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

Realty Income (NYSE:O) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.440-4.450 for the period, compared to the consensus estimate of 4.450. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

O has been the subject of several recent research reports. Morgan Stanley set a $67.00 price target on Realty Income in a report on Monday, April 27th. Robert W. Baird upped their target price on Realty Income from $64.00 to $65.00 and gave the company a “neutral” rating in a report on Monday, July 6th. UBS Group set a $67.00 target price on Realty Income in a report on Thursday, June 18th. Jefferies Financial Group assumed coverage on Realty Income in a report on Monday, June 1st. They set a “buy” rating and a $69.00 price target on the stock. Finally, Royal Bank Of Canada upped their price objective on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $67.11.

Realty Income Stock Down 0.3%

Shares of O stock traded down $0.20 during trading on Wednesday, reaching $62.70. The company’s stock had a trading volume of 5,646,344 shares, compared to its average volume of 6,095,249. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market capitalization of $58.46 billion, a price-to-earnings ratio of 51.39, a P/E/G ratio of 4.95 and a beta of 0.71. The stock’s 50-day moving average price is $62.78 and its 200 day moving average price is $63.03. Realty Income has a 1-year low of $55.86 and a 1-year high of $67.93.

Realty Income (NYSE:O) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.03). Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.40 billion. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, research analysts anticipate that Realty Income will post 4.45 EPS for the current year.

Realty Income Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be paid a $0.271 dividend. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Friday, July 31st. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.

Realty Income News Roundup

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

• Positive Sentiment: Realty Income reported second-quarter revenue of $1.55 billion, well above the $1.40 billion analyst consensus, indicating solid operating performance. Realty Income Announces Operating Results
• Positive Sentiment: Fitch assigned Realty Income an “A” issuer default rating with a stable outlook. The stronger credit profile could improve access to financing and help contain borrowing costs, an important factor for a large, acquisition-oriented REIT. Realty Income earns Fitch A rating
• Positive Sentiment: Before the report, analysts highlighted Realty Income’s high occupancy, steady rent growth and active investment program as potential supports for results and long-term dividend income. Should You Buy, Hold or Sell Realty Income Stock Before Q2 Earnings?
• Neutral Sentiment: Management set fiscal 2026 EPS guidance at $4.440-$4.450, effectively matching the $4.45 analyst consensus. The outlook provides stability but no meaningful upward revision to drive a stronger immediate revaluation.
• Negative Sentiment: Second-quarter EPS was $0.37, below the $0.40 consensus estimate. The earnings shortfall likely outweighed the revenue beat for short-term investors, particularly given Realty Income’s relatively high reported price-to-earnings multiple. Realty Income Announces Operating Results for the Three and Six Months Ended June 30, 2026

Institutional Investors Weigh In On Realty Income

A number of hedge funds have recently bought and sold shares of O. Morgan Stanley grew its holdings in Realty Income by 21.6% during the 4th quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock worth $1,031,080,000 after acquiring an additional 3,252,091 shares in the last quarter. State Street Corp lifted its stake in Realty Income by 2.1% in the third quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock valued at $3,831,526,000 after buying an additional 1,295,936 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Realty Income by 5.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,795,930 shares of the real estate investment trust’s stock valued at $664,937,000 after buying an additional 660,062 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Realty Income by 5.8% in the second quarter. Raymond James Financial Inc. now owns 12,011,841 shares of the real estate investment trust’s stock valued at $692,002,000 after acquiring an additional 654,958 shares during the period. Finally, Burkehill Global Management LP purchased a new position in shares of Realty Income during the fourth quarter worth approximately $33,822,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

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.