5 Stocks Pushing The Real Estate Industry Lower

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

All three major indices are trading down today with the Dow Jones Industrial Average (^DJI) trading down 30 points (-0.2%) at 14,005 as of Wednesday, Feb. 20, 2013, 12:04 PM ET. The NYSE advances/declines ratio sits at 991 issues advancing vs. 1,875 declining with 138 unchanged.

The Real Estate industry currently sits up 0.1% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the industry include Icahn (IEP), down 4.9%, and Brookfield Asset Management (BAM), down 1.4%. A company within the industry that increased today was Health Care REIT (HCN), up 0.9%.

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

5. Brookfield Office Properties (BPO) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Brookfield Office Properties is down $0.13 (-0.8%) to $16.93 on light volume Thus far, 410,426 shares of Brookfield Office Properties exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $16.91-$17.06 after having opened the day at $17.01 as compared to the previous trading day's close of $17.06.

Brookfield Properties Corporation is a publicly owned real estate investment firm. The firm engages in the ownership, development, and management of premier commercial properties. It also provides ancillary real estate service businesses, such as tenant service and amenities. Brookfield Office Properties has a market cap of $8.5 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 down 1.1% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Brookfield Office Properties a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Brookfield Office Properties as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Brookfield Office Properties Ratings Report now.

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