Realty Income (NYSE:O) Given New $72.00 Price Target at UBS Group

Realty Income (NYSE:O) had its target price boosted by UBS Group from $66.00 to $72.00 in a research report report published on Monday morning,Benzinga reports. They currently have a buy rating on the real estate investment trust’s stock.

Other equities analysts also recently issued reports about the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Realty Income in a report on Monday, December 29th. Wall Street Zen raised shares of Realty Income from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Morgan Stanley boosted their target price on Realty Income from $62.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 24th. Royal Bank Of Canada increased their price target on Realty Income from $61.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Finally, Loop Capital set a $69.00 price target on Realty Income in a research note on Monday, March 2nd. Six research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $65.61.

Realty Income Stock Performance

NYSE:O opened at $64.87 on Monday. The firm has a market capitalization of $60.49 billion, a PE ratio of 55.45, a PEG ratio of 3.87 and a beta of 0.77. The stock’s fifty day moving average is $62.32 and its 200 day moving average is $59.73. Realty Income has a fifty-two week low of $50.71 and a fifty-two week high of $67.93. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.40 and a current ratio of 1.40.

Realty Income (NYSE:O) last posted its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 EPS for the quarter, hitting the consensus estimate of $1.08. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period in the previous year, the firm earned $1.05 earnings per share. Realty Income’s quarterly revenue was up 11.0% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, sell-side analysts anticipate that Realty Income will post 4.19 earnings per share for the current year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 5.0%. Realty Income’s dividend payout ratio (DPR) is 276.92%.

Institutional Investors Weigh In On Realty Income

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in Realty Income by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock worth $8,478,910,000 after buying an additional 684,949 shares in the last quarter. State Street Corp boosted its position in Realty Income by 0.8% during the 4th quarter. State Street Corp now owns 63,559,987 shares of the real estate investment trust’s stock valued at $3,599,676,000 after acquiring an additional 531,095 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Realty Income by 2.8% in the 4th quarter. Geode Capital Management LLC now owns 29,206,196 shares of the real estate investment trust’s stock valued at $1,655,991,000 after acquiring an additional 793,100 shares during the period. Morgan Stanley increased its holdings in shares of Realty Income by 21.6% in the 4th quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock valued at $1,031,080,000 after acquiring an additional 3,252,091 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Realty Income by 1.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 12,863,638 shares of the real estate investment trust’s stock worth $725,144,000 after acquiring an additional 192,467 shares in the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

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.