Realty Income’s stock edges up despite muted trading and mixed analyst targets
Realty Income’s stock climbed on December 24, closing at $56.67—a 1.32% rise from the previous day. The increase followed a session of unusually low trading activity, with volumes nearly 60% below average. Analysts have recently adjusted their outlooks on the company, offering mixed views on its future performance.
The stock hit a daily high of $56.74 on December 24, up from the prior close of $55.93. Trading remained subdued, with only around 2.4 million shares exchanged compared to the usual volume.
Analysts have taken differing positions in recent weeks. Stifel raised its target to $67.75 on December 23–24, maintaining a 'Buy' rating. Morgan Stanley kept an 'Equal-Weight' (neutral) stance but lifted its target from $62 to $65 on December 24. Earlier in the month, JPMorgan Chase & Co. reaffirmed an 'Underweight' rating with a $61 target, while Mizuho cut its target to $60, keeping a 'Neutral' recommendation. Meanwhile, Royal Bank of Canada boosted its target to $61, labelling the stock an 'Outperform'. The current consensus target sits at roughly $62.23, implying limited upside from the latest closing price. Shares are trading close to their 50-day moving average of $57.71, still about 7.2% below the 52-week peak. The company’s next monthly dividend of $0.27 per share is due on January 15, 2026.
Realty Income’s stock ended December 24 slightly higher, despite lighter-than-usual trading. Analysts remain divided, with target prices ranging from $60 to $67.75. The next dividend payment is scheduled for mid-January, while the stock lingers below its yearly high.
