Realty Income (NYSE:O) Stock: Private Buyers Exert Pressure Amid Tightening Acquisition Margins

Realty Income (NYSE:O) is facing pressure from private buyers as acquisition margins tighten, influencing its funding strategy. The company reported increased AFFO and investment guidance for 2026, despite a lowered net-income outlook, leveraging private capital for a significant portion of its equity. While portfolio indicators remain strong, the reliance on credit and development investments introduces higher execution and counterparty risks, and the yield premium over Treasuries remains narrow.