In the latest trading session, Realty Income Corp. (O) closed at $63.55, marking a +1.27% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.49% for the day. On the other hand, the Dow registered a loss of 0.05%, and the technology-centric Nasdaq decreased by 0.9%.
Prior to today's trading, shares of the real estate investment trust had gained 2.62% lagged the Finance sector's gain of 8.6% and the S&P 500's gain of 12.8%.
The investment community will be closely monitoring the performance of Realty Income Corp. in its forthcoming earnings report. The company is scheduled to release its earnings on May 6, 2026. The company is expected to report EPS of $1.1, up 3.77% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $1.5 billion, indicating a 8.54% increase compared to the same quarter of the previous year.
O's full-year Zacks Consensus Estimates are calling for earnings of $4.45 per share and revenue of $6.2 billion. These results would represent year-over-year changes of +3.97% and +7.86%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Realty Income Corp. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term 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.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.19% lower. Realty Income Corp. presently features a Zacks Rank of #3 (Hold).
Investors should also note Realty Income Corp.'s current valuation metrics, including its Forward P/E ratio of 14.1. This expresses a discount compared to the average Forward P/E of 14.76 of its industry.
Investors should also note that O has a PEG ratio of 4.25 right now. 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. By the end of yesterday's trading, the REIT and Equity Trust - Retail industry had an average PEG ratio of 2.49.
The REIT and Equity Trust - Retail industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 60, placing it within the top 25% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Realty Income Corporation (O): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).