- Realty Income reported a normalized Funds From Operations (FFO) per share of $1.05, slightly below the estimate of $1.06.
- Adjusted FFO per share came in at $1.06.
- Total FFO reached $937.7 million.
- Revenue was reported at $1.38 billion, surpassing the estimate of $1.34 billion.
- Occupancy rates remained high, at 98.5%.
- The first quarter results highlight the strength of Realty Income‘s portfolio and capital deployment, particularly strong in Europe.
- Analyst recommendations include 6 buys and 19 holds, with no sells noted.
A look at Realty Income Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Realty Income demonstrates a positive long-term outlook. With strong scores in Dividend and Momentum, investors can expect steady income through dividends and potential growth in the future. The company’s focus on acquiring single-tenant retail properties under long-term leases adds to its Resilience score, indicating a stable foundation for sustained performance. While Growth scored a bit lower, the overall outlook remains favorable due to the solid Value score, highlighting the company’s attractive investment proposition.
Realty Income Corporation, with its strategic approach to owning and managing commercial properties in the US, presents a reliable investment opportunity. Specializing in single-tenant retail locations leased to well-established chains, the company’s long-term net lease agreements contribute to its Resilience score. Combined with a top score in Dividend and strong Momentum, Realty Income showcases a promising future in providing investors with consistent dividends and potential growth. The above-average Value score further solidifies the company’s position as a sound investment choice in the real estate sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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