Why Realty Income's Stock Is Falling Today

Core Viewpoint - Realty Income's fourth-quarter earnings report showed adjusted funds from operations (AFFO) in line with expectations, but the guidance for future AFFO fell short of analyst estimates, leading to a decline in share price [1][2][3]. Financial Performance - Realty Income reported adjusted funds from operations (AFFO) of $1.05, matching consensus estimates [2] - The company's revenue for the quarter was$1.34 billion, exceeding consensus estimates [2] - The guidance for AFFO in 2025 is projected to be between $4.22 and$4.28, below the $4.30 average estimate from Wall Street analysts [3] Dividend Information - Realty Income increased its quarterly dividend for the 109th consecutive time, with a 2.5$3.126 [3] - The current dividend yield stands at 5.78% [3] Investment Strategy - The company focuses on investing in real estate leased to clients in non-discretionary, low-price, service-oriented, and non-retail businesses [4] - Realty Income is exploring opportunities in the growing data center and gaming markets [4] - The company's strategy allows investors to benefit from a strong and growing dividend while management executes its plans [4]