Research Firm with a Qualitative Overlay, Pearl Gray Equity and Research

Pearl Gray Equity and Research

Quantitative fund & research firm with a qualitative overlay. 

Our coverage: General U.S. with a skew towards the primary sector. 

Methods: Smart Beta/Factor Pricing, Neural Networks, Street Gossip, and Common Sense.

Research Firm with a Qualitative Overlay

Equity Bottom-Up

<ul>
<li>Realty Income Corporation's sustainable growth rate has stalled, resulting in an intrinsic value below its traded market price.</li>
<li>Realty Income's market-based features, including dividend growth and low volatility, are favorable.</li>
<li>However, we think the REITs valuation is a significant risk.</li>
</ul>


Realty Income Corporation's sustainable growth rate has stalled, resulting in an intrinsic value below its traded market price.
Realty Income's market-based features, including dividend growth and low volatility, are favorable.
However, we think the REITs valuation is a significant risk.


Realty Income Corporation: Diminishing Risk-Adjusted Returns