Realty Income Corp. (O) concluded trading on Wednesday at a closing price of $52.69, with 6.51 million shares of worth about $343.26 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.30% during that period and on Wednesday the price saw a gain of about 0.42%. Currently the company’s common shares owned by public are about 752.46M shares, out of which, 723.05M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 15 times over the past 12 months. They bought 47,924 shares in 11 of the transactions. In 4 selling transactions, insiders dumped 27,642 shares.
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However, the stock later moved at a day high price of 53.02, or with a gain of 0.42%. Stock saw a price change of 2.27% in past 5 days and over the past one month there was a price change of -5.20%. Year-to-date (YTD), O shares are showing a performance of -8.24% which decreased to -20.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $45.03 but also hit the highest price of $67.05 during that period. The average intraday trading volume for Realty Income Corp. shares is 7.60 million. The stock is currently trading -1.82% below its 20-day simple moving average (SMA20), while that difference is down -5.58% for SMA50 and it goes to -6.20% lower than SMA200.
Realty Income Corp. (NYSE: O) currently have 752.46M outstanding shares and institutions hold larger chunk of about 85.61% of that.
The stock has a current market capitalization of $38.14B and its 3Y-monthly beta is at 0.94. PE ratio of stock for trailing 12 months is 41.85, while it has posted earnings per share of $1.26 in the same period. Its PEG reads 1.85 while making debt-to-equity ratio of 0.70. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for O, volatility over the week remained 1.77% while standing at 1.82% over the month.
Analysts are in expectations that Realty Income Corp. (O) stock would likely to be making an EPS of $0.4 in the current quarter, while forecast for next quarter EPS is $0.36 and it is $1.45 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.32 which is $0.52 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.34 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 11.79% while it is estimated to increase by 6.38% in next year. EPS is likely to grow at an annualized rate of 22.62% for next 5-years, compared to annual growth of 0.00% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on February 13, 2024 offering a Market perform rating for the stock and assigned a target price of $57 to it. Coverage by Exane BNP Paribas stated Realty Income Corp. (O) stock as an Outperform in their note to investors on December 13, 2023, suggesting a price target of $63 for the stock. On December 11, 2023, Mizuho Upgrade their recommendations, while on December 06, 2023, Wolfe Research Upgrade their ratings for the stock with a price target of $66. Stock get a Sector perform rating from Scotiabank on October 16, 2023.
