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

Simon Property Group

(

SPG

) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Simon Property Group fell $2.45 (-1.4%) to $173.59 on average volume. Throughout the day, 1,394,787 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1,232,700 shares. The stock ranged in price between $172.81-$175.35 after having opened the day at $175.13 as compared to the previous trading day's close of $176.04. Other companies within the Real Estate industry that declined today were:

China HGS Real Estate

(

HGSH

), down 7.5%,

Homex Development

(

HXM

), down 6.5%,

Icahn

(

IEP

), down 5.4% and

Universal Health Realty Income

(

UHT

), down 5.0%.

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Simon Property Group, Inc. is an independent equity real estate investment trust. It engages in investment, ownership, and management of properties. The firm invests in the real estate markets across the globe. Simon Property Group has a market cap of $55.9 billion and is part of the financial sector. The company has a P/E ratio of 52.2, above the S&P 500 P/E ratio of 17.7. Shares are up 11.4% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Simon Property Group a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Simon Property Group as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Capital

(

CT

), down 6.8%,

Blackstone Mortgate

(

BXMT

), down 6.8%,

Elbit Imaging

(

EMITF

), down 6.6% and

Alto Palermo

(

APSA

), down 5.5% , were all gainers within the real estate industry with

Equity Residential

(

EQR

) being today's featured real estate industry leader.

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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