Headlines about Realty Income (NYSE:O) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Realty Income earned a news impact score of 0.13 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 47.1224023782912 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern’s rankings:
Realty Income (NYSE O) opened at $52.72 on Friday. The firm has a market capitalization of $14,855.71, a PE ratio of 43.21, a PEG ratio of 4.00 and a beta of 0.29. Realty Income has a twelve month low of $52.63 and a twelve month high of $63.60. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.78.
Realty Income (NYSE:O) last released its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. Realty Income had a return on equity of 5.11% and a net margin of 29.37%. The firm had revenue of $306.90 million for the quarter, compared to the consensus estimate of $292.73 million. During the same quarter in the prior year, the company posted $0.72 earnings per share. The firm’s revenue was up 10.8% on a year-over-year basis. sell-side analysts forecast that Realty Income will post 2.89 earnings per share for the current fiscal year.
The business also recently announced a jan 17 dividend, which was paid on Friday, January 12th. Shareholders of record on Tuesday, January 2nd were given a dividend of $0.2125 per share. The ex-dividend date of this dividend was Friday, December 29th. This represents a yield of 4.48%. This is a boost from Realty Income’s previous jan 17 dividend of $0.21. Realty Income’s dividend payout ratio is presently 209.02%.
Several equities analysts have recently issued reports on O shares. Vetr raised shares of Realty Income from a “hold” rating to a “buy” rating and set a $58.60 price target for the company in a report on Thursday, October 19th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $65.00 price objective on shares of Realty Income in a report on Wednesday, November 1st. Capital One Financial reaffirmed an “equal weight” rating on shares of Realty Income in a report on Wednesday, October 25th. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of Realty Income in a report on Wednesday, November 1st. Finally, FBR & Co set a $56.00 price target on shares of Realty Income and gave the company a “hold” rating in a report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. Realty Income has an average rating of “Hold” and a consensus target price of $64.09.
In related news, SVP Joel Tomlinson sold 1,746 shares of the company’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $56.45, for a total value of $98,561.70. Following the completion of the transaction, the senior vice president now directly owns 14,913 shares in the company, valued at $841,838.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Paul M. Meurer sold 5,603 shares of the company’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $54.75, for a total value of $306,764.25. The disclosure for this sale can be found here. 0.30% of the stock is owned by corporate insiders.
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Realty Income Company Profile
Realty Income Corporation is a real estate investment trust (REIT). The Company is engaged in in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology and capital markets capabilities. As of December 31, 2016, the Company owned a diversified portfolio of 4,944 properties located in 49 states and Puerto Rico, with over 83.0 million square feet of leasable space leased to 248 different commercial tenants doing business in 47 separate industries.
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