General Growth Properties Inc (GGP): Today's Featured Real Estate Loser

General Growth Properties ( GGP) pushed the Real Estate industry lower today making it today's featured Real Estate loser. The industry as a whole closed the day up 0.8%. By the end of trading, General Growth Properties fell 12 cents (-0.7%) to $17.10 on heavy volume. Throughout the day, 5.3 million shares of General Growth Properties exchanged hands as compared to its average daily volume of 3.4 million shares. The stock ranged in price between $16.97-$17.20 after having opened the day at $17.15 as compared to the previous trading day's close of $17.22. Other company's within the Real Estate industry that declined today were: SYSWIN ( SYSW), down 4%, Arbor Realty ( ABR), down 3.8%, Alto Palermo ( APSA), down 2.5%, and NTS Realty Holdings ( NLP), down 2.4%.

General Growth Properties, Inc. operates as a real estate investment trust in the United States. It operates in two segments, Retail and Other, and Master Planned Communities. General Growth Properties has a market cap of $15.86 billion and is part of the financial sector. Shares are up 17.1% year to date as of the close of trading on Thursday. Currently there are three analysts that rate General Growth Properties a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates General Growth Properties as a hold. 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, generally poor debt management and poor profit margins.

On the positive front, IRSA Investments and Representations ( IRS), up 11.1%, E-House China Holdings ( EJ), up 8.3%, Power REIT ( PW), up 7.5%, and Stratus Properties ( STRS), up 6.7%, were all gainers within the real estate industry with Simon Property Group ( SPG) being today's featured real estate industry winner.

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).
null

If you liked this article you might like

It's Bizarre That Billionaire Warren Buffett Is Kinda Invested in Dying Sears

Zombieland No More -- These New Retailers Are Invading Dying Malls

ADP Stock Jumps on Report Bill Ackman Is Building Stake

Retail's Downturn Is Hurting Mall Executives' Wallets

America's Shopping Malls Aren't All Dying, They Are Actually Being Reborn