Sascha (@ScreamFD) na getquin

1Semana·

This is not investment advice, just my own opinion, I have been invested in the company myself with a monthly savings plan for about 6 years.

What do you think of Realty Income $O (+0,12%) ? Should I make an additional one-off purchase for the new year? Or maybe split it up into the casino area?

In my opinion, Realty Income is undervalued, but it is also a moat at the dividend level with its real estate divisions, as the commercial and retail divisions, among others, are always needed. The rental agreements are long-term and almost all costs have to be borne by the tenants, which means that there is no incalculable drop in profits even in the event of modernization plans. I estimate the fair share value to be between € 60 and € 65.

Concrete gold is still a good investment, don't you think?

8 Comentários

DerBofrostmann@DerBofrostmann

1Semana

I know that many here think this is gold. Just take a look at the balance sheets, e.g. profits after tax and dividends.
I could imagine that there will be significantly more lucrative and, above all, more solid entry points around Q3 (especially for one-off purchases), but that doesn't mean that there won't be better times locally by then. A distinction must be made here between investment and trading.
But as always, that's just my opinion.
Happy new year

P.S.: as a New Year's resolution, you could resolve to tidy up your portfolio. I wouldn't want any individual positions of 0.01%. Unless you are dealing with millions, the transaction costs will exceed your profits even with strong performance.

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Alter F.@AlterFalter24

1Semana

The valuation of REITs, such as $VICI or similar, is heavily dependent on interest rates. The market obviously expects "higher interest rates for longer" and depending on how much of D. Trump's (inflation-driving) plans are implemented, the valuation can of course go down a little further. In any case, I do not expect any price gains for $O in the near future.

However, a 6% dividend yield is quite nice, is at least 1% higher than 10-year US government bonds and you can speculate that $O will continue to increase its payouts.

I will buy more because I simply assume that they will continue to manage their real estate portfolio well.

In my opinion, however, the buy arguments also apply to all other possible REITs if the exposure to the above-mentioned "problem tenants" is too high for you.

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Malte@Malte123

1Semana

I also have just under 100 shares and am considering buying more. The dividend is quite high and looks safe.

What speaks against it is that no major (organic) growth is to be expected:

-Some problem tenants such as Walgreens, which are not doing too well.
Tariffs could put additional pressure on retail, especially on cheaper products such as Dollar General.
Realty is well diversified, but bankruptcies/rent defaults would weigh on growth.

-Interest rates higher for longer? Possibly new money printing and thus (delayed) rising inflation again? High debt = then bad.

-They are simply already a fairly large group and have already partially left their field/specialty so that growth is still possible (e.g. casino, data center).

In the long term, however, I believe in this and will certainly buy again in the near future.

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Uwe@SchlaubiSchlumpf

1Semana

I built up a small position again in December after I had been out in the meantime. I bought 57 shares at around €53, basically in the falling price. I'm now adding a little via a savings plan and will then look for other REITs/real estate stocks.
The aim is to have a little real estate sector in the portfolio.

Realty should work quite well. But if I'm over 3k with it, I'll probably open a second position like $VICI or $DEF first.

My guess could be completely wrong: Realty will still run sideways for a bit, should the 2 rate cuts also prove true. If there is no big rise in Realty by Q3 and the expectation of a further rate cut in 2026, Realty could head for €60.

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Ver todas as 2 restantes respostas

Rmann@Epi

1Semana

In terms of market performance, you have unfortunately taken the USD performance, which is irrelevant for EUR investors. The real returns for investors on Getquin look very different.

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Matthias@Rebellion81

Yes, many analysts are pushing Realty to buy..... would say many have set their limit at €50, if it falls below that they will buy. I think Realty is a very well-cleaned savings plan stock :)

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