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Is Realty Income Stock a Buy Now? | Realty Income (O) Stock Analysis |

DividendologyMay 7, 2026

Realty Income (O) has underperformed the market recently despite a strong start to 2026. The analysis dives into its dividend metrics, recent earnings, the impact of interest rates, and valuation compared to peers. While the company has diluted shareholders by issuing more shares, it has managed to grow adjusted funds from operations per share at a slow but healthy rate, leading to a more attractive valuation.

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Realty Income (O) is trading at a more attractive valuation due to declining share price despite per-share AFFO growth, making it a hold.

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