Realty Income Co. (NYSE:O) Given Average Recommendation of "Hold" by Brokerages

Realty Income Co. (NYSE:O - Get Free Report) has been given an average rating of "Hold" by the thirteen analysts that are presently covering the stock, Marketbeat.com reports. Ten analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $62.21.

Several brokerages have weighed in on O. Deutsche Bank Aktiengesellschaft began coverage on Realty Income in a report on Wednesday, December 11th. They set a "hold" rating and a $62.00 price objective for the company. Mizuho dropped their price objective on Realty Income from $60.00 to $54.00 and set a "neutral" rating for the company in a report on Wednesday, January 8th. UBS Group decreased their target price on Realty Income from $72.00 to $71.00 and set a "buy" rating for the company in a research report on Thursday, November 14th. Stifel Nicolaus decreased their target price on Realty Income from $70.00 to $66.50 and set a "buy" rating for the company in a research report on Wednesday, January 8th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $62.00 target price on shares of Realty Income in a research report on Monday, January 27th.

Institutional Investors Weigh In On Realty Income

A number of large investors have recently added to or reduced their stakes in O. Whittier Trust Co. grew its holdings in Realty Income by 4.5% in the 3rd quarter. Whittier Trust Co. now owns 3,871 shares of the real estate investment trust's stock valued at $245,000 after buying an additional 166 shares in the last quarter. Greenleaf Trust grew its holdings in Realty Income by 1.0% in the 3rd quarter. Greenleaf Trust now owns 16,911 shares of the real estate investment trust's stock valued at $1,072,000 after buying an additional 170 shares in the last quarter. Buckley Wealth Management LLC grew its holdings in Realty Income by 1.9% in the 3rd quarter. Buckley Wealth Management LLC now owns 9,450 shares of the real estate investment trust's stock valued at $599,000 after buying an additional 176 shares in the last quarter. Tcfg Wealth Management LLC grew its holdings in Realty Income by 2.9% in the 4th quarter. Tcfg Wealth Management LLC now owns 6,678 shares of the real estate investment trust's stock valued at $357,000 after buying an additional 186 shares in the last quarter. Finally, Romano Brothers AND Company grew its holdings in Realty Income by 2.0% in the 4th quarter. Romano Brothers AND Company now owns 10,194 shares of the real estate investment trust's stock valued at $544,000 after buying an additional 200 shares in the last quarter. Institutional investors own 70.81% of the company's stock.

Realty Income Price Performance

Shares of Realty Income stock traded up $0.84 during trading on Monday, reaching $56.51. The company's stock had a trading volume of 5,213,961 shares, compared to its average volume of 4,614,123. The stock has a market capitalization of $49.46 billion, a P/E ratio of 53.82, a price-to-earnings-growth ratio of 1.98 and a beta of 1.00. Realty Income has a one year low of $50.65 and a one year high of $64.88. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. The stock has a 50-day moving average price of $53.85 and a two-hundred day moving average price of $58.10.

Realty Income Increases Dividend

The firm also recently declared a mar 25 dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be paid a $0.268 dividend. This represents a yield of 5.7%. The ex-dividend date is Monday, March 3rd. This is a boost from Realty Income's previous mar 25 dividend of $0.26. Realty Income's dividend payout ratio is 301.91%.

Realty Income Company Profile

Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust ("REIT"), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients.