TickerTalks
Browse all tickers →
TickerTalks›$O
OO

Realty Income Corporation

$O·$55B·REIT - Retail·Real Estate
$57.11-0.1%YTD+1.4%1Y-4.7%
Price updated 7m ago·X counts updated 3d ago
OO
$ORealty Income Corporation
$57.11-0.07%299 posts1×
AI analysisFundamentalsVoices on X
Loading…

On X

The complete picture of $O on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

299X posts · last 7 days
Sep 1Sep 14
Chatter Meter
1×
QuietNormal · 1×Loud

How loud $O's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level, louder than 66% of tracked names.

Bullish sentimentAI analysisGenerated by AI from underlying data6 posts analyzed · as of 2026-09-16

Realty Income posters run a compounder story. The company raised its monthly dividend for the 136th time — call it 675 consecutive monthly payments — and posters treat that consistency as the entire pitch: dividend increased quietly while Brent tops $100 and rate fears return. No bear voice in the window.

Read what X is saying about $O

  • Bullish vs bearish call — with the AI summary of the day's posts
  • Divergence flag when the top-engagement posts argue the other side
  • How loud the conversation is versus this ticker's own normal
Free, forever. No credit card.

AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $O — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Proven numbersWinding up for a moveAI verdict · as of 2026-09-17

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

The Monthly Dividend Company doing what it says on the tin — 675 consecutive monthly payments and a fresh convert to fund the next leg.

Realty Income is the largest US net-lease REIT — 6,500+ triple-net properties, S&P 500 constituent, monthly dividend that has now been raised 136 times over 675 consecutive months. Shares are flat YTD and sitting at just 11% of the 52-week range on rate-driven pressure.

  • Growth is compounding through the rate cycle: Q1 revenue grew 12% YoY to $1.55B at a 47% operating margin and $848M free cash flow — those are the numbers that fund the monthly dividend increases and the reason O is still one of the largest REITs by market cap.
  • Capital structure was refreshed this quarter: the $1B 3.75% Convertible Senior Notes due 2031 issued Aug 14 fund the next tranche of acquisitions with less common-equity dilution than an ATM would — that's why the stock can be down 10-30% from the highs on rates alone, without a break in the underlying compounding.

Nov 2 Q3 earnings and any change in the 10-year yield are the switches — a maintained AFFO growth trajectory plus continued M&A discipline is what breaks the coil upward as rates ease; a fresh spike in the 10-year or a tenant-quality issue in Europe/UK is what would seal the drift. The one small director sale in September is normal liquidity, not a signal.

Agrees with X sentimentLine up with the compounder read on X — the 136th dividend raise plus consistent monthly payments IS the entire pitch, and the 'quiet dividend increase while Brent tops $100 and rate fears return' framing is exactly right. What the crowd isn't naming: the $1B convert issued in August is why the equity can absorb the rate-headwind without punishing dilution.

What to watch: Nov 2 Q3 earnings for AFFO growth, occupancy and any UK/EU tenant-quality commentary, plus the 10-year Treasury yield. A rate-easing plus maintained AFFO trajectory breaks the coil upward; a 10-year yield spike or a European tenant issue seals the drift.

On the calendar: 2026-11-02 — Q3 2026 earnings

float missing

Read the AI verdict on $O

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
Free, forever. No credit card.

What it does

Plain-English summary of the business — what they sell and how they make money.

Net lease REIT with 6,500+ commercial properties and monthly dividends paid every month since 1969.

Industry overviewAI analysisGenerated by AI from underlying data

Where REIT - Retail sits in its cycle right now — and what that implies for $O.

REIT - Retail · Real Estate

No material change from last week — Class-A malls and net-lease REITs remain bifurcated; Simon Property benefits from luxury-tenant demand while Realty Income raised its dividend for the 136th time, reinforcing bond-proxy appeal. Near-5% Treasury yields narrow the yield spread but net-lease defensive characteristics hold.

What this means for $O

Direct beneficiary — 136th dividend raise and 675th monthly payment reinforce income reliability; near-5% Treasuries compress yield spread but Realty Income's scale, net-lease structure, and global diversification are defensive characteristics.

Top industry ETF

$XLREReal Estate Select Sector SPDR
+6.8%YTD
+1.8%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
48.9How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
33.0%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
29.3%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
7.2%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
9.5Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
2.9%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
68.6%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.8Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 5, 2026$0.37$0.40-7.0%
Q1 2026May 6, 2026$0.37$0.40-7.0%
Q4 2025Feb 24, 2026$0.32$0.38-16.6%
Q3 2025Nov 3, 2025$0.34$0.40-14.7%
Next earningsMon, Nov 2·consensus EPS $0.41

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$1.5B+12.2%11.1%46.9%$0.33$848.2M
Q4 FY25$1.5B+11.0%82.1%-18.3%$0.32$1.2B
Q3 FY25$1.5B+10.5%92.7%45.8%$0.35$943.1M
Q2 FY25$1.4B+5.3%92.4%42.9%$0.22$1.1B

Forward consensus

5-year forecast · up to 6 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$5.7B$5.6B – $5.7B$1.52$1.50 – $1.536
FY27$6.0B$5.5B – $6.3B$1.69$1.67 – $1.706
FY28$6.6B$5.7B – $7.0B$1.65$1.29 – $1.823
FY29$7.2B$6.8B – $7.6B$2.15$2.00 – $2.281
FY30$5.9B$5.6B – $6.2B$0.00$0.00 – $0.002

