Insider buying last 90 days
No open-market insider purchases were filed for O in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every O insider filing, plotted on the chart in Gekko.Open O in Gekko
Realty Income (O) Stock Analysis & Forecast
$56.66−0.66 (−1.2%)
Close on Sep 18, 2026. Page updated Sep 19, 9:19 pm ET.
Gekko Brief
AI summaryRealty Income closes at $56.66, down 1.2%, with price sitting below both the 50-day average of $62.49 and the 200-day average of $61.94. Shares are down 10% over one month, 5.9% over three months, and 5.1% over the past year, and trade near the 52-week low of $55.86 against a high of $67.94. The GekkoIndex reads 83.7, placing the stock in the Buying zone, and price sits 8.1% below Gekko Fair Value of $61.65.
Coverage this week centers on the dividend and valuation debate around Realty Income. One piece discusses sheltering the monthly dividend from taxes in a Roth IRA, while another compares Realty Income's 5.46% yield and long dividend increase streak against VICI Properties' 7.19% yield. A downgrade piece describes a "higher-for-longer" rates thesis, noting the writer's earlier bullish case rested on both growth and favorable rates, with only growth having materialized. The stock also drew notice after a 2.5% drop on 16 September, closing at $57.22 that session after touching a low of $56.86, and later at $58.56 on 15 September, both filed alongside routine Form 8-K submissions.
Earnings are scheduled for 2 November, 43 days out, following an August 5 report where AFFO per share came in at $1.09, matching estimates, with a 0.9% reaction. Full-year AFFO guidance midpoint was raised to $4.44–$4.45. Analyst consensus among 14 firms shows 3 buy, 10 hold, and 1 sell ratings, with a consensus target of $68.16. Seasonally, the next 20 trading days have averaged a 1.4% decline over 5 years, rising in 3 of them. One billionaire holder is noted, with no insider, Congress, or options signal data reported in their respective windows.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $56.66200-day averageGekko Fair Value $61.65
Key stats
- Market cap
- $52.84B
- P/E ratio
- 41.5
- Forward P/E
- 34
- EPS, TTM
- $1.38
- Revenue, TTM
- $6.07B
- Profit margin
- 20.9%
- Dividend yield
- 5.66%
- Beta
- 0.71
- Volume
- 15.18M avg 6.37M
- 1-year return
- −5.1%
- Typical daily move
- ±1.7%
- Typical 20-day move
- ±3.8%
- 50-day average
- $62.49
- 200-day average
- $61.94
- Next earnings
- Nov 2
- Shares outstanding
- 946.2M
Realty Income swing-trade checklist
Realty Income scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive2 mixed0 headwinds
- Trendmixed
Averages disagree
Close $56.66 sits between the 50-day ($62.49) and 200-day ($61.94) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
83.7, Buying
Reading 83.7 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
8.1% below
Price is 8.1% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 43 days
Next report Nov 2, 2026, 43 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitymixed
−1.4% on average
From this point in the calendar, the next 20 trading days averaged −1.4% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Realty Income stock chart and price history
Realty Income closed at $56.66 on Sep 18, 2026, −5.1% over the past year, inside a 52-week range of $55.86 to $67.94.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −10.0%
- 3 months
- −5.9%
- 6 months
- −9.5%
- 1 year
- −5.1%
The full O chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open O in Gekko
Follow Realty Income through every session
Put O on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
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About Realty Income
Realty Income earns its money by owning commercial real estate and collecting rent from businesses that lease those properties under long-term agreements. The company has built a reputation around paying its shareholders on a monthly basis, a practice reflected in the nickname it has taken on as the go-to name for regular, recurring payouts rather than the more typical quarterly schedule.
The business is structured as a Real Estate Investment Trust, meaning its income is tied directly to rents collected across a portfolio of more than 6,500 properties. Its tenants span a range of businesses that sign extended lease terms, giving the company a steady stream of cash flow to support its distributions. Realty Income is also included in the S&P 500 and counts itself among the Dividend Aristocrats, a group recognized for extended histories of raising payouts.
Realty Income has been operating for 52 years and has made 608 consecutive monthly dividend payments to holders of its common stock, raising that payout 109 times since it became a publicly traded company in 1994. Its shares trade under the ticker O.
- Sector
- Finance
- Website
- realtyincome.com
Realty Income GekkoIndex: the smart money zone
Realty Income’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 83.7, in the Buying zone, up 11.9 points over five sessions.
