Will 2018 Be Realty Income Corporation's Best Year Yet?
Net-lease real estate investment trust Realty Income (NYSE: O) is a favorite among income investors, with monthly dividends that grow steadily over time. However, the stock hasn't done particularly well in 2017. In fact, as of mid-November, Realty Income has declined by 1.6% so far this year and is barely in the black even when factoring in dividends. In contrast, the overall stock market has had a great year so far, with the S&P 500 up by nearly 15%.
Here's why Realty Income hasn't done too well this year, and whether 2018 could be a stronger year for the popular REIT and its investors.
Image source: Getty Images.
Source: Fool.com
Realty Income Corp Stock
€52.90
0.110%
With 14 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 57 € shows a slightly positive potential of 7.75% compared to the current price of 52.9 € for Realty Income Corp.
