Realty Income (NYSE:O) Coverage Initiated by Analysts at Huntington Sec

Huntington Sec began coverage on shares of Realty Income (NYSE:O) in a report issued on Monday morning,Zacks reports. The firm issued a strong-buy rating on the real estate investment trust’s stock.

A number of other brokerages have also issued reports on O. Huntington started coverage on shares of Realty Income in a research note on Wednesday, July 15th. They set an “outperform” rating and a $70.00 price target on the stock. Mizuho set a $187.00 price objective on shares of Realty Income in a research note on Monday, October 19th. Stifel Nicolaus set a $63.75 price objective on shares of Realty Income in a report on Friday, October 9th. Royal Bank Of Canada lifted their price objective on shares of Realty Income from $60.00 to $61.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Truist Financial raised shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 14th. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $71.81.

Realty Income Price Performance

O stock opened at $57.53 on Monday. 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 company has a market capitalization of $54.44 billion, a PE ratio of 39.68, a P/E/G ratio of 4.50 and a beta of 0.65. Realty Income has a 12-month low of $53.15 and a 12-month high of $67.93. The business’s fifty day moving average price is $57.29 and its 200 day moving average price is $61.58.

Realty Income (NYSE:O) last posted its earnings results on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.02. Realty Income had a return on equity of 3.30% and a net margin of 21.85%. The firm had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the company earned $1.08 EPS. Realty Income’s revenue was up 10.3% on a year-over-year basis. On average, sell-side analysts anticipate that Realty Income will post 4.45 EPS for the current year.

Realty Income Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be paid a dividend of $0.2715 per share. This represents a $3.26 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Friday, October 30th. Realty Income’s payout ratio is presently 237.96%.

Institutional Investors Weigh In On Realty Income

Several large investors have recently bought and sold shares of O. Tactive Advisors LLC grew its position in Realty Income by 1.8% during the second quarter. Tactive Advisors LLC now owns 9,239 shares of the real estate investment trust’s stock worth $572,000 after buying an additional 163 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in shares of Realty Income by 5.2% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 4,242 shares of the real estate investment trust’s stock worth $230,000 after acquiring an additional 208 shares in the last quarter. Florida Trust Wealth Management Co boosted its stake in shares of Realty Income by 0.5% during the 2nd quarter. Florida Trust Wealth Management Co now owns 41,359 shares of the real estate investment trust’s stock worth $2,563,000 after acquiring an additional 219 shares in the last quarter. TD Waterhouse Canada Inc. grew its holdings in shares of Realty Income by 2.6% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 8,797 shares of the real estate investment trust’s stock worth $544,000 after acquiring an additional 225 shares during the period. Finally, Summit Wealth Group LLC Co. grew its holdings in shares of Realty Income by 4.8% in the 2nd quarter. Summit Wealth Group LLC Co. now owns 4,893 shares of the real estate investment trust’s stock worth $303,000 after acquiring an additional 226 shares during the period. Hedge funds and other institutional investors own 70.81% of the company’s stock.

More Realty Income News

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

• Positive Sentiment: Third-quarter adjusted funds from operations (AFFO) was $1.12 per share, up 3.7% year over year and ahead of the $1.11 consensus estimate. Revenue increased 10.3% to $1.62 billion, also topping expectations. Zacks Q3 results
• Positive Sentiment: Management raised 2026 AFFO guidance to $4.45–$4.46 per share and is targeting $10 billion in investments this year. The company invested $2.6 billion in the quarter at a 6.8% initial yield; European investments reached $940 million at a 7.1% cash yield. Investment target and guidance
• Positive Sentiment: Realty Income raised its monthly dividend again and has now made 676 consecutive monthly payments. Its dividend payout was about 73% of AFFO, offering evidence of coverage from operating cash flow. Dividend and cash-flow coverage
• Positive Sentiment: Royal Bank of Canada raised its price target to $61 and maintained an “outperform” rating; Wall Street brokerages collectively now rate the shares “Moderate Buy.” RBC analyst action
• Negative Sentiment: Despite portfolio expansion and high occupancy, AFFO per share growth was only 3.7%. That modest pace helps explain why strong quarterly results may not be enough to drive a stronger market reaction. Growth limitations
• Negative Sentiment: Higher U.S. borrowing costs remain a headwind: they can raise funding expenses and make it harder for Realty Income to invest at spreads that support attractive growth. Funding flexibility and borrowing costs

About Realty Income

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily invests in single-tenant properties that are leased to businesses under long-term, net lease agreements, under which tenants generally are responsible for property taxes, insurance and maintenance.

Its portfolio includes retail, grocery, convenience store, industrial, distribution and other commercial properties. Realty Income serves a broad range of tenants and seeks to generate recurring rental income through long-term leases.