Realty Income Corporation (O) fair value analysis
S&P 500 · Updated 2026-10-19
O price how computed
Valuation status
No P/E-based verdictO: P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
The price, fundamentals and dividend data below are unaffected.
- Last price
- $54.18
- Sector
- Real Estate
- 12-month range
- $53.35–$67.56
- Market cap
- $51.3B
- From 52-week high
- -19.8%
- Shares outstanding
- 946M
- Rank in Real Estate by quality score
- #1 of 45
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Realty Income Corporation is a real estate investment trust that acquires and owns commercial properties, primarily leasing them to tenants under long-term agreements. The company operates a diversified portfolio of properties across the United States and in select international markets including Canada, the United Kingdom, Spain, and France.
O currently ranks #1 of 45 Real Estate stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $51.3B
- P/E (trailing)
- 26x
- Revenue (TTM)
- $5.93B
- Net margin
- 22.3%
- EPS (TTM)
- $2.12
- Gross margin
- 92.1%
- Debt / equity
- 0.07
- Revenue growth (3-yr avg)
- 12.4%
- Shares outstanding
- 946M
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Contracting
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 50 · neutral
- 50-day average
- $58.70
- 200-day average
- $61.71
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Dividends how computed
- Paid, last 12 months
- $3.24 per share (12 payments)
- Yield on last price
- 5.99%
- Consecutive years of increases
- 1
- Next ex-dividend date
- 2026-10-30
- Last payment date
- 2026-10-15
Earnings how computed
- Next earnings report
- 2026-11-02 (post-market)
- Last 8 quarters vs consensus
- 0 beat, 7 missed
- Quarter by quarter
- 2026-06 ▬ met (0.0%)
2026-03 ▼ miss (-19.0%)
2025-12 ▼ miss (-13.2%)
2025-09 ▼ miss (-10.0%)
2025-06 ▼ miss (-45.0%)
2025-03 ▼ miss (-15.2%)
2024-12 ▼ miss (-44.4%)
2024-09 ▼ miss (-8.8%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 7 buy · 16 hold · 1 sell (24 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $65.6
- Target vs last price
- +21.1%
What our data shows for O
- Shares are trading in the lower third of their 12-month price range of $53.35–$67.56.
- The 14-day relative strength index sits at a neutral 50.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- O's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent O news
TickrTrends' derived news-sentiment signal for O is currently leaning positive, computed from recent coverage.
- Here is What to Know Beyond Why Realty Income Corporation (O) is a Trending Stock (zacks.com, 2026-10-21)
- Realty Income (O) Declares Monthly Dividend of $0.2715, Yielding 5.92% (gurufocus.com, 2026-10-13)
- Realty Income: The Buy Case Is Getting Weaker (NYSE:O) (seekingalpha.com, 2026-10-09)
More O news
- Realty Income Stock: Why I’m Back Buying At A 6% Yield (NYSE:O) (seekingalpha.com, 2026-10-08)
What people are saying
Follow the O conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — TickrTrends' derived indicators for O showed a shift in the Relative Strength Index zone this week, moving from oversold to neutral territory. This change suggests a moderation in the momentum dynamics for the Real Estate sector holding. As a Real Estate Investment Trust, O does not receive a P/E-based valuation verdict from TickrTrends.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — TickrTrends' derived indicators for O showed improvement this week, with the quality grade advancing from C to A. As a real estate investment trust, O does not receive a P/E-based valuation verdict.
- 2026-10-06 — O is a Real Estate sector company classified as a REIT, which means it does not receive a P/E-based valuation verdict. This week, the company's valuation classification changed from Undervalued to no P/E-based verdict, reflecting the methodology adjustment for REIT evaluation. TickrTrends' derived indicators have been updated to align with REIT-specific valuation approaches rather than traditional price-to-earnings analysis.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is O stock undervalued?
TickrTrends publishes no fair-value verdict for O. P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
What is O's TickrTrends verdict?
O is a REIT, so it is marked 'No P/E-based verdict'. Its price, fundamentals and dividend data are still shown and refreshed with every run.
How does O compare to other Real Estate stocks?
O ranks #1 of 45 Real Estate stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is O overbought or oversold?
O's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does O pay a dividend?
Yes. O paid $3.24 per share over the last twelve months (12 payments), a 5.99% yield on TickrTrends' last price, and has raised the annual total for 1 consecutive year. The next ex-dividend date on file is 2026-10-30.
When does O report earnings next?
O's next earnings report is scheduled for 2026-11-02 (post-market), per the published earnings calendar.
Does O usually beat earnings estimates?
Over its last 8 reported quarters O beat the consensus estimate 0 times and missed 7 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about O?
Of 24 analysts covering O, 7 rate it a buy, 16 a hold and 1 a sell - hold-leaning, with a consensus price target of $65.6 (+21.1% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.