Realty Income Corporation with ticker code (O) now have 14 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 100.78 and 88.52 with the average target price sitting at $95.42. Now with the previous closing price of $61.31 this would indicate that there is a potential upside of 55.6%. Also worth taking note is the 50 day moving average now sits at $62.82 and the 200 day moving average is $64.86. The company has a market capitalization of $41,145m. Company Website: https://www.realtyincome.com
The potential market cap would be $64,036m based on the market consensus.
Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 12,200 real estate properties primarily owned under long-term net lease agreements with commercial clients. To date, the company has declared 632 consecutive monthly dividends on its shares of common stock throughout its 54-year operating history and increased the dividend 119th times since Realty Income’s public listing in 1994 (NYSE: O).
The company has a dividend yield of 4.99% with the ex dividend date set at 28-4-2023 (DMY).
Other points of data to note are a P/E ratio of 42.96, revenue per share of 5.46 and a 1.75% return on assets.
