Intrinsic value of Realty Income - O

Previous Close

$55.49

  Intrinsic Value

$290.96

stock screener

  Rating & Target

str. buy

+424%

Previous close

$55.49

 
Intrinsic value

$290.96

 
Up/down potential

+424%

 
Rating

str. buy

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

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 2017), $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 15.1

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   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
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  10.20
  9.68
  9.21
  8.79
  8.41
  8.07
  7.76
  7.49
  7.24
  7.01
  6.81
  6.63
  6.47
  6.32
  6.19
  6.07
  5.96
  5.87
  5.78
  5.70
  5.63
  5.57
  5.51
  5.46
  5.41
  5.37
  5.34
  5.30
  5.27
  5.24
Revenue, $m
  1,340
  1,470
  1,605
  1,746
  1,893
  2,046
  2,205
  2,370
  2,541
  2,720
  2,905
  3,098
  3,298
  3,506
  3,723
  3,950
  4,185
  4,431
  4,687
  4,954
  5,233
  5,524
  5,829
  6,147
  6,480
  6,828
  7,193
  7,574
  7,973
  8,391
Variable operating expenses, $m
  440
  481
  524
  569
  615
  664
  714
  766
  820
  876
  918
  979
  1,042
  1,108
  1,177
  1,248
  1,323
  1,400
  1,481
  1,566
  1,654
  1,746
  1,842
  1,943
  2,048
  2,158
  2,273
  2,394
  2,520
  2,652
Fixed operating expenses, $m
  208
  213
  218
  223
  227
  232
  238
  243
  248
  254
  259
  265
  271
  277
  283
  289
  295
  302
  308
  315
  322
  329
  337
  344
  351
  359
  367
  375
  383
  392
Total operating expenses, $m
  648
  694
  742
  792
  842
  896
  952
  1,009
  1,068
  1,130
  1,177
  1,244
  1,313
  1,385
  1,460
  1,537
  1,618
  1,702
  1,789
  1,881
  1,976
  2,075
  2,179
  2,287
  2,399
  2,517
  2,640
  2,769
  2,903
  3,044
Operating income, $m
  691
  775
  863
  955
  1,050
  1,150
  1,253
  1,361
  1,473
  1,590
  1,728
  1,854
  1,985
  2,122
  2,264
  2,412
  2,567
  2,729
  2,897
  3,073
  3,257
  3,449
  3,650
  3,861
  4,081
  4,311
  4,552
  4,805
  5,070
  5,348
EBITDA, $m
  2,227
  2,458
  2,699
  2,951
  3,213
  3,486
  3,769
  4,064
  4,370
  4,689
  5,020
  5,364
  5,723
  6,096
  6,484
  6,888
  7,310
  7,750
  8,209
  8,687
  9,188
  9,710
  10,256
  10,827
  11,425
  12,050
  12,704
  13,389
  14,106
  14,858
Interest expense (income), $m
  214
  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
Earnings before tax, $m
  691
  775
  863
  955
  1,050
  1,150
  1,253
  1,361
  1,473
  1,590
  1,728
  1,854
  1,985
  2,122
  2,264
  2,412
  2,567
  2,729
  2,897
  3,073
  3,257
  3,449
  3,650
  3,861
  4,081
  4,311
  4,552
  4,805
  5,070
  5,348
Tax expense, $m
  187
  209
  233
  258
  284
  310
  338
  368
  398
  429
  466
  501
  536
  573
  611
  651
  693
  737
  782
  830
  879
  931
  986
  1,042
  1,102
  1,164
  1,229
  1,297
  1,369
  1,444
Net income, $m
  504
  566
  630
  697
  767
  839
  915
  994
  1,075
  1,160
  1,261
  1,353
  1,449
  1,549
  1,653
  1,761
  1,874
  1,992
  2,115
  2,243
  2,378
  2,518
  2,665
  2,818
  2,979
  3,147
  3,323
  3,508
  3,701
  3,904

