Realty Income (O) Stock Forecast, Price Target & Predictions
O Stock Forecast
Realty Income stock forecast is as follows: an average price target of $69.16 (represents a 10.29% upside from O’s last price of $62.71) 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 $69.16 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $84.00 to $58.00. This represents a potential 10.29% upside from O's last price of $62.71.
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 |
|---|---|---|---|---|---|---|
| Aug 28, 2024 | Simon Yarmak | Stifel Nicolaus | $70.25 | $61.83 | 13.62% | 12.02% |
| Aug 26, 2024 | Greg McGinniss | Scotiabank | $61.00 | $61.59 | -0.96% | -2.73% |
| Aug 19, 2024 | Jay Kornreich | Wedbush | $64.00 | $60.50 | 5.79% | 2.06% |
| Aug 06, 2024 | Simon Yarmak | Stifel Nicolaus | $67.50 | $59.18 | 14.06% | 7.64% |
| Aug 06, 2024 | Wesley Golladay | Robert W. Baird | $58.00 | $59.18 | -1.99% | -7.51% |
| Aug 06, 2024 | Ronald Kamdem | Morgan Stanley | $62.00 | $59.18 | 4.77% | -1.13% |
| May 16, 2024 | Greg McGinniss | Scotiabank | $56.00 | $55.10 | 1.62% | -10.70% |
| Jun 30, 2023 | Simon Yarmak | Stifel Nicolaus | $71.00 | $59.59 | 19.14% | 13.22% |
| Apr 15, 2022 | Andrew Rosivach | Wolfe Research | $84.00 | $72.61 | 15.69% | 33.95% |
| Jan 10, 2022 | Simon Yarmak | Stifel Nicolaus | $80.00 | $70.86 | 12.90% | 27.57% |
The latest Realty Income stock forecast, released on Aug 28, 2024 by Simon Yarmak from Stifel Nicolaus, set a price target of $70.25, which represents a 13.62% increase from the stock price at the time of the forecast ($61.83), and a 12.02% increase from O last price ($62.71).
Realty Income Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 6 | 7 |
| Avg Price Target | $65.08 | $63.79 | $62.68 |
| Last Closing Price | $62.71 | $62.71 | $62.71 |
| Upside/Downside | 3.78% | 1.72% | -0.05% |
In the current month, the average price target of Realty Income stock is $65.08, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 3.78% increase as opposed to Realty Income's last price of $62.71. This month's average price target is up 2.02% compared to last quarter, and up 3.83% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
Realty Income's last stock rating was published by Scotiabank on Aug 26, 2024. The company gave O a "Sector Perform" 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 | Jul 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 | - | $807.34M | $681.50M | $491.88M | $464.28M | $442.80M | $418.08M | $404.57M |
| Avg Forecast | $1.22B | $1.21B | $1.21B | $1.20B | $1.33B | $1.31B | $1.29B | $1.28B | $1.36B | $1.34B | $1.31B | $1.29B | $1.28B | $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 | $1.26B | $1.39B | $1.37B | $1.35B | $1.34B | $1.42B | $1.40B | $1.37B | $1.34B | $1.33B | $1.29B | $1.28B | $1.20B | $1.06B | $1.07B | $983.63M | $945.73M | $884.33M | $854.23M | $795.64M | $818.69M | $723.58M | $511.46M | $478.81M | $456.00M | $437.85M | $441.38M |
| Low Forecast | $1.16B | $1.15B | $1.15B | $1.14B | $1.27B | $1.25B | $1.23B | $1.22B | $1.29B | $1.27B | $1.24B | $1.22B | $1.21B | $1.24B | $1.16B | $1.09B | $990.24M | $942.79M | $895.15M | $860.66M | $804.79M | $777.40M | $795.64M | $677.87M | $599.13M | $423.49M | $396.46M | $377.57M | $362.54M | $365.46M |
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 7 | 7 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.08% | 1.04% | 1.05% | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 7 | 7 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $740.78M | $912.56M | $843.57M | $780.38M | $735.62M | - | $725.11M | $455.76M | $412.03M | $391.08M | $348.90M | $371.32M | $268.72M |
| Avg Forecast | $1.10B | $1.09B | $1.09B | $1.08B | $1.20B | $1.19B | $1.17B | $1.15B | $1.23B | $1.21B | $1.18B | $1.16B | $1.15B | $1.13B | $1.11B | $1.06B | $920.21M | $898.11M | $849.77M | $817.03M | $763.99M | $526.89M | $718.25M | $681.37M | $602.21M | $416.51M | $391.08M | $395.42M | $382.24M | $367.34M |
| High Forecast | $1.15B | $1.14B | $1.14B | $1.13B | $1.26B | $1.24B | $1.22B | $1.21B | $1.28B | $1.26B | $1.23B | $1.21B | $1.20B | $1.16B | $1.15B | $1.27B | $955.27M | $968.38M | $887.95M | $853.74M | $798.32M | $632.27M | $718.25M | $739.06M | $653.20M | $499.82M | $469.29M | $474.51M | $458.69M | $398.45M |
