BRE Properties Inc. (BRE): Today's Featured Real Estate Winner
(
) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day down 1.2%. By the end of trading, BRE Properties Inc rose 43 cents (0.9%) to $50.12 on average volume. Throughout the day, 829,484 shares of BRE Properties Inc exchanged hands as compared to its average daily volume of one million shares. The stock ranged in a price between $48.65-$50.63 after having opened the day at $48.99 as compared to the previous trading day's close of $49.69. Other companies within the Real Estate industry that increased today were:
(
), up 10.9%,
(
), up 6.2%,
(
), up 5.8%, and
(
), up 5.7%.
BRE Properties Inc., a real estate investment trust (REIT), engages in the development, acquisition, and management of multifamily apartment communities in the western United States. BRE Properties Inc has a market cap of $3.6 billion and is part of the
sector. The company has a P/E ratio of 1209, above the average real estate industry P/E ratio of 90.4 and above the S&P 500 P/E ratio of 17.7. Shares are up 15.9% year to date as of the close of trading on Friday.
TheStreet Ratings rates BRE as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins.
- You can view the full BRE Ratings Report.
On the negative front,
(
), down 12.2%,
(
), down 8.4%,
(
), down 7.8%, and
(
), down 7.5%, were all losers within the real estate industry with
(
) being today's real estate industry loser.
- Use our real estate section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
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
(
) while those bearish on the real estate industry could consider
ProShares Short Real Estate Fund
(
).
- Find other investment ideas from our top rated ETFs lists.
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