3 Stocks Pushing The Real Estate Industry Lower
Two out of the three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading down 7 points (0.0%) at 17,806 as of Friday, Nov. 27, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,737 issues advancing vs. 1,177 declining with 175 unchanged.
The Real Estate industry currently sits up 0.6% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was
(
), up 5.1%. Top gainers within the industry include
(
), up 1.6%,
(
), up 1.3%,
(
), up 1.3%,
(
), up 1.3% and
(
), up 1.3%.
TheStreet would like to highlight 3 stocks pushing the industry lower today:
3.
(
) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Marcus & Millichap is down $1.32 (-3.8%) to $33.20 on light volume. Thus far, 43,915 shares of Marcus & Millichap exchanged hands as compared to its average daily volume of 190,900 shares. The stock has ranged in price between $32.97-$34.62 after having opened the day at $34.60 as compared to the previous trading day's close of $34.52.
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Marcus & Millichap, Inc., a brokerage company, provides investment brokerage and financing services to sellers and buyers of various types and sizes of commercial real estate assets in the United States and Canada. Marcus & Millichap has a market cap of $1.3 billion and is part of the financial sector. Shares are up 3.8% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Marcus & Millichap a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Marcus & Millichap
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Marcus & Millichap Ratings Report
now.
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2. As of noon trading,
Santander Consumer USA Holdings
(
) is down $0.18 (-1.0%) to $17.72 on light volume. Thus far, 116,618 shares of Santander Consumer USA Holdings exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $17.72-$18.00 after having opened the day at $17.97 as compared to the previous trading day's close of $17.91.
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Santander Consumer USA Holdings Inc., a specialized consumer finance company, provides vehicle finance and unsecured consumer lending products in the United States. The company's vehicle finance products and services include retail installment contracts, vehicle leases, and dealer loans. Santander Consumer USA Holdings has a market cap of $6.4 billion and is part of the financial sector. Shares are down 8.7% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Santander Consumer USA Holdings a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Santander Consumer USA Holdings
as a
. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures. Get the full
Santander Consumer USA Holdings Ratings Report
now.
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1. As of noon trading,
(
) is down $0.31 (-1.6%) to $19.71 on light volume. Thus far, 512,414 shares of Ally Financial exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $19.70-$19.96 after having opened the day at $19.96 as compared to the previous trading day's close of $20.02.
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Ally Financial Inc. provides financial products and services primarily to automotive dealers and their customers in the United States. It offers dealer financial services, including a range of financial services and insurance products to automotive dealers and retail customers. Ally Financial has a market cap of $9.6 billion and is part of the financial sector. Shares are down 15.2% year-to-date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Ally Financial a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
Ally Financial
as a
. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the real estate industry could consider
iShares Dow Jones US Real Estate
(
) while those bearish on the real estate industry could consider
ProShares Short Real Estate Fund
(
).