.00. Surpassing the previous average price target of $60.00, the current average has increased by 2.73%.
<img src="https://www.benzinga.com/files/images/story/2024/1722945673_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A clear picture of Realty Income's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$67.50</td>
<td>$65.00</td>
</tr>
<tr>
<td>Wesley Golladay</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$58.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Ronald Kamdem</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$62.00</td>
<td>-</td>
</tr>
<tr>
<td>Brent Dilts</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$68.00</td>
<td>$61.00</td>
</tr>
<tr>
<td>Brent Dilts</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$61.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$56.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Buy</td>
<td>$59.00</td>
<td>$56.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Realty Income. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Realty Income compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Realty Income's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Realty Income's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/O/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Realty Income analyst ratings.</a>
<h2>All You Need to Know About Realty Income</h2>
Realty Income owns roughly 15,400 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.
<h3>Financial Insights: Realty Income</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Realty Income's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 33.47%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: Realty Income's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 10.29%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Realty Income's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.36%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.21%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.66.
<h2>What Are Analyst Ratings?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Landscape: 7 Takes On Realty Income

Stifel analyst Simon Yarmak maintains Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Buy and raises the price target from $65 to $67.5.

Stifel Maintains Buy on Realty Income, Raises Price Target to $67.5

Baird analyst Wesley Golladay maintains Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Neutral and raises the price target from $57 to $58.

Baird Maintains Neutral on Realty Income, Raises Price Target to $58

Morgan Stanley analyst Ronald Kamdem reinstates Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Equal-Weight and announces $62 price target.

Morgan Stanley Reinstates Equal-Weight on Realty Income, Announces $62 Price Target

Guidance

Realty Income Sees AFFO $4.19-$4.28 Vs $4.39 Estimate

Realty Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) reported quarterly earnings of $1.06 per share which beat the analyst consensus estimate of $1.05 by 0.95 percent. The company reported quarterly sales of $1.34 billion which beat the analyst consensus estimate of $1.25 billion by 7.35 percent. This is a 31.40 percent increase over sales of $1.02 billion the same period last year.

Earnings

Earnings Beats

Realty Income Q2 2024 FFO $1.06 Beats $1.05 Estimate, Sales $1.34B Beat $1.25B Estimate

American entrepreneur and business owner Robert Kiyosaki said in an interview, "America is going to be the poorest country in the world, starting now."
Kiyosaki, known for his book "Rich Dad Poor Dad," was interviewed on a <a href="https://www.youtube.com/watch?v=zHt5Mdr0QFk">podcast</a> while he was in India for Growth Summit India 2023. He talked about visiting Mumbai during this trip, saying, "I always go to slums. So, this time, I went to the slums of Mumbai. And I'm looking at, talking to people. But what shocked most people was that America had never had slums like that. Today, slums are everywhere across America."
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He added, "The slums of Mumbai are spreading across America," and "San Francisco used to be the most beautiful city in America in my opinion … I worked in San Francisco and all that. Now, you don&#8217;t walk in the streets because it&#8217;s like the slums of Mumbai."&nbsp;
In more than an hour-long discussion, Kiyosaki discussed many different topics. For instance, he compared the U.S. dollar to toilet paper and called fiat currency fake, saying, "This is toilet paper, and our schoolteachers will never tell us this because the schoolteachers are Marxists. They're good people."&nbsp;
He added, "Everybody who works for dollars, yen, pesos, rupee – this is fake. Stupid people work for this stuff."
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When he later shared his thoughts on inflation, he pointed out, &#8220;There's inflation right now in America. I'm sure it's here too. Many people can't afford to eat anymore; it has become expensive. The homeless people in America, some of them are on drugs, obviously, but a lot of them just <a href="https://www.benzinga.com/real-estate/24/07/39838937/affording-a-home-now-requires-double-the-salary-thanks-to-the-pandemic-check-your-citys-new-reality">can't afford a house</a>."
<h2 class="wp-block-heading">Kiyosaki's Favorite Investments</h2>
Kiyosaki said he holds about 60 Bitcoins but warned crypto enthusiasts that "you are messing with the federal government." On the other hand, he strongly supports <a href="https://www.benzinga.com/money/how-to-buy-gold-and-silver">investing in assets like gold and silver</a>.
He also mentioned that "Being a capitalist, I own gold mines, and I own silver mines. So when the dollar crashes, I get richer."
Nevertheless, investors have several options to gain exposure to precious metals. <a href="https://www.benzinga.com/quote/OR">Osisko Gold Royalties Ltd</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OR#NYSE">OR</a>) acquires and manages precious metal royalties, allowing the company to earn a percentage of the revenue from mines worldwide. The benefit of investing in Osisko Gold Royalties instead of bullion is that the company pays a dividend with a 0.97% annual yield.
Trending: Many are surprised by Mark Cuban&#8217;s advice for lotto winners:<a href="https://www.benzinga.com/money/mark-cubans-annuity-adv"> Cash or annuity?</a>
Real estate is another of Kiyosaki's favorite investment classes. When asked whether to <a href="https://www.benzinga.com/money/renting-vs-buying-a-home">buy or rent a house</a>, the American business owner said he owns 15,000 houses.
Retail investors can add real estate to their portfolios without buying an entire property or dealing with the hassles of becoming a landlord. Publicly traded REITs offer a simpler and less expensive way to invest in real estate. Companies like <a href="https://www.benzinga.com/markets/24/07/39858849/which-of-these-three-monthly-dividend-reits-will-make-you-the-most-money-in-a-year-with-a-10-000-inv">Realty Income Corp</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) own large portfolios of income-producing properties, and investors get a share of the cash flow. Realty Income pays a monthly dividend to its shareholders with an annual yield of 5.7%.
Fractional ownership is another popular option. Platforms exist that allow investors to buy shares of single-family rentals for<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> as little as $100</a> and earn passive income in addition to long-term gains.
Don&#8217;t take everything highly successful entrepreneurs and business owners say literally. There&#8217;s often a lot of wisdom in their words. However, always do your research and consult with an investment advisor before making any investment decisions.
Read Next:
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<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/red-ventures"> The percentage may shock you</a>.</li>
<li>Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!</a></li>
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