Added to YB: 2024-02-22
Pitch date: 2024-02-21
O [bullish]
Realty Income Corporation
+21.46%
current return
Author Info
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Company Info
Realty Income (NYSE: O), an S&P 500 company, is real estate partner to the world's leading companies.
Market Cap
$52.9B
Pitch Price
$47.52
Price Target
67.00 (+16%)
Dividend
5.62%
EV/EBITDA
16.18
P/E
53.67
EV/Sales
14.56
Sector
Retail REITs
Category
dividend
Show full summary:
Realty Income: A Bargain With A 6% Yield
$O at $53: 6% yield, 12.6X AFFO. Q4 AFFO +1% YoY, 2023 +2%. $9.3B Spirit deal: 2K props, 98.6% occ. Europe focus: €527M Decathlon deal. '24 AFFO +4.25%, 76% payout. Risks: Accretive M&A harder at scale.
Read full article (5 min)