Realty Income (NYSE:O) Insider Sells $461,908.00 in Stock

Realty Income Corporation (NYSE:O) insider Michelle Bushore sold 7,400 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the sale, the insider directly owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. This trade represents a 9.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Realty Income Stock Up 0.6%

Realty Income stock traded up $0.35 during midday trading on Thursday, hitting $62.23. 6,164,825 shares of the company were exchanged, compared to its average volume of 6,260,572. The company has a market cap of $58.03 billion, a PE ratio of 53.19, a price-to-earnings-growth ratio of 4.69 and a beta of 0.79. The company’s fifty day moving average price is $63.53 and its 200-day moving average price is $60.17. Realty Income Corporation has a fifty-two week low of $50.71 and a fifty-two week high of $67.93. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.40 and a quick ratio of 1.40.

Realty Income (NYSE:O) last posted its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.08. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the prior year, the company posted $1.05 EPS. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, research analysts predict that Realty Income Corporation will post 4.19 EPS for the current fiscal year.

Realty Income Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.2705 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Tuesday, March 31st. This is a positive change from Realty Income’s previous monthly dividend of $0.27. Realty Income’s payout ratio is currently 277.78%.

Realty Income News Roundup

Here are the key news stories impacting Realty Income this week:

• Positive Sentiment: Analysts and commentators argue growth is intact and Realty Income remains an attractive income-growth REIT, highlighting continued portfolio growth and predictable cash flow as reasons to stay invested. Realty Income Remains In Play As Growth Is Set To Continue
• Positive Sentiment: Another Seeking Alpha piece frames Realty Income as a buy-for-income-and-stability opportunity, reinforcing interest from dividend-oriented investors given the REIT’s long payout record. Realty Income: Don’t Miss Out On This Dividend Aristocrat Now
• Positive Sentiment: Coverage lists Realty Income among the “safest” Dividend Aristocrats for retirees seeking growth plus income, which can drive long-term demand from income-focused funds and retail buyers. The 5 Safest Dividend Aristocrats Are Perfect For Retirees Needing Growth & Income
• Neutral Sentiment: Market reports note O outperformed peers on a recent trading day and is a trending stock, reflecting short-term buying interest but not new fundamental catalysts. Realty Income Corp. (O) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Additional outlets (Zacks/MarketWatch) echo the same “outperforming/trending” angle; useful for sentiment tracking but duplicative of the price-action story. Realty Income Corp. (O) Surpasses Market Returns: Some Facts Worth Knowing (Zacks)
• Negative Sentiment: Insider activity: a director sold a material block of shares recently, which can be interpreted as a mild negative signal for near-term sentiment even if it’s not company-wide. Monitor further insider trades. Insider Shake-Up at Realty Income as Director Executes Major Stock Sale

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. DGS Capital Management LLC increased its position in shares of Realty Income by 4.3% during the 4th quarter. DGS Capital Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $216,000 after purchasing an additional 158 shares during the last quarter. Patrick M Sweeney & Associates Inc. lifted its position in Realty Income by 4.5% in the fourth quarter. Patrick M Sweeney & Associates Inc. now owns 3,801 shares of the real estate investment trust’s stock worth $214,000 after buying an additional 164 shares during the last quarter. CYBER HORNET ETFs LLC boosted its stake in Realty Income by 7.4% during the fourth quarter. CYBER HORNET ETFs LLC now owns 2,417 shares of the real estate investment trust’s stock worth $136,000 after buying an additional 166 shares during the period. Sage Private Wealth Group LLC boosted its stake in Realty Income by 2.2% during the fourth quarter. Sage Private Wealth Group LLC now owns 7,844 shares of the real estate investment trust’s stock worth $442,000 after buying an additional 170 shares during the period. Finally, Crescent Sterling Ltd. increased its position in Realty Income by 4.1% during the third quarter. Crescent Sterling Ltd. now owns 4,515 shares of the real estate investment trust’s stock valued at $274,000 after acquiring an additional 176 shares during the last quarter. 70.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

O has been the subject of several research analyst reports. UBS Group upped their price objective on shares of Realty Income from $66.00 to $72.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Cantor Fitzgerald upped their target price on Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Friday, February 27th. Loop Capital set a $69.00 target price on Realty Income in a report on Monday, March 2nd. Royal Bank Of Canada increased their price target on shares of Realty Income from $61.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. Finally, Stifel Nicolaus lifted their price objective on Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $66.39.

About Realty Income

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.