O
Realty Income Corporation Real Estate - Retail REITs Investor Relations →
Realty Income Corporation (O) closed at $63.23 as of 2026-02-02, trading 18.9% above its 200-week moving average of $53.17. The stock moved further from the line this week, up from 14.6% last week. With a 14-week RSI of 73, O is in overbought territory.
Over the past 1585 weeks of data, O has crossed below its 200-week moving average 20 times. On average, these episodes lasted 6 weeks. Historically, investors who bought O at the start of these episodes saw an average one-year return of +27.9%.
With a market cap of $58.1 billion, O is a large-cap stock. The company generates a free cash flow yield of 3.5%. Return on equity stands at 2.5%. The stock trades at 1.5x book value.
O is a Dividend Aristocrat, having increased its dividend for 25 or more consecutive years. The current yield is 512.00%. Share count has increased 50.8% over three years, indicating dilution.
Over the past 30.5 years, a hypothetical investment of $100 in O would have grown to $3820, compared to $2011 for the S&P 500. That represents an annualized return of 12.7% vs 10.3% for the index — confirming O as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 39.3% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: O vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After O Crosses Below the Line?
Across 20 historical episodes, buying O when it crossed below its 200-week moving average produced an average return of +27.1% after 12 months (median +33.0%), compared to +15.4% for the S&P 500 over the same periods. 79% of those episodes were profitable after one year. After 24 months, the average return was +47.5% vs +29.8% for the index.
Each line shows $100 invested at the moment O crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
O has crossed below its 200-week MA 20 times with an average 1-year return of +27.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 1999 | Jan 2000 | 1 | 0.6% | +32.9% | +2627.6% |
| Mar 2000 | Apr 2000 | 2 | 6.6% | +51.1% | +2749.1% |
| Jan 2008 | Jan 2008 | 1 | 2.3% | +2.9% | +657.4% |
| Oct 2008 | Dec 2008 | 8 | 22.2% | +22.6% | +646.4% |
| Jan 2009 | Apr 2009 | 13 | 30.8% | +46.0% | +648.5% |
| Apr 2009 | May 2009 | 4 | 6.2% | +66.5% | +603.9% |
| Jun 2009 | Jul 2009 | 2 | 4.5% | +52.1% | +589.4% |
| Feb 2018 | Feb 2018 | 1 | 1.4% | +50.2% | +95.8% |
| Feb 2018 | Mar 2018 | 1 | 0.2% | +45.7% | +92.5% |
| Mar 2018 | Mar 2018 | 1 | 1.0% | +54.0% | +93.2% |
| Apr 2018 | Apr 2018 | 1 | 0.7% | +44.6% | +91.6% |
| Mar 2020 | Jun 2020 | 11 | 25.1% | +36.6% | +85.1% |
| Jul 2020 | Jul 2020 | 1 | 0.3% | +26.4% | +51.4% |
| Sep 2022 | Oct 2022 | 4 | 8.3% | -9.9% | +30.9% |
| May 2023 | Jun 2023 | 2 | 2.2% | -5.9% | +25.7% |
| Jun 2023 | Jun 2023 | 1 | 1.6% | -4.2% | +25.0% |
| Jul 2023 | Dec 2023 | 21 | 15.6% | +6.1% | +23.5% |
| Jan 2024 | Jul 2024 | 26 | 8.4% | +2.2% | +25.7% |
| Dec 2024 | Feb 2025 | 11 | 7.5% | +10.7% | +20.8% |
| Mar 2025 | Apr 2025 | 1 | 0.6% | N/A | +20.7% |
| Average | 6 | — | +27.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02