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Realty Income demonstrates portfolio resilience with 15,588 properties, 98.8% occupancy, and 8.6-year average lease terms. The company achieved a 102.7% rent recapture rate and 3.8% AFFO per share growth. However, shares have declined 14.4% over three months, and the stock carries a Zacks Rank #3 (Hold) with downward EPS estimate revisions.

Realty Income sold 177 properties for $348.6 million in net proceeds during the first half of 2026, generating $73.9 million in gains. The company invested approximately $5.3 billion during the same period with investment yields ranging from 7.2% to 8.3%.

Property sales support portfolio optimization and capital recycling, though they fund only a fraction of total deployment. The stock has underperformed over the past three months and carries a Zacks Rank #3 (Hold) rating.

Realty Income maintains robust operational metrics with 98.8% occupancy across 15,588 properties and strong tenant retention (104.6% same-client renewal rate). Nearly 80% of leases include rent-growth provisions supporting organic growth. However, shares have declined 16% over three months and trade at a discount to industry peers, with downward EPS estimate revisions.