Realty Income (O) Stock Forecast, Price Target & Predictions
O Stock Forecast
Realty Income stock forecast is as follows: an average price target of $63.65 (represents a 20.57% upside from O’s last price of $52.79) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
O Price Target
The average price target for Realty Income (O) is $63.65 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $70.25 to $58.00. This represents a potential 20.57% upside from O's last price of $52.79.
O Analyst Ratings
According to 9 Wall Street analysts, Realty Income's rating consensus is 'Buy'. The analyst rating breakdown for O stock is 0 'Strong Buy' (0.00%), 6 'Buy' (66.67%), 3 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Realty Income Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 17, 2024 | Nicholas Yulico | Scotiabank | $64.00 | $62.98 | 1.63% | 21.24% |
| Aug 28, 2024 | Simon Yarmak | Stifel Nicolaus | $70.25 | $61.83 | 13.62% | 33.07% |
| Aug 26, 2024 | Greg McGinniss | Scotiabank | $61.00 | $61.59 | -0.96% | 15.55% |
| Aug 19, 2024 | Jay Kornreich | Wedbush | $64.00 | $60.50 | 5.79% | 21.24% |
| Aug 06, 2024 | Simon Yarmak | Stifel Nicolaus | $67.50 | $59.18 | 14.06% | 27.87% |
| Aug 06, 2024 | Wesley Golladay | Robert W. Baird | $58.00 | $59.18 | -1.99% | 9.87% |
| Aug 06, 2024 | Ronald Kamdem | Morgan Stanley | $62.00 | $59.18 | 4.77% | 17.45% |
| May 16, 2024 | Greg McGinniss | Scotiabank | $56.00 | $55.10 | 1.62% | 6.08% |
| Jun 30, 2023 | Simon Yarmak | Stifel Nicolaus | $71.00 | $59.59 | 19.14% | 34.50% |
| Apr 15, 2022 | Andrew Rosivach | Wolfe Research | $84.00 | $72.61 | 15.69% | 59.12% |
| Jan 10, 2022 | Simon Yarmak | Stifel Nicolaus | $80.00 | $70.86 | 12.90% | 51.54% |
| Dec 13, 2021 | Michael Bilerman | Citigroup | $74.00 | $67.20 | 10.12% | 40.18% |
| Jul 15, 2021 | Jonathan Petersen | Jefferies | $80.00 | $65.03 | 23.02% | 51.54% |
The latest Realty Income stock forecast, released on Sep 17, 2024 by Nicholas Yulico from Scotiabank, set a price target of $64.00, which represents a 1.63% increase from the stock price at the time of the forecast ($62.98), and a 21.24% increase from O last price ($52.79).
Realty Income Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 8 |
| Avg Price Target | - | - | $62.84 |
| Last Closing Price | $52.79 | $52.79 | $52.79 |
| Upside/Downside | -100.00% | -100.00% | 19.04% |
In the current month, the average price target of Realty Income stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Realty Income's last price of $52.79. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 08, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Sep 17, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Aug 26, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Aug 19, 2024 | Wedbush | Neutral | Initialise | |
| Aug 07, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jun 11, 2024 | KeyBanc | Sector Weight | Initialise | |
| May 16, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Apr 16, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Jan 11, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Dec 13, 2023 | Exane BNP Paribas | Outperform | Upgrade | |
| Dec 05, 2023 | Wolfe Research | Outperform | Upgrade | |
| Jun 30, 2023 | BTIG | Buy | Buy | Hold |
| Apr 12, 2023 | Scotiabank | Sector Outperform | Upgrade | |
| Aug 02, 2022 | CBRE | Positive | Positive | Hold |
Realty Income's last stock rating was published by Cantor Fitzgerald on Oct 08, 2024. The company gave O a "Overweight" rating, the same as its previous rate.
Realty Income Financial Forecast
Realty Income Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.04B | $1.02B | $944.40M | $888.65M | $837.27M | $810.42M | $807.34M | $681.50M | $491.88M | $464.28M | $442.80M | $418.08M | $404.57M |
| Avg Forecast | $1.22B | $1.21B | $1.21B | $1.20B | $1.44B | $1.42B | $1.40B | $1.38B | $1.36B | $1.33B | $1.31B | $1.29B | $1.27B | $1.26B | $1.22B | $1.15B | $1.02B | $994.87M | $941.32M | $905.06M | $846.30M | $817.50M | $795.64M | $754.78M | $667.10M | $471.53M | $441.43M | $420.40M | $403.67M | $406.92M |
| High Forecast | $1.27B | $1.27B | $1.26B | $1.25B | $1.50B | $1.48B | $1.46B | $1.44B | $1.42B | $1.39B | $1.37B | $1.32B | $1.31B | $1.27B | $1.22B | $1.15B | $1.06B | $1.07B | $982.42M | $944.57M | $883.25M | $817.50M | $795.64M | $754.78M | $667.10M | $471.53M | $441.43M | $420.40M | $403.67M | $406.92M |
| Low Forecast | $1.16B | $1.15B | $1.15B | $1.14B | $1.37B | $1.35B | $1.33B | $1.32B | $1.30B | $1.27B | $1.25B | $1.26B | $1.26B | $1.25B | $1.22B | $1.15B | $990.24M | $942.79M | $896.44M | $861.91M | $805.95M | $817.50M | $795.64M | $754.78M | $667.10M | $471.53M | $441.43M | $420.40M | $403.67M | $406.92M |
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.08% | 1.04% | 1.05% | 1.02% | 1.02% | 1.07% | 1.02% | 1.04% | 1.05% | 1.05% | 1.04% | 0.99% |
Realty Income's average Quarter revenue forecast for Dec 23 based on 3 analysts is $1.02B, with a low forecast of $990.24M, and a high forecast of $1.06B. O's average Quarter revenue forecast represents a -1.90% decrease compared to the company's last Quarter revenue of $1.04B (Sep 23).
