Why Realty Income Corporation [O] Stock Will Fly to $75.00 Over the Next 12 Months

Realty Income Corporation [O] shares are down more than -19.05% this year and recently decreased -0.01% or -$0.42 to settle at $60.84. Analysts expect O to grow earnings at a 5.45% annual rate over the next 5 years. O has a short ratio of 3.95. This implies that the market is currently less bearish on the outlook for O.

On 10, November 2020, 605th Consecutive Common Stock Monthly Dividend Declared By Realty Income. According to news published on Yahoo Finance, Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that its Board of Directors has declared the 605th consecutive common stock monthly dividend. The dividend amount of $0.2340 per share, representing an annualized amount of $2.808 per share, is payable on December 15, 2020 to shareholders of record as of December 1, 2020. The ex-dividend date for December’s dividend is November 30, 2020.

Analyst Birdseye View:

The most recent analyst activity for Realty Income Corporation [NYSE:O] stock was on October 09, 2020, when it was Upgrade with a Sector outperform rating from Scotiabank, which also raised its 12-month price target on the stock to $72. Before that, on October 16, 2020, UBS Recapitulated a Buy rating and elevated its amount target to $72. On October 02, 2020, Raymond James Resumed an Outperform rating and boosted its price target on this stock to $71. On June 30, 2020, Berenberg Initiated a Buy rating and increased its price target to $70. On June 10, 2020, Wells Fargo Reiterated an Overweight rating and increased its price target to $68. On May 04, 2020, Morgan Stanley Upgrade an Overweight rating and boosted its amount on this stock to $60. On April 08, 2020, Odeon Initiated a Buy rating and boosted its target amount on this stock to $65. Citigroup elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $38.00 and a peak of $84.92. Right now, the middling Wall Street analyst 12-month amount mark is $70.00. At the most recent market close, shares of Realty Income Corporation [NYSE:O] were valued at $60.84. According to the average price forecast, investors can expect a potential return of 2.19%.

FUNDAMENTAL ANALYSIS

Realty Income Corporation [NYSE:O] most recently reported quarterly sales of 402.57 billion, which represented growth of 8.10%. This publicly-traded organization’s revenue is $7,754,593 per employee, while its income is $2,249,907 per employee. This company’s Gross Margin is currently 93.70%, its Operating Margin is 21.60%, its Pretax Margin is +29.49, and its Net Margin is +29.01. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.58, 4.89, 2.75 and 2.70 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 45.10 and the whole liability to whole assets at 43.28. It shows enduring liability to the whole principal at 45.01 and enduring liability to assets at 0.43 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 60.80 points at 1st support level, the second support level is making up to 60.35. But as of 1st resistance point, this stock is sitting at 61.80 and at 62.35 for 2nd resistance point.

Realty Income Corporation [O] reported its earnings at $0.07 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.35/share signifying the difference of -0.28 and -80.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.31 calling estimates for $0.32/share with the difference of -0.01 depicting the surprise of -3.10%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 15.47, it’s amount to book ratio is 2.51 and showing 50.71 of P/E (TTM) ratio.