Intrinsic value of Realty Income - O

Previous Close

$57.61

  Intrinsic Value

$6.73

stock screener

  Rating & Target

str. sell

-88%

  Value-price divergence*

+28%

Previous close

$57.61

 
Intrinsic value

$6.73

 
Up/down potential

-88%

 
Rating

str. sell

 
Value-price divergence*

+28%

Our model is not good at valuating stocks of financial companies, such as O.

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of O stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 14.5

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  7.82
  11.60
  10.94
  10.35
  9.81
  9.33
  8.90
  8.51
  8.16
  7.84
  7.56
  7.30
  7.07
  6.86
  6.68
  6.51
  6.36
  6.22
  6.10
  5.99
  5.89
  5.80
  5.72
  5.65
  5.58
  5.53
  5.47
  5.43
  5.38
  5.35
  5.31
Revenue, $m
  1,103
  1,231
  1,366
  1,507
  1,655
  1,809
  1,970
  2,138
  2,312
  2,493
  2,682
  2,878
  3,081
  3,293
  3,512
  3,741
  3,979
  4,227
  4,484
  4,753
  5,033
  5,325
  5,630
  5,948
  6,280
  6,627
  6,990
  7,369
  7,766
  8,181
  8,616
Variable operating expenses, $m
 
  722
  801
  884
  971
  1,061
  1,155
  1,253
  1,356
  1,462
  1,572
  1,685
  1,804
  1,928
  2,057
  2,191
  2,330
  2,475
  2,626
  2,784
  2,948
  3,119
  3,297
  3,483
  3,678
  3,881
  4,094
  4,316
  4,548
  4,791
  5,046
Fixed operating expenses, $m
 
  165
  169
  173
  178
  182
  187
  191
  196
  201
  206
  211
  217
  222
  227
  233
  239
  245
  251
  257
  264
  270
  277
  284
  291
  298
  306
  314
  321
  329
  338
Total operating expenses, $m
  805
  887
  970
  1,057
  1,149
  1,243
  1,342
  1,444
  1,552
  1,663
  1,778
  1,896
  2,021
  2,150
  2,284
  2,424
  2,569
  2,720
  2,877
  3,041
  3,212
  3,389
  3,574
  3,767
  3,969
  4,179
  4,400
  4,630
  4,869
  5,120
  5,384
Operating income, $m
  298
  344
  395
  450
  506
  566
  628
  693
  760
  831
  904
  981
  1,060
  1,142
  1,228
  1,317
  1,410
  1,506
  1,607
  1,712
  1,822
  1,936
  2,056
  2,180
  2,311
  2,448
  2,590
  2,740
  2,896
  3,060
  3,232
EBITDA, $m
  748
  846
  953
  1,064
  1,181
  1,304
  1,431
  1,564
  1,703
  1,847
  1,997
  2,152
  2,314
  2,482
  2,658
  2,840
  3,029
  3,227
  3,432
  3,647
  3,870
  4,103
  4,347
  4,601
  4,867
  5,145
  5,435
  5,739
  6,057
  6,390
  6,739
Interest expense (income), $m
  214
  234
  263
  294
  327
  361
  397
  434
  473
  513
  555
  599
  644
  691
  740
  791
  844
  899
  957
  1,016
  1,078
  1,143
  1,211
  1,281
  1,355
  1,432
  1,512
  1,596
  1,684
  1,776
  1,872
Earnings before tax, $m
  320
  110
  132
  155
  179
  205
  231
  259
  287
  317
  348
  382
  416
  451
  488
  526
  566
  607
  651
  696
  743
  793
  845
  899
  956
  1,016
  1,078
  1,144
  1,213
  1,285
  1,361
Tax expense, $m
  4
  30
  36
  42
  48
  55
  62
  70
  78
  86
  94
  103
  112
  122
  132
  142
  153
  164
  176
  188
  201
  214
  228
  243
  258
  274
  291
  309
  327
  347
  367
Net income, $m
  316
  80
  96
  113
  131
  149
  169
  189
  210
  232
  254
  279
  304
  329
  356
  384
  413
  443
  475
  508
  543
  579
  617
  656
  698
  742
  787
  835
  885
  938
  993

