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OO

Realty Income Corporation

$O·$60B·REIT - Retail·Real Estate
$63.87-0.9%YTD+14.3%1Y+13.8%
Mentions · last 7 days
2026-07-26: 38 posts2026-07-27: 96 posts2026-07-28: 103 posts2026-07-29: 51 posts2026-07-30: 66 posts2026-07-31: 55 posts2026-08-01: 54 posts465+18%
Price updated 3d ago·X counts updated 1d ago
OO
$ORealty Income Corporation
$63.87-0.87%465 posts+18%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $O, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersEvent coming upAI verdict · as of 2026-07-31

A known event soon (earnings, a ruling, etc.) will likely decide the next move.

The monthly-dividend REIT missed AFFO three quarters running — Aug 5 print is the reset that decides whether the story is intact.

Realty Income is 'the monthly-dividend REIT' — the standard-bearer for triple-net commercial real estate compounding, held for the dividend more than for capital appreciation. But the last three quarters have quietly missed AFFO consensus, and the Aug 5 print is now the direct test of whether the model still works at scale.

  • The setup is subtly cracked: the last three EPS surprises were -18%, -17%, and -15% — meaning Wall Street has been persistently modeling ~$0.40 quarterly AFFO and Realty Income has printed ~$0.33 three quarters in a row. That gap says either consensus is systematically wrong or occupancy/rent-bumps are running below plan, and the market has moved on from patience.
  • The financing side is active but expensive: Realty Income just closed a EUR 600M 3.625% senior notes offering (July 7) plus refreshed its Fifth Amended credit facility (July 10) — meaning the capital-recycling engine is running, but at higher spreads than the pre-2023 era.
  • The valuation is not obviously cheap given the misses: 48.9x trailing GAAP earnings is deceptive (REITs are valued on AFFO), but at 9.5x P/S with a 7.2% FCF yield the stock is priced for stable-to-modestly-growing distributions — not for another AFFO miss. Consensus FY26 EPS $1.55 growing to $1.74 in FY27 is the base case.

Aug 5 Q2 earnings are the direct catalyst — a beat that finally closes the consensus gap plus a maintained FY26 AFFO guide restarts the dividend-compounder narrative. Another 15%+ miss with no explicit occupancy commentary confirms the market's concern about the model and puts pressure on the dividend growth cadence itself. Buy the print, not the dip in front of it.

Agrees with X sentimentX splits between the REIT (dividend-compounder framing, $10K→$533K over 32 years, monthly income vs SCHD) and o1 Exchange the crypto — bullish on both. The equity-side reading is fair but too optimistic; the three straight AFFO misses matter more than the historical compounding story implies.

What to watch: Aug 5 Q2 earnings — a beat that closes the consensus AFFO gap plus a maintained FY26 guide restarts the dividend narrative. Another 15%+ miss with no explicit occupancy commentary confirms concern about the model and pressures the dividend growth cadence.

On the calendar: 2026-08-05 — Q2 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment21 posts analyzed · as of 2026-08-01

O ticker splits between Realty Income the REIT and o1 exchange the crypto memecoin, both leaning bullish. On the REIT side, holders emphasize the 4.96% dividend yield versus a ~5.2% 30-year Treasury, a 10-year price band, and a $10k → $532,959 32-year compounding case. Crypto side hypes o1 exchange as a top-3 base-app appcoin trending gainer alongside time0ut AI and PonsFamily ecosystem projects.

Read the AI verdict + X sentiment for $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)
  • X crowd read with bullish/bearish call + post volume
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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 — inflation-indexed rent escalators and long lease terms sustain dividend predictability in a rate-normalizing environment.

What this means for $O

Partial — Net lease REIT with 6,500+ commercial properties and monthly dividends paid every month since 1969; partial earnings exposure to reit - retail demand dynamics through its product portfolio.

Top industry ETF

$XLREReal Estate Select Sector SPDR
+13.9%YTD
+8.8%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
Q1 2026May 6, 2026$0.33$0.40-18.0%
Q4 2025Feb 24, 2026$0.32$0.38-16.6%
Q3 2025Nov 3, 2025$0.34$0.40-14.7%
Q2 2025Aug 4, 2025$0.22$0.40-45.3%
Next earningsWed, Aug 5·consensus EPS $0.40

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 8 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$5.7B$5.6B – $5.8B$1.55$1.53 – $1.598
FY27$6.1B$5.5B – $6.4B$1.74$1.72 – $1.797
FY28$6.7B$5.6B – $7.5B$1.77$1.64 – $1.984
FY29$7.2B$6.5B – $7.7B$2.19$1.94 – $2.403
FY30$5.8B$5.3B – $6.2B$0.00$0.00 – $0.003

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.1.0×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.66%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.+1.8%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.+4.1%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 930.3M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.6% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β0.735-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

SellApr 2Michelle BushoreSee Remarks7.4K sh$462KSellApr 1Gregory MclaughlinDirector3.3K sh$203K
+ 34 other (19 awards · 15 inkinds) 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
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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-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.

424B5Prospectus supplement (offering)Mar 31424B5
424B5Prospectus supplement (offering)Mar 30424B5
+ 19 other (7 routine 8-Ks · 3 13Gs · 2 proxys · 2 8-Ks) in window

Recent news

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

Realty Income Just Declared Its 135th Dividend Increase and Reports Aug. 5. Is Now the Time to Buy?fool.com·1d ago3 Dividend Stocks to Buy Before August Ends and Hold Forever247wallst.com·1d ago2 High-Yield Dividend Stocks Worth Buying Before 2026 Endsfool.com·2d ago5 Safe Monthly Pay Dividend Stocks Boomers Love in August247wallst.com·2d agoBank of America Corp DE Sells 308,647 Shares of Realty Income Corporation $Odefenseworld.net·2d ago

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