Realty Income (NYSE:O - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Monday, February 24th. Analysts expect Realty Income to post earnings of $1.06 per share and revenue of $1.28 billion for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.
O opened at $57.14 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40. The company has a market capitalization of $50.01 billion, a price-to-earnings ratio of 54.41, a P/E/G ratio of 2.06 and a beta of 1.00. The firm's fifty day moving average price is $53.88 and its two-hundred day moving average price is $58.09. Realty Income has a 1 year low of $50.65 and a 1 year high of $64.88.
The company also recently disclosed a mar 25 dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.268 per share. This represents a yield of 5.7%. This is an increase from Realty Income's previous mar 25 dividend of $0.26. The ex-dividend date of this dividend is Monday, March 3rd. Realty Income's payout ratio is currently 301.91%.
A number of equities analysts have issued reports on the stock. Barclays cut their price objective on shares of Realty Income from $59.00 to $56.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 4th. Scotiabank cut their price target on shares of Realty Income from $61.00 to $59.00 and set a "sector perform" rating on the stock in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft began coverage on shares of Realty Income in a report on Wednesday, December 11th. They issued a "hold" rating and a $62.00 price target on the stock. Stifel Nicolaus cut their price target on shares of Realty Income from $70.00 to $66.50 and set a "buy" rating on the stock in a report on Wednesday, January 8th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $62.00 price target on shares of Realty Income in a report on Monday, January 27th. Ten investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, Realty Income currently has an average rating of "Hold" and a consensus price target of $62.21.
Get Our Latest Report on Realty Income
Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust ("REIT"), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients.
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