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Is Realty Income (O) Outperforming Other Finance Stocks This Year?
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Investors focused on the Finance space have likely heard of Realty Income (O - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Realty Income is a member of our Finance group, which includes 854 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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).
Within the past quarter, the Zacks Consensus Estimate for O's full-year earnings has moved 0.73% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, O has gained about 16.23% so far this year. At the same time, Finance stocks have gained an average of 10.01%. 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, a group that includes 28 individual stocks and currently sits at #151 in the Zacks Industry Rank. This group has gained an average of 15.36% so far this year, so O is performing better in this area.
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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Is Realty Income (O) Outperforming Other Finance Stocks This Year?
Investors focused on the Finance space have likely heard of Realty Income (O - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Realty Income is a member of our Finance group, which includes 854 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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).
Within the past quarter, the Zacks Consensus Estimate for O's full-year earnings has moved 0.73% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, O has gained about 16.23% so far this year. At the same time, Finance stocks have gained an average of 10.01%. 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, a group that includes 28 individual stocks and currently sits at #151 in the Zacks Industry Rank. This group has gained an average of 15.36% so far this year, so O is performing better in this area.
Investors with an interest in Finance stocks should continue to track O. The stock will be looking to continue its solid performance.