Brookfield Office Properties Inc (BPO): Today's Featured Real Estate Loser

Brookfield Office Properties ( BPO) pushed the Real Estate industry lower today making it today's featured Real Estate loser. The industry as a whole closed the day up 0.2%. By the end of trading, Brookfield Office Properties fell 10 cents (-0.6%) to $16.55 on average volume. Throughout the day, 1.7 million shares of Brookfield Office Properties exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in price between $16.49-$16.70 after having opened the day at $16.55 as compared to the previous trading day's close of $16.65. Other company's within the Real Estate industry that declined today were: Capital ( CT), down 7.4%, American Realty Investors ( ARL), down 6.5%, FirstCity Financial Corporation ( FCFC), down 4.8%, and Mission West Properties ( MSW), down 4.5%.

Brookfield Properties Corporation is a publicly owned real estate investment firm. The firm engages in the ownership, development, and management of premier commercial properties. It also provides ancillary real estate service businesses, such as tenant service and amenities. Brookfield Office Properties has a market cap of $8.8 billion and is part of the financial sector. The company has a P/E ratio of 5.5, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 7.5% year to date as of the close of trading on Friday. Currently there are three analysts that rate Brookfield Office Properties a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Brookfield Office Properties as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity.

On the positive front, Bluegreen Corporation ( BXG), up 8.1%, J.W. Mays ( MAYS), up 4.9%, Marlin Business Services ( MRLN), up 4.7%, and Altisource Portfolio Solutions ( ASPS), up 4.4%, were all gainers within the real estate industry with Boston Properties ( BXP) 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).
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