Realty Income Corporation (O) earnings on May 6, 2026
More Realty Income Corporation earnings
Prior outlook: Pessimistic Outcome: Accurate
The stock price fell after the company's report. Investors were concerned about the company's past performance and potential risks.
O price around the earnings
62.10
Change: -3.0%
2026-05-08, 00:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
Analysts neutral; risk outweighs potential reward.
This company has a history of not meeting earnings expectations, which presents a risk. Analysts have a neutral outlook with a price target suggesting only a small potential increase.
Context analyzed before publication
- Summary
- Analysts neutral; risk outweighs potential reward.
- Reasoning
- This company has a history of not meeting earnings expectations, which presents a risk. Analysts have a neutral outlook with a price target citing only a small optimistic scenario.
- Playbook
- Given the consistent earnings misses and limited optimistic scenario, the data suggests caution. Existing investors might want to monitor for any signs of fundamental improvement before committing further.
- Trend
- No significant change in analyst sentiment.
Analysts
Drivers
-
Analysts
Neutral
Analysts currently rate the stock as a 'Hold' with a price target of $68, indicating only a 7.3% optimistic scenario. One firm maintained an 'Equal-Weight' rating.
Evidence
- Analyst consensus
- Hold
- Consensus average (1-5)
- 2.58
- Analysts covering the stock
- 20
- Average price target
- 68.4
- Lowest price target
- 61.5
- Highest price target
- 75
- Upside to price target
- 7.3%
- Quarterly earnings growth
- 48.3%
- Revenue growth
- 11%
- Forward EPS
- 1.82
- Trailing EPS
- 1.17
- Analyst moves in the last 60 days
- 6
- Strong buy: 3
- Buy: 4
- Hold: 16
- Sell: 0
- Strong sell: 1
- Strong buy
- 3
- Buy
- 4
- Hold
- 16
- Sell
- 0
- Strong sell
- 1
- April 21, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- March 17, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
- March 13, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- March 11, 2026 · Scotiabank: Maintains rating (Sector Outperform → Sector Outperform)
- March 11, 2026 · Mizuho: Maintains rating (Neutral → Neutral)
- March 9, 2026 · UBS: Maintains rating (Buy → Buy)
News and sentiment
Drivers
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News & sentiment
Neutral
A major firm maintained its 'Equal-Weight' rating, but concerns about the dividend's sustainability have been noted.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (2)
- Barclays Maintains Equal-Weight on Realty Income, Raises Price Target to $68 — Benzinga
- Realty Income's Dividend Buffer Looks Solid — But Leverage And Maturity Timing Are Worth Watching — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock's recent performance shows negative momentum over the last 14 days, and it is underperforming the broader market (SPY).
Evidence
- Average true range (ATR)
- 1.2%
- Distance to 52-week high
- -6.2%
- 14-day change (14d)
- -2.1%
- 30-day change
- +6.1%
- 30-day relative strength
- -6.0%
- Benchmark change
- +12.1%
- Nearest support
- 59.85
- Nearest resistance
- 65.35
- Volume accumulation ratio
- 0.73
Trends
Evidence
- Average earnings surprise
- -22.3%
- February 24, 2026: actual EPS 0.33 vs estimate 0.41 (surprise -18.5%)
- November 3, 2025: actual EPS 0.36 vs estimate 0.4 (surprise -10.8%)
- August 6, 2025: actual EPS 0.22 vs estimate 0.4 (surprise -45.1%)
- May 5, 2025: actual EPS 0.28 vs estimate 0.33 (surprise -15.0%)
Expected move
Drivers
-
Past earnings
Negative
The company has missed earnings expectations for the last four quarters, with an average surprise of -22.3%. This is a significant negative pattern.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 0.8%
- 75th percentile move
- 1.8%
- 90th percentile move
- 2.4%
- Up / down moves
- 10 / 9
- Average up move
- +0.9%
- Average down move
- -1.6%
Monitoring and close
What Realty Income Corporation reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -3.5%
- Max favorable move (MFE)
- 3.9%
- Max adverse move (MAE)
- 0.1%