83.7Buying
Up 11.9 points over five sessions.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 25 | +1.2% | +2.3% | ||
| Accumulation | 182 | +0.5% | +1.3% | ||
| Neutral | 381 | −0.1% | 0.0% | ||
| Distribution | 27 | +0.5% | +4.7% | ||
| Selling | 0 | Not available | |||
Average O share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the O price, zone by zone.Track O in Gekko
Is Realty Income stock overvalued? Gekko Fair Value
Realty Income trades 8.1% below Gekko Fair Value of $61.65, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Realty Income shares are worth, recalculated every trading day.
$61.65
Gekko Fair Value, Sep 19, 2026
8.1% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open O in Gekko
Realty Income insider and Congress trading
No open-market insider purchases were filed for Realty Income, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in O were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for O, plotted on the chart in Gekko.Open O in Gekko
Buybacks
Realty Income has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $6K
- As a share of market cap
- 0.00%
From company filings.
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds O.
0added0opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Realty Income earnings: next date and track record
Realty Income reports on Nov 2, 2026 (43 days away), and beat the EPS estimate in 0 of its last 8 reports.
Next earnings report
Nov 2, 2026
43 days away
- EPS estimate
- $0.41
- Revenue estimate
- $1.43B
0 of 8reports beat the EPS estimate
±1.4%average move across the report
1 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 5, 2026 AI summary
- What they said
- Realty Income reported a strong Q2 2026 driven by diversified investment activity, disciplined capital allocation, and growth in AFFO per share. AFFO per share grew 3.8% quarter-over-quarter to $1.09 and year-to-date to $2.22 (5.2% growth). Management raised full-year AFFO per share midpoint by $0.02 to a range of $4.44–$4.45 and increased 2026 investment volume guidance from $9.5 billion to $10 billion. Q2 global investments totaled approximately $2.6 billion (pro rata $2.1 billion) at an initial weighted average cash yield of 7.3%, with U.S. pro rata investments of ~$1.7 billion at a 7.4% yield (industrial ~75% of U.S. real estate investments). Management highlighted a $6 billion programmatic hyperscale data center JV with Cloud Capital and continued expansion of private capital channels (open-ended core-plus fund, insurance JV, Apollo JV, GIC JV). Liquidity and financing were strengthened via expansion of credit facility and commercial paper programs, a €600 million bond at 3.7%, and $90 million of additional forward equity (ATM), resulting in pro forma available liquidity of >$5.7 billion. Balance-sheet metrics remained healthy: net debt / pro forma adj. EBITDA ~5.4x (5.2x incl. unsettled ATM forwards). Management emphasized capital recycling, targeted portfolio upgrading, credit investments as a conduit to real estate, and disciplined underwriting for new asset types (notably data centers). Same-store revenue grew 1.2%; watch list remains granular at ~high-5% of tenants, with historical credit loss ~low-20 bps and conservative guidance at 40 bps.
- Guidance
- Raised full year AFFO per share midpoint by $0.02 to $4.44–$4.45. Increased 2026 investment volume guidance from $9.5B to $10B. Management expects ~ $10M of annual management fees from the core-plus fund and $2–3M from the insurance JV. Bad debt guidance remains conservative at ~40 bps. Approximately $9B of the $10B investment guidance is expected to be on balance sheet (with remainder via funds/JVs).
- Risks flagged
- Interest rate and cap-rate risk (potential upward pressure on cap rates if long-term rates remain elevated); competitive pressure compressing cap rates in the U.S.; country-level financing cost differences (e.g., higher UK cost of debt vs. euro debt); tenant credit concentration and sector-specific exposure (home furnishings, casual dining, hotels noted in watch list); residual/obsolescence risk in data centers and development-phase assets; execution risk related to large-scale fundraising and JV performance; FX and noncash items (FX gains/losses, CECL impacts) affecting other adjustments.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 5, 2026 | $1.09 est $1.09 | $1.43B est $1.40B | −0.9% |
| May 6, 2026 | $0.34 est $0.38 | $1.44B est $1.39B | −2.8% |
| Feb 24, 2026 | $0.32 est $0.38 | $1.40B est $1.36B | −1.0% |
| Nov 3, 2025 | $0.35 est $0.40 | $1.47B est $1.39B | −3.2% |
| Aug 4, 2025 | $0.22 est $0.35 | $1.41B est $1.34B | +1.1% |
| May 5, 2025 | $0.28 est $0.36 | $1.38B est $1.32B | −0.3% |
| Feb 24, 2025 | $0.22 est $0.39 | $1.34B est $1.28B | −1.5% |
| Nov 4, 2024 | $0.30 est $0.36 | $1.33B est $1.26B | −0.1% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Realty Income stock forecast and analyst price targets
Analysts’ average 12-month price target for Realty Income is $68.16, +20.3% from the last close, from 14 firms rating the stock in the last 90 days.
