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Has Realty Income (O) Outpaced Other Finance Stocks This Year?

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Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Realty Income (O - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

Realty Income is a member of our Finance group, which includes 851 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. O is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for O's full-year earnings has moved 0.29% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, O has gained about 0.93% so far this year. In comparison, Finance companies have returned an average of -4.66%. This shows that Realty Income is outperforming its peers so far this year.

Looking more specifically, O belongs to the REIT and Equity Trust - Retail industry, which includes 29 individual stocks and currently sits at #160 in the Zacks Industry Rank. On average, this group has lost an average of 12.46% so far this year, meaning that O is performing better in terms of year-to-date returns.

Investors with an interest in Finance stocks should continue to track O. The stock will be looking to continue its solid performance.


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