Realty Income Corporation (O)

NYSE: O · IEX Real-Time Price · USD
57.42
-0.90 (-1.55%)
At close: Dec 29, 2023, 4:00 PM
57.41
-0.01 (-0.02%)
After-hours: Dec 29, 2023, 7:58 PM EST
-1.55%
Market Cap 41.57B
Revenue (ttm) 3.89B
Net Income (ttm) 881.17M
Shares Out 723.92M
EPS (ttm) 1.32
PE Ratio 43.50
Forward PE 41.49
Dividend $3.06 (5.33%)
Ex-Dividend Date Dec 29, 2023
Volume 6,473,957
Open 58.00
Previous Close 58.32
Day's Range 57.40 - 58.12
52-Week Range 45.04 - 68.85
Beta 0.90
Analysts Buy
Price Target 62.92 (+9.58%)
Earnings Date Feb 20, 2024

About O

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 13,250 real estate properties primarily owned under long-term net lease agreements with commercial clients. To date, the company has declared 640 consecutive monthly dividends on its shares of commo... [Read more]

Industry REIT - Retail
Sector Real Estate
CEO Sumit Roy
Employees 395
Stock Exchange NYSE
Ticker Symbol O
Full Company Profile

Financial Performance

In 2022, Realty Income's revenue was $3.34 billion, an increase of 60.72% compared to the previous year's $2.08 billion. Earnings were $869.41 million, an increase of 141.87%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for O stock is "Buy." The 12-month stock price forecast is $62.92, which is an increase of 9.58% from the latest price.

Price Target
$62.92
(9.58% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Realty Income Commences Exchange Offer and Consent Solicitation

SAN DIEGO , Dec. 19, 2023 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the commencement of offers to exchange all validly tendered...

12 days ago - PRNewsWire

123rd Common Stock Monthly Dividend Increase Declared by Realty Income

SAN DIEGO , Dec. 12, 2023 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company's common stock m...

19 days ago - PRNewsWire

Realty Income Prices £750 Million Dual-Tranche Offering of Sterling-Denominated Senior Unsecured Notes

SAN DIEGO , Nov. 28, 2023 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the pricing of a public offering of £300 million of 5.750% ...

4 weeks ago - PRNewsWire

Looking For Passive Income? This Dividend Portfolio Will Pay You Monthly - Coca-Cola (NYSE:KO), Realty Income (NYSE:O)

In the world of dividend stocks, most companies follow a quarterly distribution schedule.

Other symbols: KO
4 weeks ago - Benzinga

Digital Realty and Realty Income Form Build-to-Suit Data Center Development Joint Venture

Realty Income Acquires 80% Equity Interest in Two Data Centers Currently Under Construction in Northern Virginia, with Up to 48 Megawatts of Potential IT Load AUSTIN, Texas and SAN DIEGO , Nov. 13, 20...

Other symbols: DLR
6 weeks ago - PRNewsWire

641st Consecutive Common Stock Monthly Dividend Declared by Realty Income

SAN DIEGO , Nov. 8, 2023 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that it has declared the 641st consecutive common stock mont...

7 weeks ago - PRNewsWire

Here's why Realty Income is buying Spirit Realty in an all-stock deal

Sumit Roy, Realty Income CEO, joins 'Power Lunch' to discuss the company's portfolio, why the acquisition of Spirit Realty is highly complimentary, and more.

Other symbols: SRC
7 weeks ago - CNBC Television

Red alert as Realty Income stock price forms a dangerous pattern

The Realty Income (NYSE: O) has made headlines recently as its stock plunged to the lowest point in May 2020. It has been one of the worst-performing REITs as its shares have dropped by more than 28% ...

7 weeks ago - Invezz

Realty Income Announces Operating Results for the Three and Nine Months Ended September 30, 2023

SAN DIEGO , Nov. 6, 2023 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced operating results for the three and nine months ended Septem...

