Realty Income Corp. (NYSE:O): Buy, Sell Or Hold At $55.21?

In recent trading session, Realty Income Corp. (NYSE:O) saw 2.34 million shares changing hands at last check today with its beta currently measuring 0.95. Company’s recent per share price level of $55.21 trading at $0.3 or 0.55% at last check today assigns it a market valuation of $47.55B. That most recent trading price of O’s stock is at a discount of -16.25% from its 52-week high price of $64.18 and is indicating a premium of 18.44% from its 52-week low price of $45.03. Taking a look at company’s average trading volume of 6.06 million if we extend that period to 3-months.

Realty Income Corp. (NYSE:O) trade information

Upright in the green today for gaining 0.55%, in the last five days O remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $55.21 price level, adding 0.97% to its value on the day. Realty Income Corp.’s shares saw a change of -3.85% in year-to-date performance and have moved 2.80% in past 5-day. Realty Income Corp. (NYSE:O) showed a performance of 4.93% in past 30-days.

Realty Income Corp. (O) estimates and forecasts

Statistics highlight that Realty Income Corp. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 15.05% of value to its shares in past 6 months, showing an annual growth rate of 4.00% while that of industry is -1.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 21.00% from the last financial year’s standing.

10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.2B for the same. And 10 analysts are in estimates of company making revenue of 1.26B in the next quarter. Company posted 907.67M and 948.36M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -0.02% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 22.89% while estimates for its earnings growth in next 5 years are of 22.62%.

O Dividends

Realty Income Corp. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.