BRE Properties Inc. (BRE): Today's Featured Financial 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.

BRE Properties ( BRE) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.2%. By the end of trading, BRE Properties fell 50 cents (-1%) to $48.73 on light volume. Throughout the day, 379,740 shares of BRE Properties exchanged hands as compared to its average daily volume of 717,700 shares. The stock ranged in price between $48.48-$49.31 after having opened the day at $49.20 as compared to the previous trading day's close of $49.23. Other companies within the Financial sector that declined today were: Alto Palermo ( APSA), down 9.1%, First Financial Service Corporation ( FFKY), down 8.2%, Unico American Corporation ( UNAM), down 6.8%, and Lake Shore Bancorp ( LSBK), down 6.8%.
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BRE Properties Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It focuses on the development, acquisition, and management of multifamily apartment communities. BRE Properties Inc. BRE Properties has a market cap of $3.76 billion and is part of the real estate industry. The company has a P/E ratio of 28.1, above the S&P 500 P/E ratio of 17.7. Shares are down 3.9% year to date as of the close of trading on Friday. Currently there are four analysts that rate BRE Properties a buy, two analysts rate it a sell, and six rate it a hold.

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

On the positive front, Altisource Residential Corporation ( RESI), up 35.5%, Vestin Realty Mortgage II ( VRTB), up 18%, HMG/Courtland Properties ( HMG), up 13.5%, and Security National Financial Corporation ( SNFCA), up 11.6%, were all gainers within the financial sector with Capital One Financial ( COF) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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