Realty Income Raises Full-Year Guidance Following Third Quarter Earnings
Realty Income (O) reported its third-quarter 2026 earnings, demonstrating resilience despite the headwinds of rising interest rates. The net-lease real estate investment trust (REIT) maintained a strong occupancy rate of 98.5% and achieved same-store rent growth between 1.1% and 1.3%. Despite market pressures that have kept shares roughly 25% below their 2020 highs, the company's diversified portfolio of over 15,500 properties continues to drive profitable investments. Following the report, management raised its full-year adjusted funds from operations (FFO) guidance slightly, moving the range from $4.44–$4.45 per share to $4.45–$4.46 per share. The company also continued its 32-year streak of annual dividend increases, currently offering a yield of approximately 5.5% to 5.6%. This stability is supported by an investment-grade balance sheet and strategic capital recycling efforts.
Tickers: $O
Topics: dividend increase earnings report guidance increase real estate investment trust