3 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 83 points (0.6%) at 13,218 as of Monday, Dec. 17, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,927 issues advancing vs. 999 declining with 148 unchanged.

The Real Estate industry currently sits up 0.9% versus the S&P 500, which is up 0.8%. Top gainers within the industry include Jones Lang LaSalle ( JLL), up 2.0%, American Capital Agency ( AGNC), up 1.7%, Plum Creek Timber ( PCL), up 1.2%, Simon Property Group ( SPG), up 0.8% and Weyerhaeuser ( WY), up 1.0%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Chimera Investment Corporation ( CIM) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Chimera Investment Corporation is down $0.04 (-1.5%) to $2.67 on light volume Thus far, 2.8 million shares of Chimera Investment Corporation exchanged hands as compared to its average daily volume of 8.9 million shares. The stock has ranged in price between $2.67-$2.70 after having opened the day at $2.69 as compared to the previous trading day's close of $2.71.

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. Chimera Investment Corporation has a market cap of $2.8 billion and is part of the financial sector. The company has a P/E ratio of 4.9, below the S&P 500 P/E ratio of 17.7. Shares are up 10.4% year to date as of the close of trading on Friday. Currently there are no analysts that rate Chimera Investment Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Chimera Investment Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and feeble growth in the company's earnings per share. Get the full Chimera Investment Corporation Ratings Report now.

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2. As of noon trading, Digital Realty ( DLR) is down $0.60 (-0.9%) to $65.45 on light volume Thus far, 380,226 shares of Digital Realty exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $65.31-$66.21 after having opened the day at $66.21 as compared to the previous trading day's close of $66.05.

Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. Digital Realty has a market cap of $8.2 billion and is part of the financial sector. The company has a P/E ratio of 45.3, above the S&P 500 P/E ratio of 17.7. Shares are down 0.9% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Digital Realty a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Digital Realty as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Digital Realty Ratings Report now.

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1. As of noon trading, Annaly Capital Management ( NLY) is down $0.19 (-1.3%) to $14.11 on light volume Thus far, 3.9 million shares of Annaly Capital Management exchanged hands as compared to its average daily volume of 15.6 million shares. The stock has ranged in price between $14.11-$14.38 after having opened the day at $14.37 as compared to the previous trading day's close of $14.30.

Annaly Capital Management, Inc., a real estate investment trust, engages in the ownership, management, and financing of a portfolio of investment securities. Annaly Capital Management has a market cap of $14.0 billion and is part of the financial sector. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7. Shares are down 10.2% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Annaly Capital Management a buy, 4 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Annaly Capital Management as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, attractive valuation levels, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Annaly Capital Management 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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