Realty Income (NYSE:O) Stock Gets Price Target Cut from Mizuho

Realty Income (NYSE:O) had its target price trimmed by Mizuho from $61.00 to $59.00 in a report issued on Monday morning,Benzinga reports. The brokerage currently has a neutral rating on the real estate investment trust’s stock.

O has been the topic of several other research reports. Evercore set a $65.00 price target on shares of Realty Income in a research report on Monday, September 21st. Royal Bank Of Canada cut their price objective on shares of Realty Income from $71.00 to $70.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Huntington initiated coverage on shares of Realty Income in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 price objective for the company. Wells Fargo & Company lowered their target price on shares of Realty Income from $65.00 to $64.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st. Finally, Robert W. Baird raised their price target on Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.34.

Realty Income Trading Down 1.8%

Shares of O opened at $55.30 on Monday. The business has a 50-day moving average of $58.29 and a 200 day moving average of $61.22. Realty Income has a fifty-two week low of $53.15 and a fifty-two week high of $67.93. The firm has a market cap of $52.33 billion, a P/E ratio of 12.86, a price-to-earnings-growth ratio of 4.40 and a beta of 0.69. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88.

Realty Income (NYSE:O) last announced its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.09. The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Realty Income had a return on equity of 3.12% and a net margin of 20.93%. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, research analysts forecast that Realty Income will post 4.44 EPS for the current year.

Realty Income Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be issued a $0.2715 dividend. This represents a $3.26 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Friday, October 30th. Realty Income’s dividend payout ratio is presently 237.96%.

Hedge Funds Weigh In On Realty Income

Several hedge funds have recently bought and sold shares of the company. QRG Capital Management Inc. increased its holdings in Realty Income by 12.7% during the 2nd quarter. QRG Capital Management Inc. now owns 84,300 shares of the real estate investment trust’s stock valued at $5,223,000 after purchasing an additional 9,518 shares during the period. Meiji Yasuda Asset Management Co Ltd. bought a new position in Realty Income during the 2nd quarter valued at approximately $17,203,000. Renaissance Technologies LLC bought a new position in Realty Income during the 1st quarter valued at approximately $3,147,000. M3 Wealth Management LLC purchased a new stake in Realty Income in the 2nd quarter worth approximately $2,665,000. Finally, Bank of America Corp DE lifted its holdings in Realty Income by 10.3% in the 2nd quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust’s stock worth $1,184,551,000 after buying an additional 1,785,859 shares during the period. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Key Realty Income News

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

• Positive Sentiment: Realty Income’s record of more than 135 dividend increases and monthly distributions reinforces its appeal to income-focused and retirement investors. However, the sustainability of future increases depends more on recurring funds from operations than on GAAP earnings. 135 Dividend Increases and Counting: What Realty Income’s Streak Tells Investors
• Positive Sentiment: Some income-investing coverage describes Realty Income as a pressured, potentially bargain-priced opportunity, with its lower valuation and dividend yield offering long-term investors a possible entry point if interest rates stabilize or decline. 2 Income Favorites Now At Bargain Prices
• Neutral Sentiment: Realty Income is receiving heightened investor attention, but the latest discussion largely focuses on the factors investors should examine—including earnings quality, interest rates, valuation, occupancy, and dividend coverage—rather than announcing a new company-specific catalyst. What to Know Beyond Why Realty Income Is a Trending Stock
• Negative Sentiment: Analysts note that the yield spread between Realty Income’s dividend and Treasury securities has nearly disappeared. That reduces the compensation investors receive for taking REIT-specific risk and can pressure the share price, particularly while rates remain elevated.
• Negative Sentiment: Coverage highlights recurring GAAP earnings shortfalls and questions whether the long dividend-increase streak is being overemphasized relative to underlying cash-flow growth. This may limit enthusiasm despite the company’s established payout record.
• Negative Sentiment: Several articles argue that REITs such as Realty Income could continue to struggle if interest rates rise, while business development companies such as Ares Capital may benefit from higher rates. Other high-yield REITs are also being promoted as offering better yields, faster payout growth, or more favorable tenant exposure, increasing competition for income-oriented capital. Should You Forget Realty Income and Buy a BDC Instead? Four High-Yield REITs Considered Better Buys

About Realty Income

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily invests in single-tenant properties that are leased to businesses under long-term, net lease agreements, under which tenants generally are responsible for property taxes, insurance and maintenance.

Its portfolio includes retail, grocery, convenience store, industrial, distribution and other commercial properties. Realty Income serves a broad range of tenants and seeks to generate recurring rental income through long-term leases.