$68.16consensus 12-month target, +20.3% from the last close
Now $56.66Avg $68.16
Low $61High $72
Each firm’s latest rating in the last 90 days: 14 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 16 | Mizuho Securities | $61 | +7.7% |
| Sep 10 | Morgan Stanley | $67 | +18.2% |
| Sep 4 | Barclays | $65 | +14.7% |
| Sep 1 | Wells Fargo | $64 | +13.0% |
| Aug 18 | UBS | $72 | +27.1% |
+2.3%average 20-day move after past Buying readings
−1.4%average move over the next 20 trading days in the last 5 years
±1.7%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Realty Income seasonality: the next 20 trading days
Over the next 20 trading days from Sep 19, Realty Income averaged −1.4% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −2.4% | 2 of 5 |
| Next 10 trading days | −3.2% | 2 of 5 |
| Next 15 trading days | −3.9% | 1 of 5 |
| Next 20 trading days | −1.4% | 3 of 5 |
| Next 30 trading days | −3.0% | 1 of 5 |
For scale, O’s typical 20-trading-day move in either direction is about 3.8%.
Realty Income market cap and key statistics
Realty Income’s market cap is $52.84B, with a P/E ratio of 41.5 and revenue of $6.07B over the last twelve months.
Valuation
- Market cap
- $52.84B
- P/E ratio
- 41.5
- Forward P/E
- 34
- EPS, TTM
- $1.38
- Gekko Fair Value
- $61.65
Trading
- Volume
- 15.18M
- Avg volume, 20 days
- 6.37M
- 52-week high
- $67.94
- 52-week low
- $55.86
- Shares outstanding
- 946.2M
Financials
- Revenue, TTM
- $6.07B
- Profit margin
- 20.9%
- Return on equity
- 3.2%
- Quarterly earnings growth, YoY
- +69.2%
Risk and income
- Beta
- 0.71
- Typical daily move
- ±1.7%
- Typical 20-day move
- ±3.8%
- Dividend yield
- 5.66%
Realty Income stock news this week
Coverage of Realty Income this week reads positive: 7 positive, 7 neutral and 2 negative headlines.
- Holding Realty Income REIT in a Roth IRA shelters monthly dividends from IRS taxes, boosting investor returns.Pluang, Sep 18
- Form 8K Realty Income Corp For: 17 September By Investing.comInvesting.com Canada, Sep 17
- Why VICI Properties’ 7.19% Yield Beats Realty Income’s Dividend Streak, At Least For NowYahoo Finance, Sep 17
- Realty Income: Higher-For-Longer Rates Have Broken The Playbook (Downgrade)Seeking Alpha, Sep 17
- History Says This Is the Amount of Yearly Dividend Income a $7,500 Investment in Realty Income Stock Could Generate by 2030The Motley Fool, Sep 17
- Realty Income stock heads into the open after a 2.5% dropad-hoc-news.de, Sep 17
Realty Income stock FAQ
What is Realty Income’s market cap?
Realty Income’s market cap is $52.84B at the Sep 18, 2026 close of $56.66, with 946.2M shares outstanding. The shares trade on a P/E ratio of 41.5.
What is the Realty Income stock forecast?
The consensus analyst 12-month price target for Realty Income is $68.16, +20.3% from the last close. Of the 14 firms that rated the stock in the last 90 days, 3 rate it a buy, 10 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
Is Realty Income stock overvalued or undervalued?
On Gekko’s estimate Realty Income is undervalued: the Sep 18, 2026 close of $56.66 is 8.1% below Gekko Fair Value of $61.65. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Realty Income report earnings next?
Realty Income is expected to report on Nov 2, 2026 (43 days away). Analysts expect earnings of $0.41 per share on revenue of $1.43B. Realty Income beat the earnings estimate in 0 of its last 8 reports, moving 1.4% on average across the report.
What is Realty Income’s 52-week high and low?
Realty Income’s 52-week high is $67.94 and its 52-week low is $55.86; it closed at $56.66 on Sep 18, 2026, −5.1% over the past year.
Is Realty Income stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk), 2 as mixed (trend and seasonality). The checklist is a description of current data, not a recommendation.
How this page works
Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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