Realty Income (NYSE:O) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Posted by Francis Steltz on Nov 3rd, 2026

Realty Income (NYSE:O – Get Free Report) had its target price boosted by equities research analysts at Royal Bank Of Canada from $60.00 to $61.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Royal Bank Of Canada‘s price target suggests a potential upside of 6.85% from the stock’s current price.

O has been the topic of several other research reports. Wells Fargo & Company dropped their price target on shares of Realty Income from $64.00 to $59.00 and set an “equal weight” rating on the stock in a research report on Monday, October 19th. Mizuho set a $187.00 price objective on Realty Income in a research note on Monday, October 19th. Evercore set a $65.00 price objective on shares of Realty Income in a research report on Monday, September 21st. Truist Financial raised Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 14th. Finally, Huntington initiated coverage on shares of Realty Income in a research report on Wednesday, July 15th. They set an “outperform” rating and a $70.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $71.81.

Check Out Our Latest Research Report on O

Realty Income Stock Performance

Shares of NYSE:O traded down $0.49 on Tuesday, hitting $57.09. 889,406 shares of the company were exchanged, compared to its average volume of 6,454,264. The stock’s 50 day moving average price is $57.40 and its 200 day moving average price is $61.59. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $54.02 billion, a P/E ratio of 41.72, a price-to-earnings-growth ratio of 4.39 and a beta of 0.69. Realty Income has a 1-year low of $53.15 and a 1-year high of $67.93.

Realty Income (NYSE:O – Get Free Report) last issued its quarterly earnings results on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.02. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the prior year, the company earned $1.08 EPS. Realty Income’s quarterly revenue was up 10.3% on a year-over-year basis. Sell-side analysts predict that Realty Income will post 4.45 EPS for the current year.

Hedge Funds Weigh In On Realty Income

Several hedge funds have recently added to or reduced their stakes in the stock. QRG Capital Management Inc. boosted its position in shares of Realty Income by 12.7% in the 2nd quarter. QRG Capital Management Inc. now owns 84,300 shares of the real estate investment trust’s stock valued at $5,223,000 after purchasing an additional 9,518 shares during the period. Meiji Yasuda Asset Management Co Ltd. purchased a new position in Realty Income during the second quarter worth about $17,203,000. WINTON GROUP Ltd purchased a new position in shares of Realty Income during the 2nd quarter worth approximately $936,000. Renaissance Technologies LLC acquired a new stake in shares of Realty Income in the 1st quarter valued at approximately $3,147,000. Finally, M3 Wealth Management LLC acquired a new stake in Realty Income in the second quarter valued at $2,665,000. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Realty Income

Here are the key news stories impacting Realty Income this week:

Positive Sentiment: Q3 results exceeded expectations: Realty Income reported revenue of approximately $1.62 billion, up 10.3% year over year and above the $1.43 billion consensus estimate. Funds from operations (FFO) reached $1.12 per share, topping expectations of $1.11 and increasing from $1.08 a year earlier. Realty Income Corp. Tops Q3 FFO and Revenue Estimates
Positive Sentiment: Guidance was raised or reaffirmed at a favorable level: Management updated full-year 2026 earnings-per-share guidance to $4.450-$4.460, versus a $4.450 analyst consensus. AFFO per share rose 3.7% year over year, while occupancy and rents edged higher, supporting the stability of Realty Income’s recurring cash flows. Realty Income Q3 2026 Earnings Call Transcript
Positive Sentiment: Expansion could add new growth and fee income: Realty Income’s European private-capital platform joint venture with KKR, backed by an initial €528 million, may diversify growth beyond its traditional net-lease portfolio and provide additional fee and rental revenue. Does Earnings Beat Change The Bull Case For Realty Income Stock
Neutral Sentiment: Income appeal remains central: Realty Income continues to attract dividend-focused investors because of its long record of monthly distributions, but dividend-oriented commentary is not a material new fundamental catalyst. 675 Straight Monthly Dividends
Negative Sentiment: Interest-rate risk remains: A rate spike is making real estate financing more expensive and could limit acquisition-driven growth, potentially offsetting some of the benefits from the earnings beat and higher guidance. Realty Income Matches The Whisper And Raises Guidance Again

About Realty Income

(Get Free Report)

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily invests in single-tenant properties that are leased to businesses under long-term, net lease agreements, under which tenants generally are responsible for property taxes, insurance and maintenance.

Its portfolio includes retail, grocery, convenience store, industrial, distribution and other commercial properties. Realty Income serves a broad range of tenants and seeks to generate recurring rental income through long-term leases.