Professional
Added to YB: 2024-05-29
Pitch date: 2024-04-12
O [bullish]
Realty Income Corporation
+32.08%
current return
Author Info
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Company Info
Realty Income Corporation, an S&P 500 company, is real estate partner to the world's leading companies.
Market Cap
$58.0B
Pitch Price
$46.81
Price Target
N/A
Dividend
5.21%
EV/EBITDA
17.16
P/E
53.31
EV/Sales
15.23
Sector
Retail REITs
Category
dividend
Show full summary:
Parnassus Core Equity Fund New Position: Realty Income Corporation
O: Realty Income added at attractive valuation post repricing in higher rate environment. Resilient in pandemic, offers strong dividend yield & lower rate defense. Desirable entry point with REITs hit by rising rates. Self-funded development levels, but compelling LT growth prospects.
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