Realty Income Corp (O)

[DMOST]

"O"

Is Realty Income Running Out of Steam, or Taking a Breather?

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Realty Income's business is doing just fine

The most important point is that the stock-price drop has little to do with Realty Income's business itself. Sure, it could get a little more expensive for the company to borrow money, but Realty Income isn't a particularly heavily leveraged REIT.

Businesswise, Realty Income is doing quite well. The company's portfolio is more than 98% occupied and releasing activity has been rather impressive. And the company is seeing a steady stream of attractive opportunities in the market: For 2017, the company expected to acquire $1.5 billion worth of properties. (We won't find out for sure until Realty Income reports year-end earnings.)

In addition, the balance sheet is as strong as ever. Realty Income's fixed-charge coverage ratio is the highest it's ever been, and recent acquisitions have been largely funded with equity, not debt................
https://finance.yahoo.com/news/realty-income-running-steam-taking-115200411.html

GO "O"

"PEACE"