O Stock - Realty Income Corporation
Unlock GoAI Insights for O
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $5.27B | $4.08B | $3.34B | $2.08B | $1.65B |
| Gross Profit | $4.89B | $3.76B | $3.12B | $1.95B | $1.54B |
| Gross Margin | 92.8% | 92.2% | 93.2% | 93.6% | 93.6% |
| Operating Income | $2.32B | $1.72B | $1.31B | $952.04M | $792.23M |
| Net Income | $860.77M | $872.31M | $869.41M | $359.46M | $395.49M |
| Net Margin | 16.3% | 21.4% | 26.0% | 17.3% | 24.0% |
| EPS | $0.98 | $1.26 | $1.42 | $0.87 | $1.15 |
Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with our commercial clients. To date, the company has declared 608 consecutive common stock monthly dividends throughout its 52-year operating history and increased the dividend 109 times since Realty Income's public listing in 1994 (NYSE: O). The company is a member of the S&P 500 Dividend Aristocrats index. Additional information about the company can be obtained from the corporate website at www.realtyincome.com.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 18th 2025 | JP Morgan | Downgrade | Underweight | $61 |
| October 1st 2025 | Cantor Fitzgerald | Initiation | Neutral | $64 |
| October 1st 2025 | Evercore ISI | Initiation | In-line | $62 |
| July 15th 2025 | Wolfe Research | Downgrade | Peer Perform | - |
| February 25th 2025 | Exane BNP Paribas | Downgrade | Neutral | $61 |
| December 17th 2024 | Barclays | Initiation | Equal Weight | $59 |
| December 11th 2024 | Deutsche Bank | Initiation | Hold | $62 |
| November 14th 2024 | Mizuho | Downgrade | Neutral | $60← $64 |
| August 28th 2024 | Stifel | Reiterated | Buy | $70.25← $67.5 |
| August 19th 2024 | Wedbush | Initiation | Neutral | - |
| August 6th 2024 | Morgan Stanley | Resumed | Equal Weight | $62 |
| June 12th 2024 | KeyBanc Capital Markets | Initiation | Sector Weight | - |
| February 13th 2024 | BMO Capital Markets | Initiation | Market Perform | $57 |
| December 13th 2023 | Exane BNP Paribas | Upgrade | Outperform | $63 |
| December 11th 2023 | Mizuho | Upgrade | Buy | $58← $48 |
Earnings History & Surprises
OEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 23, 2026 | — | — | — | — |
Q4 2025 | Nov 3, 2025 | $0.40 | $0.34 | -14.7% | ✗ MISS |
Q3 2025 | Aug 4, 2025 | $0.40 | $0.22 | -45.3% | ✗ MISS |
Q2 2025 | May 5, 2025 | $0.36 | $0.28 | -22.2% | ✗ MISS |
Q1 2025 | Feb 24, 2025 | $0.38 | $0.23 | -39.5% | ✗ MISS |
Q4 2024 | Nov 4, 2024 | $0.36 | $0.30 | -16.7% | ✗ MISS |
Q3 2024 | Aug 5, 2024 | $0.36 | $0.29 | -19.4% | ✗ MISS |
Q2 2024 | May 6, 2024 | $0.39 | $0.16 | -59.0% | ✗ MISS |
Q1 2024 | Feb 20, 2024 | $0.32 | $0.30 | -6.3% | ✗ MISS |
Q4 2023 | Nov 6, 2023 | $0.32 | $0.33 | +3.1% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $0.34 | $0.29 | -14.7% | ✗ MISS |
Q2 2023 | May 3, 2023 | $0.34 | $0.34 | 0.0% | = MET |
Q1 2023 | Feb 21, 2023 | $0.32 | $0.36 | +12.5% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $0.33 | $0.36 | +9.1% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $0.38 | $0.37 | -2.6% | ✗ MISS |
Q2 2022 | May 4, 2022 | $0.42 | $0.34 | -19.0% | ✗ MISS |
Q1 2022 | Feb 22, 2022 | $0.37 | $0.01 | -97.3% | ✗ MISS |
Q4 2021 | Nov 1, 2021 | $0.40 | $0.34 | -15.0% | ✗ MISS |
Q3 2021 | Aug 2, 2021 | $0.37 | $0.33 | -10.8% | ✗ MISS |
Latest News
JP Morgan Downgrades Realty Income to Underweight, Maintains Price Target to $61
📉 NegativeMizuho Maintains Neutral on Realty Income, Lowers Price Target to $60
➖ NeutralRealty Income Increases Monthly Dividend From $0.2695 Per Share To $0.27 Per Share
📈 PositiveBarclays Maintains Equal-Weight on Realty Income, Raises Price Target to $64
➖ NeutralRealty Income Announces $800M Preferred Equity Investment In CityCenter Las Vegas Real Estate Assets; Blackstone Real Estate Will Retain 100% Of Common Equity Ownership Of Property, It Will Continue To Be Operated By MGM Resorts; Realty Income Corp Raises 2025 Investment Outlook To Over $6B
📈 PositiveWells Fargo Maintains Equal-Weight on Realty Income, Raises Price Target to $60
📈 PositiveRealty Income Announces Agreement For Sale Of Up To 150M Shares Of Common Stock From Time To Time
➖ NeutralCantor Fitzgerald Maintains Neutral on Realty Income, Lowers Price Target to $60
➖ NeutralRBC Capital Maintains Outperform on Realty Income, Raises Price Target to $61
📈 PositiveRealty Income shares are trading lower after the company reported Q3 financial results and narrowed its FY25 FFO guidance with its midpoint below estimates.
📉 NegativeRealty Income Narrows FY2025 FFO Guidance from $4.24-$4.28 to $4.25-$4.27 vs $4.27 Est
➖ NeutralRealty Income Q3 FFO $1.08, Inline, Sales $1.471B Beat $1.376B Estimate
📈 PositiveRealty Income FFO of $1.07 in-line, revenue of $1.47B beats by $120M
📈 PositiveBarclays Maintains Equal-Weight on Realty Income, Raises Price Target to $63
➖ NeutralEvercore ISI Group Initiates Coverage On Realty Income with In-Line Rating, Announces Price Target of $62
➖ NeutralCantor Fitzgerald Initiates Coverage On Realty Income with Neutral Rating, Announces Price Target of $64
➖ NeutralMizuho Maintains Neutral on Realty Income, Raises Price Target to $63
➖ NeutralRealty Income Corporation Announces Quarterly Dividend Increase From $0.2690 Per Share To $0.2695 Per Share
📈 PositiveScotiabank Maintains Sector Perform on Realty Income, Raises Price Target to $60
📈 PositiveBarclays Maintains Equal-Weight on Realty Income, Raises Price Target to $59
➖ NeutralFrequently Asked Questions about O
What is O's current stock price?
What is the analyst price target for O?
What sector is Realty Income Corporation in?
What is O's market cap?
Does O pay dividends?
Similar Stocks
Real Estate SectorExplore stocks similar to O for comparison