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  9
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  13,153
  14,654
  16,257
  17,939
  19,699
  21,537
  23,454
  25,449
  27,525
  29,683
  31,926
  34,257
  36,680
  39,197
  41,815
  44,537
  47,369
  50,317
  53,386
  56,584
  59,918
  63,395
  67,022
  70,809
  74,764
  78,895
  83,214
  87,730
  92,453
  97,395
  102,567
Adjusted assets (=assets-cash), $m
  13,144
  14,654
  16,257
  17,939
  19,699
  21,537
  23,454
  25,449
  27,525
  29,683
  31,926
  34,257
  36,680
  39,197
  41,815
  44,537
  47,369
  50,317
  53,386
  56,584
  59,918
  63,395
  67,022
  70,809
  74,764
  78,895
  83,214
  87,730
  92,453
  97,395
  102,567
Revenue / Adjusted assets
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
  0.084
Average production assets, $m
  12,301
  13,728
  15,229
  16,805
  18,454
  20,176
  21,971
  23,840
  25,784
  27,806
  29,907
  32,091
  34,360
  36,719
  39,171
  41,721
  44,374
  47,135
  50,010
  53,006
  56,129
  59,386
  62,784
  66,332
  70,036
  73,907
  77,952
  82,182
  86,607
  91,236
  96,082
Working capital, $m
  0
  -10
  -11
  -12
  -13
  -14
  -16
  -17
  -18
  -20
  -21
  -23
  -25
  -26
  -28
  -30
  -32
  -34
  -36
  -38
  -40
  -43
  -45
  -48
  -50
  -53
  -56
  -59
  -62
  -65
  -69
Total debt, $m
  5,845
  6,581
  7,360
  8,177
  9,033
  9,926
  10,857
  11,827
  12,836
  13,885
  14,975
  16,108
  17,285
  18,509
  19,781
  21,104
  22,480
  23,913
  25,405
  26,959
  28,579
  30,269
  32,032
  33,872
  35,794
  37,802
  39,901
  42,096
  44,391
  46,793
  49,307
Total liabilities, $m
  6,386
  7,122
  7,901
  8,718
  9,574
  10,467
  11,398
  12,368
  13,377
  14,426
  15,516
  16,649
  17,826
  19,050
  20,322
  21,645
  23,021
  24,454
  25,946
  27,500
  29,120
  30,810
  32,573
  34,413
  36,335
  38,343
  40,442
  42,637
  44,932
  47,334
  49,848
Total equity, $m
  6,767
  7,532
  8,356
  9,221
  10,125
  11,070
  12,055
  13,081
  14,148
  15,257
  16,410
  17,608
  18,853
  20,147
  21,493
  22,892
  24,348
  25,863
  27,440
  29,084
  30,798
  32,585
  34,449
  36,396
  38,429
  40,552
  42,772
  45,093
  47,521
  50,061
  52,720
Total liabilities and equity, $m
  13,153
  14,654
  16,257
  17,939
  19,699
  21,537
  23,453
  25,449
  27,525
  29,683
  31,926
  34,257
  36,679
  39,197
  41,815
  44,537
  47,369
  50,317
  53,386
  56,584
  59,918
  63,395
  67,022
  70,809
  74,764
  78,895
  83,214
  87,730
  92,453
  97,395
  102,568
Debt-to-equity ratio
  0.864
  0.870
  0.880
  0.890
  0.890
  0.900
  0.900
  0.900
  0.910
  0.910
  0.910
  0.910
  0.920
  0.920
  0.920
  0.920
  0.920
  0.920
  0.930
  0.930
  0.930
  0.930
  0.930
  0.930
  0.930
  0.930
  0.930
  0.930
  0.930
  0.930
  0.940
Adjusted equity ratio
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514
  0.514

