Realty Income (NYSE:O) Now Covered by Analysts at Huntington

Huntington initiated coverage on shares of Realty Income (NYSE:O) in a research note published on Wednesday morning, MarketBeat Ratings reports. The firm issued an outperform rating and a $70.00 price objective on the real estate investment trust’s stock.

Other equities research analysts have also issued reports about the stock. Mizuho lowered their price target on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Wells Fargo & Company upped their target price on Realty Income from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Robert W. Baird raised their target price on Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a report on Monday, July 6th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Realty Income in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $67.17.

Realty Income Stock Performance

Shares of O stock opened at $63.29 on Wednesday. The business has a fifty day moving average of $61.98 and a 200 day moving average of $62.32. Realty Income has a 1 year low of $55.86 and a 1 year high of $67.93. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market capitalization of $59.02 billion, a price-to-earnings ratio of 51.88, a price-to-earnings-growth ratio of 4.97 and a beta of 0.72.

Realty Income (NYSE:O) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, beating the consensus estimate of $1.10 by $0.03. The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, research analysts expect that Realty Income will post 4.45 earnings per share for the current year.

Realty Income Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be issued a $0.271 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 5.1%. Realty Income’s dividend payout ratio is presently 266.39%.

Institutional Trading of Realty Income

Institutional investors have recently bought and sold shares of the business. Butensky & Cohen Financial Security Inc. raised its stake in shares of Realty Income by 4.3% during the 2nd quarter. Butensky & Cohen Financial Security Inc. now owns 84,716 shares of the real estate investment trust’s stock worth $5,249,000 after buying an additional 3,465 shares during the period. Tema ETFs LLC raised its position in Realty Income by 10.0% during the second quarter. Tema ETFs LLC now owns 15,927 shares of the real estate investment trust’s stock worth $987,000 after acquiring an additional 1,450 shares during the period. Handelsbanken Fonder AB raised its position in Realty Income by 5.6% during the second quarter. Handelsbanken Fonder AB now owns 499,998 shares of the real estate investment trust’s stock worth $30,980,000 after acquiring an additional 26,437 shares during the period. Prosperity Planning Inc. lifted its holdings in Realty Income by 18.6% during the second quarter. Prosperity Planning Inc. now owns 28,772 shares of the real estate investment trust’s stock valued at $1,783,000 after purchasing an additional 4,506 shares in the last quarter. Finally, Scott Capital Advisors LLC lifted its holdings in Realty Income by 12.1% during the second quarter. Scott Capital Advisors LLC now owns 13,402 shares of the real estate investment trust’s stock valued at $830,000 after purchasing an additional 1,449 shares in the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Realty Income

Here are the key news stories impacting Realty Income this week:

• Positive Sentiment: Realty Income was initiated by Huntington with an “outperform” rating and a $70 price target, signaling meaningful upside from current levels. Huntington coverage
• Positive Sentiment: Wells Fargo raised its price target on O from $64 to $65, reinforcing a positive outlook even though it kept an “equal weight” rating. Wells Fargo price target raise
• Positive Sentiment: A cooler-than-expected June CPI report reduced expectations for additional rate hikes, which is favorable for rate-sensitive REITs like Realty Income because lower rates can improve financing conditions and boost income-investor demand. CPI article
• Neutral Sentiment: Realty Income also drew attention in several dividend-income and “safe yield” articles, which may keep the stock on investors’ radar, but these pieces are mostly promotional and do not add new company-specific fundamentals. Dividend stock article
• Neutral Sentiment: Recent coverage also highlighted Realty Income’s improved liquidity, including larger revolving credit facilities and commercial paper capacity, which supports growth and balance-sheet flexibility. Liquidity article

About Realty Income

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.