Realty Income (O) Stock Analysis & Forecast

Nov 4 close

$59.22+1.72 (+3.0%)

Gekko Brief

AI summaryNov 4 close

Realty Income reported third-quarter results this week, with adjusted funds from operations per share rising 3.7% to $1.12 on a 9.3% increase in total revenue to $1.52 billion and portfolio occupancy of 98.8%. The company raised its 2026 AFFO guidance to $4.45 to $4.46 per share, pointing to European investments that reached $940 million at a 7.1% cash yield and a funding mix shifting toward euro debt, convertibles, joint ventures and asset sales rather than heavy equity issuance. Coverage also noted the company's 676th consecutive monthly dividend and a payout of about 73% of AFFO, while some commentary questioned why shares had not moved more given the scale of the growth achieved.

The stock closed at $59.22, up 3% on the day, sitting above its 50-day average of $57.21 but below its 200-day average of $61.59. The GekkoIndex reads 50.5, placing it in the Neutral zone, down 7.4 points over the past five days. Shares trade about 3.3% below Gekko Fair Value of $61.25, with a 1-month return of 9.2% contrasted against a 6-month decline of 7.5%.

The next earnings date falls on 23 February 2027, 110 days out and beyond a typical 20-trading-day holding window. Smart-money activity over the past 90 days shows one Congressional buy and no sales, alongside one billionaire holder. Seasonality over the next 20 trading days has averaged a 0.7% return across 5 years, positive in 2 of them. Analyst consensus across 13 firms stands at 4 buy and 9 hold ratings, with a consensus target of $64.35.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Realty Income price vs fair value

$61.25$59.22Nov ’25May ’26Nov ’26
Close $59.22200-day averageGekko Fair Value $61.25

Realty Income quick facts

Market cap
$56.04B
P/E ratio
39.4
Forward P/E
33.9
EPS, TTM
$1.46
Revenue, TTM
$6.07B
Profit margin
20.9%
Dividend yield
5.68%
Beta
0.65
Volume
7.32M avg 7.82M
1-year return
+1.8%
Typical daily move
±1.7%
Typical 20-day move
±3.8%
50-day average
$57.21
200-day average
$61.59
Next earnings
Feb 23
Shares outstanding
946.2M
52-week range
$53.15$67.94

Realty Income swing-trade checklist

Realty Income scores 2 supportive, 4 mixed and 0 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive4 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $59.22 sits between the 50-day ($57.21) and 200-day ($61.59) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    50.5, Neutral

    Reading 50.5 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    3.3% below

    Price is within 5% of Gekko Fair Value (3.3% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: Congress 1 buy / 0 sales.

    See smart money
  • Earnings risksupportive

    Reports in 110 days

    Next report Feb 23, 2027, 110 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +0.7% on average

    From this point in the calendar, the next 20 trading days averaged +0.7% over 5 years, rising in 2 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 $59.22 on Nov 4, 2026, +1.8% over the past year, inside a 52-week range of $53.15 to $67.94.

Close50-day average200-day averageVolume
Realty Income share price, past year, with 50-day and 200-day moving averages and volume$55$65DecJan 2026FebMarAprMayJunJulAugSepOct59.22

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+9.2%
3 months
−5.0%
6 months
−7.5%
1 year
+1.8%
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.

Track O in GekkoFree for 7 days. No credit card required.

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 50.5, in the Neutral zone, down 7.4 points over five sessions.

010050.5Neutral

Down 7.4 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying43−0.3%−0.3%+1.0%+5.2%
Accumulation195+0.5%+0.6%+0.4%+2.8%
Neutral (current zone)385−0.1%−0.1%−0.1%−0.6%
Distribution27+0.5%+1.7%+4.7%+5.5%
Selling0Not available

Average O share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. 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 3.3% below Gekko Fair Value of $61.25, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Realty Income shares are worth, recalculated every trading day.

$61.25

Gekko Fair Value, Nov 4, 2026

3.3% below fair value · About fair value

At the end of Aug 2026 the price was 3.5% below the estimate.

Gekko Fair ValueShare price, month end
$61$58Aug 2026SepOctNov 2026

How Gekko Fair Value works →

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 members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

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

Congress trades last 90 days

1trade disclosed: 1 purchase and 0 sales.