Realty Income EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $740.78M | $912.56M | $843.57M | $780.38M | $735.62M | $720.28M | $725.11M | $455.76M | $412.03M | $391.08M | $348.90M | $371.32M | $268.72M |
| Avg Forecast | $1.09B | $1.09B | $1.08B | $1.08B | $1.29B | $1.28B | $1.26B | $1.24B | $1.22B | $1.20B | $1.18B | $1.16B | $1.14B | $1.13B | $1.10B | $1.06B | $915.30M | $893.31M | $845.23M | $812.66M | $759.91M | $737.98M | $718.25M | $681.37M | $602.21M | $425.67M | $398.50M | $395.42M | $364.40M | $367.34M |
| High Forecast | $1.14B | $1.14B | $1.13B | $1.13B | $1.35B | $1.33B | $1.31B | $1.30B | $1.28B | $1.25B | $1.23B | $1.19B | $1.18B | $1.14B | $1.10B | $1.27B | $950.17M | $963.20M | $882.13M | $848.15M | $793.08M | $737.98M | $718.25M | $681.37M | $602.21M | $425.67M | $398.50M | $474.51M | $364.40M | $367.34M |
| Low Forecast | $1.04B | $1.04B | $1.03B | $1.03B | $1.23B | $1.21B | $1.20B | $1.18B | $1.16B | $1.14B | $1.12B | $1.13B | $1.13B | $1.13B | $1.10B | $847.04M | $889.15M | $846.54M | $804.93M | $773.92M | $723.67M | $737.98M | $718.25M | $681.37M | $602.21M | $425.67M | $398.50M | $316.34M | $364.40M | $367.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 1.08% | 1.04% | 1.03% | 1.00% | 1.00% | 1.06% | 0.76% | 0.97% | 0.98% | 0.88% | 1.02% | 0.73% |
3 analysts predict O's average Quarter EBITDA for Dec 23 to be $915.30M, with a high of $950.17M and a low of $889.15M. This is 23.56% upper than Realty Income's previous annual EBITDA (Sep 23) of $740.78M.
Realty Income Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-404.00K | $195.41M | $225.02M | $227.26M | $219.57M | $223.21M | $199.37M | $4.47M | $135.00M | $124.48M | $95.94M | $117.93M | $22.90M |
| Avg Forecast | - | - | - | - | $383.54M | $374.84M | $362.83M | $358.21M | $327.77M | $321.63M | $314.10M | $303.20M | $318.41M | $302.72M | $313.80M | $287.19M | $291.01M | $282.55M | $294.77M | $261.08M | $7.89M | $289.27M | $316.10M | $237.34M | $286.85M | $340.20M | $321.33M | $108.73M | $286.14M | $291.70M |
| High Forecast | - | - | - | - | $405.30M | $396.12M | $383.42M | $378.55M | $346.37M | $339.88M | $331.92M | $311.71M | $321.41M | $309.20M | $313.87M | $344.62M | $299.58M | $317.87M | $311.51M | $313.29M | $9.47M | $289.27M | $316.10M | $284.81M | $286.85M | $340.20M | $321.33M | $130.48M | $286.14M | $291.70M |
| Low Forecast | - | - | - | - | $359.77M | $351.61M | $340.34M | $336.01M | $307.45M | $301.70M | $294.63M | $297.54M | $315.41M | $296.24M | $313.73M | $229.75M | $288.16M | $247.24M | $276.50M | $208.86M | $6.31M | $289.27M | $316.10M | $189.88M | $286.85M | $340.20M | $321.33M | $86.99M | $286.14M | $291.70M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.00% | 0.66% | 0.86% | 28.79% | 0.76% | 0.71% | 0.84% | 0.02% | 0.40% | 0.39% | 0.88% | 0.41% | 0.08% |
Realty Income's average Quarter net income forecast for Sep 23 is $282.55M, with a range of $247.24M to $317.87M. O's average Quarter net income forecast represents a 44.59% increase compared to the company's last Quarter net income of $195.41M (Jun 23).
