TheStreet Ratings group would like to highlight 5 stocks pushing the real estate industry higher today, Nov. 16, 2012.Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.3%) at 12,582 as of Friday, Nov. 16, 2012, 11:59 AM ET. The NYSE advances/declines ratio sits at 1,549 issues advancing vs. 1,392 declining with 99 unchanged. The Real Estate industry currently is unchanged today versus the S&P 500, which is down 0.1%. Top gainers within the industry include American Capital Agency ( AGNC), up 3.7%, Hatteras Financial Corporation ( HTS), up 2.9%, MFA Financial ( MFA), up 2.7%, Annaly Capital Management ( NLY), up 1.6% and American Tower ( AMT), up 1.3%. On the negative front, top decliners within the industry include Extra Space Storage ( EXR), down 1.8%, and Vornado Realty ( VNO), down 0.6%. TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today: 5. Invesco Mortgage Capital ( IVR) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Invesco Mortgage Capital is up $0.80 (4.2%) to $19.55 on average volume Thus far, 1.2 million shares of Invesco Mortgage Capital exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $18.90-$19.67 after having opened the day at $18.96 as compared to the previous trading day's close of $18.75. Invesco Agency Securities Inc. operates as a mortgage real estate investment trust. The company was founded in 2008 and is based in Atlanta, Georgia. Invesco Mortgage Capital has a market cap of $2.1 billion and is part of the financial sector. The company has a P/E ratio of 6.8, below the S&P 500 P/E ratio of 17.7. Shares are up 29.5% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Invesco Mortgage Capital a buy, no analysts rate it a sell, and 7 rate it a hold. TheStreet Ratings rates Invesco Mortgage Capital as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Invesco Mortgage Capital Ratings Report now.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts