The Realty Income Corporation (NYSE:O) is going up by 1.57% in today’s trading session, a rise equivalent to 1.19% of the stock’s price from yesterday’s market close. A news came out on 11/04/19 stating that Realty Income Announces Operating Results For Third Quarter And First Nine Months Of 2019 by WSJ. The lowest point that the shares touched during the trading session was $75.63, while the peak of the day was recorded at a share price of $77.07. O finished the previous session at $75.76 according to the data provided by Barchart, while the trading volume was observed to be $839564.
In the 100 days of trading, O managed to top a 74.31% Moving average. Additionally, Realty Income Corporation shares have achieved a 52-week range between 59.93 and 82.17 alongside 100 days raw stochastic set at 60.93%.
The number of shares outstanding, according to the fundamentals of the company, is set at 331.26M, equal to the value of $25.10B in market capitalization. In the last 30 days, Realty Income Corporation shares went down by -6.66%, adding 82.17 to growth in value, on top of a +1.41% boost since 10/11/19.
Realty Income Corporation (NYSE:O) Analyst’s Estimates
Realty Income Corporation (O) could record at least $0.34 per share in quarterly earnings in the upcoming report on 02/19/2020, a number that would actually represent an increase of 1.49 YOY.
According to the average analyst rating, Realty Income Corporation would be rated as Hold. Out of 20 different analysts monitoring O stock, 5 analysts rate the stock as a BUY, 13 suggest to give the rating of HOLD, 0 indicate that O is an OVERWEIGHT, 1 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERWEIGHT.
On October 10, 2019, the stock earned a Initiated rating due to a new analyst call from Jefferies, while analysts from Deutsche Bank believe that the stock is set at Hold, as concluded on August 27, 2019. CapitalOne, is still rather wary about the stock, deciding to keep the rating at Equal Weight as confirmed through a call on May 08, 2019.
Citigroup, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on December 12, 2018, giving the stock a Neutral from the Sell rating.
O Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +53.67% has been attained, while the operating margin has been recorded at +27.63%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 2.48%. Beta value of the stock is recorded at 0.04. Additionally, Realty Income Corporation is recording price volatility of 1.60% for the period of the last seven days and 1.44% in the last 30 days.
Realty Income Corporation (NYSE:O) Technical Outlook
For the period of the last 50 days, Realty Income Corporation had its Raw Stochastic average set at 44.07% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 16.36%. Stochastic %K for Realty Income Corporation, with the last 20 days included, was set at 8.07%, having Stochastic %D topping 6.11%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Realty Income Corporation stocks with recording 20.18% in metrics.
Realty Income Corporation Insider Watch:
Similarly, 74.80% of the company’s float is held by institutions – and there are 956 institutions in total holding shares of this company. The top three institutional holders of O stocks are: Vanguard Group, Inc. (The) with ownership of $3.0 billion, which is approximately 50385673 of the company’s shares; Blackrock Inc., holding 33279768 shares of the stock with an approximate value of $2.0 billion; and State Street Corporation, currently with more than 22880381 shares of the company valued at $1.0 billion. Positions in Realty Income Corporation stocks held by institutional investors has been changing actively in the past six months, a period during which there were 8 insider purchases amounting to 32000 shares. Similarly, there were 6 sale transactions amounting to 40460 shares, with the net shares purchased during the last six months reaching -8,460.