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Realty Income Corp. (O) Stock Moves -0.37%: What You Should Know
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Realty Income Corp. (O - Free Report) closed the most recent trading day at $53.80, moving -0.37% from the previous trading session. This change was narrower than the S&P 500's daily loss of 0.94%. Elsewhere, the Dow lost 0.22%, while the tech-heavy Nasdaq lost 1.53%.
Heading into today, shares of the real estate investment trust had lost 4.12% over the past month, lagging the Finance sector's gain of 2.54% and the S&P 500's gain of 1.85% in that time.
Investors will be hoping for strength from Realty Income Corp. as it approaches its next earnings release. On that day, Realty Income Corp. is projected to report earnings of $1 per share, which would represent year-over-year growth of 2.04%. Our most recent consensus estimate is calling for quarterly revenue of $1.02 billion, up 21.91% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.01 per share and revenue of $4.02 billion. These totals would mark changes of +2.3% and +20.15%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Realty Income Corp.These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.16% higher. Realty Income Corp. is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Realty Income Corp.'s current valuation metrics, including its Forward P/E ratio of 13.47. This represents a premium compared to its industry's average Forward P/E of 12.18.
Also, we should mention that O has a PEG ratio of 2.69. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. REIT and Equity Trust - Retail stocks are, on average, holding a PEG ratio of 3.24 based on yesterday's closing prices.
The REIT and Equity Trust - Retail industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 74, which puts it in the top 30% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Realty Income Corp. (O) Stock Moves -0.37%: What You Should Know
Realty Income Corp. (O - Free Report) closed the most recent trading day at $53.80, moving -0.37% from the previous trading session. This change was narrower than the S&P 500's daily loss of 0.94%. Elsewhere, the Dow lost 0.22%, while the tech-heavy Nasdaq lost 1.53%.
Heading into today, shares of the real estate investment trust had lost 4.12% over the past month, lagging the Finance sector's gain of 2.54% and the S&P 500's gain of 1.85% in that time.
Investors will be hoping for strength from Realty Income Corp. as it approaches its next earnings release. On that day, Realty Income Corp. is projected to report earnings of $1 per share, which would represent year-over-year growth of 2.04%. Our most recent consensus estimate is calling for quarterly revenue of $1.02 billion, up 21.91% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.01 per share and revenue of $4.02 billion. These totals would mark changes of +2.3% and +20.15%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Realty Income Corp.These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.16% higher. Realty Income Corp. is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Realty Income Corp.'s current valuation metrics, including its Forward P/E ratio of 13.47. This represents a premium compared to its industry's average Forward P/E of 12.18.
Also, we should mention that O has a PEG ratio of 2.69. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. REIT and Equity Trust - Retail stocks are, on average, holding a PEG ratio of 3.24 based on yesterday's closing prices.
The REIT and Equity Trust - Retail industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 74, which puts it in the top 30% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.