Realty Income Corporation (O)
NYSE: O · Real-Time Price · USD
62.71
+0.30 (0.48%)
Sep 13, 2024, 4:00 PM EDT - Market closed
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Realty Income stock have an average target of 61.27, with a low estimate of 48 and a high estimate of 70.25. The average target predicts a decrease of -2.30% from the current stock price of 62.71.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $48 | $61.27 | $62 | $70.25 |
| Change | -23.46% | -2.30% | -1.13% | +12.02% |
Analyst Ratings
The average analyst rating for Realty Income stock from 17 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 7 | 8 | 9 | 9 | 12 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 15 | 15 | 18 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $60 → $67 | Hold | Maintains | $60 → $67 | +6.84% | Sep 3, 2024 |
| Stifel | Stifel | Strong Buy Maintains $68 → $70 | Strong Buy | Maintains | $68 → $70 | +12.02% | Aug 28, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $56 → $61 | Hold | Maintains | $56 → $61 | -2.73% | Aug 26, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $57 → $62 | Hold | Maintains | $57 → $62 | -1.13% | Aug 26, 2024 |
| Wedbush | Wedbush | Hold Initiates $64 | Hold | Initiates | $64 | +2.06% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
5.19B
Revenue Next Year
5.53B
from 5.19B
Increased by 6.58%
from 5.19B
EPS This Year
1.32
from 1.26
Increased by 5.15%
from 1.26
EPS Next Year
1.68
from 1.32
Increased by 26.57%
from 1.32
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | ||
| Revenue | - | - | - | - | - | 5.19B | 5.53B | 5.83B | ||
| Revenue Growth | 12.07% | 10.68% | 26.38% | 60.32% | 22.30% | - | 6.58% | 5.50% | ||
| EPS | 1.38 | 1.14 | 0.87 | 1.42 | 1.26 | 1.32 | 1.68 | 1.67 | ||
| EPS Growth | 9.84% | -17.39% | -23.94% | 63.76% | -11.27% | 5.15% | 26.57% | -0.65% | ||
| Forward PE | - | - | - | - | - | 47.33 | 37.40 | 37.64 | ||
| No. Analysts | - | - | - | - | - | 13 | 13 | 8 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.6B | 6.1B | 6.2B | |
| Avg | 5.2B | 5.5B | 5.8B | |
| Low | 4.7B | 4.9B | 5.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 17.5% | 12.8% | |
| Avg | - | 6.6% | 5.5% | |
| Low | - | -6.5% | -4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.58 | 2.21 | 1.93 | ||
| Avg | 1.32 | 1.68 | 1.67 | ||
| Low | 1.06 | 1.23 | 1.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.0% | 66.4% | 15.2% | ||
| Avg | 5.1% | 26.6% | -0.6% | ||
| Low | -16.0% | -7.5% | -18.8% |
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.
