Realty Income (NYSE:O) Price Target Raised to $69.00

Realty Income (NYSE:O) had its target price hoisted by Scotiabank from $67.00 to $69.00 in a research report released on Wednesday,Benzinga reports. They currently have a sector outperform rating on the real estate investment trust’s stock.

O has been the topic of a number of other research reports. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $61.00 target price on shares of Realty Income in a report on Thursday, December 18th. Royal Bank Of Canada upped their target price on Realty Income from $61.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft upgraded Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a research report on Tuesday, January 20th. Mizuho upped their price objective on Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Loop Capital set a $69.00 target price on Realty Income in a research note on Monday, March 2nd. Six analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $66.39.

Realty Income Stock Down 0.9%

O stock opened at $64.42 on Wednesday. The firm has a market cap of $60.07 billion, a price-to-earnings ratio of 55.06, a PEG ratio of 4.83 and a beta of 0.77. Realty Income has a 1-year low of $50.71 and a 1-year high of $67.93. The firm has a fifty day moving average price of $62.95 and a two-hundred day moving average price of $59.89. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.40 and a quick ratio of 1.40.

Realty Income (NYSE:O) last posted its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.08. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The company had revenue of $1.40 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 for the quarter was up 11.0% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. Research analysts predict that Realty Income will post 4.19 EPS 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 given a dividend of $0.2705 per share. This is a boost from Realty Income’s previous monthly dividend of $0.27. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Tuesday, March 31st. Realty Income’s payout ratio is presently 276.92%.

Institutional Trading of Realty Income

Hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC grew its stake in shares of Realty Income by 11.2% in the fourth quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after purchasing an additional 615 shares in the last quarter. Bison Wealth LLC acquired a new position in shares of Realty Income during the fourth quarter valued at $571,000. Empowered Funds LLC increased its holdings in shares of Realty Income by 8.0% during the first quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock valued at $1,041,000 after purchasing an additional 1,330 shares during the period. Woodline Partners LP raised its stake in shares of Realty Income by 41.3% during the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock valued at $4,289,000 after purchasing an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC raised its stake in shares of Realty Income by 14.9% during the first quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after purchasing an additional 3,290 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.

Key Stories Impacting Realty Income

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

• Positive Sentiment: Mizuho increased its price target to $68, signaling stronger analyst conviction on growth from acquisitions and partnerships. Mizuho Raises Price Target
• Positive Sentiment: Scotiabank raised its price target to $69, adding to the street momentum that clusters targets in the high-$60s. Scotiabank Price Target Raise
• Positive Sentiment: Realty Income declared its 134th monthly dividend increase to $0.2705 per share (annualized ~$3.246; ~5% yield), with record date March 31 — supporting the REIT’s income story. Dividend Increase
• Positive Sentiment: Coverage noting stronger balance-sheet capacity and $6.3B of 2025 investments reinforces Realty Income’s ability to fund acquisitions and joint ventures. Balance Sheet Strength
• Neutral Sentiment: Barclays nudged its price target to $65 but kept an “equal weight” rating, implying limited near-term upside from that shop. Barclays Note
• Neutral Sentiment: Broader media pieces and lists highlighting high-yield dividend stocks (including REITs) keep income names in focus, but they also emphasize competition for yield across the sector. Dividend Stocks List
• Negative Sentiment: Valuation and limited upside may be constraining: a high P/E and clustered analyst targets near current levels mean upside from here could be modest, which helps explain downward pressure on the share price today.

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.