Quarterly ResultAug 5, 2026, 04:17 PM
Realty Income Q2 AFFO/share +3.8% to $1.09; Raises 2026 Guidance
AI Summary
Realty Income Corporation announced strong operating results for Q2 2026, with Adjusted Funds from Operations (AFFO) per share increasing 3.8% year-over-year to $1.09. The company also raised its 2026 AFFO per share guidance to $4.44 - $4.45, reflecting approximately 4% growth at the midpoint. Strategic highlights include investing $2.6 billion in the quarter, a new $6 billion hyperscale data center joint venture, and the expansion of its investment management platform. Additionally, Realty Income issued €600.0 million in senior unsecured notes, expanded its credit facilities, and received an 'A' credit rating with a Stable Outlook from Fitch Ratings.
Key Highlights
- Q2 2026 AFFO per share increased 3.8% to $1.09.
- Net income available to common stockholders was $344.0 million, or $0.37 per share.
- Raised 2026 AFFO per share guidance to $4.44 - $4.45.
- Invested $2.6 billion ($2.1 billion Pro-Rata Share) in Q2 2026.
- Issued €600.0 million of 3.625% senior unsecured notes in July 2026.
- Expanded unsecured revolving credit facility to $5.5 billion.
- Fitch Ratings assigned 'A' Long-Term Issuer Default Rating with Stable Outlook.
- Portfolio occupancy was 98.8% as of June 30, 2026.
Price Impact
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