O
Realty Income Corporation57.44
-0.64-1.1%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
52.84BP/E (TTM)
53.68Basic EPS (TTM)
1.07Dividend Yield
0.06%Recent Filings
8-K
Secures $800M CityCenter stake
Realty Income struck a definitive deal with Blackstone Real Estate for an $800 million perpetual preferred equity stake in CityCenter's Las Vegas real estate, including ARIA Resort & Casino and Vdara Hotel & Spa, expected to close December 9, 2025. The investment offers a 7.4% unlevered initial return with escalators and redemption protections. It's immediately accretive. Realty Income raised 2025 investment guidance to over $6.0 billion from $5.5 billion.
8-K
£900M Sterling term loan closed
Realty Income closed a £900 million Sterling term loan maturing January 18, 2028, with a one-time 12-month extension option and up to $1,350 million accordion. It refinances Sterling borrowings on its revolver, pre-funding the January 2026 multi-currency term loan at SONIA plus 0.800%, later swapped to a fixed 4.3%. Lenders gain flexible capacity; Realty bolsters liquidity.
8-K
Hourihan joins Realty Income board
Realty Income appointed Kim Hourihan to its board on October 14, 2025, expanding the director count to eleven and adding her to the Compensation and Talent Committee. With over 30 years in real estate investment, including roles at Invesco and CBRE managing billions in assets, she brings global expertise to guide capital diversification. Hourihan receives $200,000 in initial restricted stock and $115,000 annual cash retainers. Her addition strengthens strategic oversight amid market volatility.
8-K
Closes $800M notes offering
Realty Income Corporation closed its $800 million notes offering on October 6, 2025, issuing $400 million of 3.950% notes due 2029 and $400 million of 4.500% notes due 2033 under a September 25 purchase agreement with lead underwriters including Wells Fargo Securities. This bolsters the REIT's liquidity for property investments amid steady market conditions. No use of proceeds disclosed. Debt matures in phases.
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