Michelle Bushore Sells 7,400 Shares of Realty Income (NYSE:O) Stock

Realty Income Corporation (NYSE:O) insider Michelle Bushore sold 7,400 shares of Realty Income stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the completion of the transaction, the insider owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. The trade was a 9.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Realty Income Stock Up 0.0%

Shares of Realty Income stock opened at $62.23 on Friday. The stock has a market capitalization of $58.03 billion, a price-to-earnings ratio of 53.19, a PEG ratio of 4.71 and a beta of 0.79. Realty Income Corporation has a twelve month low of $50.71 and a twelve month 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 business’s 50 day simple moving average is $63.56 and its 200-day simple moving average is $60.18.

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

Realty Income Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.2705 per share. This is an increase from Realty Income’s previous monthly dividend of $0.27. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Tuesday, March 31st. Realty Income’s payout ratio is currently 277.78%.

Hedge Funds Weigh In On Realty Income

Several large investors have recently bought and sold shares of the stock. DGS Capital Management LLC raised its position in shares of Realty Income by 4.3% during the 4th quarter. DGS Capital Management LLC now owns 3,836 shares of the real estate investment trust’s stock worth $216,000 after buying an additional 158 shares in the last quarter. Patrick M Sweeney & Associates Inc. boosted its holdings in shares of Realty Income by 4.5% in the fourth quarter. Patrick M Sweeney & Associates Inc. now owns 3,801 shares of the real estate investment trust’s stock valued at $214,000 after acquiring an additional 164 shares in the last quarter. CYBER HORNET ETFs LLC boosted its holdings in shares of Realty Income by 7.4% in the fourth quarter. CYBER HORNET ETFs LLC now owns 2,417 shares of the real estate investment trust’s stock valued at $136,000 after acquiring an additional 166 shares in the last quarter. Sage Private Wealth Group LLC increased its stake in shares of Realty Income by 2.2% during the fourth quarter. Sage Private Wealth Group LLC now owns 7,844 shares of the real estate investment trust’s stock valued at $442,000 after acquiring an additional 170 shares during the period. Finally, Crescent Sterling Ltd. raised its holdings in Realty Income by 4.1% during the third quarter. Crescent Sterling Ltd. now owns 4,515 shares of the real estate investment trust’s stock worth $274,000 after purchasing an additional 176 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analysts Set New Price Targets

O has been the topic of several recent research reports. Loop Capital set a $69.00 price objective on shares of Realty Income in a research report on Monday, March 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Realty Income in a research note on Monday, December 29th. Morgan Stanley lifted their price target on Realty Income from $62.00 to $65.00 and gave the company an “equal weight” rating in a report on Wednesday, December 24th. Royal Bank Of Canada boosted their price objective on Realty Income from $61.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. Finally, Deutsche Bank Aktiengesellschaft raised Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a report on Tuesday, January 20th. Six research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $66.39.

Realty Income News Summary

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

• Positive Sentiment: Large funding package and partnership: Realty Income completed an $800M public bond offering, executed a $1.0B single-tenant retail JV with Apollo, and put on a cross‑currency swap to optimize funding — this improves liquidity and deployment flexibility for growth. Read More.
• Positive Sentiment: Dividend maintained/increased: Management declared a slightly higher monthly payout ($0.2705 vs $0.27), reinforcing Realty Income’s income appeal and supporting demand from dividend-focused investors and funds. Read More.
• Positive Sentiment: Analyst upgrades & institutional buying: Multiple firms (Deutsche Bank, UBS among others) have raised ratings/targets and major institutions (Vanguard, State Street, Morgan Stanley) increased positions — a supportive backdrop for longer‑term valuation.
• Neutral Sentiment: Positive press flow & investor interest: Seeking Alpha and dividend‑income roundups are highlighting Realty Income as an income-growth REIT, which helps retail sentiment but doesn’t change fundamentals immediately. Read More.
• Neutral Sentiment: Short-term price action/coverage: Several outlets note O has recently outperformed peers and is a “trending” stock — useful for sentiment tracking but largely a reflection of trading flows rather than a new catalyst. Read More.
• Negative Sentiment: Insider selling — Michelle Bushore sold 7,400 shares (≈$462k) recently; while not a company‑level red flag, director and other insider sales may weigh on near‑term sentiment if they continue. Read More.
• Negative Sentiment: Other insider activity: Coverage flagged an additional director sale (Gregory McLaughlin), which investors should monitor as repeated insider selling can temper confidence even amid solid fundamentals. Read More.

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.