In the latest close session, Realty Income Corp. (O) was up +1.36% at $65.60. This change outpaced the S&P 500's 0.05% gain on the day. Elsewhere, the Dow saw an upswing of 0.46%, while the tech-heavy Nasdaq depreciated by 0.64%.
Prior to today's trading, shares of the real estate investment trust had gained 4.32% outpaced the Finance sector's gain of 1.74% and the S&P 500's gain of 0.61%.
Market participants will be closely following the financial results of Realty Income Corp. in its upcoming release. The company plans to announce its earnings on August 5, 2026. On that day, Realty Income Corp. is projected to report earnings of $1.09 per share, which would represent year-over-year growth of 3.81%. In the meantime, our current consensus estimate forecasts the revenue to be $1.54 billion, indicating a 8.98% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.45 per share and revenue of $6.27 billion, indicating changes of +3.97% and +9.03%, respectively, compared to the previous year.
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. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.1% higher. Realty Income Corp. is holding a Zacks Rank of #2 (Buy) right now.
In terms of valuation, Realty Income Corp. is currently trading at a Forward P/E ratio of 14.54. This valuation marks a discount compared to its industry average Forward P/E of 15.73.
It's also important to note that O currently trades at a PEG ratio of 5.05. 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. REIT and Equity Trust - Retail stocks are, on average, holding a PEG ratio of 2.64 based on yesterday's closing prices.
The REIT and Equity Trust - Retail industry is part of the Finance sector. This group has a Zacks Industry Rank of 73, putting it in the top 30% of all 250+ industries.
The Zacks Industry Rank is ordered 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Realty Income Corporation (O): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).