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  316
  80
  96
  113
  131
  149
  169
  189
  210
  232
  254
  279
  304
  329
  356
  384
  413
  443
  475
  508
  543
  579
  617
  656
  698
  742
  787
  835
  885
  938
  993
Depreciation, amort., depletion, $m
  450
  503
  557
  615
  675
  738
  803
  872
  943
  1,016
  1,093
  1,171
  1,254
  1,340
  1,430
  1,523
  1,619
  1,720
  1,825
  1,935
  2,049
  2,167
  2,291
  2,421
  2,556
  2,697
  2,845
  2,999
  3,161
  3,330
  3,507
Funds from operations, $m
  837
  583
  654
  728
  806
  887
  972
  1,060
  1,152
  1,248
  1,347
  1,450
  1,558
  1,669
  1,786
  1,906
  2,032
  2,163
  2,300
  2,443
  2,591
  2,746
  2,908
  3,077
  3,254
  3,439
  3,632
  3,834
  4,046
  4,268
  4,500
Change in working capital, $m
  33
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -3
  -3
  -3
  -3
  -3
  -3
  -3
  -3
Cash from operations, $m
  804
  584
  655
  729
  807
  888
  973
  1,062
  1,154
  1,249
  1,349
  1,452
  1,559
  1,671
  1,787
  1,908
  2,034
  2,165
  2,302
  2,445
  2,593
  2,749
  2,911
  3,080
  3,257
  3,442
  3,635
  3,837
  4,049
  4,271
  4,503
Maintenance CAPEX, $m
  0
  -449
  -501
  -556
  -613
  -673
  -736
  -802
  -870
  -941
  -1,015
  -1,092
  -1,171
  -1,254
  -1,340
  -1,430
  -1,523
  -1,619
  -1,720
  -1,825
  -1,935
  -2,049
  -2,167
  -2,291
  -2,421
  -2,556
  -2,697
  -2,845
  -2,999
  -3,161
  -3,330
New CAPEX, $m
  -1,812
  -1,427
  -1,502
  -1,576
  -1,649
  -1,722
  -1,795
  -1,869
  -1,945
  -2,022
  -2,101
  -2,184
  -2,269
  -2,358
  -2,452
  -2,550
  -2,653
  -2,761
  -2,876
  -2,996
  -3,123
  -3,257
  -3,398
  -3,547
  -3,705
  -3,871
  -4,046
  -4,230
  -4,425
  -4,629
  -4,845
Cash from investing activities, $m
  -1,701
  -1,876
  -2,003
  -2,132
  -2,262
  -2,395
  -2,531
  -2,671
  -2,815
  -2,963
  -3,116
  -3,276
  -3,440
  -3,612
  -3,792
  -3,980
  -4,176
  -4,380
  -4,596
  -4,821
  -5,058
  -5,306
  -5,565
  -5,838
  -6,126
  -6,427
  -6,743
  -7,075
  -7,424
  -7,790
  -8,175
Free cash flow, $m
  -897
  -1,292
  -1,348
  -1,402
  -1,455
  -1,507
  -1,558
  -1,609
  -1,661
  -1,714
  -1,767
  -1,823
  -1,881
  -1,942
  -2,005
  -2,071
  -2,141
  -2,215
  -2,294
  -2,376
  -2,464
  -2,557
  -2,655
  -2,759
  -2,869
  -2,985
  -3,108
  -3,238
  -3,375
  -3,519
  -3,672
Issuance/(repayment) of debt, $m
  977
  736
  779
  817
  855
  893
  931
  970
  1,009
  1,049
  1,090
  1,133
  1,177
  1,224
  1,272
  1,323
  1,376
  1,433
  1,492
  1,554
  1,620
  1,690
  1,763
  1,840
  1,922
  2,008
  2,099
  2,195
  2,295
  2,402
  2,514
Issuance/(repurchase) of shares, $m
  375
  694
  728
  751
  774
  795
  816
  837
  857
  878
  899
  919
  942
  965
  989
  1,015
  1,043
  1,072
  1,103
  1,136
  1,171
  1,208
  1,248
  1,290
  1,335
  1,382
  1,433
  1,486
  1,542
  1,602
  1,665
Cash from financing (excl. dividends), $m  
  1,504
  1,430
  1,507
  1,568
  1,629
  1,688
  1,747
  1,807
  1,866
  1,927
  1,989
  2,052
  2,119
  2,189
  2,261
  2,338
  2,419
  2,505
  2,595
  2,690
  2,791
  2,898
  3,011
  3,130
  3,257
  3,390
  3,532
  3,681
  3,837
  4,004
  4,179
Total cash flow (excl. dividends), $m
  607
  138
  159
  166
  174
  182
  189
  197
  205
  213
  222
  229
  238
  247
  257
  267
  278
  289
  301
  314
  327
  341
  356
  371
  388
  405
  424
  443
  463
  485
  507
Retained Cash Flow (-), $m
  -235
  -774
  -824
  -865
  -905
  -945
  -985
  -1,026
  -1,067
  -1,109
  -1,153
  -1,198
  -1,245
  -1,294
  -1,345
  -1,399
  -1,456
  -1,515
  -1,578
  -1,644
  -1,714
  -1,787
  -1,865
  -1,946
  -2,033
  -2,124
  -2,220
  -2,321
  -2,428
  -2,540
  -2,659
Prev. year cash balance distribution, $m
 
  9
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  -627
  -665
  -698
  -731
  -763
  -795
  -828
  -862
  -896
  -931
  -969
  -1,007
  -1,047
  -1,089
  -1,132
  -1,178
  -1,226
  -1,277
  -1,330
  -1,387
  -1,446
  -1,509
  -1,575
  -1,645
  -1,718
  -1,796
  -1,878
  -1,964
  -2,055
  -2,151
Discount rate, %
 
