Realty Income Corporation (NYSE:O) Stock Has Consensus Price Target of $71.81

Realty Income Corporation (NYSE:O) has been given an average recommendation of “Moderate Buy” by the eighteen research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, five have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $71.51.

O has been the topic of several research reports. Royal Bank Of Canada boosted their price objective on shares of Realty Income from $60.00 to $61.00 and gave the stock an “outperform” rating in a research note on Tuesday. Weiss Ratings cut Realty Income from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 30th. Mizuho set a $187.00 target price on Realty Income in a report on Monday, October 19th. Huntington initiated coverage on shares of Realty Income in a research report on Monday, November 2nd. They set a “strong-buy” rating on the stock. Finally, Truist Financial upgraded Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 14th.

Hedge Funds Weigh In On Realty Income

Institutional investors and hedge funds have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC grew its stake in shares of Realty Income by 3.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 55,533 shares of the real estate investment trust’s stock valued at $2,973,000 after buying an additional 2,008 shares during the period. Pictet Asset Management Holding SA raised its holdings in Realty Income by 17.5% during the 3rd quarter. Pictet Asset Management Holding SA now owns 520,679 shares of the real estate investment trust’s stock valued at $28,273,000 after buying an additional 77,368 shares during the last quarter. International Assets Investment Management LLC raised its holdings in Realty Income by 165.1% in the third quarter. International Assets Investment Management LLC now owns 25,000 shares of the real estate investment trust’s stock worth $1,358,000 after purchasing an additional 15,569 shares in the last quarter. Pathway Financial Advisers LLC grew its position in Realty Income by 3.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 106,492 shares of the real estate investment trust’s stock valued at $5,782,000 after purchasing an additional 3,296 shares during the last quarter. Finally, Chicago Partners Investment Group LLC grew its stake in shares of Realty Income by 290.3% in the third quarter. Chicago Partners Investment Group LLC now owns 41,929 shares of the real estate investment trust’s stock worth $2,385,000 after acquiring an additional 31,185 shares during the period. Institutional investors own 70.81% of the company’s stock.

Key Headlines Impacting Realty Income

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

• Positive Sentiment: Realty Income’s third-quarter 2026 report showed AFFO of $1.12 per share, and management raised its full-year AFFO outlook. The news prompted a rally after the results, reinforcing the appeal of the REIT’s steady, dividend-focused business. Realty Income stock climbs on Q3 earnings and higher AFFO outlook
• Positive Sentiment: Huntington raised its earnings estimates for several upcoming quarters and for full-year 2027 and 2028, and maintained a “Strong Buy” rating—an encouraging signal about expected earnings growth. Realty Income analyst estimates
• Neutral Sentiment: The company adopted a 2026 employee incentive award plan. This is a routine compensation-related development, with no material financial impact described. Realty Income adopts 2026 employee incentive award plan
• Negative Sentiment: Cantor Fitzgerald cut its price target from $68 to $63 and moved to a “Neutral” rating. Although the revised target still implied upside from the cited share price, the downgrade may temper investor enthusiasm. Cantor Fitzgerald stock recommendations

Realty Income Stock Down 0.7%

O opened at $59.07 on Wednesday. The firm has a market cap of $55.89 billion, a price-to-earnings ratio of 13.03, a PEG ratio of 4.50 and a beta of 0.65. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88. Realty Income has a twelve month low of $53.15 and a twelve month high of $67.93. The firm’s 50-day simple moving average is $57.10 and its 200-day simple moving average is $61.55.

Realty Income (NYSE:O) last posted its quarterly earnings results on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.02. The business had revenue of $1.62 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Realty Income had a return on equity of 3.30% and a net margin of 21.85%. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.08 EPS. Equities research analysts anticipate that Realty Income will post 4.52 EPS for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be paid a $0.2715 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $3.26 annualized dividend and a dividend yield of 5.5%. Realty Income’s dividend payout ratio is presently 224.83%.

About Realty Income

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages commercial properties leased to businesses. Its portfolio includes retail, industrial, gaming, and other properties, typically leased under long-term net lease agreements in which tenants are responsible for many property operating expenses.

Founded in 1969, Realty Income is known as “The Monthly Dividend Company” for its monthly dividend payments. The company serves tenants across the United States and has expanded its property portfolio into Europe.

Realty Income is headquartered in San Diego, California.