5 Stocks Pushing The Real Estate Industry Higher

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 50 points (0.4%) at 14,380 as of Friday, March 8, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,811 issues advancing vs. 1,063 declining with 140 unchanged.

The Real Estate industry currently sits up 0.2% versus the S&P 500, which is up 0.2%. A company within the industry that increased today was Brookfield Office Properties ( BPO), up 0.5%. On the negative front, top decliners within the industry include Realty Income Corporation ( O), down 1.2%, Federal Realty Investment ( FRT), down 0.7%, General Growth Properties ( GGP), down 0.5% and Public Storage ( PSA), down 0.5%.

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

5. W. P. Carey ( WPC) is one of the companies pushing the Real Estate industry higher today. As of noon trading, W. P. Carey is up $1.08 (1.8%) to $62.25 on average volume Thus far, 119,787 shares of W. P. Carey exchanged hands as compared to its average daily volume of 233,900 shares. The stock has ranged in price between $61.93-$62.73 after having opened the day at $62.03 as compared to the previous trading day's close of $61.17.

W. P. Carey Inc. is an independent equity real estate investment trust. The firm also provides long-term sale-leaseback and build-to-suit financing for companies. It invests in the real estate markets across the globe. W. P. Carey has a market cap of $4.2 billion and is part of the financial sector. The company has a P/E ratio of 47.7, above the S&P 500 P/E ratio of 17.7. Shares are up 17.4% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates W. P. Carey a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates W. P. Carey as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full W. P. Carey Ratings Report now.

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4. As of noon trading, Lexington Realty ( LXP) is up $0.20 (1.7%) to $12.06 on heavy volume Thus far, 1.1 million shares of Lexington Realty exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $11.97-$12.19 after having opened the day at $12.12 as compared to the previous trading day's close of $11.86.

Lexington Corporate Properties Trust operates as a self-managed and self-administered real estate investment trust (REIT). The company acquires, owns, and manages a portfolio of office, industrial, and retail properties net-leased to corporate tenants in the United States. Lexington Realty has a market cap of $2.2 billion and is part of the financial sector. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 17.7. Shares are up 13.5% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Lexington Realty a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Lexington Realty as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels 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 Lexington Realty Ratings Report now.

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3. As of noon trading, Newcastle Investment Corporation ( NCT) is up $0.14 (1.2%) to $11.33 on light volume Thus far, 1.7 million shares of Newcastle Investment Corporation exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $11.28-$11.40 after having opened the day at $11.37 as compared to the previous trading day's close of $11.19.

Operates as a REIT investing in credit-sensitive real estate securities, including commercial and residential mortgage-backed securities and unsecured REIT debt, mostly rated BBB or BB, which it seeks to match with liabilities with respect to interest rates and maturities. Newcastle 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 3.7, below the S&P 500 P/E ratio of 17.7. Shares are up 28.9% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Newcastle Investment Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Newcastle Investment Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Newcastle Investment Corporation Ratings Report now.

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2. As of noon trading, Vornado Realty ( VNO) is up $1.33 (1.6%) to $84.35 on average volume Thus far, 545,927 shares of Vornado Realty exchanged hands as compared to its average daily volume of 999,400 shares. The stock has ranged in price between $83.50-$84.46 after having opened the day at $83.78 as compared to the previous trading day's close of $83.02.

Vornado Realty Trust is a privately owned real estate investment trust. The trust engages in investment, ownership, and management of commercial real estate. It invests in the real estate markets of United States. The trust primarily invests in office, industrial and retail properties. Vornado Realty has a market cap of $15.5 billion and is part of the financial sector. The company has a P/E ratio of 55.9, above the S&P 500 P/E ratio of 17.7. Shares are up 3.7% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Vornado Realty a buy, no analysts rate it a sell, and 7 rate it a hold.

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

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1. As of noon trading, Host Hotels & Resorts ( HST) is up $0.16 (1.0%) to $16.70 on average volume Thus far, 5.0 million shares of Host Hotels & Resorts exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $16.54-$16.74 after having opened the day at $16.63 as compared to the previous trading day's close of $16.54.

Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. Host Hotels & Resorts has a market cap of $12.0 billion and is part of the financial sector. The company has a P/E ratio of 1650.0, above the S&P 500 P/E ratio of 17.7. Shares are up 5.3% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Host Hotels & Resorts a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Host Hotels & Resorts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year 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 Host Hotels & Resorts 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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