Realty Income (NYSE:O) Stock Rating Raised to Strong-Buy at Truist Financial

Realty Income (NYSE:O) was upgraded by stock analysts at Truist Financial from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday, Zacks reports.

Other equities analysts also recently issued research reports about the stock. Royal Bank Of Canada decreased their price objective on shares of Realty Income from $71.00 to $70.00 and set an “outperform” rating for the company in a research note on Friday, August 7th. UBS Group set a $67.00 target price on Realty Income in a research report on Thursday, June 18th. Mizuho reduced their target price on Realty Income from $66.00 to $61.00 and set a “neutral” rating for the company in a report on Thursday, September 17th. Wells Fargo & Company reduced their target price on Realty Income from $65.00 to $64.00 and set an “equal weight” rating for the company in a report on Tuesday, September 1st. Finally, Stifel Nicolaus set a $63.75 target price on Realty Income in a research report on Friday, October 9th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $65.46.

Realty Income Trading Up 0.7%

Shares of Realty Income stock opened at $55.58 on Wednesday. The company has a fifty day simple moving average of $58.80 and a 200-day simple moving average of $61.39. Realty Income has a 12-month low of $53.15 and a 12-month high of $67.93. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. The stock has a market cap of $52.59 billion, a price-to-earnings ratio of 12.60, a PEG ratio of 4.33 and a beta of 0.69.

Realty Income (NYSE:O) last posted its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, meeting analysts’ consensus estimates of $1.09. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the firm posted $1.05 EPS. The company’s revenue was up 9.7% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, equities analysts forecast that Realty Income will post 4.42 EPS for the current fiscal year.

Hedge Funds Weigh In On Realty Income

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dunhill Financial LLC purchased a new stake in Realty Income during the 2nd quarter valued at approximately $27,000. Sankala Group LLC purchased a new position in shares of Realty Income in the 4th quarter valued at approximately $32,000. Fiduciary Financial Advisors purchased a new position in shares of Realty Income in the 2nd quarter valued at approximately $36,000. Canton Hathaway LLC acquired a new position in shares of Realty Income in the first quarter valued at approximately $40,000. Finally, Meramec Financial Planners LLC acquired a new position in shares of Realty Income in the second quarter valued at approximately $44,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income News Summary

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

• Positive Sentiment: Monthly dividend reaffirmed: Realty Income declared a monthly dividend of $0.2715 per share, or approximately $3.26 annualized, representing a yield of about 5.9%. The payment is scheduled for November 13 for shareholders of record October 30. The announcement reinforces the REIT’s appeal to income-focused investors. Realty Income monthly dividend announcement
• Positive Sentiment: Dividend durability remains a key strength: Several comparisons note Realty Income’s record of raising its dividend for more than 31 consecutive years. A separate screen of high-yield stocks identified Realty Income among companies backed by available cash rather than relying solely on an unusually high payout. High-yield dividend stocks with cash to spare
• Neutral Sentiment: Yield comparisons are mixed: Realty Income’s roughly 6.1% yield is competitive with Amcor, British American Tobacco, Energy Transfer, and Crown Castle, but lower than yields offered by General Mills and Kraft Heinz. MPLX offers faster expected distribution growth, while Realty Income provides a longer dividend-growth history. These articles may increase visibility but do not represent new company-specific catalysts. Realty Income versus other high-yield stocks
• Negative Sentiment: Recent share-price underperformance remains a concern: Realty Income has fallen sharply over the past two months and substantially lagged the S&P 500, prompting debate over whether the sell-off is a buying opportunity. The decline likely keeps investors focused on interest-rate sensitivity and the stock’s relatively modest growth outlook. Realty Income sell-off and buying opportunity

Realty Income Company Profile

Realty Income Corporation is a real estate investment trust (REIT) that acquires, owns, and manages commercial properties leased to businesses under long-term agreements. The company is widely known as “The Monthly Dividend Company” for its focus on providing regular monthly dividend payments to shareholders.

Most of Realty Income’s properties are operated under single-tenant, triple-net lease arrangements. Under these agreements, tenants generally are responsible for property taxes, insurance, and maintenance expenses, while Realty Income collects contractual rent.