An overview of Realty Income Corp.’s (O) institutional holdings

The price of Realty Income Corp. (NYSE:O) shares last traded on Wall Street rose 4.49% to $52.14.

Based on available information, 16 analysts follow Realty Income Corp. (NYSE:O). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $74.00 and a low of $48.00, we find $58.00. Given the previous closing price of $49.90, this indicates a potential upside of 16.23 percent. O stock price is now 2.10% away from the 50-day moving average and -11.48% away from the 200-day moving average. The market capitalization of the company currently stands at $37.75B.

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Among analysts, 11 rate the stock a hold while 5 rate it a buy. Brokers who have rated the stock have averaged $58.64 as their price target over the next twelve months.

With the price target reduced from $61 to $54, Scotiabank Downgraded its rating from Sector Outperform to Sector Perform for Realty Income Corp. (NYSE: O).

In other news, Abraham Neil, insider sold 26,600 shares of the company’s stock on Feb 27. The stock was sold for $1,738,118 at an average price of $65.34. Upon completion of the transaction, the insider now directly owns 41,630 shares in the company, valued at $2.17 million. Insiders disposed of 103,349 shares of company stock worth roughly $5.39 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.

A candlestick chart of Realty Income Corp. (NYSE: O) showed a price of $51.00 on Tuesday morning. During the past 12 months, Realty Income Corp. has had a low of $45.03 and a high of $68.85. According to the stock market information, the enterprise value for the company is $56.70B, which is based on a 39.60 price-to-earnings ratio, a 1.75 price-to-earnings-growth ratio, and a beta of 0.87. The fifty day moving average price for O is $51.07 and a two-hundred day moving average price translates $58.90 for the stock.

The latest earnings results from Realty Income Corp. (NYSE: O) was released for Sep, 2023. According to the REIT – Retail Company, earnings per share came in at $0.33, beating analysts’ expectations of $0.31 by 0.02. This compares to $0.36 EPS in the same period last year. The net profit margin was 22.64% and return on equity was 3.02% for O. The company reported revenue of $1.04 billion for the quarter, compared to $837.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.11 percent. For the current quarter, analysts expect O to generate $1.03B in revenue.

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