| Low Forecast | $1.05B | $1.04B | $1.04B | $1.03B | $1.14B | $1.13B | $1.11B | $1.10B | $1.17B | $1.15B | $1.12B | $1.10B | $1.10B | $1.12B | $1.05B | $847.04M | $893.92M | $851.09M | $808.08M | $776.95M | $726.51M | $421.51M | $718.25M | $611.94M | $540.85M | $333.21M | $312.86M | $316.34M | $305.79M | $329.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 1.07% | 1.03% | 1.02% | 1.40% | - | 1.06% | 0.76% | 0.99% | 1.00% | 0.88% | 0.97% | 0.73% |
3 analysts predict O's average Quarter EBITDA for Dec 23 to be $920.21M, with a high of $955.27M and a low of $893.92M. This is 24.22% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 7 | 7 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-404.00K | $195.41M | $225.02M | $227.26M | $219.57M | - | $199.37M | $4.47M | $135.00M | $124.48M | $95.94M | $117.93M | $22.90M |
| Avg Forecast | - | - | - | - | $387.31M | $376.49M | $363.59M | $357.85M | $361.06M | $354.44M | $346.79M | $340.84M | $325.49M | $319.68M | $313.32M | $287.19M | $290.57M | $282.12M | $294.32M | $261.08M | $282.32M | $172.63M | $303.22M | $237.34M | $7.18M | $136.46M | $124.48M | $108.73M | $121.40M | $37.10M |
| High Forecast | - | - | - | - | $409.94M | $398.49M | $384.83M | $378.76M | $382.16M | $375.14M | $367.05M | $360.75M | $344.51M | $355.56M | $331.62M | $344.62M | $299.12M | $317.39M | $311.52M | $313.29M | $298.81M | $207.15M | $303.22M | $284.81M | $8.61M | $163.76M | $149.37M | $130.48M | $145.68M | $44.53M |
| Low Forecast | - | - | - | - | $362.61M | $352.49M | $340.40M | $335.03M | $338.04M | $331.83M | $324.68M | $319.10M | $304.74M | $130.48M | $293.34M | $229.75M | $287.72M | $246.86M | $275.56M | $208.86M | $264.32M | $138.10M | $303.22M | $189.88M | $5.74M | $109.17M | $99.58M | $86.99M | $97.12M | $29.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.00% | 0.66% | 0.86% | 0.81% | 1.27% | - | 0.84% | 0.62% | 0.99% | 1.00% | 0.88% | 0.97% | 0.62% |
Realty Income's average Quarter net income forecast for Sep 23 is $282.12M, with a range of $246.86M to $317.39M. O's average Quarter net income forecast represents a 44.37% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 7 | 7 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.52M | $36.83M | $34.17M | $37.52M | $34.10M | - | $32.70M | $30.52M | $23.81M | $21.85M | $20.80M | $16.67M | $16.51M |
| Avg Forecast | $51.74M | $51.50M | $51.26M | $51.02M | $56.51M | $55.82M | $55.00M | $54.32M | $57.79M | $56.82M | $55.54M | $54.61M | $54.19M | $53.40M | $51.99M | $47.10M | $43.29M | $42.25M | $39.98M | $42.82M | $35.94M | $30.45M | $33.79M | $38.93M | $54.20M | $24.07M | $21.85M | $23.57M | $17.16M | $26.75M |
| High Forecast | $54.06M | $53.81M | $53.56M | $53.31M | $59.05M | $58.32M | $57.47M | $56.76M | $60.39M | $59.37M | $58.04M | $57.06M | $56.63M | $54.59M | $54.33M | $56.52M | $44.94M | $45.56M | $41.78M | $51.38M | $37.56M | $36.54M | $33.79M | $46.71M | $65.04M | $28.89M | $26.22M | $28.28M | $20.60M | $32.10M |
| Low Forecast | $49.20M | $48.97M | $48.75M | $48.52M | $53.74M | $53.08M | $52.30M | $51.65M | $54.96M | $54.03M | $52.82M | $51.93M | $51.53M | $52.60M | $49.44M | $37.68M | $42.06M | $40.04M | $38.02M | $34.26M | $34.18M | $24.36M | $33.79M | $31.14M | $43.36M | $19.26M | $17.48M | $18.86M | $13.73M | $21.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.92% | 0.80% | 1.04% | 1.12% | - | 0.84% | 0.56% | 0.99% | 1.00% | 0.88% | 0.97% | 0.62% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 7 | 7 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.02 | $0.29 | $0.34 | $0.36 | $0.36 | - | $0.34 | $0.01 | $0.34 | $0.33 | $0.26 | $0.33 | $0.07 |
| Avg Forecast | - | - | - | - | $0.44 | $0.43 | $0.42 | $0.41 | $0.41 | $0.41 | $0.40 | $0.39 | $0.37 | $0.37 | $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 | - | - | - | - | $0.47 | $0.46 | $0.44 | $0.43 | $0.44 | $0.43 | $0.42 | $0.41 | $0.40 | $0.41 | $0.38 | $0.41 | $0.34 | $0.36 | $0.36 | $0.34 | $0.34 | $0.35 | $0.36 | $0.45 | $0.37 | $0.43 | $0.41 | $0.32 | $0.36 | $0.37 |
