Realty Income Corp (NYSE:O) announced a apr 13 dividend on Wednesday, March 13th. Stockholders of record on Monday, April 1st will be paid a dividend of $0.18 per share on Monday, April 15th.

Several analysts have also recently commented on the stock. Analysts at Bank of America upgraded shares of Realty Income Corp from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, February 19th. They now have a $57.00 price target on the stock, up previously from $42.00. Analysts at Wells Fargo upgraded shares of Realty Income Corp from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, January 28th.

Two investment analysts have rated the stock with a buy rating, one has assigned an overweight rating, seven have given a hold rating, and one has issued a sell rating to the company’s stock. Realty Income Corp currently has an average rating of “hold” and an average target price of $40.93.

Realty Income Corp (O) traded down 0.51% on Wednesday, hitting $44.44. Realty Income Corp (O) has a 52-week low of $36.87 and a 52-week high of $46.65. The stock’s 50-day moving average is currently $44.46. The company has a market cap of $7.951 billion and a price-to-earnings ratio of 52.00.

Realty Income Corp last posted its quarterly earnings results on Thursday, February 14th. The company reported $0.55 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.54 by $0.01. The company had revenue of $130.10 million for the quarter, compared to the consensus estimate of $124.90 million. During the same quarter in the prior year, the company posted $0.51 earnings per share. The company’s quarterly revenue was up 16.4% on a year-over-year basis. Realty Income Corp has set its FY13 guidance at $2.32-2.38 EPS. On average, analysts predict that Realty Income Corp (O) will post $2.38 earnings per share for the current fiscal year.

Realty Income Corporation is organized to operate as an equity real estate investment trust (REIT). The Company’s primary business objective is to generate dependable monthly cash distributions from a consistent and predictable level of funds from operations (FFO) per share.

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