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Realty Income Corporation

O
Real EstateNYSEUnited States
60.90USD+0.05 (+0.08%)

About Realty Income

Realty Income Corporation is a real estate investment trust (REIT) that invests in diversified commercial real estate across the United States and Europe.

The company owns and manages a portfolio of over 15,600 properties as of December 31, 2024, spread across all 50 U.S. states, the United Kingdom, and six other countries in Europe. These properties are leased to commercial clients under long-term agreements, supporting stable cash flow.

Realty Income is renowned for its reliable and growing monthly dividend. Since its founding in 1969, the company has declared 656 consecutive monthly dividends and is a member of the S&P 500 Dividend Aristocrats Index, having increased its dividend for 30 consecutive years.

The company is listed on the New York Stock Exchange and is headquartered in the United States.

Realty Income's Business Strategy

Realty Income has established itself as one of the most respected Real Estate Investment Trusts (REITs) by focusing exclusively on single-tenant, net lease commercial properties where tenants pay the majority of operating expenses including property taxes, insurance, and maintenance. Operating under the trademarked tagline "The…

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Our Take on Realty Income

Pros:

Reliable Monthly Dividend Payer: With a long track record of paying and increasing dividends, the company is highly attractive to income-focused investors, especially retirees and yield-seeking portfolios.

Triple Net Lease Model: Realty Income primarily uses triple net leases (NNN), where tenants cover property…

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Company Details

Exchange
NYSE
Country
United States
Sector
Real Estate
Industry
REIT - Retail
CEO
Sumit Roy
Employees
468
IPO Date
1994-10-18
ISIN
US7561091049
Website
realtyincome.com

Key Metrics

Market Cap
56.78BUSD
P/E Ratio (TTM)
52.01
Net Profit Margin
18.41%
Debt / Asset Ratio
0.45
Dividend Yield (TTM)
5.31%
Volume
786,014
Avg Volume
6.45M
Shares Outstanding
919.91M
Free Float
99.81%
β Beta
0.80
52W Range
50.7 - 67.9

Fundamental Analysis

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Section Scores

Profitability
2.9/5Average
Liquidity
1.7/5Poor
Leverage
3.5/5Good
Cash Flow
3.0/5Average
Valuation
2.3/5Weak

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