Realty Income remains a top income pick for 2026, driven by durable occupancy, contractual rent growth, and a 5.5% dividend yield. O is capitalizing on declining rates, expanding its European footprint, and launching a perpetual life fund to diversify funding and enhance liquidity. Q3 results validated O's resilience, with 98.7% occupancy, $1.39B revenue, and $1.07 FFO/share; investments at 7.7% cash yield support future growth.
O teams up with GIC in a $1.5B-plus JV targeting U.S. logistics build-to-suit projects and Mexico expansion to broaden funding and growth.
Recently, Zacks.com users have been paying close attention to Realty Income Corp. (O). This makes it worthwhile to examine what the stock has in store.
Realty Income is a retail-focused REIT with consistent AFFO growth and a decades-long record of monthly dividend increases. O's portfolio is anchored by needs-based retail assets, long-duration inflation-hedged leases, and a 98.3% occupancy rate, ensuring stable cash flows. Lower interest rates in 2026 could catalyze further large-scale acquisitions, supporting continued AFFO growth and portfolio expansion.
Realty Income offers a highly diversified, resilient tenant portfolio across 92 industries, limiting exposure to any single client or sector. O maintains a 5.6% yield with a strong history of monthly dividend growth, supported by robust AFFO and FFO performance. Valuation models indicate O's fair value is $63–$71.5 per share, implying 11%–25% upside from current levels.
Realty Income Corp. (O) closed at $58.29 in the latest trading session, marking a +1.64% move from the prior day.
Realty Income Corp. (O) concluded the recent trading session at $56.37, signifying a -1.16% move from its prior day's close.
Realty Income Corp. (O) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Realty Income (O) is rated Buy with a $65 price target, leveraging macro tailwinds and funding advantages. Fed rate cuts are set to widen the risk premium over cash, making REITs (VNQ) more attractive to investors. O's A- credit rating and international footprint provide funding cost advantages versus peers, though incremental in the short term.
O's 5.7% dividend yield stands out, but recent share weakness, mixed estimates and valuation concerns question whether now is the time to buy.
Realty Income is a large and financially strong real estate investment trust. The real estate company has a large yield backed by a reliable and growing dividend.
Shares of Realty Income (NYSE:O) lost 0.09% over the past month after gaining 6.09% the month prior.