Shares of Realty Income (O) have gained 20.2% in the past six months compared with the industry's growth of 4.8%. This San Diego, CA-based retail real estate investment trust (REIT) is is well-poised to benefit from its portfolio of top industries selling essential goods and services and a diversified tenant base. Also, accretive buyouts, backed by a healthy balance sheet position, bode well for growth. Analysts seem bullish on this Zacks Rank #3 (Hold) company. The Zacks Consensus Estimate for its 2024 FFO ...

Zolak/iStock via Getty Images Introduction I am happy to share that my 'Strong buy' thesis for Realty Income's (NYSE:O) stock as of June 2024 is doing well. The REIT delivered an 18% return to investors since my last thesis, looking really good against +3.3% from the S&P 500. My fundamental analysis update suggests that Realty Income continues to keep investors happy with its consistent dividend payouts, and I believe that the REIT is poised to thrive further. The valuation is still very attractive, and I s ...

Freestanding commercial real estate is a goldmine of passive income. Commercial real estate is vital to everyday life. Most of us spend some time each week going to the grocery store, dining in a restaurant, or filling our cars with gas. Those routine activities require physical buildings to provide us with those goods and services. And these buildings are a potential goldmine of passive income hiding in plain sight. There's an estimated $14 trillion of commercial real estate around the U.S. and Europe suit ...

Nuthawut Somsuk We previously covered Realty Income (NYSE:O) in June 2024, discussing why it remained a Buy, thanks to the promising FQ1'24 earnings results from its improved investment spread, reiterated FY2024 profit guidance, and consistently raised dividend payouts. Combined with the stock's inherent undervaluation compared to its historical means, we believed that opportunistic investors might continue to add this dividend aristocrat for rich yields, while waiting for a potential upward rerating in its ...

Realty Income stock looks like a bargain right now. Over the last couple of years, investors have been able to generate incredible profits from high growth opportunities such as artificial intelligence (AI) or the weight loss medications taking over the pharmaceutical sector. However, investing in growth stocks is a doubled-edged sword because they can fall precipitously during volatile economic periods. On the other hand, one stock that has been a consistent winner for long-run investors is Realty Income ( ...

Shares of Realty Income (O) hit a 52-week high of $62.27 on Tuesday and finally closed at $62.15, up 21.5% in the past three months. The company also outperformed the Zacks REIT and Equity Trust - Retail industry's growth of 15.9% and the S&P 500 composite's rise of 6.2% over the same time frame. Image Source: Zacks Investment Research 3-Month Price Performance The recent indications of a rate cut in the September FOMC meeting have played a catalyst for this "Monthly Dividend Company". Further, the solid se ...

SAN DIEGO, Aug. 28, 2024 /PRNewswire/ -- Realty Income Corporation ("Realty Income"), The Monthly Dividend Company®, (NYSE: O), today announced that it intends to redeem all 6,900,000 shares outstanding of the company's 6.000% Series A Cumulative Redeemable Preferred Stock (NYSE: O PR) (the "Series A Preferred Stock"), which was converted from Spirit Realty Capital, Inc.'s outstanding preferred stock in connection with the merger, on September 30, 2024. The shares will be redeemed at $25.00 per share, plus ...

SAN DIEGO, Aug. 27, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the pricing of a public offering of £350 million of 5.000% senior unsecured notes due 2029 (the "2029 Notes") and £350 million of 5.250% senior unsecured notes due 2041 (the "2041 Notes"). The public offering price for the 2029 Notes was 99.139% of the principal amount for an effective annual yield to maturity of 5.199% and the public offering price for the 2041 Notes w ...

Eoneren Realty Income: The Tide Has Reversed Realty Income Corporation (NYSE:O) investors have outperformed the S&P 500 (SPX) (SPY) easily since early July 2024, as real estate investors have returned more aggressively. Given Realty Income's well-diversified exposure as a leading retail-focused net lease REIT, it has benefited significantly from the inward rotation. Given the hawkish Fed over the past two years, the market has battered O and its REITs peers. However, Fed Chair Jerome has made it clear that ...

jaturonoofer Shares of Realty Income (NYSE: O) started to surge in July and have now crossed above $60 for the first time since July 2024. Realty Income delivered robust second ofiscal quarter cearlings at the beginning of the month that showed strong AFFO and same-store rental growth results, especially in the industrial portion of the REIT's business. The Federal Reserve also appears to be on the cusp of finally lowering the federal fund rate, which could lure more investors in rate-sensitive sectors such ...