Realty Income (NYSE:O) announced its quarterly earnings results on Sunday. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.04), MarketWatch Earnings reports. The business had revenue of $442.80 million during the quarter, compared to the consensus estimate of $413.59 million. Realty Income had a net margin of 24.94% and a return on equity of 3.96%. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the firm earned $0.88 EPS.
O traded up $0.42 during trading on Tuesday, reaching $69.10. 103,353 shares of the company’s stock were exchanged, compared to its average volume of 3,112,129. The company’s fifty day moving average price is $65.77 and its 200-day moving average price is $61.87. The firm has a market capitalization of $25.81 billion, a PE ratio of 57.15, a P/E/G ratio of 4.80 and a beta of 0.64. Realty Income has a fifty-two week low of $47.68 and a fifty-two week high of $71.84. The company has a debt-to-equity ratio of 0.80, a quick ratio of 4.77 and a current ratio of 4.77.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 14th. Shareholders of record on Monday, May 3rd will be paid a $0.235 dividend. The ex-dividend date of this dividend is Friday, April 30th. This represents a $2.82 dividend on an annualized basis and a yield of 4.08%. Realty Income’s payout ratio is presently 84.94%.
About Realty Income
Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with our commercial clients.
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