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Realty Income Corp. (O) Stock Moves -1.7%: What You Should Know

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In the latest trading session, Realty Income Corp. (O - Free Report) closed at $63.44, marking a -1.7% move from the previous day. This change was narrower than the S&P 500's daily loss of 1.85%. Meanwhile, the Dow lost 1.66%, and the Nasdaq, a tech-heavy index, lost 10.91%.

Coming into today, shares of the real estate investment trust had lost 3.99% in the past month. In that same time, the Finance sector lost 3.85%, while the S&P 500 lost 2.85%.

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%. Meanwhile, our latest consensus estimate is calling for revenue of $884.54 million, up 9.56% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $4.05 per share and revenue of $3.64 billion, which would represent changes of +3.32% and +8.76%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for Realty Income Corp.These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.32% lower. Realty Income Corp. is currently a Zacks Rank #3 (Hold).

Valuation is also important, so investors should note that Realty Income Corp. has a Forward P/E ratio of 15.94 right now. Its industry sports an average Forward P/E of 12.83, so we one might conclude that Realty Income Corp. is trading at a premium comparatively.

Also, we should mention that O has a PEG ratio of 5.31. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. O's industry had an average PEG ratio of 2.48 as of yesterday's close.

The REIT and Equity Trust - Retail industry is part of the Finance sector. This group has a Zacks Industry Rank of 154, putting it in the bottom 39% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow O in the coming trading sessions, be sure to utilize Zacks.com.


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