Realty Income (O) to Release Quarterly Earnings on Monday

Realty Income (NYSE:O) will likely be releasing its earnings data after the market closes on Monday, February 24th. Analysts expect Realty Income to post earnings of $1.06 per share and revenue of $1.28 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Realty Income Stock Up 1.1 %

O opened at $57.14 on Friday. The firm has a 50-day simple moving average of $53.92 and a two-hundred day simple moving average of $58.08. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $50.01 billion, a PE ratio of 54.41, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00. Realty Income has a 52 week low of $50.65 and a 52 week high of $64.88.

Realty Income Increases Dividend

The company also recently disclosed a mar 25 dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be given a $0.268 dividend. This is a positive change from Realty Income’s previous mar 25 dividend of $0.26. This represents a yield of 5.7%. The ex-dividend date of this dividend is Monday, March 3rd. Realty Income’s dividend payout ratio is 301.91%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on O. Deutsche Bank Aktiengesellschaft began coverage on shares of Realty Income in a research note on Wednesday, December 11th. They issued a “hold” rating and a $62.00 target price for the company. Mizuho cut their price objective on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Royal Bank of Canada reiterated an “outperform” rating and issued a $62.00 target price on shares of Realty Income in a research report on Monday, January 27th. Barclays reduced their target price on shares of Realty Income from $59.00 to $56.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 4th. Finally, Stifel Nicolaus cut their target price on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Ten analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $62.21.

About Realty Income

Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients.