Realty IncomeO
Market Cap: $54.3B
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 Q2 SEC filings by fund managers ($100M+ AUM)
38% more repeat investments, than reductions
Existing positions increased: 525 | Existing positions reduced: 381
23% more call options, than puts
Call options by funds: $255M | Put options by funds: $208M
4% less capital invested
Capital invested by funds: $36.9B [Q1] → $35.4B (-$1.53B) [Q2]
10% less first-time investments, than exits
New positions opened: 111 | Existing positions closed: 123
1% less funds holding
Funds holding: 1,158 [Q1] → 1,146 (-12) [Q2]
2.23% less ownership
Funds ownership: 79.18% [Q1] → 76.94% (-2.23%) [Q2]
24% less funds holding in top 10
Funds holding in top 10: 17 [Q1] → 13 (-4) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
JP Morgan Anthony Paolone 69% 1-year accuracy 9 / 13 met price target | 7%upside $67 | Neutral Maintained | 3 Sept 2024 |
Stifel Simon Yarmak 82% 1-year accuracy 23 / 28 met price target | 13%upside $70 | Buy Maintained | 28 Aug 2024 |
Scotiabank Nicholas Yulico 68% 1-year accuracy 15 / 22 met price target | 2%downside $61 | Sector Perform Maintained | 26 Aug 2024 |
Wells Fargo James Feldman 82% 1-year accuracy 14 / 17 met price target | 1%downside $62 | Equal-Weight Maintained | 26 Aug 2024 |
Wedbush Jay Kornreich 100% 1-year accuracy 2 / 2 met price target | 3%upside $64 | Neutral Initiated | 19 Aug 2024 |
Financial journalist opinion
Based on 98 articles about O published over the past 30 days