Realty Income Corporation [NYSE: O] traded at a low on 07/28/21, posting a -1.00 loss after which it closed the day’ session at $70.33. The company report on July 14, 2021 that 613th Consecutive Common Stock Monthly Dividend Declared By Realty Income.
Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, announced that its Board of Directors has declared the 613th consecutive common stock monthly dividend. The dividend amount of $0.2355 per share, representing an annualized amount of $2.826 per share, is payable on August 13, 2021 to shareholders of record as of August 2, 2021. The ex-dividend date for August’s dividend is July 30, 2021.
About Realty Income.
The results of the trading session contributed to over 3475016 shares changing hands. Over the past one week, the price volatility of Realty Income Corporation stands at 1.15% while the volatility over the past one month is 1.43%.
The market cap for O stock reached $27.16 billion, with 373.57 million shares outstanding and 372.70 million shares in the current float. Compared to the average trading volume of 3.57M shares, O reached a trading volume of 3475016 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Realty Income Corporation [O]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for O shares is $74.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on O stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Realty Income Corporation shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on June 15, 2021. The new note on the price target was released on June 03, 2021, representing the official price target for Realty Income Corporation stock. Previously, the target price had yet another drop from $64 to $62, while Mizuho kept a Neutral rating on O stock.
The Average True Range (ATR) for Realty Income Corporation is set at 1.00, with the Price to Sales ratio for O stock in the period of the last 12 months amounting to 16.17. The Price to Book ratio for the last quarter was 2.27, with the Price to Cash per share for the same quarter was set at 0.48. Price to Free Cash Flow for O in the course of the last twelve months was 228.26.
How has O stock performed recently?
Realty Income Corporation [O] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.21. With this latest performance, O shares gained by 3.69% in over the last four-week period, additionally plugging by 16.52% over the last 6 months – not to mention a rise of 17.51% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for O stock in for the last two-week period is set at 57.60, with the RSI for the last a single of trading hit 58.34, and the three-weeks RSI is set at 56.70 for Realty Income Corporation [O]. The present Moving Average for the last 50 days of trading for this stock 68.80, while it was recorded at 70.48 for the last single week of trading, and 63.88 for the last 200 days.
Realty Income Corporation [O]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Realty Income Corporation [O] shares currently have an operating margin of +39.83 and a Gross Margin at +44.52. Realty Income Corporation’s Net Margin is presently recorded at +15.92.
Return on Total Capital for O is now 3.42, given the latest momentum, and Return on Invested Capital for the company is 1.38. Return on Equity for this stock inclined to 2.53, with Return on Assets sitting at 1.34. When it comes to the capital structure of this company, Realty Income Corporation [O] has a Total Debt to Total Equity ratio set at 84.29. Additionally, O Total Debt to Total Capital is recorded at 45.74, with Total Debt to Total Assets ending up at 44.64. Long-Term Debt to Equity for the company is recorded at 83.89, with the Long-Term Debt to Total Capital now at 45.52.
Reflecting on the efficiency of the workforce at the company, Realty Income Corporation [O] managed to generate an average of $1,252,029 per employee. Receivables Turnover for the company is 4.78 with a Total Asset Turnover recorded at a value of 0.08.
Earnings analysis for Realty Income Corporation [O]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for O. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Realty Income Corporation go to 5.45%.
Insider trade positions for Realty Income Corporation [O]
There are presently around $18,701 million, or 70.10% of O stock, in the hands of institutional investors. The top three institutional holders of O stocks are: VANGUARD GROUP INC with ownership of 57,666,108, which is approximately 5.894% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 35,817,931 shares of the stock with an approximate value of $2.52 billion in O stocks shares; and STATE STREET CORP, currently with $1.89 billion in O stock with ownership of nearly 9.507% of the company’s market capitalization.
Positions in Realty Income Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 484 institutional holders increased their position in Realty Income Corporation [NYSE:O] by around 21,667,536 shares. Additionally, 324 investors decreased positions by around 13,283,916 shares, while 129 investors held positions by with 230,948,608 shares. The mentioned changes placed institutional holdings at 265,900,060 shares, according to the latest SEC report filing. O stock had 91 new institutional investments in for a total of 1,462,962 shares, while 76 institutional investors sold positions of 1,863,322 shares during the same period.