Is it worth investing?
Realty Income Corporation is a middle-of-the-road business, at a price to match.
Realty Income Corporation (O) is a company in the REIT - Retail industry, listed on NYSE, with a market capitalisation of 57.9 billion USD. The stock trades at 62.11 USD, 8% below its 52-week high.
Against trailing twelve-month earnings, the price asks 51.7 times profit, versus 11.4 times for the industry median. Return on equity stands at 2.9%, against an industry median of 6.9%. Revenue has grown 28.4% a year over the past five years.
Over the past twelve months the stock returned +16.8%, against +24.8% for SPY over the same period. The analysis below covers valuation, profitability, growth, the balance sheet and price behaviour, with data updated daily.
Key data
The reported figures, before any interpretation
Price and Trading
- Open The price at which Realty Income Corporation shares first traded in the latest session.
- Close The price of the last Realty Income Corporation trade in the session that closed.
- Day range The lowest and highest price Realty Income Corporation shares reached in that session.
- Volume How many Realty Income Corporation shares changed hands in the latest session.
- 52-week range The lowest and highest price of Realty Income Corporation shares over the past year.
- Position in the 52-week range Where the current price of Realty Income Corporation shares sits between the low and the high of the past year. 100% means right at the high.
- 50-day average The average price of Realty Income Corporation shares over the last 50 sessions. Shows the short-term trend.
- 200-day average The average price of Realty Income Corporation shares over the last 200 sessions. Shows the long-term trend.
- Market cap The market value of all Realty Income Corporation shares combined.
Earnings and Valuation
- Earnings per share How much net profit belongs to a single Realty Income Corporation share over the last twelve months.
- Estimated earnings, current year The earnings per share analysts expect from Realty Income Corporation for the current financial year.
- Estimated earnings, next year The earnings per share expected from Realty Income Corporation for the following financial year.
- Revenue per share How much of the annual sales of Realty Income Corporation belongs to a single share.
- Book value per share How much Realty Income Corporation equity belongs to one share, once debt is subtracted from assets.
- Revenue, last 12 months Total Realty Income Corporation sales across the last four reported quarters.
- Price / earnings How many years of current profit a Realty Income Corporation share costs at today price.
- Forward price / earnings The same ratio, but against the profit Realty Income Corporation is expected to make next year.
- PEG The price/earnings ratio of Realty Income Corporation divided by its growth rate. Below 1 is considered cheap relative to how fast it grows.
- Enterprise value / EBITDA The price of the whole Realty Income Corporation business, debt included, against operating profit before depreciation.
Return and Risk
Low risk · 74- Net margin How much net profit Realty Income Corporation keeps out of every unit of sales.
- Return on equity How much net profit Realty Income Corporation produces from shareholder money.
- Dividend yield How much Realty Income Corporation pays out in dividends each year, relative to the share price.
- Dividend per share The estimated annual amount received for each Realty Income Corporation share held.
- Payout ratio What share of Realty Income Corporation profit goes back to shareholders as dividends. The rest stays in the company.
- Beta How strongly Realty Income Corporation shares move against the market. 1 means the same, above 1 means wider swings.
- Debt / equity How much debt Realty Income Corporation carries for every unit of equity.
- Short interest as % of float What share of freely tradable Realty Income Corporation stock is sold short, as a bet on a decline.
- Days to cover short positions How many normal trading days it would take to close every short position on Realty Income Corporation.
Some values update after the trading session opens, others are recalculated after it closes. Figures from the financial statements change only when results are published.
Verdict
The Realty Income Corporation score from 0 to 100, built from over 400 financial indicators. Not investment advice.At Realty Income Corporation, revenue grows 20% a year.
But the price asks 1.6 times the estimated value.
Operating profit covers interest less than twice over. Free cash flow covers 7% of the price each year. Averaged over five years, capital returned less than it cost.
- In Real Estate, Realty Income Corporation is above the sector average on shareholder yield and stability, below it on valuation.
- neutral verdicts returned a median of +12.2% over one year, across 63,296 assessments.
Analysis produced automatically by einvestitii.ro, on data as of aug. 24, 2026. It is not investment advice. Who produces it, what it rests on and what conflicts of interest exist — in the full disclosure.
Arguments for and against
What supports the case and what weakens it
Pro 4 arguments
- 🚀At Realty Income Corporation, revenue is growing at 28.4% a year.Above the sector median of 7.6%.
- 💵The dividend yield is 5.2%.Above the sector median, which pays 4.7%.
- 🛡The balance sheet structure signals no financial stress.An Altman score of 4.02 sits comfortably above the 2.60 threshold.
