0.81%
4.37%
0.60%
-8.43%
8.20%
-13.72%
-21.47%
AI Spotlight on O
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Company Description
Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income.The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with our commercial clients.To date, the company has declared 608 consecutive common stock monthly dividends throughout its 52-year operating history and increased the dividend 109 times since Realty Income's public listing in 1994 (NYSE: O).
The company is a member of the S&P 500 Dividend Aristocrats index.Additional information about the company can be obtained from the corporate website at www.realtyincome.com.
Market Data
| Last Price | 57.03 |
| Change Percentage | 0.81% |
| Open | 56.84 |
| Previous Close | 56.57 |
| Market Cap ( Millions) | 50843 |
| Volume | 7515670 |
| Year High | 64.88 |
| Year Low | 50.65 |
| M A 50 | 54.21 |
| M A 200 | 57.12 |
Financial Ratios
| FCF Yield | 6.93% |
| Dividend Yield | 5.06% |
| ROE | 2.22% |
| Debt / Equity | 68.89% |
| Net Debt / EBIDTA | 600.43% |
| Price To Book | 1.28 |
| Price Earnings Ratio | 57.69 |
| Price To FCF | 14.44 |
| Price To sales | 9.61 |
| EV / EBITDA | 17.61 |
News
- Mar -01 - The Smartest Dividend Stocks to Buy With $3,000 Right Now
- Mar -01 - 3 High-Yield Dividend Stocks to Buy Now and Hold Forever
- Mar -01 - 3 Reasons to Buy This Magnificent High-Yielding Dividend Stock and Hold Forever
- Mar -01 - Realty Income's Forecast Disappoints, But Can the Stock Rebound?
- Feb -28 - Buried Treasures: 4 Dramatically Undervalued REITs
- Feb -28 - 31 Upcoming Dividend Increases, Including 3 Kings
- Feb -27 - Realty Income Announces Participation in Upcoming Investor Conferences
- Feb -27 - My Best Dividend Aristocrats For March 2025
- Feb -27 - Volatility Is Back: 3 Stocks To Cushion the S&P 500's Swings
- Feb -27 - Dividend Harvesting Portfolio Week 208: $20,800 Allocated, $2,017.65 In Projected Dividends
- Feb -27 - The Ultimate Real Estate Dividend Stock to Buy With $200 Right Now
- Feb -27 - These 6 Ultra SWANs Are My Family's Financial Safety Net - They Could Be Yours As Well
- Feb -27 - Want Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever
- Feb -26 - This Dependable 5.6%-Yielding Dividend Stock Continues Its Steady Growth
- Feb -26 - Realty Income: Sleep Well At Night Stocks Are Fashionable Again
- Feb -26 - Realty Income: Disappointing Guidance Turns Me To 'Hold' Once Again (Rating Downgrade)
- Feb -26 - 2 No-Brainer Dividend Stocks With Yields Above 5% That You Can Buy With $150 Right Now
- Feb -25 - Realty Income Corporation (O) Q4 2024 Earnings Call Transcript
- Feb -25 - Avoiding Nightmares With Realty Income
- Feb -25 - Realty Income's Q4 AFFO Miss Estimates, Revenues Rise Y/Y
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Retail
Expected Growth : 4.5 %
What the company do ?
Retail from Realty Income Corporation refers to the company's investment in freestanding, single-tenant retail properties, generating rental income from top-tier retailers.
Why we expect these perspectives ?
Retail segment growth of 4.5% driven by increasing demand for essential goods, expansion of e-commerce capabilities, and strategic acquisitions. Additionally, Realty Income's diversified tenant base, long-term leases, and investment-grade credit profile contribute to stable cash flows and growth. The company's focus on necessity-based retailers, such as grocery stores and pharmacies, also supports resilience in economic downturns.
Segment n°2 -> Industrial
Expected Growth : 4.8 %
What the company do ?
Industrial segment of Realty Income Corporation refers to the leasing of warehouses, distribution centers, and other industrial properties to tenants.
Why we expect these perspectives ?
