Realty Income Corp. (NYSE:O)’s traded shares stood at 5.98 million during the last session, with the company’s beta value hitting 0.99. At the close of trading, the stock’s price was $61.31, to imply a decrease of -3.16% or -$2.0 in intraday trading. The O share’s 52-week high remains $64.88, putting it -5.82% down since that peak but still an impressive 26.55% since price per share fell to its 52-week low of $45.03. The company has a valuation of $53.39B, with an average of 3.46 million shares in intraday trading volume over the past 10 days and average of 4.63 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Realty Income Corp. (O), translating to a mean rating of 2.33. Of 7 analyst(s) looking at the stock, 0 analyst(s) give O a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.37.

Realty Income Corp. (NYSE:O) trade information

After registering a -3.16% downside in the last session, Realty Income Corp. (O) has traded red over the past five days. The 5-day price performance for the stock is -5.25%, and -1.87% over 30 days. With these gigs, the year-to-date price performance is 6.77%. Short interest in Realty Income Corp. (NYSE:O) saw shorts transact 19.28 million shares and set a 3.99 days time to cover.

The extremes give us $58 and $84 for target low and target high price respectively. As such, O has been trading -37.01% off suggested target high and 5.4% from its likely low.

Realty Income Corp. (O) estimates and forecasts

Looking at statistics comparing Realty Income Corp. share performance against respective industry, we note that the company has outperformed competitors. Realty Income Corp. (O) shares are 14.15% up over the last 6 months, with its year-to-date growth rate higher than industry average at 5.00% against -1.30%. Revenue is forecast to grow 12.10% this quarter before jumping 26.70% for the next one. The rating firms project that company’s revenue will grow 25.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 12 analysts is 1.28B. Meanwhile, for the current quarter, a total of 12 analyst(s) estimate revenue growth to 1.3B.Earnings reports from the last fiscal year show that sales brought in 1.04B and 1.08B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 23.40% before jumping 21.10% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -0.02% for the past 5-year period. While 2024 is set for a -4.64% return in earnings, projections for the next 5 years are at 3.93% annually.

O Dividends

Realty Income Corp. has its next earnings report out on 2024-Nov-04. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Realty Income Corp. has a forward dividend ratio of 3.11, with the share yield ticking at 5.07% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 4.69%.

Realty Income Corp. (NYSE:O)’s Major holders

Realty Income Corp. insiders hold 0.11% of total outstanding shares, with institutional holders owning 78.81% of the shares at 78.90% float percentage. In total, 78.81% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 138.47 million shares (or 16.5842% of shares), all amounting to roughly $7.31 billion.

The next major institution holding the largest number of shares is BLACKROCK INC. with 83.29 million shares, or about 9.9758% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $4.4 billion.