See all 4
- 🔥The 50-day price average sits above the 200-day.The opposite of the warning setup. The price sits 4.6% above the long average.
Against 9 arguments
- ⚖️Today's buyer pays for 51.7 years of current earnings.The sector median is 11.6. The ratio would return there only on a large jump in earnings.
- Each unit of shareholder capital produces only 2.9% of profit a year.The typical company in the sector produces 6.8%.
- Only 18.9% of revenue survives as net profit.Below the sector median, which keeps 32.4%.
See all 9
- 🏦Realty Income Corporation would need 7.78 years of operating profit to clear its debt.The typical company in the sector settles in 6.9 years.
- 🔻Management sold a net $1.13M over the past year.2 distinct sellers, with no offsetting purchases.
- The models find no durable competitive advantage.No identified barrier that would protect margins from competition.
- ⚠️Capital costs more than it produces.The gap is 4.8 points: 1.6% return against 6.4% cost.
- 📉Institutions were net sellers last quarter: 11 funds trimmed, 9 added.They still hold 79.4% of the company.
- 📉The last 8 reports fell short of analyst estimates.The latest by 10.5%. The beat rate over eight quarters is 0.0%.
What it is really worth
Value & Valuation
The market price is what buyers are asking today. Here we work out what the share should cost based on the company’s own figures: using the valuation models professional investors rely on, the growth the current price assumes, and the target set by the analysts who follow the company.
what analysts think
What the analysts covering the company think, and where they see the price twelve months out. These are their estimates, not ours.
- Strong sell 0 0%
- Sell 0 0%
- Hold 17 74%
- Buy 1 4%
- Strong buy 5 22%
The analyst consensus is more optimistic than our score, by 19 points on the same 0 to 100 scale.
Analyst estimates, third-party source. These are not our verdict.
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Price today $62.11
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Revisions, last 30 days 0 ↑1 ↓
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Expected earnings growth +11.43%
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Analysts covering 23
Analyst estimates, third-party source.
fair value
Overvalued price $62.11the price is 1.6 times the estimate from 2 models
What Realty Income Corporation shares should cost, according to the valuation models of the best-known investors in history.
These are estimates, not price targets: every model starts from assumptions about the future, and if the assumptions change, so does the number.
- Median of 2 modelsNot the average, but the middle value. A model that falls far out of line does not drag the result with it.
- Confidence in the estimateHow close the models are to one another.
- Spread across modelsHow far they deviate from the median on average. Below 50% means they are reasonably close.
projections
Projection computed on 18 august 2026These are not predictions. The model splits the possible outcomes into ranges and reports how often the price landed in each, across similar cases in the past.
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12 months out · median +5,0% −26% … +38%
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3 years out, per year · median −1,1% −5% … +1%
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5 years out, per year · median −1,5% −5% … +0%
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Of which repricing, per year −5,0%
Quantiles of a probabilistic model. Not price targets.
- Higher than today's price 54%
- Better than the index 43% index +4,5%
- Gain over 20% 14%
- Drop over 10% 18%
- Drop over 20% 7%
If the market fell 20%, the model expects −10,9% for this stock — because it moves 0,50 times as hard as the market. On a 40% fall: −21,7%.
Probabilities verified on historical cases.
profitability
return on capital 1.55%The engine runs at middling speed
Capital costs more than it produces: -4.82% short of the point where the business starts creating value.
- net margin18.94%
- consecutive revenue growth0 years
growth
revenue, 3 years 19.80%The pace is holding
The price assumes the pace holds. With no growth at all, the estimate drops to $25.84.
balance sheet and dividends
Solid balance sheet
- net debt$30.73B
- dividend yield5.23%
- of returned capital goes to buybacks1.20%
Middling quality
and a premium price.
The weaknesses of the business come at a price that does not compensate for them. That is two reasons for caution, not one.
For this to work out, results would have to grow enough to catch up with the price paid today.
Disclosure (legal information) See details Hide
Analysis produced by einvestitii.ro, founder . We are not supervised by the Romanian Financial Supervisory Authority. This is not personalised investment advice. Fair values are estimates, not guaranteed prices.
- Calculated 24 August 2026
- Price used $62.11 (as of 10 June 2026)
- Estimated fair value $37.84 — an estimate dependent on assumptions (cost of capital, growth, terminal value). Not a price target. Confidence: Înaltă.
- Updates On every recalculation of the company fundamentals.
- Verdict changed no (score +7.8 against the previous assessment)
- Conflicts of interest We hold no positions in the instruments analysed and receive no payment from issuers for assessments. Pages may contain affiliate links to brokers, marked as such, which do not influence the scores.