Realty Income Corp (NYSE:O) shares, rose in value on Wednesday, January 22, with the stock price down by -2.35% to the previous day’s close as strong demand from buyers drove the stock to $53.96.
Actively observing the price movement in the last trading, the stock closed the session at $55.26, falling within a range of $53.93 and $54.94. The value of beta (5-year monthly) was 0.996 whereas the PE ratio was 51.35 over 12-month period. Referring to stock’s 52-week performance, its high was $64.88, and the low was $50.65. On the whole, O has fluctuated by 2.18% over the past month.
With the market capitalization of Realty Income Corp currently standing at about $47.23 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 3.13, with its dividend yield at 5.81%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.06B, with a low estimate of 1.21B and a high estimate of 1.35B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.28B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that O’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 12.84, with the price of O currently trading nearly 1.48% and -1.94% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.70, while the 7-day volatility ratio is showing 2.01% which for the 30-day chart, stands at 1.76%. Furthermore, Realty Income Corp (O)’s beta value is 1.01, and its average true range (ATR) is 0.98.
A comparison of Realty Income Corp (O) with its peers suggests the former has fared considerably weaker in the market. O showed an intraday change of -2.35% in last session, and over the past year, it shrunk by -4.53%%.
Data on historical trading for Realty Income Corp (NYSE:O) indicates that the trading volumes over the past 10 days have averaged 5.03 and over the past 3 months, they’ve averaged 5.21 million. According to company’s latest data on outstanding shares, there are 875.20 million shares outstanding.
Nearly 0.11% of Realty Income Corp’s shares belong to company insiders and institutional investors own 80.93% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 14.69 million shares as on 2024-12-31, resulting in a short ratio of 2.63. According to the data, the short interest in Realty Income Corp (O) stood at 193.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 18.72 million. The stock has risen by 1.03% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the O stock heading into the next quarter.
