Realty Income
About: Realty Income owns roughly 15,400 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.
Employees: 418
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
59% more call options, than puts
Call options by funds: $324M | Put options by funds: $204M
35% more first-time investments, than exits
New positions opened: 155 | Existing positions closed: 115
31% more funds holding in top 10
Funds holding in top 10: 13 [Q2] → 17 (+4) [Q3]
31% more repeat investments, than reductions
Existing positions increased: 511 | Existing positions reduced: 391
20% more capital invested
Capital invested by funds: $36B [Q2] → $43.1B (+$7.04B) [Q3]
3% more funds holding
Funds holding: 1,157 [Q2] → 1,197 (+40) [Q3]
0.27% less ownership
Funds ownership: 78.39% [Q2] → 78.12% (-0.27%) [Q3]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
UBS Brent Dilts 60% 1-year accuracy 3 / 5 met price target | 26%upside $71 | Buy Maintained | 14 Nov 2024 |
Mizuho Vikram Malhorta 86% 1-year accuracy 18 / 21 met price target | 6%upside $60 | Neutral Downgraded | 14 Nov 2024 |
RBC Capital Brad Heffern 74% 1-year accuracy 28 / 38 met price target | 11%upside $63 | Outperform Maintained | 6 Nov 2024 |
Stifel Simon Yarmak 57% 1-year accuracy 17 / 30 met price target | 24%upside $70 | Buy Maintained | 5 Nov 2024 |
UBS Brent Dilts 60% 1-year accuracy 3 / 5 met price target | 27%upside $72 | Buy Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 95 articles about O published over the past 30 days