  8.20
  8.61
  9.04
  9.49
  9.97
  10.47
  10.99
  11.54
  12.12
  12.72
  13.36
  14.02
  14.73
  15.46
  16.24
  17.05
  17.90
  18.79
  19.73
  20.72
  21.76
  22.84
  23.99
  25.19
  26.45
  27.77
  29.16
  30.61
  32.15
  33.75
PV of cash for distribution, $m
 
  -580
  -564
  -538
  -508
  -474
  -438
  -399
  -360
  -320
  -281
  -244
  -209
  -176
  -145
  -119
  -95
  -75
  -58
  -43
  -32
  -23
  -16
  -11
  -7
  -5
  -3
  -2
  -1
  -1
  0
Current shareholders' claim on cash, %
  100
  95.4
  91.3
  87.6
  84.3
  81.3
  78.6
  76.1
  73.9
  71.8
  69.8
  68.1
  66.4
  64.8
  63.4
  62.0
  60.7
  59.5
  58.3
  57.2
  56.2
  55.2
  54.2
  53.2
  52.3
  51.5
  50.6
  49.8
  49.0
  48.3
  47.5

Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California.

FINANCIAL RATIOS  of  Realty Income (O)

Valuation Ratios
P/E Ratio 47.4
Price to Sales 13.6
Price to Book 2.2
Price to Tangible Book
Price to Cash Flow 18.6
Price to Free Cash Flow -14.9
Growth Rates
Sales Growth Rate 7.8%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 41.8%
Cap. Spend. - 3 Yr. Gr. Rate 4.7%
Financial Strength
Quick Ratio NaN
Current Ratio NaN
LT Debt to Equity 86.4%
Total Debt to Equity 86.4%
Interest Coverage 2
Management Effectiveness
Return On Assets 4.2%
Ret/ On Assets - 3 Yr. Avg. 4.4%
Return On Total Capital 2.6%
Ret/ On T. Cap. - 3 Yr. Avg. 2.6%
Return On Equity 4.8%
Return On Equity - 3 Yr. Avg. 4.8%
Asset Turnover 0.1
Profitability Ratios
Gross Margin 94.3%
Gross Margin - 3 Yr. Avg. 94.4%
EBITDA Margin 89.2%
EBITDA Margin - 3 Yr. Avg. 90.5%
Operating Margin 27%
Oper. Margin - 3 Yr. Avg. 26%
Pre-Tax Margin 29%
Pre-Tax Margin - 3 Yr. Avg. 28.8%
Net Profit Margin 28.6%
Net Profit Margin - 3 Yr. Avg. 28.5%
Effective Tax Rate 1.3%
Eff/ Tax Rate - 3 Yr. Avg. 1.3%
Payout Ratio 201.9%

O stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the O stock intrinsic value calculation we used $1103 million for the last fiscal year's total revenue generated by Realty Income. The default revenue input number comes from 2016 income statement of Realty Income. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our O stock valuation model: a) initial revenue growth rate of 11.6% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 8.2%, whose default value for O is calculated based on our internal credit rating of Realty Income, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Realty Income.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of O stock the variable cost ratio is equal to 58.7%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $161 million in the base year in the intrinsic value calculation for O stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 4% for Realty Income.

Corporate tax rate of 27% is the nominal tax rate for Realty Income. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the O stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for O are equal to 1115.2%.

Life of production assets of 27.4 years is the average useful life of capital assets used in Realty Income operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for O is equal to -0.8%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $6767 million for Realty Income - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 250.99 million for Realty Income is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Realty Income at the current share price and the inputted number of shares is $14.5 billion.

RELATED COMPANIES Price Int.Val. Rating
NNN National Retai 41.11 6.77  str.sell
SKT Tanger Factory 24.48 2.73  str.sell
WRE Washington Rea 33.37 3.58  str.sell
DLTR Dollar Tree 74.44 74.65  hold
RGC Regal Entertai 16.57 2.70  str.sell
CVS CVS Health 79.25 157.68  str.buy
WMT Wal-Mart Store 80.98 72.08  hold
SFS Smart&Final St 7.25 14.83  str.buy
RAD Rite Aid 2.28 3.50  str.buy
DG Dollar General 74.50 103.58  buy

