Realty Income Corporation raised its full-year 2026 investment volume guidance to $9.5 billion at 100% ownership and increased its AFFO per share guidance range to between $4.41 and $4.44. On June 18, Scotiabank cut its price target on the stock from $72 to $67 while maintaining an Outperform rating, citing less compelling REIT valuations after a strong start to the year. The firm upgraded its outlook on net lease and self-storage to Overweight but downgraded industrial and shopping centers to Marketweight. Realty Income manages a portfolio of 15,500 properties across all 50 US states, the UK, and eight other European countries, and its annual dividend yield stands at 5.13%.
Bank of Nova ScotiaScotiabank cut Realty Income's price target, reflecting a less favorable view on the stock.
Realty Income Corporation