Realty Income traded at $411.60 this Friday October 2nd, decreasing $3.50 or 0.84 percent since the previous trading session. Looking back, over the last four weeks, Realty Income lost 18.45 percent. Over the last 12 months, its price rose by 37.31 percent. Looking ahead, we forecast Realty Income to be priced at 409.22 by the end of this quarter and at 383.27 in one year, according to Trading Economics global macro models projections and analysts expectations.
Realty Income Corporation is a real estate investment trust (REIT). The Company is focused on acquiring and managing freestanding commercial properties under a long-term net lease agreement. The Company owns and operates diversified portfolio of over 11,000 commercial properties. The Company's properties are leased to clients, operating across 60 industries, and located in 50 United States (U.S) states, Puerto Rico, the United Kingdom and Spain. The majority of its properties are leased to retail clients that have a service, non-discretionary, and/or low price point component to their business. The Company’s property types include Retail, Industrial, and Agriculture.