Realty Income Corporation (O) has risen sharply, recording gains of 1% in the past 4 weeks. However, the stock has corrected -1.65% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.54% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.12% and the 50-Day Moving Average is 0.55%.The 200 Day SMA reached 9.4%
Realty Income Corporation (NYSE:O): The stock opened in the green at $68.06 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $68.345 and a low of $66.92 for the day. The stock did not find buyers even at the lows and closed at $66.93 recording a loss of -0.99%. 1,470,509 shares exchanged hands during the trading day. The stock had closed at $66.93 in the previous days trading.
Realty Income Corporation (O) has been rated by 13 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $78 and the lowest price target forecast is $52. The average forecast of all the analysts is $68.08 and the expected standard deviation is $7.05.
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.