Realty Income Stock: How Investors Can Buy For The Yield Ahead Of Q4 Earnings
Portfolio Pulse from Surbhi Jain
Realty Income Corp (NYSE:O) is set to report its Q4 earnings on Feb. 20, with expectations of 33 cents in EPS and $1.02 billion in revenues. Known for its monthly dividends, the company has a forward dividend yield of 5.92% and a 5-year average annualized dividend growth rate of 2.61%. Technical analysis shows a bearish trend with the stock price below key moving averages, but buying pressure suggests potential bullish movement. Analyst consensus rates the stock as Neutral with a price target of $57.89.
February 19, 2024 | 4:12 pm
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Realty Income Corp is expected to report Q4 earnings with a focus on its dividend yield and technical analysis indicating a bearish trend but potential for bullish movement. Analysts rate it Neutral with a $57.89 target.
The anticipation of Q4 earnings and the current technical analysis suggest a neutral short-term impact on Realty Income's stock price. The bearish trend is countered by buying pressure and a Neutral analyst rating, making the short-term price direction uncertain.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100