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Walter Investment Management Corp (WAC): Today's Featured Real Estate Winner

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

Walter Investment Management ( WAC) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole was unchanged today. By the end of trading, Walter Investment Management rose $0.74 (1.9%) to $39.95 on average volume. Throughout the day, 912,537 shares of Walter Investment Management exchanged hands as compared to its average daily volume of 1,038,300 shares. The stock ranged in a price between $38.97-$40.35 after having opened the day at $39.18 as compared to the previous trading day's close of $39.21. Other companies within the Real Estate industry that increased today were: Vestin Realty Mortgage I ( VRTA), up 18.4%, Roberts Realty Investors ( RPI), up 15.4%, Vestin Realty Mortgage II ( VRTB), up 15.0% and Doral Financial ( DRL), up 14.1%.

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Walter Investment Management Corp., together with its subsidiaries, provides business services to the residential mortgage industry in the United States. Walter Investment Management has a market cap of $1.4 billion and is part of the financial sector. Shares are down 8.8% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Walter Investment Management a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Walter Investment Management as a sell. The area that we feel has been the company's primary weakness has been its disappointing return on equity.

On the negative front, Transcontinental Realty Investors ( TCI), down 11.9%, Homex Development ( HXM), down 6.4%, Maui Land & Pineapple Company ( MLP), down 5.3% and Optibase ( OBAS), down 5.0% , were all laggards within the real estate industry with Simon Property Group ( SPG) being today's real estate industry laggard.

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).

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