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

.

CIT Group

(

CIT

) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 0.4%. By the end of trading, CIT Group fell 45 cents (-1.2%) to $37.90 on light volume. Throughout the day, 675,356 shares of CIT Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in price between $37.90-$38.53 after having opened the day at $38.46 as compared to the previous trading day's close of $38.35. Other companies within the Real Estate industry that declined today were:

Amrep Corporation

(

AXR

), down 7.7%,

SYSWIN

(

SYSW

), down 6.2%,

American Spectrum Realty

(

AQQ

), down 4.3%, and

IFM Investments

(

CTC

), down 4.3%.

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CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing, leasing products, and other services to small and middle market businesses. CIT Group has a market cap of $7.64 billion and is part of the

financial

sector. Shares are up 10% year to date as of the close of trading on Friday. Currently there are seven analysts that rate CIT Group a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates CIT Group as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income and disappointing return on equity.

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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