Report
Edward Mui
EUR 101.80 For Business Accounts Only

Realty Income Reports 2Q Results; Maintaining FVE

Realty Income reported second-quarter earnings roughly in line with our expectations. We are maintaining our $53 per share fair value estimate and no-moat rating. The portfolio now exceeds 5,000 properties with management indicating that there’s more to come. The company increased acquisition guidance to $1.5 billion for the year compared with prior guidance of $1 billion, after having completed approximately $321 million in acquisitions at attractive spreads during the quarter. Occupancy remain...
Underlying
Realty Income Corporation

Realty Income is a real estate investment trust. The company invests in commercial real estate. The company owns a portfolio of properties located in various states, Puerto Rico and United Kingdom.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Edward Mui

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch