What Is O Fair Value?
Realty Income (O) fair value estimate using multiple valuation models, updated daily.
As of August 29, 2026, Realty Income (O) has a composite fair value estimate of $27.19 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $61.98, suggesting the stock is overvalued by 56.1%.
Data as of August 29, 2026 (today)
Composite Fair Value
Overvalued4 of 4 models$27.19
vs. current price of $61.98(-56.1%)
How Is O Fair Value Calculated?
Four independent models estimate what O is worth. Each uses different inputs and assumptions. The composite blends them by weight.
O Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
35% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$13.03
-79.0%Overvalued
Inputs used
DDM (Dividend Discount Model)
15% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
$55.89
-9.8%Fair Value
Inputs used
O Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
25% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$38.23
-38.3%Overvalued
Inputs used
PEG (Price/Earnings to Growth)
25% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$15.54
-74.9%Overvalued
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $61.98 is 79.0% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $1.66B | $1.55B |
| Year 2 | $1.74B | $1.53B |
| Year 3 | $1.83B | $1.50B |
| Year 4 | $1.92B | $1.47B |
| Year 5 | $2.02B | $1.45B |
| Year 6 | $2.12B | $1.42B |
| Year 7 | $2.23B | $1.40B |
| Year 8 | $2.34B | $1.37B |
| Year 9 | $2.45B | $1.35B |
| Year 10 | $2.58B | $1.32B |
| Terminal Value | $60.18B | $30.91B |
What Are O's Key Financial Metrics?
Earnings & Growth
Current Price
$61.98
EPS (TTM)
$1.38
Forward P/E
39.1
Profit Margin
20.9%
Cash & Balance Sheet
Free Cash Flow
1.6B
EBITDA
5.4B
Book Value
$41.80
Total Debt
31.3B
What Do Analysts Say About O?
Low
$61.50
Average
$68.21
High
$72.00
Upside
+10.1%
O Fair Value FAQ
What is the fair value of O?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), O's estimated fair value is $27.19. The stock is currently trading at $61.98, which makes it overvalued by our analysis.
How is O's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is O overvalued or undervalued?
Based on our analysis, O is overvalued. The current price of $61.98 is 56.1% above our estimated fair value of $27.19.
What do Wall Street analysts say about O?
20 analysts cover Realty Income with a consensus rating of "Buy." The average price target is $68.21, ranging from $61.50 to $72.00. This implies 10.1% upside from the current price.