Headlines about Realty Income (NYSE:O) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Realty Income earned a news impact score of 0.14 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 47.1286732532096 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news headlines that may have impacted Accern’s analysis:
Several equities analysts recently issued reports on O shares. Raymond James Financial upgraded shares of Realty Income from an “underperform” rating to a “market perform” rating in a research note on Wednesday, December 20th. Stifel Nicolaus reissued a “buy” rating and issued a $65.00 price target on shares of Realty Income in a report on Wednesday, November 1st. Citigroup raised shares of Realty Income to a “market perform” rating in a report on Wednesday, December 20th. They noted that the move was a valuation call. B. Riley set a $56.00 price target on shares of Realty Income and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Finally, Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of Realty Income in a report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $64.09.
Shares of Realty Income (O) traded up $0.68 during midday trading on Friday, reaching $49.96. 2,903,116 shares of the company traded hands, compared to its average volume of 2,570,000. The stock has a market cap of $14,080.00, a price-to-earnings ratio of 40.95, a PEG ratio of 3.57 and a beta of 0.14. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.26 and a current ratio of 1.26. Realty Income has a 12 month low of $47.25 and a 12 month high of $63.60.
The business also recently declared a mar 18 dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be issued a $0.219 dividend. The ex-dividend date is Wednesday, February 28th. Realty Income’s payout ratio is presently 215.57%.
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About Realty Income
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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