Realty Income (NYSE:O) Stock Rated Strong-Buy in New Coverage at Huntington Sec

Huntington Sec assumed coverage on shares of Realty Income (NYSE:O) in a research note issued on Monday, Zacks reports. The firm set a “strong-buy” rating on the real estate investment trust’s stock.

Several other analysts have also weighed in on O. Scotiabank lowered Realty Income from a “sector outperform” rating to a “sector perform” rating and lowered their price objective for the company from $67.00 to $59.00 in a report on Wednesday, September 23rd. Wells Fargo & Company dropped their price target on Realty Income from $64.00 to $59.00 and set an “equal weight” rating on the stock in a research report on Monday, October 19th. Huntington assumed coverage on Realty Income in a report on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 price target on the stock. Truist Financial raised Realty Income from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 14th. Finally, Weiss Ratings lowered shares of Realty Income from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Realty Income presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.81.

Realty Income Stock Down 0.1%

Shares of NYSE:O opened at $57.53 on Monday. Realty Income has a 52-week low of $53.15 and a 52-week high of $67.93. The company has a market capitalization of $54.44 billion, a price-to-earnings ratio of 39.68, a price-to-earnings-growth ratio of 4.50 and a beta of 0.65. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. The company has a 50 day moving average of $57.29 and a two-hundred day moving average of $61.58.

Realty Income (NYSE:O) last issued its quarterly earnings data on Monday, November 2nd. The real estate investment trust reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. Realty Income had a net margin of 21.85% and a return on equity of 3.30%. The firm had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the previous year, the business posted $1.08 EPS. The firm’s revenue was up 10.3% compared to the same quarter last year. As a group, analysts forecast that Realty Income will post 4.45 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Realty Income

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Dunhill Financial LLC purchased a new stake in Realty Income during the second quarter valued at about $27,000. Fiduciary Financial Advisors purchased a new position in Realty Income during the second quarter valued at approximately $36,000. Meramec Financial Planners LLC purchased a new position in shares of Realty Income during the 2nd quarter valued at $44,000. Meeder Asset Management Inc. purchased a new position in Realty Income in the second quarter valued at about $42,000. Finally, Bell Investment Advisors Inc bought a new stake in shares of Realty Income in the 2nd quarter valued at approximately $47,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Key Headlines Impacting Realty Income

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

• Positive Sentiment: Third-quarter adjusted funds from operations (AFFO) was $1.12 per share, up 3.7% year over year and ahead of the $1.11 consensus estimate. Revenue increased 10.3% to $1.62 billion, also topping expectations. Zacks Q3 results
• Positive Sentiment: Management raised 2026 AFFO guidance to $4.45–$4.46 per share and is targeting $10 billion in investments this year. The company invested $2.6 billion in the quarter at a 6.8% initial yield; European investments reached $940 million at a 7.1% cash yield. Investment target and guidance
• Positive Sentiment: Realty Income raised its monthly dividend again and has now made 676 consecutive monthly payments. Its dividend payout was about 73% of AFFO, offering evidence of coverage from operating cash flow. Dividend and cash-flow coverage
• Positive Sentiment: Royal Bank of Canada raised its price target to $61 and maintained an “outperform” rating; Wall Street brokerages collectively now rate the shares “Moderate Buy.” RBC analyst action
• Negative Sentiment: Despite portfolio expansion and high occupancy, AFFO per share growth was only 3.7%. That modest pace helps explain why strong quarterly results may not be enough to drive a stronger market reaction. Growth limitations
• Negative Sentiment: Higher U.S. borrowing costs remain a headwind: they can raise funding expenses and make it harder for Realty Income to invest at spreads that support attractive growth. Funding flexibility and borrowing costs

About Realty Income

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily invests in single-tenant properties that are leased to businesses under long-term, net lease agreements, under which tenants generally are responsible for property taxes, insurance and maintenance.

Its portfolio includes retail, grocery, convenience store, industrial, distribution and other commercial properties. Realty Income serves a broad range of tenants and seeks to generate recurring rental income through long-term leases.