Realty Income Stock Rises 20% in 6 Months: Will the Trend Last?
Realty Income(O) ZACKS·2024-09-05 23:00
Shares of Realty Income (O) have gained 20.2% in the past six months compared with the industry's growth of 4.8%. This San Diego, CA-based retail real estate investment trust (REIT) is is well-poised to benefit from its portfolio of top industries selling essential goods and services and a diversified tenant base. Also, accretive buyouts, backed by a healthy balance sheet position, bode well for growth. Analysts seem bullish on this Zacks Rank #3 (Hold) company. The Zacks Consensus Estimate for its 2024 FFO ...