Cohen & Steers Quality Income Realty Fund, Inc.
Cohen & Steers Quality Income Realty Fund, Inc. is a closed-end management investment company focused on real estate securities. Its primary objective is to provide high current income through a portfolio of income-producing stocks and other securities issued by real estate companies, including real estate investment trusts, while pursuing capital appreciation as a secondary objective. The fund is managed by Cohen & Steers Capital Management and invests mainly in U.S. public equity markets with a diversified real estate orientation across property types and related segments. It is designed to give investors broad exposure to the real estate sector through professionally managed, income-oriented holdings that may include common and preferred equity as well as other securities tied to real estate businesses. Cohen & Steers Quality Income Realty Fund, Inc. plays a specialized role in the market by combining real estate sector participation with a focus on recurring income generation and diversified portfolio construction.
$11.20
+$0.05 (+0.45%)
EOD Oct 16, 2026
Revenue declined 50.5% YoY. The question is whether this is cyclical or a structural shift.
At 32x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Net debt of $710M represents 5.6x FCF, leverage limits flexibility.
31.7x earnings, 11.9x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$50M
▼ -50.5% YoY
Net Income (TTM)
$47M
▼ -52.0% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
$126M
▼ -1.7% YoY
Op. Cash Flow (TTM)
$126M
▼ -1.7% YoY
Net Debt
$710M
Cash & Equiv.
$253K
3Y CAGR: +16.4%
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Is Cohen & Steers Quality Income Realty Fund (RQI) overvalued?
At a P/E of 31.7 and a price-to-free-cash-flow of 11.9, Cohen & Steers Quality Income Realty Fund (RQI) trades around a two-stage DCF intrinsic value of about $11.67 per share, so at $11.20 the stock looks around fair value (4.2% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Cohen & Steers Quality Income Realty Fund scores 41/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Cohen & Steers Quality Income Realty Fund's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $11.67 per share for RQI, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $8.75. At today's $11.20, that puts the stock about 4.2% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Cohen & Steers Quality Income Realty Fund a high-quality business?+
Cohen & Steers Quality Income Realty Fund scores 41 out of 100 on Intrinsiqq's quality score, a weighted blend of 5 metrics each scored 0 to 100, which makes it a mixed business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Cohen & Steers Quality Income Realty Fund a good stock to buy right now?+
That depends on valuation and quality together, not either alone. RQI currently trades around its estimated intrinsic value and scores 41/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.