Professional
Added to YB: 2024-05-29
Pitch date: 2024-04-12
O [bullish]
Realty Income Corporation
+21.81%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Realty Income Corporation, an S&P 500 company, is real estate partner to the world's leading companies.
Market Cap
$51.1B
Pitch Price
$45.61
Price Target
N/A
Dividend
6.01%
EV/EBITDA
15.72
P/E
39.56
EV/Sales
13.88
Sector
Retail REITs
Category
dividend
Show full summary:
Parnassus Core Equity Fund New Position: Realty Income Corporation
O: Realty Income added at attractive valuation post repricing in higher rate environment. Resilient in pandemic, offers strong dividend yield & lower rate defense. Desirable entry point with REITs hit by rising rates. Self-funded development levels, but compelling LT growth prospects.
Read full article (1 min)