Realty Income (NYSE:O) Announces FY 2026 Earnings Guidance

Realty Income (NYSE:O) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 4.450-4.460 for the period, compared to the consensus earnings per share estimate of 4.450.

Realty Income Price Performance

Shares of O opened at $57.61 on Tuesday. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. Realty Income has a twelve month low of $53.15 and a twelve month high of $67.93. The stock has a market capitalization of $54.51 billion, a P/E ratio of 42.05, a P/E/G ratio of 4.39 and a beta of 0.69. The company has a 50 day moving average of $57.40 and a 200-day moving average of $61.59.

Realty Income (NYSE:O) last issued its quarterly earnings results on Monday, November 2nd. The real estate investment trust reported $0.43 EPS for the quarter, beating the consensus estimate of $0.41 by $0.02. Realty Income had a return on equity of 3.12% and a net margin of 20.93%. The firm had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the prior year, the firm posted $1.08 earnings per share. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. As a group, equities research analysts forecast that Realty Income will post 4.45 EPS for the current fiscal year.

Realty Income Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be paid a $0.2715 dividend. The ex-dividend date is Friday, October 30th. This represents a $3.26 dividend on an annualized basis and a yield of 5.7%. Realty Income’s dividend payout ratio is 237.96%.

Analysts Set New Price Targets

O has been the topic of a number of research reports. Weiss Ratings lowered Realty Income from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Truist Financial raised Realty Income from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 14th. Robert W. Baird boosted their target price on shares of Realty Income from $64.00 to $65.00 and gave the company a “neutral” rating in a research report on Monday, July 6th. Barclays reduced their target price on shares of Realty Income from $65.00 to $61.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 20th. Finally, Huntington assumed coverage on shares of Realty Income in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Realty Income currently has a consensus rating of “Moderate Buy” and an average target price of $72.34.

Trending Headlines about Realty Income

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

• Positive Sentiment: Realty Income reported third-quarter revenue of $1.62 billion, up 10.3% year over year and ahead of the roughly $1.43 billion consensus estimate. Funds from operations (FFO) came in at $1.12 per share, compared with $1.08 a year earlier and slightly above estimates. Realty Income Tops Q3 FFO and Revenue Estimates
• Positive Sentiment: Adjusted funds from operations (AFFO) per share rose 3.7% year over year, and management raised its full-year AFFO guidance again. The outlook supports expectations for continued dividend coverage and steady earnings growth. Realty Income Q3 2026 Earnings Call Transcript
• Positive Sentiment: Occupancy and rents edged higher, reinforcing the stability of Realty Income’s net-lease portfolio. The company also continues to target investment growth and is expanding its private-capital platform in Europe through a KKR joint venture backed by an initial €528 million, potentially adding fee and rental income. Does Earnings Beat Change the Bull Case for Realty Income Stock
• Neutral Sentiment: The quarterly $1.12 per-share figure was widely described as FFO or adjusted profitability, making it more relevant for REIT investors than GAAP earnings. However, coverage characterized GAAP EPS as missing expectations, highlighting the difference between statutory earnings and cash-flow-based REIT metrics. Realty Income Q3 2026 Revenue Surges but GAAP EPS Misses
• Negative Sentiment: Higher interest rates remain a risk because they raise Realty Income’s financing costs, pressure property valuations and make the company’s dividend yield relatively less attractive versus bonds. A recent rate spike is also encouraging more selective, slower-paced growth. Rate Spike Is Reshaping Realty Income’s Growth

Realty Income Company Profile

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily invests in single-tenant properties that are leased to businesses under long-term, net lease agreements, under which tenants generally are responsible for property taxes, insurance and maintenance.

Its portfolio includes retail, grocery, convenience store, industrial, distribution and other commercial properties. Realty Income serves a broad range of tenants and seeks to generate recurring rental income through long-term leases.