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

Realty Income (NYSE:O) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.380-4.420 for the period, compared to the consensus estimate of 2.740. The company issued revenue guidance of -.

Realty Income Stock Down 0.3%

Realty Income stock opened at $66.46 on Wednesday. Realty Income has a 12 month low of $50.71 and a 12 month high of $67.15. The stock has a fifty day simple moving average of $60.64 and a two-hundred day simple moving average of $59.25. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.72. The firm has a market cap of $61.14 billion, a price-to-earnings ratio of 61.54, a PEG ratio of 3.94 and a beta of 0.79.

Realty Income (NYSE:O) last announced its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.08. Realty Income had a return on equity of 2.45% and a net margin of 17.17%.The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the prior year, the company posted $1.05 earnings per share. The company’s quarterly revenue was up 11.0% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. Equities analysts predict that Realty Income will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a $0.27 dividend. The ex-dividend date is Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. Realty Income’s payout ratio is currently 300.00%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a research report on Tuesday, January 20th. Scotiabank upgraded shares of Realty Income from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the company from $60.00 to $67.00 in a research note on Friday, January 30th. Mizuho dropped their price target on Realty Income from $63.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $61.00 price objective on shares of Realty Income in a report on Thursday, December 18th. Finally, Wall Street Zen cut Realty Income from a “hold” rating to a “sell” rating in a research report on Tuesday, February 3rd. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $63.38.

Realty Income News Roundup

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

• Positive Sentiment: Management set an aggressive 2026 investment target (~$8 billion) and said it is expanding global partnerships to scale growth beyond its traditional net-lease model, signaling potential fee-income and long-term portfolio growth. Realty Income targets $8B in 2026 investments while expanding global partnerships
• Positive Sentiment: Realty Income is broadening its model — entering new markets (Europe, Mexico) and launching an institutional asset-management business to win third‑party capital and fee income, which could diversify earnings and lower reliance on property acquisitions. Realty Income Broadens Model With New Markets And Fee Based Growth
• Positive Sentiment: Operationally the quarter showed strength: solid occupancy, robust rent-recapture and revenue up ~11% year-over-year — evidence of portfolio resilience that supports the monthly dividend. Realty Income Corp (O) Q4 2025 Earnings Call Highlights: Strong Portfolio Stability and …
• Neutral Sentiment: Q4 FFO of $1.08 per share matched consensus and revenue slightly beat estimates — a steady print that removes near-term surprise risk but offers limited upside catalyst by itself. Realty Income Corp. (O) Meets Q4 FFO Estimates
• Neutral Sentiment: Several retail/dividend-focused outlets reiterate Realty Income as a core income holding given its long dividend track record — supportive for long-term holders but not an immediate price driver. Is Realty Income Stock a Long-Term Buy?
• Negative Sentiment: Management forecast 2026 annual FFO below some Wall Street estimates, citing slowing leasing demand and higher property-management costs — a clear near-term headwind and the main reason investors are cautious. Realty Income forecasts annual FFO below estimates on slowing demand, higher costs
• Negative Sentiment: Market reaction was muted-to-negative after the release; some outlets flagged the guidance and tone as underwhelming, which pressured the stock despite the quarter’s steady metrics. Realty Income edges lower on Q4 earnings miss

Institutional Investors Weigh In On Realty Income

A number of institutional investors and hedge funds have recently added to or reduced their stakes in O. Morgan Stanley boosted its position in shares of Realty Income by 21.6% in the fourth quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock worth $1,031,080,000 after purchasing an additional 3,252,091 shares during the period. State Street Corp lifted its stake in shares of Realty Income by 2.1% during the 3rd 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 in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Realty Income by 5.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,795,930 shares of the real estate investment trust’s stock worth $664,937,000 after buying an additional 660,062 shares during the period. Raymond James Financial Inc. boosted its holdings in Realty Income by 5.8% in the 2nd quarter. Raymond James Financial Inc. now owns 12,011,841 shares of the real estate investment trust’s stock worth $692,002,000 after buying an additional 654,958 shares during the period. Finally, Burkehill Global Management LP purchased a new stake in Realty Income in the 4th quarter worth $33,822,000. Institutional investors own 70.81% of the company’s stock.

About Realty Income

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.