After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Realty Income Corporation (O) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.05, or 0.09%, to $55.20. The Realty Income Corporation has recorded 58,303 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted 122nd COMMON STOCK MONTHLY DIVIDEND INCREASE DECLARED BY REALTY INCOME.
O belongs to the Real Estate sector of the NYSE while operating in the REIT – Retail industry. At the end of the last regular session, the stock closed at $55.15 and fluctuated between $55.35 as its day high and $54.92 as its day low. The current market capitalization of Realty Income Corporation is $38.92B. A total of 3.7 million shares were traded on the day, compared to an average of 5.15M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, O has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 7,924 and the disposition of 0 shares. Over the last 12 months, there were 26 BUYs and 22 SELLs from insiders. Insiders purchased 251,322 shares during that period but sold 112,726.
In the most recent transaction, Abraham Neil sold 26,600 shares of O for 65.34 per share on Feb 27. After the transaction, the insider now owns 41,630 company shares.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Realty Income Corporation pays an annual dividend of $3.07, resulting in a dividend yield of 5.56%, and it has a price to earnings (P/E) ratio of 41.03. O’s most recent ex-dividend date was when it declared a $0.2560 quarterly dividend that was paid in cash on 10/13/2023. Previously, the company paid the dividend on 9/15/2023 with an ex-dividend date of 8/31/2023. The O stock dividend was $0.2555 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for O in the last 3 months, the mean price target is $68.08 with high estimates of $74.00 and low estimates of $61.00. In terms of 52-week highs and lows, O has a high of $68.85 and a low of $54.76.
As of this writing, O has an earnings estimate of $0.32 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.36 per share and a lower estimate of $0.28.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. O’s latest balance sheet shows that the firm has $258.58M in Cash & Short Term Investments as of fiscal 2021. There were $15.44B in debt and $2.05B in liabilities at the time. Its Book Value Per Share was $46.20, while its Total Shareholder’s Equity was $25.13B.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for O is Buy with a score of 4.00.