Realty Income Corp (O) Price & News - Google Finance (2024)

FAQs

What is the price prediction for O Realty? ›

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Realty Income stock have an average target of 61.5, with a low estimate of 48 and a high estimate of 74. The average target predicts an increase of 14.50% from the current stock price of 53.71.

What is O's upside potential, based on the analysts' average price target? Realty Income has 14.59% upside potential, based on the analysts' average price target. Realty Income has a conensus rating of Moderate Buy which is based on 3 buy ratings, 5 hold ratings and 0 sell ratings.

Realty Income stock price stood at $53.67

According to the latest long-term forecast, Realty Income price will hit $55 by the end of 2024 and then $70 by the end of 2025. Realty Income will rise to $75 within the year of 2026, $85 in 2027, $100 in 2028, $110 in 2029 and $125 in 2032.

As of 2024-04-24, the Fair Value of Realty Income Corp (O) is 25.32 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 53.39 USD, the upside of Realty Income Corp is -52.6%.

Dividend Data

Realty Income Corporation's ( O ) dividend yield is 5.75%, which means that for every $100 invested in the company's stock, investors would receive $5.75 in dividends per year. Realty Income Corporation's payout ratio is 242.09% which means that 242.09% of the company's earnings are paid out as dividends.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Cohen & Steers, Inc., VGSIX - Vanguard Real Estate Index Fund Investor Shares, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, VIMSX - ...

A bankable income stream

Realty Income has paid 646 consecutive monthly dividends since its founding several decades ago. It went public in 1994 and has increased its dividend 124 times since then, including for the last 106 straight quarters.

This monthly dividend REIT is still a great long-term investment. Realty Income (O -0.17%) is often considered a stable long-term investment for conservative income investors.

The dividend is payable on April 15, 2024, to stockholders of record as of April 1, 2024. This is the 124^th dividend increase since Realty Income's listing on the NYSE in 1994.

Should REITs be in a taxable account? ›

REITs and REIT Funds

Real estate investment trusts are a poor fit for taxable accounts for the reason that I just mentioned. Their income tends to be high and often composes a big share of the returns that investors earn from them, as REITs must pay out a minimum of 90% of their taxable income in dividends each year.

Capital gains earnings: If the REIT you invest in makes its profit from selling real estate property or assets and distributes this as a dividend, it is subject to capital gains tax. Capital gains can be taxed at short- or long-term rates. Short-term gains are taxed as ordinary income.

Total debt on the balance sheet as of December 2023 : $21.98 B. According to Realty Income's latest financial reports the company's total debt is $21.98 B. A company's total debt is the sum of all current and non-current debts.

Realty Income shares are down 14% over the past year. However, its focus on high-quality properties and attractive yield of 5.75% indicate the stock is undervalued, and is due for a rebound sooner or later. The company is actively looking to invest more capital in properties at attractive values.

COMMITMENT. We remain committed to sustainable business practices in our day-to-day activities by encouraging a culture of environmental responsibility at our headquarters and within our communities. We work with our clients to promote environmental responsibility at the properties we own.

Based on analysts offering 12 month price targets for O in the last 3 months. The average price target is $58.75 with a high estimate of $65 and a low estimate of $56.

O'Reilly Auto's analyst rating consensus is a Strong Buy. This is based on the ratings of 13 Wall Streets Analysts.

Robinhood Markets's analyst rating consensus is a Hold. This is based on the ratings of 15 Wall Streets Analysts.

Shares of the REIT fell on a higher-than-expected inflation report. Realty Income (O -0.17%) tends to be a low-volatility stock. After all, the company is a Real Estate Investment Trust (REIT) that specializes in triple-net leases to recession-proof tenants in mostly stand-alone locations.