Realty Income Corp. (NYSE:O) has a beta value of 0.92 and has seen 6.56 million shares traded in the last trading session. The company, currently valued at $46.77B, closed the last trade at $54.31 per share which meant it gained $0.6 on the day or 1.12% during that session. The O stock price is -18.17% off its 52-week high price of $64.18 and 17.09% above the 52-week low of $45.03. The 3-month trading volume is 6.18 million shares.

Realty Income Corp. (NYSE:O) trade information

Sporting 1.12% in the green in last session, the stock has traded in the green over the last five days, when the O stock price touched $54.31 or saw a rise of 0.42%. Year-to-date, Realty Income Corp. shares have moved -5.42%, while the 5-day performance has seen it change 1.84%. Over the past 30 days, the shares of Realty Income Corp. (NYSE:O) have changed 0.39%.

Realty Income Corp. (O) estimates and forecasts

Figures show that Realty Income Corp. shares have outperformed across the wider relevant industry. The company’s shares have gained 9.08% over the past 6 months, with this year growth rate of 4.00%, compared to -1.10% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 14.70% and 31.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 21.00%.

10 analysts offering their estimates for the company have set an average revenue estimate of $1.2 billion for the current quarter. 10 have an estimated revenue figure of $1.26 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $907.67 million and $948.36 million respectively for this quarter and the next, and analysts expect sales will grow by 32.60% for the current quarter and 32.40% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -0.02% over the past 5 years. Earnings growth for 2024 is a modest 22.89% while over the next 5 years, the company’s earnings are expected to increase by 22.62%.

O Dividends

Realty Income Corp. is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.82 at a share yield of 5.19%. The company’s dividend yield has gone up over the past 12 months.