Realty Income stock: BMO cuts target to USD 61.00 from USD 66.00
Published on 10/23/2026 at 15:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting dates
- BMO Capital cut its Realty Income target from USD 66.00 to USD 61.00 on October 19, 2026.
- Second-quarter 2026 revenue reached USD 1.55 billion, up 9.70 percent year over year.
- Realty Income stock costs EUR 51.03 at Lang & Schwarz on October 23, 2026 at 3:32 p.m. CEST.
- The next ex-dividend date is October 30, 2026, followed by third-quarter results on November 2, 2026.
Realty Income (ISIN US7561091049) is facing a lower analyst target after BMO Capital cut its price objective from USD 66.00 to USD 61.00 on October 19, 2026, as reported by MarketScreener. Realty Income was trading at EUR 51.03 at Lang & Schwarz on October 23, 2026 at 3:32 p.m. CEST.
Revenue reached USD 1.55 billion
Realty Income's second-quarter 2026 revenue reached USD 1.55 billion, compared with a consensus estimate of USD 1.40 billion and up 9.70 percent from the year-earlier quarter, according to MarketBeat. The company also reported earnings per share of USD 1.09 for that period, matching the consensus estimate of USD 1.09.
The latest company figures point to continued top-line expansion, but the analyst reset keeps valuation and financing conditions central to the stock story. Realty Income's 2026 adjusted funds from operations guidance stands at USD 4.44 to USD 4.45 per share, a range cited by Zacks.
Stock remains above its yearly low
On the NYSE, Realty Income closed at USD 57.06 on October 22, 2026. That level was 7.36 percent above the 52-week low of USD 53.15 and 16.01 percent below the 52-week high of USD 67.94. The stock's year-to-date performance stood at plus 5.30 percent on that date.
Dividend and reporting dates
Realty Income declared a monthly dividend of USD 0.27 per share, with October 30, 2026 set as the ex-dividend date and November 13, 2026 as the payment date. The annualized dividend was USD 3.26, equivalent to a 5.71 percent yield. Third-quarter 2026 results are scheduled for November 2, 2026.
The company describes itself as an S&P 500 real estate investment trust with more than 15,500 properties as of June 30, 2026. Its investor page also lists 676 consecutive monthly dividends and 116 consecutive quarterly increases, alongside the second-quarter 2026 earnings materials.
What the target cut changes
BMO's USD 61.00 target sits below the USD 64.63 average target shown for 25 analysts, while Realty Income's price-to-earnings ratio was 41.35 and its market capitalization was USD 54.0 billion on October 22, 2026. The gap leaves the upcoming results as the next dated test for revenue growth, funds from operations and capital allocation.
Realty Income price in euros
Realty Income was trading at EUR 51.03 at Lang & Schwarz on October 23, 2026 at 3:32 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Realty Income stock.
Realty Income Corporation at a glance
- Company: Realty Income Corporation
- ISIN: US7561091049
- Ticker: O
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 3:32 p.m. CEST): EUR 51.03
- Market capitalization: USD 54.0 billion (as of October 22, 2026)
- 52-week range: USD 53.15-67.94 (as of October 22, 2026)
- Sector / Industry: Real Estate / REIT - Retail
- Index membership: S&P 500
- Next earnings date: November 2, 2026
Market context: Market report S&P 500.
