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 up 1.2%. By the end of trading, Realty Income Corporation fell $0.40 (-1.1%) to $37.64 on heavy volume. Throughout the day, 3,746,284 shares of Realty Income Corporation exchanged hands as compared to its average daily volume of 2,331,100 shares. The stock ranged in price between $37.60-$38.14 after having opened the day at $38.01 as compared to the previous trading day's close of $38.04. Other companies within the Real Estate industry that declined today were: China HGS Real Estate ( HGSH), down 19.8%, Impac Mortgage Holdings ( IMH), down 9.2%, Nationstar Mortgage Holdings ( NSM), down 6.7% and PennyMac Financial Services Inc Class A ( PFSI), down 5.3%.

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 $8.2 billion and is part of the financial sector. The company has a P/E ratio of 47.9, above the S&P 500 P/E ratio of 17.7. Shares are down 5.4% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Realty Income Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Realty Income Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself.

On the positive front, Vestin Realty Mortgage I ( VRTA), up 10.3%, Gaming and Leisure Properties ( GLPI), up 9.2%, Western Asset Mortgage Capital ( WMC), up 6.7% and Preferred Apartment Communities ( APTS), up 6.6% , were all gainers within the real estate industry with Host Hotels & Resorts ( HST) being today's featured real estate industry leader.

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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