DDR Corp (DDR): Today's Featured Real Estate Laggard

DDR ( DDR) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 0.2%. By the end of trading, DDR fell 16 cents (-1.1%) to $14.81 on light volume. Throughout the day, two million shares of DDR exchanged hands as compared to its average daily volume of 2.7 million shares. The stock ranged in price between $14.76-$15.01 after having opened the day at $14.95 as compared to the previous trading day's close of $14.97. Other companies within the Real Estate industry that declined today were: Elbit Imaging ( EMITF), down 9.1%, Roberts Realty Investors ( RPI), down 7.4%, Alto Palermo ( APSA), down 5%, and Chatham Lodging ( CLDT), down 4.2%.

DDR Corp. operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers. DDR has a market cap of $4.14 billion and is part of the financial sector. Shares are up 16% year to date as of the close of trading on Monday. Currently there are nine analysts that rate DDR a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates DDR as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including 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).
null

If you liked this article you might like

These Stocks Are Ready to Reverse Course

A Perpetual Option With a Huge Yield

The (Easier) Way to 100% Gains

Analysts' Actions -- Citizens Financial, Expedia, First Solar, Jack in the Box and More

Go With Those in the Know