O

Realty Income Corp

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Advanced Chart

57.900

-0.12(-0.207%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

58.200

Open

58.090

VWAP

Vol

4.44M

Mkt Cap

52.29B

Low

57.290

Amount

EV/EBITDA(TTM)

33.16

Total Shares

870.77M

79.27B

EV/OCF(TTM)

22.13

P/S(TTM)

9.43

Realty Income Corporation is a real estate investment trust. The Company is engaged in acquiring and managing freestanding commercial properties that generate rental revenue under long-term net lease agreements with its commercial clients. It is engaged in a single business activity, which is the leasing of property to clients, generally on a net basis. That business activity spans various geographic boundaries and includes property types and clients engaged in various industries. The Company owns or holds interests in approximately 15,621 properties located in all 50 United States (U.S.) states, the United Kingdom, France, Germany, Ireland, Italy, Portugal, and Spain with clients doing business in 89 industries. Its property types include retail, industrial, gaming and others, such as agriculture and office. Its primary industry concentrations include grocery stores, convenience stores, dollar stores, drug stores, home improvement, restaurants-quick service and others.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

1.35B

+5.21%

1.34B

+5.26%

1.33B

+3.56%

Estimates Revision

The market is revising Upward the revenue expectations for Realty Income Corporation (O) for FY2025, with the revenue forecasts being adjusted by 0.6% over the past three months. During the same period, the stock price has changed by 1.15%.

Revenue Estimates for FY2025

Revise Upward

+0.6%

In Past 3 Month

Stock Price

Go Up

+1.15%

In Past 3 Month

12 Analyst Rating

5.35% Upside

Wall Street analysts forecast O stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for O is 61.00 USD with a low forecast of 58.00 USD and a high forecast of 68.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

9 Hold

0 Sell

Hold

5.35% Upside

Current: 57.900

Low

58.00

Averages

61.00

High

68.00

5.35% Upside

Current: 57.900

Low

58.00

Averages

61.00

High

68.00

Wolfe Research

Outperform -> Peer Perform

downgrade

2025-07-14

Reason

Wolfe Research

Price Target

2025-07-14

downgrade

Outperform -> Peer Perform

Reason

Wolfe Research downgraded Realty Income to Peer Perform from Outperform.

Wolfe Research

Outperform -> Peer Perform

downgrade

2025-07-14

Reason

Wolfe Research

Price Target

2025-07-14

downgrade

Outperform -> Peer Perform

Reason

Wolfe Research downgraded Realty Income to Peer Perform from Outperform without a price target. The firm cites valuation for the downgrade, saying the stock's year-to-date rally has increased the multiple while other sectors benefit from declining supply. Wolfe believes stocks in sectors with a supply correction could catch up.

UBS

Buy

downgrade

$64 -> $62

2025-05-13

Reason

UBS

Price Target

$64 -> $62

2025-05-13

downgrade

Buy

Reason

UBS lowered the firm's price target on Realty Income to $62 from $64 and keeps a Buy rating on the shares.

Scotiabank

Sector Perform

maintain

$57 -> $58

2025-05-12

Reason

Scotiabank

Price Target

$57 -> $58

2025-05-12

maintain

Sector Perform

Reason

Scotiabank raised the firm's price target on Realty Income to $58 from $57 and keeps a Sector Perform rating on the shares. The firm is adjusting its estimates on U.S. Real Estate & REITs in its coverage following Q1 results, the analyst tells investors. Quarterly results contained some negative surprises, but generally played out as expected, with most companies maintaining FY25 guidance, the firm notes. Real estate fundamentals tend to lag, so many are looking to see the potential impact of the slowing economy on H2 2025 results, the firm adds.

Barclays

Richard Hightower

Hold

Maintains

$59 → $58

2025-04-22

Reason

Barclays

Richard Hightower

Price Target

$59 → $58

2025-04-22

Maintains

Hold

Reason

Barclays analyst Richard Hightower lowered the firm's price target on Realty Income to $58 from $59 and keeps an Overweight rating on the shares as part of a Q1 earnings preview for the net lease real estate investment trusts.

Mizuho

Haendel St. Juste

Hold

Maintains

$54 → $59

2025-04-03

Reason

Mizuho

Haendel St. Juste

Price Target

$54 → $59

2025-04-03

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Realty Income Corp (O.N) is 39.21, compared to its 5-year average forward P/E of 42.93. For a more detailed relative valuation and DCF analysis to assess Realty Income Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

42.93

Current PE

39.21

Overvalued PE

48.08

Undervalued PE

37.78

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

16.37

Current EV/EBITDA

15.52

Overvalued EV/EBITDA

18.29

Undervalued EV/EBITDA

14.46

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

11.00

Current PS

9.73

Overvalued PS

12.61

Undervalued PS

9.40