Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. More Details
6 star dividend payer and slightly overvalued.
Share Price & News
How has Realty Income's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: O is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: O's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: O exceeded the US REITs industry which returned 26.1% over the past year.
Return vs Market: O underperformed the US Market which returned 53.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Realty Income's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StNeed To Know: Realty Income Corporation (NYSE:O) Insiders Have Been Selling Shares
1 month ago | Simply Wall StDo Fundamentals Have Any Role To Play In Driving Realty Income Corporation's (NYSE:O) Stock Up Recently?
1 month ago | Simply Wall StRealty Income Corporation's (NYSE:O) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Is Realty Income undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: O ($67.02) is trading below our estimate of fair value ($107.51)
Significantly Below Fair Value: O is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: O is poor value based on its PE Ratio (58.5x) compared to the US REITs industry average (47.1x).
PE vs Market: O is poor value based on its PE Ratio (58.5x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: O is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: O is overvalued based on its PB Ratio (2.2x) compared to the US REITs industry average (1.8x).
How is Realty Income forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: O's forecast earnings growth (18.2% per year) is above the savings rate (2%).
Earnings vs Market: O's earnings (18.2% per year) are forecast to grow faster than the US market (18% per year).
High Growth Earnings: O's earnings are forecast to grow, but not significantly.
Revenue vs Market: O's revenue (8.7% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: O's revenue (8.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: O's Return on Equity is forecast to be low in 3 years time (5.3%).
How has Realty Income performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: O has high quality earnings.
Growing Profit Margin: O's current net profit margins (23.9%) are lower than last year (29.3%).
Past Earnings Growth Analysis
Earnings Trend: O's earnings have grown by 11.7% per year over the past 5 years.
Accelerating Growth: O's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: O had negative earnings growth (-9.5%) over the past year, making it difficult to compare to the REITs industry average (-4.4%).
Return on Equity
High ROE: O's Return on Equity (3.6%) is considered low.
How is Realty Income's financial position?
Financial Position Analysis
Short Term Liabilities: O's short term assets ($1.3B) exceed its short term liabilities ($313.2M).
Long Term Liabilities: O's short term assets ($1.3B) do not cover its long term liabilities ($9.4B).
Debt to Equity History and Analysis
Debt Level: O's debt to equity ratio (80.7%) is considered high.
Reducing Debt: O's debt to equity ratio has increased from 73.6% to 80.7% over the past 5 years.
Debt Coverage: O's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: O's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is Realty Income current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: O's dividend (4.21%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: O's dividend (4.21%) is in the top 25% of dividend payers in the US market (3.46%)
Stability and Growth of Payments
Stable Dividend: O's dividends per share have been stable in the past 10 years.
Growing Dividend: O's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (84.4%), O's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: O's dividends in 3 years are forecast to be covered by earnings (78.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sumit Roy (50 yo)
Mr. Sumit Roy serves as President since November 2015 and has been Chief Executive Officer and Director at Realty Income Corporation since October 16, 2018. Mr. Roy served as the Chief Operating Officer of...
CEO Compensation Analysis
Compensation vs Market: Sumit's total compensation ($USD7.79M) is below average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Sumit's compensation has been consistent with company performance over the past year.
Experienced Management: O's management team is considered experienced (2.4 years average tenure).
Experienced Board: O's board of directors are considered experienced (9.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.
Realty Income Corporation's company bio, employee growth, exchange listings and data sources
- Name: Realty Income Corporation
- Ticker: O
- Exchange: NYSE
- Founded: 1969
- Industry: Retail REITs
- Sector: Real Estate
- Implied Market Cap: US$25.063b
- Market Cap: US$25.032b
- Shares outstanding: 373.96m
- Website: https://www.realtyincome.com
Number of Employees
- Realty Income Corporation
- 11995 El Camino Real
- San Diego
- United States
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 sup...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/18 22:52|
|End of Day Share Price||2021/04/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.