Realty Income Corporation's Industrial segment growth of 4.8% is driven by increasing demand for logistics and e-commerce fulfillment centers, expansion of existing customer relationships, and strategic acquisitions of high-quality properties. Additionally, the company's focus on long-term leases and rent escalations provides a stable source of revenue growth.
Segment n°3 -> Office, Agriculture and Gaming
Expected Growth : 5.0 %
What the company do ?
Office segment includes properties leased to government and corporate tenants, Agriculture segment includes farms and ranches, and Gaming segment includes casinos and gaming facilities.
Why we expect these perspectives ?
{'Office': '5.0% growth driven by increasing demand for Class-A office spaces, expansion of tech industries, and long-term leases with high-credit tenants.', 'Agriculture': '5.0% growth fueled by rising global food demand, increasing farmland values, and long-term leases with established agricultural operators.', 'Gaming': '5.0% growth driven by growing gaming industry trends, expansion of online gaming, and long-term leases with established gaming operators.'}
Segment n°4 -> Other
Expected Growth : 4.2 %
What the company do ?
Other from Realty Income Corporation refers to the residual category of revenue streams not classified under retail, restaurants, or convenience stores.
Why we expect these perspectives ?
Realty Income's 4.2% growth is driven by its diversified portfolio of over 6,500 properties, with a focus on high-quality, essential retail and industrial assets. Strong tenant relationships, a long-term lease structure, and a disciplined capital allocation strategy also contribute to its growth. Additionally, the company's investment-grade credit rating and access to low-cost capital enable it to capitalize on accretive acquisitions and drive long-term value creation.
Realty Income Corporation Products
| Product Range | What is it ? |
|---|---|
| Net Leased Properties | Realty Income Corporation owns and operates a diversified portfolio of freestanding, single-tenant properties, primarily leased to commercial tenants under long-term, net leases. |
| Commercial Properties | The company acquires and manages a range of commercial properties, including office buildings, retail centers, and industrial facilities. |
| Industrial Properties | Realty Income Corporation invests in industrial properties, including warehouses, distribution centers, and manufacturing facilities. |
| Retail Properties | The company owns and operates a portfolio of retail properties, including shopping centers, restaurants, and convenience stores. |
| Office Properties | Realty Income Corporation acquires and manages office buildings, including single-tenant and multi-tenant properties. |
| Triple-Net Leased Properties | The company owns and operates a portfolio of triple-net leased properties, where tenants are responsible for property taxes, insurance, and maintenance. |
Realty Income Corporation's Porter Forces
Threat Of Substitutes
Realty Income Corporation's business model is focused on acquiring and managing a diversified portfolio of commercial properties, which reduces the threat of substitutes.
Bargaining Power Of Customers
Realty Income Corporation's tenants are primarily investment-grade companies, which gives them some bargaining power. However, the company's diversified portfolio and long-term leases mitigate this risk.
Bargaining Power Of Suppliers
Realty Income Corporation has a diversified portfolio of properties, which reduces its dependence on any single supplier. Additionally, the company's scale and financial resources give it bargaining power over suppliers.
Threat Of New Entrants
The commercial real estate industry has high barriers to entry, including significant capital requirements and complex regulatory requirements, which reduces the threat of new entrants.
Intensity Of Rivalry
The commercial real estate industry is highly competitive, with many established players. However, Realty Income Corporation's diversified portfolio and focus on net lease properties differentiate it from competitors.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 40.03% |
| Debt Cost | 3.95% |
| Equity Weight | 59.97% |
| Equity Cost | 8.55% |
| WACC | 6.71% |
| Leverage | 66.75% |
Realty Income Corporation : Quality Control
Realty Income Corporation passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| VICI | VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' … |
| ALX | Alexander's, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan area. |
| SPG | Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our … |
| PINE | Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that acquires, owns and operates a portfolio of high-quality single-tenant net leased commercial income properties. |
| CBL | Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL's portfolio is comprised of 106 properties totaling 65.7 … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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CBL Properties
A-Score
1-Year Total Return ->
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VICI Properties
A-Score
1-Year Total Return ->
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Simon Property Group
A-Score
1-Year Total Return ->
4
Alpine Income Property Trust
A-Score
1-Year Total Return ->
5
Realty Income
A-Score
1-Year Total Return ->
6
