Realty Income Corp. (O) reported $1.26 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 33.5%. EPS of $1.03 for the same period compares to $0.34 a year ago.The reported revenue represents a surprise of +5.80% over the Zacks Consensus Estimate of $1.19 billion. With the consensus EPS estimate being $1.03, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...

Exhibit 99.1 REALTY INCOME ANNOUNCES OPERATING RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2024 SAN DIEGO, CALIFORNIA, May 6, 2024....Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced operating results for the three months ended March 31, 2024. All per share amounts presented in this press release are on a diluted per common share basis unless stated otherwise. “I am pleased with our first quarter results, as we continue to strengthen our role as real estate ...

Realty Income's shares remain down materially from pre-pandemic levels, so there's time to buy this industry giant.Shares of Realty Income (O 0.64%) trade down around 33% from their pre-pandemic highs in early 2020. But nothing material has changed about the business, or at least not in a permanently negative way. If you are trying to find a reliable dividend stock, there is still time to grab Realty Income and its historically attractive 5.7% yield. Here's why you should do that now and not risk being late ...

Two supercharged monthly dividend stocks -- with an average yield of 8.29% -- are ripe for the picking by opportunistic investors.One of the best things about investing on Wall Street is there's a strategy that can satisfy everyone. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, pathways exist for investors of varying risk tolerances to grow their wealth over time.But among these seemingly countless plans of action, buying and holding high-quality dividend stock ...

Realty Income Corp. (O) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this real estate investment trust have returned +1.3%, compared to the Zacks S&P 500 composite's -4.1% change. During this period, the Zacks REIT and Equity Trust - Retail industry, which Realty Income Corp. falls in, has lost 9.7%. The key question now is: What c ...

PM Images Written by Nick Ackerman. With real estate/real estate investment trusts ("REITS") now being pushed back into deeper sale territory—I don't think we can say they ever really got out of the sale territory they've been in the last couple of years—this continues to be an area where I look to accumulate larger positions. Given the fact that rate cuts are now appear to be in jeopardy for 2024 and the Fed's latest projections are even showing fewer expected cuts for 2025, the sale here probably coul ...

I've been buying shares of Realty Income hand over fist this year.I have been steadily building a position in dividend powerhouse Realty Income (O 1.12%) over the past few years. I recently bought some more shares and plan to do that again this May. Here's why I can't seem to get enough of this magnificent dividend stock these days.A premier passive-income producerThe biggest reason I have been buying Realty Income is to collect more of its attractive monthly dividend. The real estate investment trust (REIT ...

In the latest market close, Realty Income Corp. (O) reached $54.31, with a +1.12% movement compared to the previous day. This change outpaced the S&P 500's 0.32% gain on the day. On the other hand, the Dow registered a gain of 0.38%, and the technology-centric Nasdaq increased by 0.35%.Heading into today, shares of the real estate investment trust had lost 0.72% over the past month, outpacing the Finance sector's loss of 5.24% and the S&P 500's loss of 2% in that time.Analysts and investors alike will be ke ...

Investors should understand the differences between these income-generating stocks.Investing in dividend stocks is a great way to build wealth over the long term. However, income investors often face a tough choice: Should they invest in real estate investment trusts (REITs), which often offer high yields but less capital appreciation, or traditional dividend stocks, which pay lower yields but have more growth potential?What are REITs?REITs operate a simple business model. They purchase properties, rent the ...

This top REIT is starting to see opportunities in data center properties, and pays a yield of 5.75%.Stocks have pulled back from recent highs over the past month, but the bull market is likely not over. History shows that the stock market stays in an upward trend for longer stretches than it falls; that's why it has averaged an annualized return of 10% over the past century.Amid the various sectors, real estate investment trusts (REITs) offer great value and could outperform the market averages over the nex ...