Is There More Upside Ahead For Realty Income Corp (NYSE: O)

Realty Income Corp (O) concluded trading on Wednesday at a closing price of $53.17, with 4.95 million shares of worth about $263.06 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.68% during that period and on January 15, 2025 the price saw a gain of about 0.04%. Currently the company’s common shares owned by public are about 875.20M shares, out of which, 874.25M shares are available for trading.

Stock saw a price change of 1.26% in past 5 days and over the past one month there was a price change of -3.57%. Year-to-date (YTD), O shares are showing a performance of -0.45% which decreased to -9.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $50.65 but also hit the highest price of $64.88 during that period. The average intraday trading volume for Realty Income Corp shares is 5.09 million. The stock is currently trading 0.45% above its 20-day simple moving average (SMA20), while that difference is down -3.92% for SMA50 and it goes to -6.51% lower than SMA200.

Realty Income Corp (NYSE: O) currently have 875.20M outstanding shares and institutions hold larger chunk of about 80.92% of that.

The stock has a current market capitalization of $6.16B and its 3Y-monthly beta is at 1.00. PE ratio of stock for trailing 12 months is 50.59, while it has posted earnings per share of $1.05 in the same period. Its PEG reads 12.65 while making debt-to-equity ratio of 0.74. 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 1.68% while standing at 1.82% over the month.

Stock’s fiscal year EPS is expected to drop by -9.59% while it is estimated to increase by 33.90% in next year. EPS is likely to grow at an annualized rate of 4.00% for next 5-years, compared to annual growth of -0.02% 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 Barclays on December 17, 2024 offering an Equal weight rating for the stock and assigned a target price of $59 to it. Coverage by Deutsche Bank stated Realty Income Corp (O) stock as a Hold in their note to investors on December 11, 2024, suggesting a price target of $62 for the stock. On November 14, 2024, Mizuho Downgrade their recommendations, while on August 28, 2024, Stifel Reiterated their ratings for the stock with a price target of $70.25. Stock get a Neutral rating from Wedbush on August 19, 2024.

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