| Low Forecast | - | - | - | - | $0.42 | $0.40 | $0.39 | $0.38 | $0.39 | $0.38 | $0.37 | $0.37 | $0.35 | $0.15 | $0.34 | $0.36 | $0.33 | $0.28 | $0.32 | $0.30 | $0.30 | $0.31 | $0.36 | $0.35 | $0.29 | $0.34 | $0.32 | $0.25 | $0.29 | $0.29 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.15% | 0.86% | 1.05% | 1.11% | 1.08% | - | 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 |
|---|---|---|---|---|---|
| O | Realty Income | $62.71 | $69.16 | 10.29% | Buy |
| FRT | Federal Realty Investment Trust | $117.39 | $122.95 | 4.74% | Buy |
| NTST | NETSTREIT | $17.08 | $17.58 | 2.93% | Hold |
| GTY | Getty Realty | $32.37 | $33.00 | 1.95% | Hold |
| SPG | Simon Property Group | $164.02 | $165.39 | 0.84% | Buy |
| KIM | Kimco Realty | $24.02 | $23.88 | -0.58% | Hold |
| SKT | Tanger Factory Outlet Centers | $31.83 | $31.50 | -1.04% | Buy |
| BRX | Brixmor Property Group | $28.02 | $27.60 | -1.50% | Buy |
| NNN | National Retail Properties | $48.75 | $47.67 | -2.22% | Buy |
| MAC | Macerich Company | $16.49 | $15.75 | -4.49% | Buy |
| REG | Regency Centers | $74.68 | $70.88 | -5.09% | Buy |
| ADC | Agree Realty | $76.69 | $69.95 | -8.79% | Buy |
| AKR | Acadia Realty Trust | $22.97 | $19.50 | -15.11% | Hold |
| WSR | Whitestone REIT | $13.44 | $10.00 | -25.60% | Buy |
| SITC | SITE Centers | $60.39 | $30.00 | -50.32% | Buy |
O Forecast FAQ
Is Realty Income a good buy?
Yes, according to 9 Wall Street analysts, Realty Income (O) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 66.67% of O's total ratings.
What is O's price target?
Realty Income (O) average price target is $69.16 with a range of $58 to $84, implying a 10.29% from its last price of $62.71. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Realty Income stock go up soon?
According to Wall Street analysts' prediction for O stock, the company can go up by 10.29% (from the last price of $62.71 to the average price target of $69.16), up by 33.95% based on the highest stock price target, and down by -7.51% based on the lowest stock price target.
Can Realty Income stock reach $90?
O's average twelve months analyst stock price target of $69.16 does not support the claim that Realty Income can reach $90 in the near future.
What is Realty Income's current price target trend?
3 Wall Street analysts forecast a $65.08 price target for Realty Income (O) this month, up 3.78% from its last price of $62.71. Compared to the last 3 and 12 months, the average price target increased by 1.72% and decreased by -0.05%, respectively.
What are Realty Income's analysts' financial forecasts?
Realty Income's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.22B (high $5.45B, low $4.96B), average EBITDA is $4.71B (high $4.92B, low $4.48B), average net income is $1.49B (high $1.57B, low $1.39B), average SG&A $221.64M (high $231.6M, low $210.77M), and average EPS is $1.71 (high $1.81, low $1.6). O's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $4.84B (high $5.06B, low $4.6B), average EBITDA is $4.37B (high $4.56B, low $4.15B), average net income is $0 (high $0, low $0), average SG&A $205.51M (high $214.75M, low $195.43M), and average EPS is $0 (high $0, low $0).
Did the O's actual financial results beat the analysts' financial forecasts?
Based on Realty Income's last annual report (Dec 2022), the company's revenue was $3.34B, beating the average analysts forecast of $3.21B by 4.03%. Apple's EBITDA was $2.93B, beating the average prediction of $2.69B by 8.85%. The company's net income was $869.41M, missing the average estimation of $995.5M by -12.67%. Apple's SG&A was $138.46M, missing the average forecast of $139.11M by -0.47%. Lastly, the company's EPS was $1.42, missing the average prediction of $1.42 by -0.08%. In terms of the last quarterly report (Sep 2023), Realty Income's revenue was $1.04B, beating the average analysts' forecast of $994.87M by 4.45%. The company's EBITDA was $740.78M, missing the average prediction of $898.11M by -17.52%. Realty Income's net income was $-404K, missing the average estimation of $282.12M by -100.14%. The company's SG&A was $35.52M, missing the average forecast of $42.25M by -15.93%. Lastly, the company's EPS was $1.02, beating the average prediction of $0.324 by 214.81%