KD Logo

Realty Income Corp. (O) receives a Buy rating from Stifel

Realty Income Corp.’s recently made public that its Director Preusse Mary Hogan unloaded Company’s shares for reported $0.11 million on Sep 11 ’24. In the deal valued at $62.58 per share,1,712 shares were sold. As a result of this transaction, Preusse Mary Hogan now holds 26,579 shares worth roughly $1.63 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Mary Hogan Preusse bought 1,712 shares, generating $107,000 in total proceeds.

Before that, Chapman A. Larry sold 5,000 shares. Realty Income Corp. shares valued at $303,850 were divested by the Director at a price of $60.77 per share. As a result of the transaction, Chapman A. Larry now holds 5,257 shares, worth roughly $0.32 million.

Stifel reiterated its Realty Income Corp. [O] rating to a Buy in a research note published on August 28, 2024; the price target was $70.25. A number of analysts have revised their coverage, including Wedbush’s analysts, who began to cover the stock in mid August with a ‘”a Neutral”‘ rating. KeyBanc Capital Markets started covering the stock on June 12, 2024. It rated O as “a Sector weight”.

Price Performance Review of O

On Monday, Realty Income Corp. [NYSE:O] saw its stock fall -0.03% to $61.29. Over the last five days, the stock has lost -3.92%. Realty Income Corp. shares have risen nearly 6.74% since the year began. Nevertheless, the stocks have risen 23.10% over the past one year. While a 52-week high of $64.88 was reached on 10/21/24, a 52-week low of $45.03 was recorded on 04/17/24. SMA at 50 days reached $62.33, while 200 days put it at $56.30.

Levels Of Support And Resistance For O Stock

The 24-hour chart illustrates a support level at 60.94, which if violated will result in even more drops to 60.60. On the upside, there is a resistance level at 61.87. A further resistance level may holdings at 62.46. The Relative Strength Index (RSI) on the 14-day chart is 41.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.64%. Stochastics %K at 22.46% indicates the stock is a holding.

How much short interest is there in Realty Income Corp.?

A steep rise in short interest was recorded in Realty Income Corp. stocks on 2024-10-15, dropping by -1.86 million shares to a total of 16.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 18.18 million shares. There was a decline of -11.42%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on February 13, 2024 when BMO Capital Markets began covering the stock and recommended ‘”a Market perform”‘ rating along with a $57 price target.

Most Popular