5 Stocks Pushing The Real Estate Industry Higher

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 15 points (0.1%) at 12,980 as of Tuesday, Dec. 4, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,319 issues advancing vs. 1,553 declining with 162 unchanged.

The Real Estate industry currently sits down 0.1% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Host Hotels & Resorts (HST), up 0.9%, and Home Properties (HME), up 0.7%. On the negative front, top decliners within the industry include Parkway Properties (PKY), down 5.3%, Altisource Portfolio Solutions (ASPS), down 1.3%, KKR Financial Corporation (KFN), down 1.2%, CBRE Group (CBG), down 1.1% and Icahn (IEP), down 0.7%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Hatteras Financial Corporation (HTS) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Hatteras Financial Corporation is up $0.21 (0.8%) to $26.71 on light volume Thus far, 219,399 shares of Hatteras Financial Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $26.49-$26.71 after having opened the day at $26.52 as compared to the previous trading day's close of $26.50.

Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT). Hatteras Financial Corporation has a market cap of $2.6 billion and is part of the financial sector. The company has a P/E ratio of 7.5, below the S&P 500 P/E ratio of 17.7. Shares are up 1.1% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Hatteras Financial Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Hatteras Financial Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share and disappointing return on equity. Get the full Hatteras Financial Corporation Ratings Report now.

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