Realty Income (NYSE:O) Given New $63.00 Price Target at Cantor Fitzgerald

Posted by George Bondi on Nov 6th, 2026

Realty Income (NYSE:O – Free Report) had its price objective reduced by Cantor Fitzgerald from $68.00 to $63.00 in a research report sent to investors on Thursday,Benzinga reports. Cantor Fitzgerald currently has a neutral rating on the real estate investment trust’s stock.

A number of other research analysts also recently weighed in on O. Weiss Ratings downgraded shares of Realty Income from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 30th. Barclays cut their price target on shares of Realty Income from $65.00 to $61.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 20th. Wells Fargo & Company reduced their price objective on shares of Realty Income from $64.00 to $59.00 and set an “equal weight” rating for the company in a research note on Monday, October 19th. Truist Financial upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 14th. Finally, Royal Bank Of Canada raised their price objective on Realty Income from $60.00 to $61.00 and gave the company an “outperform” rating in a report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $71.51.

View Our Latest Report on O

Realty Income Trading Up 0.4%

NYSE:O opened at $59.47 on Thursday. The company has a market cap of $56.56 billion, a P/E ratio of 13.40, a price-to-earnings-growth ratio of 4.62 and a beta of 0.65. Realty Income has a twelve month low of $53.15 and a twelve month high of $67.93. The business has a 50 day moving average price of $57.16 and a two-hundred day moving average price of $61.56. The company has a quick ratio of 5.88, a current ratio of 6.04 and a debt-to-equity ratio of 0.74.

Realty Income (NYSE:O – Get Free Report) last posted its quarterly earnings data on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.02. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.43 billion. Realty Income had a net margin of 21.85% and a return on equity of 3.27%. The firm’s revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company earned $1.08 earnings per share. As a group, analysts expect that Realty Income will post 4.45 EPS for the current fiscal year.

Realty Income Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be issued a $0.2715 dividend. This represents a $3.26 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Friday, October 30th. Realty Income’s dividend payout ratio is presently 224.83%.

Hedge Funds Weigh In On Realty Income

Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Realty Income during the 2nd quarter worth approximately $6,997,219,000. State Street Corp increased its holdings in shares of Realty Income by 3.4% during the second quarter. State Street Corp now owns 65,929,425 shares of the real estate investment trust’s stock worth $4,102,484,000 after purchasing an additional 2,166,180 shares during the period. Bank of America Corp DE raised its position in shares of Realty Income by 10.3% in the second quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust’s stock valued at $1,184,551,000 after buying an additional 1,785,859 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Realty Income by 1.2% in the first quarter. Dimensional Fund Advisors LP now owns 13,018,219 shares of the real estate investment trust’s stock valued at $796,457,000 after buying an additional 154,581 shares in the last quarter. Finally, Legal & General Group Plc acquired a new stake in shares of Realty Income in the second quarter valued at approximately $643,334,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

More Realty Income News

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

Positive Sentiment: After its Q3 2026 results, Realty Income raised its full-year adjusted funds from operations (AFFO) outlook to $4.45–$4.46 per share. AFFO was $1.12 per share for the quarter, and the company reported a 170-basis-point investment spread. Management also cited record investment sourcing and a €528 million European joint venture with KKR. Realty Income stock climbs on Q3 earnings and higher AFFO outlook
Positive Sentiment: Huntington initiated coverage with a “Strong Buy” rating and raised its earnings estimates across multiple periods, including FY2027 to $4.50 and FY2028 to $4.62 per share. The upward revisions suggest greater optimism about Realty Income’s earnings outlook. Huntington analyst recommendations
Positive Sentiment: Royal Bank of Canada reportedly raised its price target for Realty Income, another potentially supportive analyst signal; the supplied report does not provide the revised target. Realty Income stock gets price target increase from Royal Bank of Canada
Neutral Sentiment: Recent investor commentary highlights Realty Income’s monthly dividend, diversified portfolio, and high occupancy as attractions for income-focused investors. This is supportive of the investment case but is not a new company announcement. Realty Income pays you 12 times a year
Negative Sentiment: Cantor Fitzgerald cut its price target from $68 to $63 and maintained a “Neutral” rating. While the revised target remains above the cited share price, the reduction signals more restrained near-term expectations. Cantor Fitzgerald stock recommendations

Realty Income Company Profile

(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.