CBRE Group Inc (CBG): Today's Featured Real Estate Laggard

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.

CBRE Group ( CBG) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 0.7%. By the end of trading, CBRE Group fell 23 cents (-1.3%) to $18.02 on heavy volume. Throughout the day, 8.1 million shares of CBRE Group exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $16.86-$18.12 after having opened the day at $17.47 as compared to the previous trading day's close of $18.25. Other companies within the Real Estate industry that declined today were: Maui Land & Pineapple Company ( MLP), down 14.7%, PMC Commercial ( PCC), down 10%, UMH Properties ( UMH), down 5.2%, and Hersha Hospitality ( HT), down 3.6%.
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CBRE Group, Inc. operates as a commercial real estate services company worldwide. CBRE Group has a market cap of $5.99 billion and is part of the financial sector. The company has a P/E ratio of 24.7, above the average real estate industry P/E ratio of 24 and above the S&P 500 P/E ratio of 17.7. Shares are up 19.9% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate CBRE Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates CBRE Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, W. P. Carey ( WPC), up 8.9%, Marlin Business Services ( MRLN), up 6.6%, Doral Financial ( DRL), up 6.1%, and Roberts Realty Investors ( RPI), up 5.7%, were all gainers within the real estate industry with American Capital Agency ( AGNC) 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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