Key Highlights

● Realty Income closed at $54.17 on 9 October 2026.

● Market data consensus target is $65.46, implying about 20.8% upside.

● Targets range from $59.00 to $70.00.

● According to market data, Stifel Nicolaus set a $63.75 target on 9 October.

On Friday 9 October 2026, Realty Income (NYSE:O), a member of the S&P 500, closed at $54.17. Analyst targets sit well above that level, with the consensus implying upside of about 20.8%. Recent broker revisions have mostly been downward.

What Is the Latest Analyst Price Target?

Market data reports a consensus price target of $65.46 from 18 ratings in the past twelve months, with a high of $70.00 and a low of $59.00. Against the $54.17 close, the consensus target suggests potential upside of roughly 20.8%. The second data set, which uses third-party data, shows a mean of $66.06, a median of $66.00 and a range of $59 to $74 across 25 analysts.

These figures are broadly consistent with each other and with recent named broker targets of $59 to $70.

What Are Wall Street Analysts Saying?

Market data's split is one Strong Buy, seven Buy, nine Hold and one Sell. Recent broker activity has been cautious. According to market data, Stifel Nicolaus set a $63.75 target on 9 October, and Truist Financial initiated coverage at Hold with a $60.00 target on 1 October. Scotiabank downgraded the shares to Sector Perform on 23 September, cutting its target from $67.00 to $59.00. Mizuho lowered its target from $66.00 to $61.00 on 17 September, Barclays cut from $67.00 to $65.00 on 4 September, and Wells Fargo trimmed from $65.00 to $64.00 on 1 September. Royal Bank of Canada lowered its Outperform target from $71.00 to $70.00 on 7 August.

What Could Help the Stock Reach the Price Target?

The consensus sits well above the current price. Market data lists a monthly dividend of $0.2715 per share, an annualised $3.26 and a yield of about 6.1%. Lower government bond yields would generally make that income more attractive and could ease pressure on REIT valuations. Steady acquisitions, rent collection and occupancy are other potential supports.

What Could Prevent the Stock Reaching the Target?

Interest-rate sensitivity is the most obvious risk: persistently high yields raise funding costs and can reduce the appeal of income shares. The run of target reductions and the Scotiabank downgrade suggest some analysts are already lowering expectations. Market data also flags a payout ratio of about 238% on an earnings basis; REITs are usually judged on funds from operations, so this needs careful interpretation, but dividend coverage is a point of debate. Tenant credit quality and a slowdown in acquisitions could also weigh on results. Nine of 18 ratings are Hold, indicating limited conviction.

What Should Investors Watch Next?

Other items to monitor include further broker target changes, Treasury yield movements, monthly dividend declarations and any update to guidance.

How Analysts See Realty Income After the Latest Close

Realty Income closed at $54.17 on 9 October 2026, against a market data consensus target of $65.46. According to market data, Stifel Nicolaus set a $63.75 target on 9 October, and Truist Financial initiated coverage at Hold with a $60.00 target on 1 October.