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $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
Total assets, $m
  -2,482
  -2,722
  -2,972
  -3,234
  -3,506
  -3,789
  -4,083
  -4,389
  -4,706
  -5,036
  -5,379
  -5,736
  -6,107
  -6,493
  -6,895
  -7,314
  -7,750
  -8,205
  -8,679
  -9,174
  -9,691
  -10,230
  -10,794
  -11,384
  -12,000
  -12,645
  -13,320
  -14,026
  -14,765
  -15,540
Adjusted assets (=assets-cash), $m
  -2,482
  -2,722
  -2,972
  -3,234
  -3,506
  -3,789
  -4,083
  -4,389
  -4,706
  -5,036
  -5,379
  -5,736
  -6,107
  -6,493
  -6,895
  -7,314
  -7,750
  -8,205
  -8,679
  -9,174
  -9,691
  -10,230
  -10,794
  -11,384
  -12,000
  -12,645
  -13,320
  -14,026
  -14,765
  -15,540
Revenue / Adjusted assets
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
  -0.540
Average production assets, $m
  15,187
  16,657
  18,191
  19,790
  21,455
  23,186
  24,986
  26,857
  28,801
  30,822
  32,922
  35,105
  37,376
  39,738
  42,198
  44,760
  47,429
  50,212
  53,114
  56,143
  59,305
  62,608
  66,059
  69,666
  73,439
  77,385
  81,514
  85,836
  90,361
  95,101
Working capital, $m
  -6,015
  -6,598
  -7,205
  -7,839
  -8,498
  -9,184
  -9,897
  -10,638
  -11,408
  -12,208
  -13,040
  -13,905
  -14,804
  -15,740
  -16,715
  -17,729
  -18,787
  -19,889
  -21,039
  -22,238
  -23,491
  -24,799
  -26,166
  -27,595
  -29,089
  -30,652
  -32,288
  -34,000
  -35,792
  -37,669
Total debt, $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
Total liabilities, $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
Total equity, $m
  -2,482
  -2,722
  -2,972
  -3,234
  -3,506
  -3,789
  -4,083
  -4,389
  -4,706
  -5,036
  -5,379
  -5,736
  -6,107
  -6,493
  -6,895
  -7,314
  -7,750
  -8,205
  -8,679
  -9,174
  -9,691
  -10,230
  -10,794
  -11,384
  -12,000
  -12,645
  -13,320
  -14,026
  -14,765
  -15,540
Total liabilities and equity, $m
  -2,482
  -2,722
  -2,972
  -3,234
  -3,506
  -3,789
  -4,083
  -4,389
  -4,706
  -5,036
  -5,379
  -5,736
  -6,107
  -6,493
  -6,895
  -7,314
  -7,750
  -8,205
  -8,679
  -9,174
  -9,691
  -10,230
  -10,794
  -11,384
  -12,000
  -12,645
  -13,320
  -14,026
  -14,765
  -15,540
Debt-to-equity ratio
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
Adjusted equity ratio
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000
  1.000

