Realty Income Just Boosted Guidance. Is This a Golden Opportunity to Buy This 6% Yielding Stock?

Nonetheless, the real estate investment trust (REIT) has had a tough several years, with its stock price down about 20% over the past five years. However, the company just increased its guidance for the year, perhaps indicating brighter days could be ahead. Recent struggles While its business model is solid, the underlying value of its properties has decreased as interest rates zoomed higher over the past few years. That's because commercial real estate properties are generally valued based on capitalizatio ...