Realty Income (NYSE:O) Issues FY 2026 Earnings Guidance

Realty Income (NYSE:O) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.380-4.420 for the period, compared to the consensus estimate of 2.740. The company issued revenue guidance of -.

Realty Income Price Performance

Realty Income stock traded down $0.22 during midday trading on Tuesday, reaching $66.46. The company’s stock had a trading volume of 5,995,838 shares, compared to its average volume of 6,626,421. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.72. The stock has a market cap of $61.14 billion, a PE ratio of 61.54, a price-to-earnings-growth ratio of 3.91 and a beta of 0.79. Realty Income has a 52 week low of $50.71 and a 52 week high of $67.15. The business has a 50-day moving average price of $60.46 and a 200-day moving average price of $59.18.

Realty Income (NYSE:O) last posted its earnings results on Tuesday, February 24th. The real estate investment trust reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.76). The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.39 billion. Realty Income had a return on equity of 2.45% and a net margin of 17.17%.Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, sell-side analysts predict that Realty Income will post 4.19 EPS for the current year.

Realty Income Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be given a dividend of $0.27 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Friday, February 27th. Realty Income’s dividend payout ratio (DPR) is 300.00%.

Analyst Ratings Changes

A number of analysts recently commented on the company. Mizuho decreased their target price on Realty Income from $63.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Wells Fargo & Company boosted their price objective on Realty Income from $59.00 to $60.00 and gave the company an “equal weight” rating in a report on Tuesday, November 25th. Morgan Stanley increased their target price on Realty Income from $62.00 to $65.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 24th. Weiss Ratings restated a “hold (c)” rating on shares of Realty Income in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a $61.00 price objective on shares of Realty Income in a report on Thursday, December 18th. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $63.21.

Key Realty Income News

Here are the key news stories impacting Realty Income this week:

• Positive Sentiment: Strategic growth — Realty Income is expanding into Europe and Mexico and launching an institutional asset‑management business to win fee‑based third‑party capital, which diversifies growth away from pure net‑lease cash flow and can improve long‑term revenue mix. Realty Income Broadens Model With New Markets And Fee Based Growth
• Positive Sentiment: Company messaging and outlook — coverage (TipRanks) frames the Q4 update and management outlook as strong, suggesting management is raising or reaffirming guidance for underlying operating metrics (look for AFFO/FFO guidance in the releases). Realty Income Reports Strong Q4 2025 Results, Outlook
• Neutral Sentiment: Top‑line roughly in line — reported revenue for the quarter was about $1.40B versus ~$1.39B consensus; the company filed a full press release and slide deck with operating details (use those to check AFFO/occupancy/growth metrics). Realty Income Announces Operating Results for the Three Months and Year Ended December 31, 2025
• Neutral Sentiment: Analyst focus — previews from outlets like Zacks and 24/7 Wall St. show analysts were watching whether Realty Income closed 2025 inside its raised guidance range; consensus expectations for the year remain an important near‑term anchor. Realty Income Stock: Buy, Hold or Sell Before Q4 Earnings?
• Negative Sentiment: GAAP EPS miss — reported EPS of $0.32 missed consensus (~$1.08) by a wide margin, which likely drove short‑term selling despite revenue parity; investors should review the slide deck/press release for one‑time items or non‑GAAP AFFO/FFO figures that management emphasizes. Realty Income Press Release / Financials (PDF)

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Verition Fund Management LLC lifted its stake in shares of Realty Income by 0.4% during the 3rd quarter. Verition Fund Management LLC now owns 56,934 shares of the real estate investment trust’s stock valued at $3,461,000 after buying an additional 214 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. raised its holdings in Realty Income by 2.0% during the 4th quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 11,705 shares of the real estate investment trust’s stock valued at $660,000 after acquiring an additional 225 shares during the period. Jacobi Capital Management LLC raised its holdings in Realty Income by 2.7% during the 4th quarter. Jacobi Capital Management LLC now owns 9,132 shares of the real estate investment trust’s stock valued at $515,000 after acquiring an additional 240 shares during the period. L2 Asset Management LLC lifted its position in shares of Realty Income by 6.2% during the third quarter. L2 Asset Management LLC now owns 4,226 shares of the real estate investment trust’s stock worth $257,000 after acquiring an additional 246 shares in the last quarter. Finally, Brown Advisory Inc. boosted its holdings in shares of Realty Income by 2.4% in the second quarter. Brown Advisory Inc. now owns 11,586 shares of the real estate investment trust’s stock worth $667,000 after acquiring an additional 267 shares during the period. Institutional investors own 70.81% of the company’s stock.

Realty Income Company Profile

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.