Wells Fargo cuts target for Realty Income stock from USD 64.00 to USD 59.00
Published on 10/26/2026 at 16:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget reset and operating figures
- Wells Fargo cut its Realty Income target from USD 64.00 to USD 59.00 on October 19, 2026.
- Second-quarter revenue rose 9.7 percent to USD 1.55 billion and AFFO reached USD 1.09 per share.
- Realty Income stock costs EUR 51.03 at Lang & Schwarz on October 26, 2026 at 4:36 p.m. CET.
- The next ex-dividend date is October 30, 2026, ahead of results scheduled for November 2, 2026.
Realty Income (ISIN US7561091049) faces a lower analyst valuation after Wells Fargo cut its price target from USD 64.00 to USD 59.00 on October 19, 2026, as reported by MarketScreener. The revised target is 3.47 percent above the NYSE price of USD 57.02 at 11:43 a.m. EDT on October 26, 2026. At Lang & Schwarz, the stock was trading at EUR 51.03 on October 26, 2026 at 4:36 p.m. CET.
Second-quarter revenue beat estimates
Realty Income's second-quarter 2026 revenue rose 9.7 percent to USD 1.55 billion and exceeded the USD 1.54 billion consensus estimate, while adjusted funds from operations reached USD 1.09 per share, up 3.8 percent year over year, according to Zacks. The company raised 2026 adjusted funds from operations guidance to USD 4.44-4.45 per share from USD 4.41-4.44 and lifted its investment-volume outlook to USD 10.00 billion from USD 9.50 billion.
What does the price position show?
At USD 57.02 on the NYSE at 11:43 a.m. EDT on October 26, Realty Income stood 7.28 percent above its 52-week low of USD 53.15 and 16.07 percent below its 52-week high of USD 67.94. Its market capitalization was USD 53.9 billion, with a trailing P/E ratio of 41.60 and a dividend yield of 6.00 percent.
The stock's operating profile remains tied to recurring rental income. Realty Income reported interests in 15,588 properties leased to 1,798 clients across 92 industries as of June 30, 2026, while portfolio occupancy stood at 98.8 percent, according to Zacks.
Dates and valuation matter
Realty Income declared a monthly dividend of USD 0.2715 per share payable on November 13, 2026 to holders of record on October 30, 2026, according to Simply Wall St. Realty Income is scheduled to report third-quarter 2026 results on November 2, 2026, according to MetaCap.
Comparison with peers
Realty Income (NYSE, USD): up 0.22 percent, P/E 41.60, market capitalization USD 53.9 billion.
Omega Healthcare Investors (NYSE, USD): up 1.44 percent, P/E 16.74, market capitalization USD 14.2 billion.
NNN REIT (NYSE, USD): up 0.36 percent, P/E 20.52, market capitalization USD 8.0 billion.
Income remains the key measure
Realty Income's 5.67 percent annual dividend yield cited by MetaCap contrasts with the higher valuation multiple attached to its earnings. For investors, the key calculation is whether the raised investment plan and recurring rents can support adjusted funds from operations while funding costs remain material. The euro quote from Lang & Schwarz stood at EUR 51.03 on October 26, 2026 at 4:36 p.m. CET.
The further course of trading is shown by the continuously updated real-time quote of Realty Income stock.
Realty Income market facts
- Company: Realty Income Corporation
- ISIN: US7561091049
- Ticker: O
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 26, 2026, 4:36 p.m. CET): EUR 51.03
- Market capitalization: USD 53.9 billion (as of October 26, 2026)
- 52-week range: USD 53.15-67.94 (as of October 26, 2026)
- Sector / Industry: Real Estate / Retail REIT
- Index membership: S&P 500
- Next earnings date: November 2, 2026
Market context: Market report S&P 500.