COMPANY NEWS

▶ Why You Should DRIP Your Dividends   [Aug-05-17 09:33AM  Motley Fool]
▶ The Best Way to Invest in Real Estate   [Aug-03-17 10:37AM  Motley Fool]
▶ Realty Income Corp (O) Stock Isnt Convincing   [Aug-02-17 01:19PM  InvestorPlace]
▶ 2 REITs Warren Buffet Should Buy Next   [08:17AM  Motley Fool]
▶ How American Tower Rewarded Stockholders in 2Q17   [Aug-01-17 10:38AM  Market Realist]
▶ Combining My Two Passions: Nothin' But Net   [Jul-31-17 07:00AM  Forbes]
▶ A Primer on How to Invest in REITs   [Jul-29-17 10:01AM  Motley Fool]
▶ Ask a Fool: Are There Any Stocks Still Undervalued Now?   [Jul-28-17 02:45PM  Motley Fool]
▶ Realty Income Earnings: A Fantastic Second Quarter   [Jul-27-17 11:33AM  Motley Fool]
▶ Realty Income Corp. reports 2Q results   [Jul-26-17 10:16PM  Associated Press]
▶ ETFs with exposure to Realty Income Corp. : July 24, 2017   [Jul-24-17 05:44PM  Capital Cube]
▶ American Tower: A Peer Comparison   [07:39AM  Market Realist]
▶ 3 Reasons Realty Income Stock Could Fall   [Jul-20-17 07:47AM  Motley Fool]
▶ Why Realty Income Corp (O) Stock Is the REAL Deal   [Jul-18-17 11:26AM  InvestorPlace]
▶ ETFs with exposure to Realty Income Corp. : July 14, 2017   [Jul-14-17 03:58PM  Capital Cube]
▶ Top 5 Monthly Dividend Stocks as of July 2017   [Jul-12-17 04:38PM  Investopedia]
▶ 7 Things You Didn't Know About Realty Income Corporation   [Jul-10-17 07:26AM  Motley Fool]
▶ 3 Stocks to Add to Your Social Security Income   [Jul-07-17 02:02PM  Motley Fool]
▶ 3 Stocks That Pay You Each Month   [Jul-05-17 08:42AM  Motley Fool]
▶ Realty Income Corporation in 5 Charts   [Jul-03-17 08:43AM  Motley Fool]
▶ 3 Reasons Realty Income Stock Could Rise   [Jun-26-17 12:04PM  Motley Fool]
▶ Retire Rich Like Rockefeller   [Jun-21-17 07:00AM  Forbes]
▶ 6 Dividend Stocks Increasing Payouts O TGT UTX CAT WPC NFG   [Jun-19-17 11:31AM  InvestorPlace]
▶ How Telecom Industry Ownership Could Affect American Tower   [Jun-13-17 10:35AM  Market Realist]
▶ Lululemon and Realty Income rise while RH and Tegna tumble   [Jun-02-17 04:46PM  Associated Press]
▶ 3 Stocks That Pay You Each Month   [Jun-01-17 09:21AM  Motley Fool]
▶ 3 Stocks That Cut You a Check Each Month   [May-28-17 10:48AM  Motley Fool]
▶ The 3 Best Real Estate Stocks to Buy in 2017   [May-26-17 01:33PM  Motley Fool]
▶ 5 Top Retail REIT Stocks to Buy in 2017   [May-19-17 03:53PM  Motley Fool]
▶ 4 Stocks I'll Hold Forever   [02:23PM  Motley Fool]
▶ 5 Top Dividend Stocks in Real Estate   [May-07-17 08:03AM  Motley Fool]
▶ 2 Stocks to Help You Build Retirement Wealth   [Apr-28-17 04:26PM  Motley Fool]
▶ Realty Income Corp. reports 1Q results   [Apr-25-17 04:32PM  Associated Press]
▶ Fat Paychecks From Five Monthly Dividend Stocks   [Apr-10-17 01:31PM  Forbes]
▶ Squirreling Away REIT Dividends   [07:00AM  Forbes]
▶ These 3 Stocks Just Raised Their Dividends   [Apr-09-17 12:20PM  Motley Fool]
▶ 3 Great Reasons to Buy Realty Income Stock   [Apr-07-17 11:22AM  Motley Fool]
▶ My 3 Biggest Stock Holdings   [Apr-04-17 08:27AM  Motley Fool]
▶ In Your 70s? 3 Stocks You Might Want to Buy   [Mar-27-17 11:23AM  Motley Fool]
▶ In Your 70s? 3 Stocks You Might Want to Buy   [11:23AM  at Motley Fool]
▶ Two REITs Delivering High Growing Income For Retirees   [Mar-20-17 08:05PM  Insider Monkey]
Stock chart of O Financial statements of O
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.