Realty Income Corp.
O
Market Cap$49.95B
Close$
Earnings Call Q2 2024
August 6, 2024 - AI Summary
Realty Income reported strong second quarter results, with AFFO per share of $1.06, representing a 6% growth compared to last year.
The company invested $805.8 million in high-quality opportunities during the quarter, including a $377.5 million investment in a secured note issued by Asda, a leading U.K. grocery operator.
Realty Income expects to sell between $400 and $500 million of assets for the full year, utilizing proprietary predictive analytic tools to optimize portfolio composition and investment returns.
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$53.76
14.4% downside
Current Fair Value
14.4% downsideOvervalued by 14.4% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $49.95 Billion |
|---|---|
| Enterprise Value | $74.91 Billion |
| Dividend Yield | $3.0074 (5.24%) |
| Earnings per Share | $1.05 |
| Beta | 0.57 |
| Outstanding Shares | 870,774,436 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 64.28 |
|---|---|
| PEG | 196.35 |
| Price to Sales | 12.56 |
| Price to Book Ratio | 1.43 |
| Enterprise Value to Revenue | 15.83 |
| Enterprise Value to EBIT | 35.66 |
| Enterprise Value to Net Income | 88 |
| Total Debt to Enterprise | 0.34 |
| Debt to Equity | 0.66 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Realty Income Corp.
194 employees
CEO: Sumit Roy Realty Income, The Monthly Dividend Company®, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from ov...