Realty Income (NYSE:O) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Realty Income (NYSE:O) had its target price increased by research analysts at Wells Fargo & Company from $64.00 to $65.00 in a note issued to investors on Wednesday, Marketbeat reports. The firm currently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price target points to a potential downside of 1.09% from the stock’s current price.

Other analysts also recently issued reports about the company. Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a research note on Wednesday, July 8th. Royal Bank Of Canada boosted their price objective on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Mizuho decreased their price objective on Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Finally, Barclays raised 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. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $67.17.

Realty Income Trading Up 3.9%

Shares of Realty Income stock opened at $65.72 on Wednesday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The company has a fifty day simple moving average of $62.05 and a 200-day simple moving average of $62.39. The stock has a market cap of $61.28 billion, a price-to-earnings ratio of 53.87, a PEG ratio of 4.93 and a beta of 0.72. Realty Income has a 12-month low of $55.86 and a 12-month high of $67.93.

Realty Income (NYSE:O) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the business earned $1.06 EPS. Realty Income’s revenue for the quarter 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 analysts forecast that Realty Income will post 4.45 EPS for the current fiscal year.

Institutional Trading of Realty Income

Several institutional investors and hedge funds have recently added to or reduced their stakes in O. Vanguard Group Inc. lifted its position 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 valued at $8,478,910,000 after purchasing an additional 684,949 shares during the period. Pensionfund PDN acquired a new position in Realty Income during the 4th quarter worth approximately $7,434,000. Sound Income Strategies LLC increased its position in Realty Income by 8.2% during the 4th quarter. Sound Income Strategies LLC now owns 352,918 shares of the real estate investment trust’s stock worth $21,676,000 after purchasing an additional 26,890 shares during the period. LDR Capital Management LLC raised its stake in shares of Realty Income by 117.6% during the 4th quarter. LDR Capital Management LLC now owns 29,285 shares of the real estate investment trust’s stock worth $1,651,000 after buying an additional 15,825 shares in the last quarter. Finally, Danske Bank A S raised its stake in shares of Realty Income by 20.3% during the 4th quarter. Danske Bank A S now owns 568,121 shares of the real estate investment trust’s stock worth $32,025,000 after buying an additional 95,773 shares in the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Realty Income News Roundup

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

• Positive Sentiment: Cooling inflation is helping boost sentiment toward Realty Income, a rate-sensitive REIT, because lower inflation can reduce pressure on interest rates and improve the appeal of dividend-paying real estate stocks. Realty Income Is the Dividend Stock I’d Buy as Cooling Inflation Turns Into a Tailwind
• Positive Sentiment: Huntington initiated coverage on Realty Income with an outperform rating and a $70 price target, signaling confidence that the stock can rally further from recent levels. Realty Income (NYSE:O) Now Covered by Analysts at Huntington
• Positive Sentiment: Wells Fargo raised its price target on Realty Income to $65, reflecting continued analyst support even though the firm kept an equal weight rating. Realty Income price target raised by Wells Fargo
• Neutral Sentiment: Additional articles highlighted Realty Income as a reliable dividend stock and one of the safer ultra-high-yield income names, which reinforces its defensive income-investor appeal but does not add a new catalyst. There Are 300 Ultra-High-Yield Dividend Stocks on Wall Street — but These 2 Are Arguably the Safest of the Bunch
• Neutral Sentiment: Market commentary also pointed to Realty Income as a beneficiary of the June CPI report, since cooler inflation could make rate cuts more likely and support REIT valuations. CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks (O)

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.