Realty Income (NYSE:O) Given New $56.00 Price Target at Barclays

Realty Income (NYSE:O - Free Report) had its price objective decreased by Barclays from $59.00 to $56.00 in a research note released on Tuesday morning,Benzinga reports. Barclays currently has an equal weight rating on the real estate investment trust's stock.

Other equities analysts have also recently issued research reports about the stock. UBS Group cut their price target on shares of Realty Income from $72.00 to $71.00 and set a "buy" rating for the company in a research note on Thursday, November 14th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Realty Income in a report on Wednesday, December 11th. They issued a "hold" rating and a $62.00 price objective for the company. Scotiabank decreased their price objective on shares of Realty Income from $61.00 to $59.00 and set a "sector perform" rating for the company in a report on Thursday, January 16th. Stifel Nicolaus reduced their target price on shares of Realty Income from $70.00 to $66.50 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $62.00 price objective on shares of Realty Income in a research report on Monday, January 27th. Twelve equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $61.81.

Realty Income Stock Down 0.3 %

Shares of Realty Income stock traded down $0.16 during trading hours on Tuesday, reaching $54.14. The company's stock had a trading volume of 4,544,045 shares, compared to its average volume of 4,456,966. Realty Income has a one year low of $50.65 and a one year high of $64.88. The company has a market capitalization of $47.38 billion, a P/E ratio of 51.56, a P/E/G ratio of 1.94 and a beta of 1.00. The stock's fifty day simple moving average is $54.08 and its two-hundred day simple moving average is $58.29. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40.

Realty Income Dividend Announcement

The business also recently announced a feb 25 dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be issued a $0.264 dividend. This represents a dividend yield of 5.9%. The ex-dividend date is Monday, February 3rd. Realty Income's payout ratio is currently 301.91%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Rosenberg Matthew Hamilton lifted its position in shares of Realty Income by 75.4% in the third quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 211 shares in the last quarter. Sierra Ocean LLC acquired a new stake in Realty Income during the fourth quarter worth about $32,000. Creative Capital Management Investments LLC increased its stake in Realty Income by 133.3% during the third quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust's stock worth $33,000 after acquiring an additional 300 shares during the last quarter. BankPlus Trust Department acquired a new stake in shares of Realty Income in the fourth quarter valued at about $37,000. Finally, ST Germain D J Co. Inc. grew its stake in shares of Realty Income by 306.5% in the fourth quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust's stock valued at $40,000 after buying an additional 567 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company's stock.

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.