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Realty Income Corp. (O) Falls More Steeply Than Broader Market: What Investors Need to Know
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Realty Income Corp. (O - Free Report) ended the recent trading session at $54.30, demonstrating a -1.52% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.25%. At the same time, the Dow lost 0.86%, and the tech-heavy Nasdaq gained 0.24%.
The real estate investment trust's stock has dropped by 10.14% in the past month, falling short of the Finance sector's loss of 4.43% and the S&P 500's loss of 0.42%.
The investment community will be paying close attention to the earnings performance of Realty Income Corp. in its upcoming release. The company's earnings per share (EPS) are projected to be $1.11, reflecting a 2.78% increase from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $1.58 billion, indicating a 7.6% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.42 per share and revenue of $6.3 billion, which would represent changes of +3.27% and +9.64%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Realty Income Corp. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 last 30 days, the Zacks Consensus EPS estimate has moved 0.2% lower. Right now, Realty Income Corp. possesses a Zacks Rank of #3 (Hold).
Digging into valuation, Realty Income Corp. currently has a Forward P/E ratio of 12.47. This expresses a discount compared to the average Forward P/E of 13.58 of its industry.
We can also see that O currently has a PEG ratio of 3.92. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The REIT and Equity Trust - Retail was holding an average PEG ratio of 2.15 at yesterday's closing price.
The REIT and Equity Trust - Retail industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 194, finds itself in the bottom 22% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Realty Income Corp. (O) Falls More Steeply Than Broader Market: What Investors Need to Know
Realty Income Corp. (O - Free Report) ended the recent trading session at $54.30, demonstrating a -1.52% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.25%. At the same time, the Dow lost 0.86%, and the tech-heavy Nasdaq gained 0.24%.
The real estate investment trust's stock has dropped by 10.14% in the past month, falling short of the Finance sector's loss of 4.43% and the S&P 500's loss of 0.42%.
The investment community will be paying close attention to the earnings performance of Realty Income Corp. in its upcoming release. The company's earnings per share (EPS) are projected to be $1.11, reflecting a 2.78% increase from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $1.58 billion, indicating a 7.6% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.42 per share and revenue of $6.3 billion, which would represent changes of +3.27% and +9.64%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Realty Income Corp. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 last 30 days, the Zacks Consensus EPS estimate has moved 0.2% lower. Right now, Realty Income Corp. possesses a Zacks Rank of #3 (Hold).
Digging into valuation, Realty Income Corp. currently has a Forward P/E ratio of 12.47. This expresses a discount compared to the average Forward P/E of 13.58 of its industry.
We can also see that O currently has a PEG ratio of 3.92. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The REIT and Equity Trust - Retail was holding an average PEG ratio of 2.15 at yesterday's closing price.
The REIT and Equity Trust - Retail industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 194, finds itself in the bottom 22% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.