If you’re checking the o stock price today per share, you’ve likely noticed a bit of a rally. Honestly, Realty Income Corporation—the company behind that famous "O" ticker—has been on a tear lately. As of the market close on Friday, January 16, 2026, shares hit $61.42, flirting with a fresh 52-week high of $61.54. It’s a significant jump from where things stood just a few months ago when the stock was hovering in the mid-50s.
Why does everyone care about this specific REIT? Well, it’s basically the gold standard for monthly income. Most companies pay you every three months; Realty Income pays you every single month. They’ve even trademarked the phrase "The Monthly Dividend Company." You've gotta respect the commitment to the brand.
What’s Driving the O Stock Price Today Per Share?
Markets don't just move on vibes. There are real numbers moving the needle here. Recently, the stock saw a 1.15% bump on heavier-than-usual volume—over 7.2 million shares changed hands. That’s a lot of institutional eyes looking for a safe place to park cash.
One huge factor is their recent dividend announcement. In mid-January 2026, they declared their 133rd consecutive quarterly increase since going public in 1994. The current monthly payout is $0.27 per share, which works out to a forward dividend yield of about 5.28%. For a "boring" real estate stock, that's actually pretty juicy, especially when you consider their occupancy rate is sitting at a rock-solid 99%.
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The Private Capital Play
Kinda surprising to many was the $1.7 billion partnership with GIC, Singapore’s sovereign wealth fund. It's a strategic move to pivot toward private capital instead of just dumping more shares onto the public market. This reduces dilution, which usually makes current shareholders pretty happy.
The Analyst Tug-of-War: Is O Overbought?
You’ll hear a lot of noise from Wall Street. Some folks think the price has run up too fast. The Relative Strength Index (RSI) is currently around 73.8, which is technical-speak for "this stock might be a bit overbought."
Here is how the big players are rating it right now:
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- Morgan Stanley: They kept an "Equal Weight" rating but bumped their price target to $65.00 back in late December.
- JPMorgan: A bit more pessimistic. They recently downgraded the stock to "Underweight" with a $61.00 target. Since we’re already past $61, they’re basically saying it’s time to be careful.
- Stifel: These guys are the bulls in the room, maintaining a Buy rating with a target of $67.75.
It's a classic split. One side sees the 13.7% compound annual total return since 1994 and says "buy more," while the other sees a high P/E ratio and worries about interest rate volatility.
Reality Check: The Financials Under the Hood
Don’t get blinded by the dividend. You've gotta look at the debt. Realty Income just closed an $862.5 million convertible senior notes offering. They’re using some of that to pay off older debt maturing in 2026 that was carrying a 5.05% interest rate.
Basically, they are refinancing their "mortgage" to keep things lean. Their net income for the quarter ending September 2025 was roughly $315.77 million, which was up 17% year-over-year. Revenue hit $1.47 billion. Those are healthy numbers for a company that owns over 15,000 properties across the US and Europe.
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The Payout Ratio "Scare"
If you look at some financial sites, you’ll see a payout ratio listed at 298%. Don't panic. For REITs, traditional payout ratios based on "Net Income" are useless. You have to look at AFFO (Adjusted Funds From Operations). Because real estate has massive depreciation costs, net income looks artificially low. On an AFFO basis, the dividend is well-covered and very safe.
What You Should Watch Next
The o stock price today per share is definitely in a "premium" zone. If you’re a long-term holder, you’re probably just enjoying the monthly deposits. If you're looking to start a position, keep an eye on the $60 support level.
- Check the RSI: If it stays above 70, expect a minor pullback or some sideways trading.
- Monitor Interest Rates: REITs are sensitive. If the Fed hints at higher-for-longer, "O" usually takes a breather.
- Dividend Reinvestment: If you're in it for the long haul, make sure you have DRIP (Dividend Reinvestment Plan) turned on to take advantage of the compounding.
The next ex-dividend date is scheduled for January 30, 2026. If you want that February payout of $0.27, you’ll need to own the shares before then. It’s not a get-rich-quick scheme, but it’s one of the most reliable ways to build a "mailbox money" portfolio.
Actionable Insights:
Check your portfolio's exposure to the real estate sector. If you already own a lot of retail-focused stocks, Realty Income might be redundant. However, if you're looking for a defensive play during market volatility, keep an eye on the $58–$60 price range for potential entry points if the current rally cools off.