4 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 13 points (0.1%) at 14,463 as of Wednesday, March 13, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,568 issues advancing vs. 1,298 declining with 138 unchanged.

The Real Estate industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Extra Space Storage ( EXR), up 1.1%. Top gainers within the industry include Strategic Hotels & Resorts ( BEE), up 2.7%, PennyMac Mortgage Investment ( PMT), up 2.5%, W. P. Carey ( WPC), up 0.9%, AvalonBay Communities ( AVB), up 0.8% and Equity Residential ( EQR), up 0.8%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Altisource Portfolio Solutions ( ASPS) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Altisource Portfolio Solutions is down $1.90 (-2.3%) to $81.44 on average volume Thus far, 79,697 shares of Altisource Portfolio Solutions exchanged hands as compared to its average daily volume of 198,400 shares. The stock has ranged in price between $81.33-$83.44 after having opened the day at $83.25 as compared to the previous trading day's close of $83.34.

Altisource Portfolio Solutions S.A., together with its subsidiaries, provides services related to real estate and mortgage portfolio management, asset recovery, and customer relationship management in the United States. Altisource Portfolio Solutions has a market cap of $1.9 billion and is part of the financial sector. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7. Shares are down 4.9% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Altisource Portfolio Solutions a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Altisource Portfolio Solutions as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Altisource Portfolio Solutions Ratings Report now.

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3. As of noon trading, Walter Investment Management ( WAC) is down $0.69 (-1.5%) to $44.42 on light volume Thus far, 129,172 shares of Walter Investment Management exchanged hands as compared to its average daily volume of 524,400 shares. The stock has ranged in price between $44.33-$45.23 after having opened the day at $45.13 as compared to the previous trading day's close of $45.11.

Walter Investment Management Corp., together with its subsidiaries, provides business services to the residential mortgage industry in the United States. Walter Investment Management has a market cap of $1.7 billion and is part of the financial sector. The company has a P/E ratio of 162.1, above the S&P 500 P/E ratio of 17.7. Shares are up 4.9% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Walter Investment Management a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Walter Investment Management as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and impressive record of earnings per share 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 Walter Investment Management Ratings Report now.

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2. As of noon trading, Brookfield Office Properties ( BPO) is down $0.16 (-0.9%) to $16.79 on light volume Thus far, 581,174 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 $16.75-$16.99 after having opened the day at $16.92 as compared to the previous trading day's close of $16.95.

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 $8.6 billion and is part of the financial sector. The company has a P/E ratio of 7.7, below the S&P 500 P/E ratio of 17.7. Shares are down 0.4% year to date as of the close of trading on Tuesday. 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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1. As of noon trading, ARMOUR Residential REIT ( ARR) is down $0.10 (-1.5%) to $6.57 on heavy volume Thus far, 9.8 million shares of ARMOUR Residential REIT exchanged hands as compared to its average daily volume of 8.3 million shares. The stock has ranged in price between $6.49-$6.61 after having opened the day at $6.58 as compared to the previous trading day's close of $6.67.

ARMOUR Residential REIT, Inc. is a real estate investment trust launched and managed by ARMOUR Residential Management LLC. It invests in the real estate markets of the United States. ARMOUR Residential REIT has a market cap of $2.1 billion and is part of the financial sector. The company has a P/E ratio of 6.9, below the S&P 500 P/E ratio of 17.7. Shares are up 4.3% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate ARMOUR Residential REIT a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates ARMOUR Residential REIT as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full ARMOUR Residential REIT 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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