MemberTypeAmountDisclosed
John Boozman
Senate, AR, purchase
Purchase$1,001 - $15,000Oct 21
traded Sep 24

From congressional disclosures, which report amounts as ranges.

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 Feb 23, 2027 (110 days away), and beat the EPS estimate in 1 of its last 8 reports.

1 of 8reports beat the EPS estimate
±1.5%average move across the report
2 of 8reports followed by a gain

Share-price move across each report

−1.5%Feb ’25−0.3%May ’25+1.1%Aug ’25−3.2%Nov ’25−1.0%Feb ’26−2.8%May ’26−0.9%Aug ’26+1.0%Nov ’26
ReportedEPSSurpriseRevenueSurpriseMove
Nov 2, 2026$0.43
est $0.41
+5.7%$1.62B
est $1.43B
+13.3%+1.0%
Aug 5, 2026$1.09
est $1.09
0.0%$1.43B
est $1.40B
+1.5%−0.9%
May 6, 2026$0.34
est $0.38
−10.5%$1.44B
est $1.39B
+3.3%−2.8%
Feb 24, 2026$0.32
est $0.38
−16.6%$1.40B
est $1.36B
+2.8%−1.0%
Nov 3, 2025$0.35
est $0.40
−14.7%$1.47B
est $1.39B
+5.5%−3.2%
Aug 4, 2025$0.22
est $0.35
−37.1%$1.41B
est $1.34B
+5.4%+1.1%
May 5, 2025$0.28
est $0.36
−22.2%$1.38B
est $1.32B
+4.9%−0.3%
Feb 24, 2025$0.22
est $0.39
−44.4%$1.34B
est $1.28B
+4.5%−1.5%

“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 $64.35, +8.7% from the last close, from 13 firms rating the stock in the last 90 days.

$64.35consensus 12-month target, +8.7% from the last close
Low $59High $72
Buy4
Hold9
Sell0

Each firm’s latest rating in the last 90 days: 13 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Nov 4Freedom Capital MarketsBuy, maintained$63+6.4%
Nov 3KeyBancHold, maintained——
Nov 3Morgan StanleyHold, maintained$67+13.1%
Nov 3RBC CapitalBuy, maintained$61+3.0%
Nov 3ScotiabankHold, maintained$59−0.4%
−0.1%average 20-day move after past Neutral readings
+0.7%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 Nov 4, Realty Income averaged +0.7% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−2.6%2021−1.2%2022+8.8%2023−5.5%2024+3.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.4%3 of 5
Next 10 trading days+1.5%4 of 5
Next 15 trading days+0.6%3 of 5
Next 20 trading days+0.7%2 of 5
Next 30 trading days+1.0%3 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 $56.04B, with a P/E ratio of 39.4 and revenue of $6.07B over the last twelve months.

Valuation

Market cap
$56.04B
P/E ratio
39.4
Forward P/E
33.9
EPS, TTM
$1.46
Gekko Fair Value
$61.25

Trading

Volume
7.32M
Avg volume, 20 days
7.82M
52-week high
$67.94
52-week low
$53.15
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
0.65
Typical daily move
±1.7%
Typical 20-day move
±3.8%
Dividend yield
5.68%

More stocks

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Finance

Realty Income stock FAQ

What is Realty Income’s market cap?

Realty Income’s market cap is $56.04B at the Nov 4, 2026 close of $59.22, with 946.2M shares outstanding. The shares trade on a P/E ratio of 39.4.

What is the Realty Income stock forecast?

The consensus analyst 12-month price target for Realty Income is $64.35, +8.7% from the last close. Of the 13 firms that rated the stock in the last 90 days, 4 rate it a buy, 9 a hold and 0 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 about fair value: the Nov 4, 2026 close of $59.22 is 3.3% below Gekko Fair Value of $61.25. 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 Feb 23, 2027 (110 days away). Analysts expect earnings of $0.42 per share on revenue of $1.46B. Realty Income beat the earnings estimate in 1 of its last 8 reports, moving 1.5% 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 $53.15; it closed at $59.22 on Nov 4, 2026, +1.8% over the past year. Over the last five years the shares peaked at $75.40 on Apr 21, 2022.

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, 2 of the 6 items with data read as supportive (smart money and earnings risk), 4 as mixed (trend, gekkoindex, fair value and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each 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 →

See Realty Income the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,461 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.