Realty Income stock holds after a Mizuho cut

Published on 09/19/2026 at 17:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mizuho cut Realty Income to Neutral and lowered its target to USD 61 from USD 66 on September 17, 2026. The shares traded at USD 56.81 and a USD 53.755 billion market cap on September 18, 2026.

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Realty Income stock (ISIN US75513E1010) traded at USD 56.81 on September 18, 2026, after Mizuho cut its price target to USD 61 from USD 66 and kept a Neutral rating on September 17, 2026.

Target cut keeps the stock capped

According to Finance Yahoo, the new target is USD 61, the old target was USD 66 and the update was dated September 17, 2026. That leaves the stock only USD 4.19 below the new target at the September 18, 2026 close of USD 56.81.

The same quote page put the market capitalization at USD 53.755 billion and the volume at 3,110,477 shares on September 18, 2026. It also showed a previous close of USD 57.32 and a day low of USD 56.78, which kept the session tightly contained.

AFFO still covers the dividend

According to Finance Yahoo, Realty Income generated USD 1.09 in diluted AFFO per share in the second quarter of 2026 and paid USD 0.8115 in dividends, implying a payout ratio of about 74 percent. The same report said the 2025 payout ratio was about 75 percent, so the second-quarter coverage stayed broadly stable.

That article also said Realty Income's annualized dividend rate reached USD 3.258 per share in 2026, while the stock yielded about 5.5 percent at a share price near USD 59 to USD 60. For income investors, the gap between the dividend stream and the current quote remains the central point.

What the quote says now

Realty Income stock closed at USD 56.81 on September 18, 2026, with a market value of USD 53.755 billion. The price sat USD 0.51 below the prior close of USD 57.32 and USD 4.19 under Mizuho's new USD 61 target.