5 Stocks Pushing The Real Estate Industry Lower

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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 12,980 as of Tuesday, Dec. 4, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,319 issues advancing vs. 1,553 declining with 162 unchanged.

The Real Estate industry currently sits down 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Parkway Properties ( PKY), down 5.3%, Altisource Portfolio Solutions ( ASPS), down 1.3%, KKR Financial Corporation ( KFN), down 1.2%, CBRE Group ( CBG), down 1.3% and Icahn ( IEP), down 0.7%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Redwood ( RWT) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Redwood is down $0.28 (-1.6%) to $16.52 on average volume Thus far, 248,655 shares of Redwood exchanged hands as compared to its average daily volume of 576,100 shares. The stock has ranged in price between $16.49-$16.83 after having opened the day at $16.80 as compared to the previous trading day's close of $16.79.

Redwood Trust, Inc., a real estate investment trust (REIT), together with its subsidiaries, engages in investing, financing, and managing real estate assets. Redwood has a market cap of $1.4 billion and is part of the financial sector. The company has a P/E ratio of 15.9, below the S&P 500 P/E ratio of 17.7. Shares are up 64.2% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Redwood a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Redwood as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Redwood Ratings Report now.

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4. As of noon trading, Sovran Self Storage ( SSS) is down $0.85 (-1.4%) to $61.45 on light volume Thus far, 76,065 shares of Sovran Self Storage exchanged hands as compared to its average daily volume of 257,500 shares. The stock has ranged in price between $61.16-$61.65 after having opened the day at $61.27 as compared to the previous trading day's close of $62.30.

Sovran Self Storage, Inc. operates as a real estate investment trust (REIT). It engages in the acquisition, ownership, and management of self-storage properties in the United States. Sovran Self Storage has a market cap of $1.9 billion and is part of the financial sector. The company has a P/E ratio of 37.2, above the S&P 500 P/E ratio of 17.7. Shares are up 46.0% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Sovran Self Storage a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Sovran Self Storage as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, expanding profit margins, good cash flow from operations and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Sovran Self Storage Ratings Report now.

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3. As of noon trading, Extra Space Storage ( EXR) is down $0.21 (-0.6%) to $35.60 on light volume Thus far, 138,781 shares of Extra Space Storage exchanged hands as compared to its average daily volume of 690,000 shares. The stock has ranged in price between $35.57-$35.94 after having opened the day at $35.81 as compared to the previous trading day's close of $35.81.

Extra Space Storage, Inc. operates as a real estate investment trust (REIT) in the United States. It engages in property management and development activities that include acquiring, managing, developing, and selling, as well as the rental of self-storage facilities. Extra Space Storage has a market cap of $3.9 billion and is part of the financial sector. The company has a P/E ratio of 36.2, above the S&P 500 P/E ratio of 17.7. Shares are up 45.1% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Extra Space Storage a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Extra Space Storage as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Extra Space Storage Ratings Report now.

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2. As of noon trading, Taubman Centers ( TCO) is down $0.57 (-0.7%) to $77.36 on light volume Thus far, 54,395 shares of Taubman Centers exchanged hands as compared to its average daily volume of 399,900 shares. The stock has ranged in price between $77.36-$78.01 after having opened the day at $77.79 as compared to the previous trading day's close of $77.93.

Taubman Centers, Inc. operates as a real estate investment trust. As of June 30, 2005, the company owned a 63% managing general partner's interest in The Taubman Realty Group Limited Partnership (the operating partnership). Taubman Centers has a market cap of $4.8 billion and is part of the financial sector. The company has a P/E ratio of 53.8, above the S&P 500 P/E ratio of 17.7. Shares are up 25.5% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Taubman Centers a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Taubman Centers as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, compelling growth in net income and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Taubman Centers Ratings Report now.

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1. As of noon trading, Nationstar Mortgage Holdings ( NSM) is down $0.49 (-1.6%) to $29.60 on light volume Thus far, 231,989 shares of Nationstar Mortgage Holdings exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $29.05-$29.86 after having opened the day at $29.08 as compared to the previous trading day's close of $30.09.

National Semiconductor Corporation, a semiconductor company, designs, develops, manufactures, and markets analog and mixed-signal integrated circuits and sub-systems. Nationstar Mortgage Holdings has a market cap of $2.8 billion and is part of the financial sector. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are unchanged year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Nationstar Mortgage Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Nationstar Mortgage Holdings as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Nationstar Mortgage Holdings Ratings Report now.

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If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: 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.

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