Realty Income Corporation (NYSE:O) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.63 by 16 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 9 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. The rating by the firm was issued on April 4, 2016.
Realty Income Corporation (NYSE:O): 12 analysts have set the short term price target of Realty Income Corporation (NYSE:O) at $60.17. The standard deviation of short term price target has been estimated at $6.46, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 70 and $46 respectively.
Realty Income Corporation (NYSE:O) rose 0.91% or 0.58 points on Tuesday and made its way into the gainers of the day. After trading began at $63.85 the stock was seen hitting $64.4734 as a peak level and $63.81 as the lowest level. The stock ended up at $64.33. The daily volume was measured at 1,094,874 shares. The 52-week high of the share price is $65.09 and the 52-week low is $43.15. The company has a market cap of $16,153 million.
Realty Income Corporation has dropped 0.02% in the last five trading days, however, the shares have posted positive gains of 9.05% in the last 4 weeks. Realty Income Corporation is up 6.71% in the last 3-month period. Year-to-Date the stock performance stands at 26.71%.
Realty Income Corporation is a real estate company. As of December 31, 2014, the Company owned 4,327 properties, with approximately 4,257 properties leased and 70 properties available for lease. The Company leased to approximately 234 different commercial tenants doing business in 47 separate industries. The properties are located in 49 states and Puerto Rico with over 70 million square feet of leasable space and with an average leasable space per property of approximately 16,350 square feet, including approximately 11,290 square feet per retail property and approximately 196,800 square feet per industrial and distribution property. The Company has approximately 4,308 single-tenant properties and 19 multi-tenant properties. The Company has grouped its tenants into 48 activity segments.