Realty Income
About: Realty Income owns roughly 15,600 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.
Employees: 468
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
63% more repeat investments, than reductions
Existing positions increased: 602 | Existing positions reduced: 369
43% more call options, than puts
Call options by funds: $408M | Put options by funds: $286M
38% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 95
9% more capital invested
Capital invested by funds: $36.5B [Q4 2024] → $39.8B (+$3.27B) [Q1 2025]
0% more funds holding
Funds holding: 1,240 [Q4 2024] → 1,241 (+1) [Q1 2025]
1.17% less ownership
Funds ownership: 78.12% [Q4 2024] → 76.95% (-1.17%) [Q1 2025]
7% less funds holding in top 10
Funds holding in top 10: 14 [Q4 2024] → 13 (-1) [Q1 2025]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
UBS Brent Dilts | 8%upside $62 | Buy Maintained | 13 May 2025 |
Scotiabank Nicholas Yulico | 1%upside $58 | Sector Perform Maintained | 12 May 2025 |
Wedbush Jay Kornreich | 6%upside $61 | Neutral Reiterated | 7 May 2025 |
Stifel Simon Yarmak | 18%upside $68 | Buy Maintained | 6 May 2025 |
JP Morgan Anthony Paolone | 6%upside $61 | Neutral Maintained | 5 May 2025 |
Financial journalist opinion
Based on 102 articles about O published over the past 30 days









