--- title: "Realty Income (NYSE:O) Updates FY 2024 Earnings Guidance" description: "Realty Income (NYSE:O) updated its FY 2024 earnings guidance to 4.150-4.210 EPS, compared to the consensus estimate of 4.230. The company also issued a dividend payout ratio of 291.67% and a yield of " type: "news" locale: "en" url: "https://longbridge.com/en/news/207176070.md" published_at: "2024-06-25T11:06:55.000Z" --- # Realty Income (NYSE:O) Updates FY 2024 Earnings Guidance > Realty Income (NYSE:O) updated its FY 2024 earnings guidance to 4.150-4.210 EPS, compared to the consensus estimate of 4.230. The company also issued a dividend payout ratio of 291.67% and a yield of 6%. Several analysts have weighed in on O shares, with a consensus rating of Hold and a target price of $61.35. Director A. Larry Chapman sold 5,000 shares of the stock. Realty Income is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. Realty Income (NYSE:O - Get Free Report) issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 4.150-4.210 for the period, compared to the consensus earnings per share estimate of 4.230. The company issued revenue guidance of -. Get **Realty Income** alerts: ## Realty Income Stock Performance - Call Option Interest Soars in These 3 Stocks NYSE:O opened at $53.63 on Tuesday. Realty Income has a 12-month low of $45.03 and a 12-month high of $64.18. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $46.70 billion, a PE ratio of 49.66, a price-to-earnings-growth ratio of 4.63 and a beta of 0.94. The firm has a 50-day moving average price of $53.56 and a 200 day moving average price of $54.17. Realty Income (NYSE:O - Get Free Report) last posted its quarterly earnings results on Monday, May 6th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.87). Realty Income had a return on equity of 3.26% and a net margin of 17.74%. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the company earned $0.98 EPS. The business's revenue for the quarter was up 33.5% on a year-over-year basis. Research analysts anticipate that Realty Income will post 4.2 earnings per share for the current fiscal year. ## Realty Income Increases Dividend - 3 Small-Cap Stocks in the Russell 2000 Set to Rally The firm also recently declared a jul 24 dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 1st will be given a $0.263 dividend. This represents a yield of 6%. The ex-dividend date is Monday, July 1st. This is a positive change from Realty Income's previous jul 24 dividend of $0.26. Realty Income's dividend payout ratio is 291.67%. ## Wall Street Analyst Weigh In Several analysts have weighed in on O shares. Mizuho upped their price objective on shares of Realty Income from $56.00 to $59.00 and gave the stock a buy rating in a research note on Friday, May 10th. UBS Group decreased their price objective on shares of Realty Income from $67.00 to $61.00 and set a buy rating on the stock in a research note on Friday, May 31st. Scotiabank upped their price objective on shares of Realty Income from $54.00 to $56.00 and gave the stock a sector perform rating in a research note on Thursday, May 16th. Finally, KeyCorp initiated coverage on shares of Realty Income in a research note on Wednesday, June 12th. They set a sector weight rating on the stock. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, Realty Income has a consensus rating of Hold and a consensus target price of $61.35. - GitLab Stock: Pioneering the AI-Powered DevSecOps Platform **View Our Latest Stock Analysis on Realty Income** ## Insiders Place Their Bets In other Realty Income news, Director A. Larry Chapman sold 5,000 shares of the stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $54.23, for a total value of $271,150.00. Following the sale, the director now directly owns 6,257 shares in the company, valued at $339,317.11. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.10% of the company's stock. ## About Realty Income (Get Free Report) Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust ("REIT"), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients. ## Featured Stories - Five stocks we like better than Realty Income - How Investors Can Find the Best Cheap Dividend Stocks - Bloom Energy Stock: A Game Changer for AI Data Centers - Stock Market Upgrades: What Are They? - MicroAlgo Inc.: What Caused the Stock to Surge Over 200%? - High Flyers: 3 Natural Gas Stocks for March 2022 - The Top 3 Sectors Poised For Growth This Summer *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → Collapse of the Petrodollar (From Colonial Metals) (Ad)## Should you invest $1,000 in Realty Income right now? Before you consider Realty Income, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Realty Income wasn't on the list. While Realty Income currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [O.US - Realty Income MD](https://longbridge.com/en/quote/O.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Realty Income 宣佈 2025 年股息，資本回報率達到 33.6% | Realty Income Corporation 宣佈其 2025 年普通股分配為每股 3.217 美元，其中 66.37% 被歸類為普通收入股息，33.63% 為非應税分配。此公告突顯出 33.6% 的資本回報 | [Link](https://longbridge.com/en/news/274202118.md) | | 谷歌突然發佈 Gemini 3.1 Pro：核心推理性能直接翻倍 | 谷歌發佈了最新的大模型 Gemini 3.1 Pro，其推理性能較去年發佈的 Gemini 3 Pro 翻倍。在 ARC-AGI-2 評測中，Gemini 3.1 Pro 得分 77.1%，顯示出強大的推理能力。新模型支持多源數據綜合和複雜 | [Link](https://longbridge.com/en/news/276396515.md) | | 彭博新聞報道，康菲石油正在考慮出售其價值 20 億美元的二疊紀資產 | 2 月 20 日（路透社）- 據彭博新聞週五報道，康菲石油正在探索出售其部分二疊紀盆地資產，這是其更廣泛的投資組合精簡的一部分，消息人士透露。這些資產是通過與 Concho Resources 和 Shell（SHEL.L）的交易在多年中收 | [Link](https://longbridge.com/en/news/276478732.md) | | 沃爾瑪四季度財報超預期但盈利指引不及預期，CEO 稱 “美國低收入家庭只能勉強維持生計” | 沃爾瑪 Q4 營收超預期，新財年盈利指引（每股 2.75-2.85 美元）遠低於市場預期的 2.96 美元，顯示通脹壓力下消費者支出不確定性猶存，拖累股價下跌 1.38%。財報印證 K 型” 分化：高收入家庭驅動增長，低收入羣體 “錢包吃緊 | [Link](https://longbridge.com/en/news/276398633.md) | | GRAIL｜8-K：2025 財年 Q4 營收 43.6 百萬美元超過預期 | | [Link](https://longbridge.com/en/news/276379877.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.