Citable filing context
O's research view summarizes recent SEC filing context, starting with debt_offering from Aug 14, 2026.
| Filed | Item | Context |
|---|---|---|
| Aug 14, 2026 | debt_offering | Realty Income Corporation issued $1.0 billion in 3.750% convertible senior notes due 2031. |
| Aug 12, 2026 | debt_offering | Realty Income priced an upsized $875 million offering of 3.750% convertible senior notes due 2031. |
| Aug 11, 2026 | debt_offering | Realty Income announced a proposed private offering of $750 million in convertible senior notes due 2031. |
| Aug 5, 2026 | Guidance: affo_per_share | 4.44 to 4.45 |
| Aug 5, 2026 | Guidance: investment_volume | not reported to 10.00 |
| Aug 5, 2026 | Guidance: net_income_per_share | 1.59 to 1.60 |
| Aug 6, 2026 | mda_quarterly | Realty Income (O) operates as a large-scale net lease REIT with a portfolio of 15,588 properties across the U.S., U.K., and Europe, generating $5.28 billion in annualized base rent. The portfolio is highly diversified, spanning 92 industries, with 91% of retail rent derived from service-oriented, non-discretionary, or low-price-point clients. As of June 30, 2026, occupancy stood at 98.8%, with a weighted average lease term of 8.6 years. Financial performance remains strong, with Normalized FFO per share of $2.14 for the first half of 2026. The company continues to prioritize its "Monthly Dividend Company" status, having increased dividends 135 times since its 1994 NYSE listing. Growth is supported by an active investment pipeline, including $5.3 billion in acquisitions during the first half of 2026 at a 7.2% weighted average cash yield. Strategic initiatives include a $1.4 billion joint venture with Cloud Capital for hyperscale data centers and a $1.0 billion co-investment platform with Apollo. Liquidity is robust, bolstered by a $5.5 billion multicurrency revolving credit facility and expanded commercial paper programs. The company maintains an investment-grade balance sheet, with 91% of its $31.0 billion debt at fixed rates and a Net Debt/Annualized Pro Forma Adjusted EBITDAre ratio of 5.4x. |
| May 7, 2026 | mda_quarterly | Realty Income (NYSE: O) maintains a robust portfolio of 15,571 properties across the U.S., U.K., and Europe, with a 98.9% occupancy rate as of March 31, 2026. The company’s strategy centers on net lease agreements, which mitigate exposure to rising property expenses, though inflationary pressures remain a risk to client solvency and financing costs. Annualized base rent stands at $5.23 billion, with 32% derived from investment-grade clients. Financial performance remains strong, with Q1 2026 diluted AFFO per share reaching $1.13, an 6.6% increase year-over-year. The company continues to diversify its capital sources, notably through a $1.0 billion joint venture with Apollo and a $1.5 billion build-to-suit development partnership with GIC. Capital structure management included $2.8 billion in investments, the issuance of $862.5 million in convertible notes, and $800 million in senior unsecured notes. Key risks include potential volatility in global capital markets, interest rate fluctuations, and the inherent illiquidity of real estate assets. While the company maintains a strong balance sheet with a 5.2x Net Debt/Annualized Pro Forma Adjusted EBITDAre ratio, it remains sensitive to the creditworthiness of its top 20 clients, who account for 35.3% of annualized base rent. |
Source: SEC EDGAR filing text and events; period Aug 14, 2026; filed Aug 14, 2026.
O company research is available with Aerarium Pro (CAD $10/mo). The five showcase tickers (TSLA, NVDA, AAPL, AMZN, PLTR) and the macro dashboard stay free. Already a subscriber? Sign in to pick up where you left off.