CommonWealth REIT (CWH): Today's Featured Real Estate Loser
(
) pushed the Real Estate industry lower today making it today's featured Real Estate loser. The industry as a whole closed the day up 0.6%. By the end of trading, CommonWealth REIT fell 15 cents (-0.8%) to $17.65 on average volume. Throughout the day, 534,267 shares of CommonWealth REIT exchanged hands as compared to its average daily volume of 576,300 shares. The stock ranged in price between $17.58-$17.84 after having opened the day at $17.78 as compared to the previous trading day's close of $17.80. Other company's within the Real Estate industry that declined today were:
(
), down 7.5%,
(
), down 6.8%,
(
), down 3.5%, and
Brookfield Residential Properties
(
), down 3.4%.
CommonWealth REIT operates as a real estate investment trust (REIT) in the United States. The company engages in the ownership and operation of real estate properties. Its property portfolio includes office buildings, industrial buildings, and leased industrial land. CommonWealth REIT has a market cap of $1.53 billion and is part of the
sector. The company has a P/E ratio of 63, above the average real estate industry P/E ratio of 43.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 7% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate CommonWealth REIT a buy, one analyst rates it a sell, and three rate it a hold.
TheStreet Ratings rates CommonWealth REIT as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and poor profit margins.
- You can view the full CommonWealth REIT Ratings Report.
On the positive front,
Institutional Financial Markets
(
), up 17.2%,
(
), up 5.1%,
(
), up 4.9%, and
(
), up 4.5%, were all gainers within the real estate industry with
(
) being today's featured real estate industry winner.
- 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.
null