7 weeks ago - PRNewsWire

Earnings Exchange: NXP, Air Products & Realty Income

Mariann Montagne, Gradient Investments portfolio management consultant, joins 'The Exchange' to discuss NXP, Air Products, and Realty Income.

Other symbols: APDNXPI
7 weeks ago - CNBC Television

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

2 months ago - Kiplinger

SPIRIT REALTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Spirit Realty Capital, Inc. - SRC

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Spirit Realty Ca...

Other symbols: SRC
2 months ago - Business Wire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Spirit Realty Capital, Inc.

NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Spirit Realty Capital, Inc. (NYSE: SRC) and its board of directors concerning the propo...

Other symbols: SRC
2 months ago - PRNewsWire

Realty Income Buys Spirit Realty Capital for About $9.3 Billion

Realty Income Corp. (O), a commercial real estate investment trust (REIT), said it would acquire a single-tenant specialized REIT, Spirit Realty Capital (SRC), in an all-stock transaction valued at ab...

Other symbols: SRC
2 months ago - Investopedia

The 9 Best Monthly Dividend Stocks to Buy Right Now

Your bills come monthly. Why not your dividend checks?

2 months ago - Kiplinger

Realty Income buys Spirit Realty: What does this buyout mean?

Realty Income (NYSE: O) stock price plunged hard on Monday after the company made a big acquisition. The shares crashed to a low of $47.83, the lowest level since July 2020.

Other symbols: SRC
2 months ago - Invezz

Spirit Realty stock rallies on $9B buyout by Realty Income Corp.

Spirit Realty Capital Inc.'s stock SRC, -2.24% was up by 7% in premarket trading on Monday after it agreed to be acquired by Realty Income Corp. O, -1.59% in a deal that values the Dallas-based real e...

Other symbols: SRC
2 months ago - Market Watch

Realty Income to Acquire Spirit Realty Capital in $9.3 Billion Transaction

- Over 2.5% Accretion to Annualized AFFO per Share in All Stock, Leverage-Neutral Transaction - Complementary Real Estate Portfolio Enhances Size, Scale and Diversification to Expand Runway for Future...

Other symbols: SRC
2 months ago - PRNewsWire

Everybody loves Realty Income stock: should you?

Realty Income (NYSE: O) stock price has been in a deep bear market this year amid rising concerns about interest rates and its dividend health. The shares crashed to a low of $48.30 on October 3rd.

2 months ago - Invezz

640th Consecutive Common Stock Monthly Dividend Declared By Realty Income

SAN DIEGO , Oct. 10, 2023 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that it has declared the 640th consecutive common stock mon...

2 months ago - PRNewsWire

Realty Income Announces Third Quarter 2023 Earnings Release Date

SAN DIEGO , Sept. 28, 2023 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the company will release its operating results for the qua...

3 months ago - PRNewsWire

America's Favorite Dividend Is On Sale, Grab Realty Income Now

The real estate market in the United States is undergoing a tantrum, as neither builders nor would-be buyers are happy with how mortgage rates are behaving today. Shares of Realty Income NYSE: O have ...

3 months ago - MarketBeat

122nd COMMON STOCK MONTHLY DIVIDEND INCREASE DECLARED BY REALTY INCOME

SAN DIEGO , Sept. 12, 2023 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company's common stock ...

3 months ago - PRNewsWire

Blackstone sells Bellagio stake to Realty Income Corp. in post-COVID rebound

Realty Income Corp. O, -1.31% said Friday it will invest $950 million as part of its acquisition of a 22% stake in the Bellagio Las Vegas from Blackstone Inc.'s BX, -0.68% Blackstone Real Estate Incom...

Other symbols: BX
4 months ago - Market Watch

REALTY INCOME ANNOUNCES $950 MILLION INVESTMENT IN BELLAGIO LAS VEGAS AT $5.1 BILLION VALUATION

NEW YORK and SAN DIEGO , Aug. 25, 2023 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, and Blackstone Real Estate Income Trust, Inc. ("BREIT") jointl...

Other symbols: BX
4 months ago - PRNewsWire