Core Insights - Realty Income (O) is expanding its global real estate platform through disciplined, data-driven investments, deploying $1.2 billion in Q2 2025 at a 7.2% initial weighted average cash yield [1] - The company is focusing on European expansion, which now accounts for 17% of its annualized base rent, benefiting from a fragmented market and favorable financing [2] - In the U.S., Realty Income remains selective, achieving a 7% yield on investments and a 103.4% rent recapture rate across 346 leases [3] Investment Strategy - Realty Income's investment strategy is guided by seven years of proprietary predictive analytics, supporting a 98.6% occupancy rate across over 15,600 properties [4] - The management has raised the 2025 investment guidance to $5 billion, aiming to capture a portion of the $14 trillion global net lease market [5] Market Performance - Realty Income's shares have risen 8.4% year to date, contrasting with a 7% decline in the industry [8] - The company trades at a forward 12-month price-to-FFO of 13.29, which is below the industry average [10] Financial Estimates - The Zacks Consensus Estimate for Realty Income's 2025 funds from operations per share has been revised marginally downward over the past 30 days, with current estimates at 4.26 for the current year [11][12]