Realty Income Earnings: A Fantastic Second Quarter
Net-lease retail REIT Realty Income Corporation (NYSE: O) reported second-quarter earnings that not only showed impressive revenue and FFO numbers, but gave investors several other reasons to smile as well. While the real estate sector has been a major laggard over the past year or so, Realty Income's long-term thesis appears to be doing just fine.
First, let's take a look at Realty Income's revenue and FFO for the quarter, both of which showed impressive growth. Revenue came in at $300.2 million, a 10.8% year-over-year increase, while the adjusted FFO of $0.76 per share represents a 7% growth rate.
During the quarter, Realty Income announced its 79th quarterly dividend increase in a row, and the stock now pays 6% more on an annualized basis than it did a year ago. Since its 1994 NYSE listing, Realty Income's dividend has grown at a 4.7% annualized rate.
Source: Fool.com
Realty Income Corp Aktie
Des weiteren hat Realty Income Corp derzeit 14 Buy-Einschätzungen und 2 Sell-Einschätzungen durch unsere Community zu Buche stehen.
Das Kursziel von 57 € für Realty Income Corp weist auf ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 53.22 € hin.
