Realty Income (O)
NYSEReal EstateReit - RetailSnapshot 2026-09-04
$61.25-0.79%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - RetailSnapshot 2026-09-04
Research Workspace
Put O beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Retail REITs is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Management is running behind on a stated commitment.
View ThesisRevenue growth is slowing — up about 11% over the past year and decelerating.
View GrowthRanks among the strongest in its industry on quality — around the top 11%.
View QualityManagement screens weak on capital allocation, earnings delivery, the balance sheet, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationRelatively steady — typically moves about 1% a day.
View RiskRealty Income's growth engine relies on sustaining monthly dividend growth and expanding its data center vertical. Revenue grew 12% year over year in the last quarter, with a strong beat. It trades at 15× P/FFO versus a peer median of 12×, indicating a premium that reflects growth expectations. The risk lies in management running behind on commitments, with a 22% probability of missing next quarter's outlook. Peer multiples imply a price about 7% below where it trades. This read is provisional.
Trailing returns as of 2026-09-04. O is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 24 analysts currently covering O (as of Sep 2026).
Based on 8 Wall Street analysts offering 12-month price targets for O in the last 4 months.
Continue this research
Compare O with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| O Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Retail REITs — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put O next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Sustain monthly dividend growth
High dividend safety supports sustained monthly dividend growth.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $61.25
The last 12 months of price, then the range of analyst 12-month targets from today’s $61.25.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Sustain monthly dividend growth
Sustaining monthly dividend growth supports investor confidence.
Advances: Maintain disciplined capital allocation and liquidity
Improves liquidity and capital allocation flexibility.
Advances: Sustain monthly dividend growth
Analysis supports sustainability of monthly dividend growth.
Threatens: Increase investment volume to $9.5 billion in 2026
Slower business expansion may hinder investment volume growth.
Advances: Expand private capital partnerships
Diversifying funding supports expansion of private capital partnerships.
Advances: Expand private capital partnerships
European growth supports expansion of private capital partnerships.
Advances: Sustain monthly dividend growth
Recent results validate dividend sustainability and growth.
