Brokerages Set Realty Income Corporation (NYSE:O) Price Target at $66.39

Shares of Realty Income Corporation (NYSE:O) have been assigned an average recommendation of “Hold” from the sixteen analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $66.3929.

Several analysts have commented on O shares. Freedom Capital downgraded shares of Realty Income from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. UBS Group increased their price objective on shares of Realty Income from $66.00 to $72.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Stifel Nicolaus raised their price objective on shares of Realty Income from $67.75 to $70.50 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Loop Capital set a $69.00 target price on Realty Income in a report on Monday, March 2nd. Finally, Scotiabank upped their price objective on Realty Income from $67.00 to $69.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, March 11th.

Key Realty Income News

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

• Positive Sentiment: Realty Income formed a $1.0 billion joint venture with Apollo-managed funds, with Apollo taking a ~49% stake in a new retail portfolio JV — this brings large, non-dilutive capital, enables asset monetization and portfolio recycling, and reduces near-term funding needs for growth/dividends. Realty Income, Apollo Form $1B Joint Venture for Retail Portfolio
• Positive Sentiment: Multiple income-focused outlets are reiterating Realty Income as a top monthly/dividend pick, which can attract yield-seeking investors and support demand for the stock over time. Want $100 in Super-Safe Monthly Dividend Income? Invest $11,955 Into These 2 High-Octane Income Stocks Yielding an Average of 10.04%!
• Neutral Sentiment: A report notes Apollo Global recently capped redemptions in one of its debt vehicles after heavy withdrawal requests — this raises a watch item on Apollo liquidity/flow but does not directly negate the announced JV funding. Investors should monitor Apollo developments as a background risk. Apollo Global (APO) Caps Redemptions at 5% for Apollo Debt Solutions
• Neutral Sentiment: Market reports note the stock bounced after several down sessions, suggesting short-term technical repair rather than a new fundamental trend. Volume remains below average, so moves may lack conviction until higher-volume follow-through. Realty Income rises after six sessions of decline
• Negative Sentiment: Prior to the bounce, Realty Income experienced multiple sessions of red trading (reported as seven sessions in some coverage), reflecting recent selling pressure that could persist if macro or rate concerns re-emerge. Realty Income trades in red for seven sessions

Realty Income Stock Performance

O stock opened at $60.25 on Tuesday. Realty Income has a 1-year low of $50.71 and a 1-year high of $67.93. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.72. The firm has a market cap of $56.18 billion, a PE ratio of 51.50, a P/E/G ratio of 4.45 and a beta of 0.77. The business’s 50-day moving average price is $63.53 and its two-hundred day moving average price is $60.11.

Realty Income (NYSE:O) last released its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 EPS for the quarter, hitting analysts’ consensus estimates of $1.08. Realty Income had a return on equity of 2.68% and a net margin of 18.41%.The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter last year, the firm posted $1.05 earnings per share. Realty Income’s revenue was up 11.0% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. As a group, research analysts forecast that Realty Income will post 4.19 earnings per share for the current year.

Realty Income Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.2705 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. This is a boost from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date is Tuesday, March 31st. Realty Income’s dividend payout ratio is 276.92%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in O. DGS Capital Management LLC lifted its position in Realty Income by 4.3% during the 4th quarter. DGS Capital Management LLC now owns 3,836 shares of the real estate investment trust’s stock worth $216,000 after buying an additional 158 shares in the last quarter. Patrick M Sweeney & Associates Inc. grew its holdings in shares of Realty Income by 4.5% in the 4th quarter. Patrick M Sweeney & Associates Inc. now owns 3,801 shares of the real estate investment trust’s stock valued at $214,000 after acquiring an additional 164 shares in the last quarter. CYBER HORNET ETFs LLC increased its position in shares of Realty Income by 7.4% in the fourth quarter. CYBER HORNET ETFs LLC now owns 2,417 shares of the real estate investment trust’s stock valued at $136,000 after acquiring an additional 166 shares during the last quarter. Sage Private Wealth Group LLC increased its position in shares of Realty Income by 2.2% in the fourth quarter. Sage Private Wealth Group LLC now owns 7,844 shares of the real estate investment trust’s stock valued at $442,000 after acquiring an additional 170 shares during the last quarter. Finally, Crescent Sterling Ltd. raised its holdings in Realty Income by 4.1% during the third quarter. Crescent Sterling Ltd. now owns 4,515 shares of the real estate investment trust’s stock worth $274,000 after acquiring an additional 176 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

About Realty Income

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.