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  504
  566
  630
  697
  767
  839
  915
  994
  1,075
  1,160
  1,261
  1,353
  1,449
  1,549
  1,653
  1,761
  1,874
  1,992
  2,115
  2,243
  2,378
  2,518
  2,665
  2,818
  2,979
  3,147
  3,323
  3,508
  3,701
  3,904
Depreciation, amort., depletion, $m
  1,536
  1,683
  1,836
  1,996
  2,162
  2,336
  2,516
  2,703
  2,897
  3,099
  3,292
  3,510
  3,738
  3,974
  4,220
  4,476
  4,743
  5,021
  5,311
  5,614
  5,931
  6,261
  6,606
  6,967
  7,344
  7,738
  8,151
  8,584
  9,036
  9,510
Funds from operations, $m
  2,040
  2,249
  2,466
  2,693
  2,929
  3,175
  3,431
  3,696
  3,973
  4,260
  4,553
  4,864
  5,187
  5,523
  5,873
  6,237
  6,617
  7,013
  7,426
  7,858
  8,308
  8,779
  9,271
  9,785
  10,323
  10,886
  11,475
  12,091
  12,737
  13,414
Change in working capital, $m
  -557
  -582
  -608
  -633
  -659
  -686
  -713
  -741
  -770
  -800
  -832
  -865
  -899
  -936
  -974
  -1,015
  -1,057
  -1,102
  -1,150
  -1,200
  -1,253
  -1,308
  -1,367
  -1,429
  -1,494
  -1,563
  -1,636
  -1,712
  -1,793
  -1,877
Cash from operations, $m
  2,597
  2,831
  3,074
  3,326
  3,589
  3,861
  4,144
  4,437
  4,743
  5,060
  5,385
  5,729
  6,086
  6,459
  6,847
  7,252
  7,674
  8,115
  8,576
  9,057
  9,561
  10,087
  10,638
  11,214
  11,817
  12,449
  13,110
  13,803
  14,530
  15,291
Maintenance CAPEX, $m
  -1,378
  -1,519
  -1,666
  -1,819
  -1,979
  -2,145
  -2,319
  -2,499
  -2,686
  -2,880
  -3,082
  -3,292
  -3,510
  -3,738
  -3,974
  -4,220
  -4,476
  -4,743
  -5,021
  -5,311
  -5,614
  -5,931
  -6,261
  -6,606
  -6,967
  -7,344
  -7,738
  -8,151
  -8,584
  -9,036
New CAPEX, $m
  -1,408
  -1,470
  -1,534
  -1,599
  -1,665
  -1,732
  -1,800
  -1,871
  -1,944
  -2,020
  -2,100
  -2,183
  -2,271
  -2,363
  -2,460
  -2,562
  -2,669
  -2,783
  -2,902
  -3,029
  -3,162
  -3,303
  -3,451
  -3,607
  -3,772
  -3,946
  -4,129
  -4,322
  -4,525
  -4,739
Cash from investing activities, $m
  -2,786
  -2,989
  -3,200
  -3,418
  -3,644
  -3,877
  -4,119
  -4,370
  -4,630
  -4,900
  -5,182
  -5,475
  -5,781
  -6,101
  -6,434
  -6,782
  -7,145
  -7,526
  -7,923
  -8,340
  -8,776
  -9,234
  -9,712
  -10,213
  -10,739
  -11,290
  -11,867
  -12,473
  -13,109
  -13,775
Free cash flow, $m
  -189
  -158
  -126
  -92
  -55
  -16
  25
  68
  113
  159
  203
  253
  305
  358
  413
  470
  529
  590
  652
  717
  784
  854
  926
  1,001
  1,078
  1,159
  1,243
  1,330
  1,421
  1,516
Issuance/(repayment) of debt, $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
Issuance/(repurchase) of shares, $m
  -229
  -240
  -251
  -261
  -272
  -283
  -294
  -306
  -318
  -330
  -343
  -357
  -371
  -386
  -402
  -419
  -436
  -455
  -474
  -495
  -517
  -540
  -564
  -589
  -616
  -645
  -675
  -706
  -739
  -774
Cash from financing (excl. dividends), $m  
  -229
  -240
  -251
  -261
  -272
  -283
  -294
  -306
  -318
  -330
  -343
  -357
  -371
  -386
  -402
  -419
  -436
  -455
  -474
  -495
  -517
  -540
  -564
  -589
  -616
  -645
  -675
  -706
  -739
  -774
Total cash flow (excl. dividends), $m
  -418
  -398
  -377
  -353
  -327
  -299
  -269
  -238
  -205
  -171
  -140
  -104
  -66
  -28
  11
  52
  93
  135
  178
  222
  268
  314
  362
  411
  462
  514
  568
  624
  681
  741
Retained Cash Flow (-), $m
  229
  240
  251
  261
  272
  283
  294
  306
  318
  330
  343
  357
  371
  386
  402
  419
  436
  455
  474
  495
  517
  540
  564
  589
  616
  645
  675
  706
  739
  774
Prev. year cash balance distribution, $m
  2,253
  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
  13
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  39
  41
  43
  46
  49
  52
  54
  58
  61
  64
  68
  71
  75
  79
  83
  88
Cash available for distribution, $m
  2,064
  240
  251
  261
  272
  283
  294
  306
  318
  330
  343
  357
  371
  386
  413
  470
  529
  590
  652
  717
  784
  854
  926
  1,001
  1,078
  1,159
  1,243
  1,330
  1,421
  1,516
Discount rate, %
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
  0.00
PV of cash for distribution, $m
  2,064
  240
  251
  261
  272
  283
  294
  306
  318
  330
  343
  357
  371
  386
  413
  470
  529
  590
  652
  717
  784
  854
  926
  1,001
  1,078
  1,159
  1,243
  1,330
  1,421
  1,516
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Realty Income Corporation is a real estate investment trust (REIT). The Company is engaged in in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology and capital markets capabilities. As of December 31, 2016, the Company owned a diversified portfolio of 4,944 properties located in 49 states and Puerto Rico, with over 83.0 million square feet of leasable space leased to 248 different commercial tenants doing business in 47 separate industries. As of December 31, 2016, of the 4,944 properties in the portfolio, 4,920, or 99.5%, were single-tenant properties, and the remaining were multi-tenant properties. As of December 31, 2016, of the 4,920 single-tenant properties, 4,836 were leased with a weighted average remaining lease term (excluding rights to extend a lease at the option of the tenant) of approximately 9.8 years.

FINANCIAL RATIOS  of  Realty Income (O)

Valuation Ratios
P/E Ratio 45.7
Price to Sales 13.1
Price to Book 2.1
Price to Tangible Book
Price to Cash Flow 18
Price to Free Cash Flow -14.3
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 $1216 million for the last fiscal year's total revenue generated by Realty Income. The default revenue input number comes from 2017 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 10.2% 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 0%, 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 33%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $204 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 5.4% 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 1.1%.

