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Realty Income stays a 'buy' with strong 2025 results and $8B investment plans for 2026.

Company Fundamentals
02 Apr 2026
Seeking Alpha
View Source
Bullish
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Realty Income reported strong financial results for 2025, with revenue reaching $1.49 billion, adjusted FFO at $996.7 million, and EBITDA at $1.34 billion, maintaining a prudent leverage ratio of 5.43x. The company plans to invest $8 billion in 2026 and expects adjusted FFO per share between $4.38 and $4.42. Additionally, Realty Income is recycling capital from non-core asset sales and benefiting from a $1 billion low-cost capital joint venture with Apollo, supporting further growth and strategic repositioning of its property portfolio. These factors contribute to maintaining Realty Income as a recommended 'buy' despite it not being the cheapest REIT in the market.

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