Realty Income Corporation (O)
NYSE: O · IEX Real-Time Price · USD
54.10
+0.59 (1.10%)
At close: Mar 28, 2024, 4:00 PM
54.13
+0.03 (0.06%)
After-hours: Mar 28, 2024, 7:56 PM EDT
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Realty Income stock have an average target of 62.04, with a low estimate of 48 and a high estimate of 74. The average target predicts an increase of 14.68% from the current stock price of 54.10.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $48 | $62.04 | $63 | $74 |
| Change | -11.28% | +14.68% | +16.45% | +36.78% |
Analyst Ratings
The average analyst rating for Realty Income stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 2 | 2 | 4 | 4 | 4 | 4 |
| Hold | 8 | 8 | 7 | 6 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 13 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Strong Buy Maintains $60 → $56 | Strong Buy | Maintains | $60 → $56 | +3.51% | Mar 7, 2024 |
| Stifel | Stifel | Strong Buy Maintains $68 → $65 | Strong Buy | Maintains | $68 → $65 | +20.15% | Feb 21, 2024 |
| BMO Capital | BMO Capital | Hold Initiates $57 | Hold | Initiates | $57 | +5.36% | Feb 13, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $58 → $60 | Buy | Maintains | $58 → $60 | +10.91% | Jan 11, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $58 → $60 | Strong Buy | Maintains | $58 → $60 | +10.91% | Jan 10, 2024 |
Financial Forecast
Revenue This Year
Increased by 22.26%
from 4.08B
Revenue Next Year
5.39B
from 4.99B
Increased by 8.00%
from 4.99B
EPS This Year
1.43
from 1.26
Increased by 13.33%
from 1.26
EPS Next Year
1.50
from 1.43
Increased by 5.00%
from 1.43
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.49B | 1.65B | 2.08B | 3.34B | 4.08B | 4.99B | 5.39B | 5.67B | - |
| Revenue Growth | 12.07% | 10.68% | 26.31% | 60.72% | 21.99% | 22.26% | 8.00% | 5.20% | - |
| EPS | 1.38 | 1.14 | 0.87 | 1.42 | 1.26 | 1.43 | 1.50 | 1.56 | 1.70 |
| EPS Growth | 9.52% | -17.39% | -23.68% | 63.22% | -11.27% | 13.33% | 5.00% | 4.08% | 9.15% |
| No. Analysts | - | - | - | - | - | 10 | 9 | 5 | 3 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.5B | 6.1B | 6.2B |
| Avg | 5.0B | 5.4B | 5.7B |
| Low | 4.0B | 4.1B | 5.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.5% | 23.0% | 14.4% |
| Avg | 22.3% | 8.0% | 5.2% |
| Low | -0.9% | -18.6% | -4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.71 | 1.75 | 1.86 | 1.75 |
| Avg | 1.43 | 1.50 | 1.56 | 1.70 |
| Low | 1.11 | 1.22 | 1.26 | 1.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 35.8% | 22.8% | 23.9% | 12.4% |
| Avg | 13.3% | 5.0% | 4.1% | 9.2% |
| Low | -12.1% | -14.9% | -15.7% | 4.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
