The price of Realty Income Corp. (NYSE:O) shares last traded on Wall Street fell -1.61% to $57.43.
O stock price is now 5.90% away from the 50-day moving average and 6.89% away from the 200-day moving average. The market capitalization of the company currently stands at $50.01B.
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On February 13, 2024, BMO Capital Markets recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $57, while ‘Exane BNP Paribas’ rates the stock as ‘Outperform’
In other news, Chapman A. Larry, Director sold 5,000 shares of the company’s stock on Apr 09 ’24. The stock was sold for $271,150 at an average price of $54.23. Upon completion of the transaction, the Director now directly owns 6,257 shares in the company, valued at $0.36 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 18 ’23, Director Chapman A. Larry sold 3,500 shares of the business’s stock. A total of $199,436 was realized by selling the stock at an average price of $56.98. This leaves the insider owning 10,590 shares of the company worth $0.61 million. A total of 0.11% of the company’s stock is owned by insiders.
During the past 12 months, Realty Income Corp. has had a low of $45.03 and a high of $61.53. According to the stock market information, the enterprise value for the company is $76625240064, which is based on a 53.45 price-to-earnings ratio, a 2.36 price-to-earnings-growth ratio, and a beta of 0.95. The fifty day moving average price for O is $54.2768 and a two-hundred day moving average price translates $53.76215 for the stock.
The latest earnings results from Realty Income Corp. (NYSE: O) was released for 2024-03-31. The net profit margin was 17.58% and return on equity was 2.28% for O. The company reported revenue of $1.26 billion for the quarter, compared to $944.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 33.47 percent.
