Stock fact sheet · data as of
Cohen & Steers Quality Income Realty Fund, Inc. (RQI): fair value, margin of safety and Wheel Score
Ticker symbol RQI · Financial Services · Asset Management · United States · Fund / Note
Is RQI undervalued?
RQI has a margin of safety of 50%: the stock closed at 12.01 on 5 Nov 2026 against a GLS average fair value of 23.89. 5 of the 9 valuation models that produced a number sit above the price. Our scans treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
The 9 models disagree widely: GLS Growth gives 5.63 while Graham Growth gives 93.26. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
RQI looks like a fund, note or preferred share rather than an operating company, so the nightly engine files it under Fund / Note: the valuation models are not built for it, and its Wheel Score is capped at 45.
Nine valuation models for RQI
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 6.08 | -49% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 22.16 | +85% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 93.26 | +677% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 40.76 | +239% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 5.63 | -53% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 5.78 | -52% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 5.66 | -53% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 17.51 | +46% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 18.12 | +51% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -5.29 | -144% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: RQI passes 4 of the nine Piotroski tests. Our scans drop the stock at the health filter; a low score is often the reason a stock looks cheap on the valuation models. There is no GLS Moat score for RQI: funds, notes and second share lines get none, and so does a company with fewer than two years of accounts on file. The Moat part of the Wheel Score is zero.
Returns on capital are thin or negative - ROIC 2.0%, ROE 2.9%, ROA 2.0% - with debt at 0.44 times equity and a free-cash-flow yield of 2.4%.
The dividend yield is high at 9.91% (payout ratio 70%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 3/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 2.0% |
|---|---|---|---|
| GLS Moat | - / 10 | ROE | 2.9% |
| Debt / equity | 0.44 | ROA | 2.0% |
| Free-cash-flow yield | 2.4% | Payout ratio | 70% |
| Institutions | 3 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 24: No options
RQI has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business. It fails the first Wheel Trade Filter (options that actually trade), so the score stays under 70 and is shown as "No options" (24 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 621k shares a day on a market cap of $1.6B, with a beta of 1.41 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | a fund or note, not a company |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 4/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 50% below fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | no moat score | |
| Health | Fair | Piotroski 4/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 1.41, $1.6B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for RQI in the nightly calendar. The shares go ex-dividend on 10 Nov 2026 (0.0900 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management
The 12 companies below are the closest to Cohen & Steers Quality Income Realty Fund, Inc. by market cap within the Asset Management industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| TRIN Trinity Capital Inc. | 17.94 | 40.05 | +55% | 49Weak | $1.6B |
| ARAAX Horizon Active Risk Assist Fund - Advisor Class | 27.48 | 235.41 | +88% | 26No options | $1.6B |
| BST BlackRock Science and Technology Trust | 46.03 | 348.58 | +87% | 33No options | $1.6B |
| MQY BlackRock MuniYield Quality Fund, Inc. | 10.60 | 16.52 | +36% | 26No options | $1.6B |
| PAX Patria Investments Ltd | 9.76 | 12.67 | +23% | 72Good | $1.6B |
| KEGS 1812 Brewing Company Inc. | 1.72 | - | - | 9No options | $1.6B |
| CSWC Capital Southwest Corporation | 23.79 | 33.54 | +29% | 49Weak | $1.6B |
| GAB The Gabelli Equity Trust Inc. | 5.33 | 30.11 | +82% | 32No options | $1.7B |
| RCGTX Virtus Zevenbergen Technology Fund CL C | 16.56 | 20.35 | +19% | 18No options | $1.6B |
| HYT BlackRock Corporate High Yield Fund, Inc. | 7.97 | 13.27 | +40% | 23No options | $1.6B |
| CET Central Securities Corp. | 56.70 | 150.52 | +62% | 34No options | $1.7B |
| BCHYX American Century California High Yield Municipal Investor Class | 9.33 | 5.76 | -62% | 11No options | $1.6B |
⚖ Compare RQI with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about RQI
Is RQI undervalued right now?
By the GLS models, yes: at 12.01 the stock is 50% below the average fair value of 23.89 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of RQI and what does it mean?
RQI has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for RQI?
23.89 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Cohen & Steers Quality Income Realty Fund, Inc. report earnings next?
No upcoming earnings date is recorded for RQI in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does RQI have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on RQI, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.