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.2.1×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.11%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-8.9%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-7.7%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

β0.715-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.FilingActive offeringA shelf registration (S-3 / S-3ASR / S-1) or prospectus supplement (424B*) was filed in the last 90 days — the company is registered to (or actively) issuing new shares. Dilution risk.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellSep 10Gregory MclaughlinDirector3.5K sh$209KSellApr 2Michelle BushoreSee Remarks7.4K sh$462KSellApr 1Gregory MclaughlinDirector3.3K sh$203K
+ 11 other (10 awards · 1 inkind) in window

See when $O insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KUnregistered equity saleAug 148-K — Item 2.03: Material debt obligation · Item 3.02: Unregistered equity sale · Item 7.01: Press release / Reg FD
AI summary

Realty Income Corporation issued $1.0 billion principal amount of 3.750% Convertible Senior Notes due 2031 on August 14, 2026, creating a new direct financial obligation. The filing also covers Item 3.02 (reduction in securities, likely tied to share repurchases or conversions) and Item 7.01 (Reg FD, content not captured in excerpt). The 3.750% rate on convertible notes is notably low, suggesting Realty Income is using the conversion premium to lower its effective borrowing cost. The $1B convertible is material for the REIT's capital structure, with potential future dilution if the notes convert.

8-KPress release / Reg FDAug 58-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

O filed an 8-K (Item 2.02) reporting its financial results, filed 2026-08-05. The actual financial figures are in the attached press release (Exhibit 99.1), not reproduced in the body excerpt. This is a material disclosure; investors should review the press release for beat/miss details and guidance.

8-KAgreement terminatedJul 138-K — Item 1.01: Material agreement · Item 1.02: Agreement terminated · Item 2.03: Material debt obligation · Item 8.01: Other event
AI summary

Realty Income Corporation (O) entered into its Fifth Amended and Restated Credit Agreement on July 10, 2026 (the closing date). The credit facility includes both a U.S. borrower tranche and a UK borrower tranche through its subsidiary RI UK Finance Ltd. This is a material refinancing and amendment to Realty Income's primary revolving credit facility. Specific financial terms such as capacity, pricing, and maturity were not detailed in the excerpt.

424B5Prospectus supplement (offering)Jun 30424B5
AI summary

Realty Income filed a preliminary prospectus supplement for EUR-denominated notes due 2032 with the coupon rate blank. Notes are senior unsecured, listed on NYSE, with a minimum denomination of EUR 100,000. Preliminary EUR-denominated debt raise accessing European capital markets.

424B5Prospectus supplement (offering)Jun 29424B5
AI summary

Realty Income filed a preliminary prospectus supplement for EUR-denominated notes due 2032 with coupon blank and a minimum denomination of EUR 100,000. Preliminary EUR note offering preceding the final pricing.

8-KShareholder voteMay 228-K — Item 5.07: Shareholder vote
AI summary

Realty Income Corporation (O) filed an 8-K (Item 5.07) on May 22, 2026 reporting shareholder vote results from its annual meeting held May 21, 2026. The excerpt is primarily XBRL tags referencing multiple outstanding note series plus boilerplate header — the specific vote tallies are in the attached exhibit. Routine annual meeting voting disclosure for a major net-lease REIT.

424B5Prospectus supplement (offering)May 8424B5
AI summary

Realty Income Corporation filed a 424B5 prospectus supplement on May 8, 2026, establishing an at-the-market (ATM) equity offering program for up to 150,000,000 shares of common stock at prevailing market prices. The program involves 25 agents including Goldman Sachs, J.P. Morgan, Morgan Stanley, and BofA Securities, as well as a forward-sale component through forward purchasers. Proceeds are intended for general corporate purposes, which for a net-lease REIT typically means funding acquisitions. This is a significant dilution facility — 150 million shares represents a material addition to the share count and will be drawn down over time as Realty Income deploys capital.

8-KPress release / Reg FDMay 68-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

Realty Income Corporation filed an 8-K under Items 2.02 (earnings) and 7.01 (Reg FD) on May 6, 2026, reporting Q1 2026 financial results and furnishing an investor presentation. The XBRL header lists 14 outstanding senior note series ranging from 1.125% (2027) to 6.000% (2039), reflecting the REIT's extensive unsecured debt stack. Routine quarterly earnings and investor deck — AFFO per share, portfolio occupancy rate, and same-store rent growth are the metrics that drive valuation for this net-lease bellwether.

+ 22 other (10 routine 8-Ks · 3 13Gs · 2 10-Qs · 2 424B5s) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

4 High-Yield Dividend Stocks to Own for the Next Decadefool.com·21h agoHow to Build $8,700 a Month in Dividend Income Without Selling a Single Share247wallst.com·1d agoMonthly Paydays vs. Compound Growth: Why JNJ Beats O for Long-Term Retirees247wallst.com·1d agoFewer and Fewer S&P 500 Stocks Yield Over 4%. Here's My Top Pick to Buy Now.fool.com·1d agoHow a Roth IRA Can Keep Thousands More of Your High-Yield Dividend Income Compounding247wallst.com·1d ago

More in REIT - Retail

Peers in the same group — one click to compare setups, fundamentals, and chatter.

$SPG
Voices on X · last 7 days

No standout posts about $O on X in the last 7 days.

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

PrivacyTermsSupport