In the last trading session, 6.35 million Realty Income Corp. (NYSE:O) shares changed hands as the company’s beta touched 0.96. With the company’s per share price at $55.02 changed hands at -$0.43 or -0.78% during last session, the market valuation stood at $47.38B. O’s last price was a discount, traded about -16.65% off its 52-week high of $64.18. The share price had its 52-week low at $45.03, which suggests the last value was 18.16% up since then. When we look at Realty Income Corp.’s average trading volume, we note the 3-month average coming to 6.05 million.
Realty Income Corp. (NYSE:O) trade information
Instantly O was in red as seen at the end of in last trading. With action 2.76%, the performance over the past five days has been green. The drop to weekly highs of 55.75 subtracted -0.78% to the stock’s daily price. The company’s shares are showing year-to-date downside of -4.18%, with the 5-day performance at 2.76% in the green. However, in the 30-day time frame, Realty Income Corp. (NYSE:O) is 2.57% up.
Realty Income Corp. (O) estimates and forecasts
Data shows that the Realty Income Corp. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 8.20% over the past 6 months, a 4.00% in annual growth rate that is considerably higher than the industry average of -1.10%. Year-over-year growth is forecast to reach 21.00% up from the last financial year.
Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of 1.26B. 10 analysts are of the opinion that Realty Income Corp.’s revenue for the current quarter will be 1.27B. The company’s revenue for the corresponding quarters a year ago was 948.36M and 1.04B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 32.40%. The estimates for the next quarter sales put growth at 22.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.02%. The 2024 estimates are for Realty Income Corp. earnings to increase by 22.89%, but the outlook for the next 5-year period is at 22.62% per year.
O Dividends
Realty Income Corp. is expected to release its next quarterly earnings report in June. The 5.59% annual yield figure for the share gives it an annual dividend of 3.07. It is important to note, however, that the 5.59% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
