Realty Income Corporation (O): Today's Featured Real Estate Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Realty Income Corporation ( O) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Realty Income Corporation fell $0.50 (-1.3%) to $38.28 on average volume. Throughout the day, 2,425,996 shares of Realty Income Corporation exchanged hands as compared to its average daily volume of 2,015,400 shares. The stock ranged in price between $38.25-$38.96 after having opened the day at $38.92 as compared to the previous trading day's close of $38.78. Other companies within the Real Estate industry that declined today were: IFM Investments ( CTC), down 6.7%, HMG/Courtland Properties ( HMG), down 4.7%, Desarrolladora Homex SAB de CV ADR ( HXM), down 4.4% and Armada Hoffler Properties ( AHH), down 3.0%.

Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California. Realty Income Corporation has a market cap of $8.0 billion and is part of the financial sector. The company has a P/E ratio of 46.9, above the S&P 500 P/E ratio of 17.7. Shares are down 3.6% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Realty Income Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Realty Income Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, compelling growth in net income, notable return on equity and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, JGWPT Holdings Inc Class A ( JGW), up 6.4%, Owens Realty Mortgage ( ORM), up 4.5%, Amrep Corporation ( AXR), up 3.6% and American Realty Investors ( ARL), up 2.6%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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