Realty Income Corporation (O)
Realty Income is a massive property landlord that collects rent from thousands of commercial tenants across the US and Europe.
Is Realty Income Corporation a good stock for a UK beginner?
The honest version: Realty Income is a massive property landlord that collects rent from thousands of commercial tenants across the US and Europe.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
The company successfully scales its industrial property footprint globally.
Long-term shift away from physical retail permanently lowers demand for space.
What does Realty Income Corporation do?
Think of Realty Income as a professional landlord that owns thousands of retail and industrial buildings, leasing them to reliable businesses like convenience stores and pharmacies. Rent collected steadily from its tenants flows straight back out to shareholders as monthly dividends. Interest rates are the factor to track, since higher borrowing costs affect a business that relies on loans to keep buying new properties.
On our factor screen it looks strongest on quality and momentum, and weakest on value.
- ✓Pays a dividend - about 5.1% a year
- ✓Growing - revenue up about 12% over the year
- ✓Very profitable - turns about 19% of sales into profit
- !High P/E of 53 - big growth is already priced in
- Consistent track record of paying monthly dividends
- High gross margins indicate a very efficient business model
- Lower volatility compared to the broader stock market
- Value screens low (29/100)
- Rising interest rates increase the cost of servicing debt
- Economic downturns could lead to tenants being unable to pay rent
- Changes in shopping habits could reduce demand for retail space
What do Realty Income Corporation's numbers mean?
How much money does Realty Income Corporation make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does Realty Income Corporation pay a dividend?
Yes - Realty Income Corporation currently pays a dividend of about 5.1% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does Realty Income Corporation report earnings, and how did recent quarters go?
Realty Income Corporation is next scheduled to report on about 2026-08-05 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-05-06 | $0.42 | $0.34 | Missed -18% |
| 2026-02-24 | $0.41 | $0.33 | Missed -18% |
| 2025-11-03 | $0.40 | $0.36 | Missed -11% |
| 2025-08-06 | $0.40 | $0.22 | Missed -45% |
| 2025-05-05 | $0.33 | $0.28 | Missed -15% |
| 2025-02-24 | $0.39 | $0.22 | Missed -44% |
Across the last 6 quarters here, Realty Income Corporation came in ahead of what analysts expected 0 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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Welltower Inc.What are the scenarios for Realty Income Corporation?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Realty Income Corporation?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Consistent track record of paying monthly dividends
- High gross margins indicate a very efficient business model
- Lower volatility compared to the broader stock market
- High valuation multiples compared to some other property firms
- Low return on equity suggests it takes a lot of capital to generate profit
- Heavy reliance on debt to fund new property acquisitions
- Rising interest rates increase the cost of servicing debt
- Economic downturns could lead to tenants being unable to pay rent
- Changes in shopping habits could reduce demand for retail space
The write-up's own warning lights — if these start happening, the case above changes.
- A sustained period of high interest rates that prevents new acquisitions
- A major change in the company's policy of paying monthly dividends
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.