Realty Income Corp. (NYSE:O) shares traded -1.45% lower at $63.31 on Wall Street last session.
O stock price is now 1.67% away from the 50-day moving average and 12.49% away from the 200-day moving average. The market capitalization of the company currently stands at $55.13B.
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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 $1.68 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 $64.88. According to the stock market information, the enterprise value for the company is $81098596352, which is based on a 58.64 price-to-earnings ratio, a 14.94 price-to-earnings-growth ratio, and a beta of 0.99. The fifty day moving average price for O is $62.2704 and a two-hundred day moving average price translates $56.28245 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.