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 1133.3%.

Life of production assets of 10 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 -448.9%. 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 - $0 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 273 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 $15.1 billion.

RELATED COMPANIES Price Int.Val. Rating
NNN National Retai 44.52 204.35  str.buy
SKT Tanger Factory 23.66 12.37  sell
WRE Washington Rea 30.13 53.31  str.buy
DLTR Dollar Tree 86.44 105.41  hold
CVS CVS Health 65.26 120.89  str.buy
WMT Walmart 88.06 68.29  sell
SFS Smart&Final St 5.55 8.71  str.buy
RAD Rite Aid 1.82 6.65  str.buy
DG Dollar General 98.17 98.06  hold

COMPANY NEWS

▶ 2 Stocks That Pay You Each Month   [Jul-19-18 08:51AM  Motley Fool]
▶ 2 Top Stocks for Retirees   [Jul-12-18 09:30AM  Motley Fool]
▶ In Your 60s? 3 Stocks You Might Want to Buy   [Jul-03-18 09:00AM  Motley Fool]
▶ 25 Stocks Every Retiree Should Own   [Jun-27-18 03:51PM  Kiplinger]
▶ 4 REITs to Watch for Dividend Increases in July   [Jun-26-18 03:14PM  InvestorPlace]
▶ 5 Top Monthly Dividend Stocks   [Jun-22-18 03:31PM  Motley Fool]
▶ The 7 Best Dividend Stocks for Monthly Income   [Jun-20-18 10:18AM  InvestorPlace]
▶ Your 2018 Guide to Dividend Taxes   [07:11AM  Motley Fool]
▶ 3 Great Dividend-Paying Stocks for Beginners   [Jun-15-18 03:41PM  Motley Fool]
▶ 3 Stocks That Cut You a Check Each Month   [Jun-04-18 02:39PM  Motley Fool]
▶ 3 Stocks That Pay You Each Month   [May-31-18 08:45AM  Motley Fool]
▶ 3 Rock-Solid REITs   [07:00AM  Forbes]
▶ The Best Offense Is A Great Defense   [May-29-18 07:00AM  Forbes]
▶ How To Buy Dividend Aristocrats Before The Crowd   [May-28-18 09:23AM  Forbes]
▶ 2 Great High-Dividend Stocks for Senior Citizens   [May-25-18 06:26AM  Motley Fool]
▶ 3 Top Retail REITs You Can Buy Right Now   [May-23-18 05:31PM  Motley Fool]
▶ Your Complete Guide to DRIP Investing   [May-21-18 04:11PM  Motley Fool]
▶ Playing The REIT M&A Game   [10:01AM  Forbes]
▶ Top 5 Monthly Dividend Stocks for 2018   [10:02AM  Investopedia]
▶ Realty Income Corp.: 1Q Earnings Snapshot   [May-08-18 04:33PM  Associated Press]
▶ 3 Retail REITs Buffett Should Buy   [Apr-23-18 07:00AM  Forbes]
▶ 2 Of The Cheapest REITs To Own For The Long-Haul   [Mar-24-18 06:30AM  Forbes]
▶ Is Realty Income Corporation a Buy?   [Mar-11-18 09:30AM  Motley Fool]
▶ Dividend 15 Stocks: A Mixed Bag   [Mar-08-18 11:17AM  Kiplinger]
▶ If You're in Your 40s, Consider Buying These 3 Stocks   [Mar-06-18 06:52AM  Motley Fool]
▶ 5 Stocks I'll Hold Forever   [07:42AM  Motley Fool]
▶ Realty Income Corp (O) F2017 AFFO Per Share Increased 6.3%   [Feb-21-18 09:54PM  InvestorPlace]
▶ Realty Income Corp. reports 4Q results   [04:22PM  Associated Press]
▶ How to Pick REITs with 160% Upside as Rates Rise   [03:56AM  Harvest Exchange]
▶ 3 Embarrasingly Cheap Dividend Stocks   [Feb-19-18 07:03AM  Motley Fool]
▶ 5 High-Quality REITs Yielding Over 5%   [Feb-12-18 07:00AM  Forbes]
▶ Finding Fortress REITs To Buy   [07:00AM  Forbes]
▶ 9 Dividend Increases Expected In March   [Feb-02-18 08:46AM  Forbes]
▶ 3 Top Dividend Stocks With Yields Over 4%   [Jan-31-18 08:03AM  Motley Fool]
▶ These 3 Stocks Just Raised Their Dividends   [Jan-23-18 08:17AM  Motley Fool]
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

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

Copyright © X-FIN.com 2005-2018. All rigths reserved.