Realty Income Corporation (NYSE:O) is included among the Dividend Stock Portfolio For Retirement: Top 12 Stock Picks.
Photo by Dan Dennis on Unsplash On May 11, Freedom Broker analyst Zhiger Kurmet upgraded Realty Income Corporation (NYSE:O) to Buy from Hold and assigned a $69 price target
The analyst said Q1 AFFO of $1.13 per share came in above both the firm’s estimates and consensus expectations. The upgrade was made “on a tactical basis,” with the firm pointing to better near-term upside potential for the shares. During the Q1 2026 earnings call, President, CEO & Director Sumit Roy said the company entered 2026 with solid momentum and posted AFFO per share of $1.13, up 6.6% from the same period last year.
He added that Realty Income invested nearly $2.8 billion during the quarter at an initial weighted average cash yield of 7.1%. That included around $1 billion directed toward credit and structured investments. Roy also connected the quarter’s results to the company’s expanding private capital strategy.