Realty Income SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.52M | $36.83M | $34.17M | $37.52M | $34.10M | $34.14M | $32.70M | $30.52M | $23.81M | $21.85M | $20.80M | $16.67M | $16.51M |
| Avg Forecast | $51.74M | $51.50M | $51.26M | $51.02M | $61.13M | $60.34M | $59.52M | $58.69M | $57.80M | $56.54M | $55.74M | $54.92M | $54.13M | $53.59M | $51.99M | $47.10M | $43.29M | $42.25M | $39.98M | $42.82M | $59.62M | $34.72M | $33.79M | $38.93M | $28.33M | $20.03M | $18.75M | $23.57M | $17.14M | $17.28M |
| High Forecast | $53.99M | $53.75M | $53.50M | $53.25M | $63.80M | $62.97M | $62.11M | $61.26M | $60.33M | $59.01M | $58.17M | $56.11M | $55.73M | $53.88M | $51.99M | $56.52M | $44.94M | $45.56M | $41.73M | $51.38M | $71.54M | $34.72M | $33.79M | $46.71M | $28.33M | $20.03M | $18.75M | $28.28M | $17.14M | $17.28M |
| Low Forecast | $49.27M | $49.04M | $48.82M | $48.59M | $58.21M | $57.46M | $56.68M | $55.90M | $55.05M | $53.85M | $53.08M | $53.32M | $53.33M | $53.30M | $51.99M | $37.68M | $42.06M | $40.04M | $38.07M | $34.26M | $47.69M | $34.72M | $33.79M | $31.14M | $28.33M | $20.03M | $18.75M | $18.86M | $17.14M | $17.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.92% | 0.80% | 0.63% | 0.98% | 1.01% | 0.84% | 1.08% | 1.19% | 1.17% | 0.88% | 0.97% | 0.96% |
Realty Income's average Quarter SG&A projection for Dec 23 is $43.29M, based on 3 Wall Street analysts, with a range of $42.06M to $44.94M. The forecast indicates a 21.87% rise compared to O last annual SG&A of $35.52M (Sep 23).
Realty Income EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.02 | $0.29 | $0.34 | $0.36 | $0.36 | $0.37 | $0.34 | $0.01 | $0.34 | $0.33 | $0.26 | $0.33 | $0.07 |
| Avg Forecast | - | - | - | - | $0.44 | $0.43 | $0.42 | $0.41 | $0.38 | $0.37 | $0.36 | $0.35 | $0.37 | $0.35 | $0.36 | $0.39 | $0.33 | $0.32 | $0.34 | $0.32 | $0.32 | $0.33 | $0.36 | $0.40 | $0.33 | $0.39 | $0.37 | $0.29 | $0.33 | $0.34 |
| High Forecast | - | - | - | - | $0.46 | $0.45 | $0.44 | $0.43 | $0.40 | $0.39 | $0.38 | $0.36 | $0.37 | $0.35 | $0.36 | $0.39 | $0.34 | $0.36 | $0.36 | $0.34 | $0.34 | $0.33 | $0.36 | $0.40 | $0.33 | $0.39 | $0.37 | $0.29 | $0.33 | $0.34 |
| Low Forecast | - | - | - | - | $0.41 | $0.40 | $0.39 | $0.39 | $0.35 | $0.35 | $0.34 | $0.34 | $0.36 | $0.34 | $0.36 | $0.39 | $0.33 | $0.28 | $0.32 | $0.30 | $0.30 | $0.33 | $0.36 | $0.40 | $0.33 | $0.39 | $0.37 | $0.29 | $0.33 | $0.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.15% | 0.86% | 1.05% | 1.11% | 1.08% | 1.02% | 0.85% | 0.02% | 0.87% | 0.89% | 0.90% | 1.00% | 0.21% |
According to 3 Wall Street analysts, Realty Income's projected average Quarter EPS for Dec 23 is $0.33, with a low estimate of $0.33 and a high estimate of $0.34. This represents a -67.28% decrease compared to O previous annual EPS of $1.02 (Sep 23).
Realty Income Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NTST | NETSTREIT | $14.93 | $25.50 | 70.80% | Buy |
| O | Realty Income | $54.52 | $63.65 | 16.75% | Buy |
| NNN | National Retail Properties | $41.88 | $47.67 | 13.83% | Buy |
| FRT | Federal Realty Investment Trust | $114.33 | $128.17 | 12.11% | Buy |
| ADC | Agree Realty | $73.31 | $77.00 | 5.03% | Buy |
| GTY | Getty Realty | $32.14 | $33.50 | 4.23% | Buy |
| BRX | Brixmor Property Group | $28.65 | $29.50 | 2.97% | Buy |
| WSR | Whitestone REIT | $15.22 | $15.67 | 2.96% | Buy |
| REG | Regency Centers | $75.50 | $77.50 | 2.65% | Buy |
| KIM | Kimco Realty | $24.30 | $24.33 | 0.12% | Buy |
| AKR | Acadia Realty Trust | $25.16 | $25.00 | -0.64% | Buy |
| SKT | Tanger | $35.41 | $33.50 | -5.39% | Buy |
| SPG | Simon Property Group | $179.96 | $167.93 | -6.68% | Buy |
| SITC | SITE Centers | $15.42 | $13.46 | -12.71% | Hold |
| MAC | Macerich Company | $21.36 | $17.00 | -20.41% | Buy |