The price of Realty Income Corp. (NYSE:O) shares last traded on Wall Street fell -2.40% to $60.70.
O stock price is now 1.38% away from the 50-day moving average and 9.35% away from the 200-day moving average. The market capitalization of the company currently stands at $52.86B.
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With the price target enhanced from $67.50 to $70.25, Stifel maintained Buy rating for Realty Income Corp. (NYSE: O). , while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Preusse Mary Hogan, Director sold 1,712 shares of the company’s stock on Sep 11 ’24. The stock was sold for $107,128 at an average price of $62.58. Upon completion of the transaction, the Director now directly owns 26,579 shares in the company, valued at $1.61 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 11 ’24, Director Mary Hogan Preusse bought 1,712 shares of the business’s stock. A total of $107,000 was incurred on buying the stock at an average price of $62.50. 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 $63.39. According to the stock market information, the enterprise value for the company is $78825635840, which is based on a 56.22 price-to-earnings ratio, a 2.49 price-to-earnings-growth ratio, and a beta of 0.99. The fifty day moving average price for O is $60.0178 and a two-hundred day moving average price translates $55.5407 for the stock.
The latest earnings results from Realty Income Corp. (NYSE: O) was released for 2024-06-30. The net profit margin was 17.66% and return on equity was 2.41% for O. The company reported revenue of $1.34 billion for the quarter, compared to $1.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.42 percent.
