Realty Income (NYSE:O) Issues FY 2026 Earnings Guidance

Realty Income (NYSE:O) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 4.410-4.440 for the period, compared to the consensus EPS estimate of 4.450. The company issued revenue guidance of -.

Realty Income Stock Up 0.7%

O stock traded up $0.47 during midday trading on Wednesday, reaching $64.04. The company had a trading volume of 5,074,200 shares, compared to its average volume of 5,073,481. Realty Income has a 1 year low of $54.38 and a 1 year high of $67.93. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $59.71 billion, a P/E ratio of 54.73, a PEG ratio of 4.30 and a beta of 0.75. The company has a 50 day moving average of $63.64 and a two-hundred day moving average of $60.78.

Realty Income (NYSE:O) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the firm earned $1.06 EPS. The company’s revenue was up 12.2% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, equities research analysts expect that Realty Income will post 4.45 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 30th will be given a $0.2705 dividend. The ex-dividend date is Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 5.1%. Realty Income’s dividend payout ratio is presently 277.78%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on O shares. Mizuho increased their target price on shares of Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 11th. Cantor Fitzgerald increased their target price on shares of Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a research report on Friday, February 27th. Barclays increased their target price on shares of Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Realty Income from a “hold” rating to a “buy” rating and set a $69.00 target price for the company in a research report on Tuesday, January 20th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a report on Friday, April 10th. Six research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $66.75.

Insider Activity at Realty Income

In related news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total value of $461,908.00. Following the transaction, the insider directly owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. This trade represents a 9.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.10% of the company’s stock.

More Realty Income News

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

• Positive Sentiment: FFO beat — Realty Income reported funds from operations (FFO) of $1.13/share vs. the Zacks consensus of $1.10, an improvement from $1.06 a year ago; for REIT investors FFO is a key profitability metric and this beat supports dividend coverage and valuation. Realty Income Corp. (O) Q1 FFO and Revenues Beat Estimates
• Positive Sentiment: Revenue and operating strength — Total revenue exceeded expectations ($1.55B vs. ~$1.39B est.) and management described a strong quarter, prompting an upward revision to parts of its outlook; that operational strength is likely the primary catalyst behind today’s positive price action. Realty Income boosts 2026 outlook after strong quarter
• Neutral Sentiment: Market commentary on monthly dividend appeal — Several consumer finance pieces and dividend‑income roundups continue to highlight Realty Income as a core monthly‑payout holding; these stories support investor interest but are not immediate catalysts. Want Reliable Dividend Income in May? These 2 Stocks Deliver
• Negative Sentiment: EPS miss and slightly cautious FY26 guidance — GAAP EPS came in at $0.33 (below the $0.40 consensus), and the updated FY2026 EPS range (4.410–4.440) sits a hair below the Street consensus (~4.450). Those points are weighing on sentiment for investors focused on near‑term EPS and analyst targets. Realty Income reported earnings (MarketBeat)

Institutional Trading of Realty Income

A number of institutional investors and hedge funds have recently modified their holdings of O. EFG International AG bought a new stake in shares of Realty Income during the 4th quarter worth $26,000. Quattro Advisors LLC acquired a new position in Realty Income during the 4th quarter worth $29,000. IFC & Insurance Marketing Inc. acquired a new position in Realty Income during the 4th quarter worth $37,000. Garton & Associates Financial Advisors LLC bought a new stake in Realty Income during the fourth quarter valued at about $46,000. Finally, Wiser Advisor Group LLC bought a new stake in Realty Income during the third quarter valued at about $56,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Company Profile

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.