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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 15 points (-0.1%) at 14,074 as of Monday, March 4, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,220 issues advancing vs. 1,591 declining with 184 unchanged.

The Real Estate industry currently sits up 0.7% versus the S&P 500, which is unchanged. Top gainers within the industry include Forestar Group ( FOR), up 12.2%, Icahn ( IEP), up 2.6%, MFA Financial ( MFA), up 1.6%, Weyerhaeuser ( WY), up 1.2% and Vornado Realty ( VNO), up 0.6%.

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

5. St. Joe Corporation ( JOE) is one of the companies pushing the Real Estate industry lower today. As of noon trading, St. Joe Corporation is down $0.32 (-1.5%) to $21.26 on light volume Thus far, 96,471 shares of St. Joe Corporation exchanged hands as compared to its average daily volume of 430,000 shares. The stock has ranged in price between $21.17-$21.55 after having opened the day at $21.53 as compared to the previous trading day's close of $21.58.

The St. Joe Company, together with its subsidiaries, operates as a real estate development company in Florida. The company operates in four segments: Residential Real Estate, Commercial Real Estate, Rural Land Sales, and Forestry. St. Joe Corporation has a market cap of $2.1 billion and is part of the financial sector. The company has a P/E ratio of 318.6, above the S&P 500 P/E ratio of 17.7. Shares are down 3.4% year to date as of the close of trading on Friday. Currently there are no analysts that rate St. Joe Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates St. Joe Corporation as a sell. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity. Get the full St. Joe Corporation Ratings Report now.

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4. As of noon trading, LaSalle Hotel Properties ( LHO) is down $0.50 (-2.0%) to $25.10 on light volume Thus far, 273,342 shares of LaSalle Hotel Properties exchanged hands as compared to its average daily volume of 881,000 shares. The stock has ranged in price between $24.83-$25.18 after having opened the day at $24.90 as compared to the previous trading day's close of $25.60.

LaSalle Hotel Properties, a real estate investment trust (REIT), engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the United States. LaSalle Hotel Properties has a market cap of $2.4 billion and is part of the financial sector. The company has a P/E ratio of 48.8, above the S&P 500 P/E ratio of 17.7. Shares are unchanged year to date as of the close of trading on Friday. Currently there are 5 analysts that rate LaSalle Hotel Properties a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates LaSalle Hotel Properties as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, reasonable valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full LaSalle Hotel Properties Ratings Report now.

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3. As of noon trading, Brookfield Office Properties ( BPO) is down $0.13 (-0.8%) to $16.61 on average volume Thus far, 861,939 shares of Brookfield Office Properties exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $16.61-$16.83 after having opened the day at $16.70 as compared to the previous trading day's close of $16.74.

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 $8.4 billion and is part of the financial sector. The company has a P/E ratio of 7.5, below the S&P 500 P/E ratio of 17.7. Shares are down 1.9% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Brookfield Office Properties a buy, 2 analysts rate it a sell, and 5 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, increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Brookfield Office Properties Ratings Report now.

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2. As of noon trading, Chimera Investment Corporation ( CIM) is down $0.03 (-0.8%) to $3.03 on light volume Thus far, 4.4 million shares of Chimera Investment Corporation exchanged hands as compared to its average daily volume of 12.0 million shares. The stock has ranged in price between $3.01-$3.06 after having opened the day at $3.05 as compared to the previous trading day's close of $3.06.

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. Chimera Investment Corporation has a market cap of $3.1 billion and is part of the financial sector. The company has a P/E ratio of 5.3, below the S&P 500 P/E ratio of 17.7. Shares are up 14.2% 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 buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Chimera Investment Corporation Ratings Report now.

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1. As of noon trading, Essex Property ( ESS) is down $1.12 (-0.8%) to $148.12 on light volume Thus far, 63,669 shares of Essex Property exchanged hands as compared to its average daily volume of 264,900 shares. The stock has ranged in price between $147.54-$149.37 after having opened the day at $148.89 as compared to the previous trading day's close of $149.24.

Essex Property Trust, Inc. operates as a self-administered and self-managed real estate investment trust in the United States. It engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities, as well as commercial properties. Essex Property has a market cap of $5.6 billion and is part of the financial sector. The company has a P/E ratio of 47.4, above the S&P 500 P/E ratio of 17.7. Shares are up 1.6% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Essex Property a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Essex Property as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year, compelling growth in net income, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Essex Property 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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