5 Stocks Underperforming Today In The Real Estate Industry

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 57 points (0.4%) at 14,513 as of Wednesday, March 20, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,058 issues advancing vs. 849 declining with 127 unchanged.

The Real Estate industry currently sits up 0.4% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the industry include Boston Properties ( BXP), down 0.9%, Essex Property ( ESS), down 0.7% and Realty Income Corporation ( O), down 0.4%. Top gainers within the industry include CoStar Group ( CSGP), up 1.9%, Jones Lang LaSalle ( JLL), up 1.4%, Weyerhaeuser ( WY), up 1.3%, American Tower ( AMT), up 0.8% and SL Green Realty Corporation ( SLG), up 0.7%.

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

5. Homex Development ( HXM) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Homex Development is down $0.60 (-6.0%) to $9.50 on heavy volume Thus far, 994,651 shares of Homex Development exchanged hands as compared to its average daily volume of 575,700 shares. The stock has ranged in price between $8.83-$10.30 after having opened the day at $10.28 as compared to the previous trading day's close of $10.10.

Desarrolladora Homex, S.A.B. de C.V., a vertically integrated home development company, engages in the development, construction, and sale of affordable entry-level, middle-income, and tourism housing in Mexico, as well as affordable entry-level housing in Brazil. Homex Development has a market cap of $625.1 million and is part of the financial sector. The company has a P/E ratio of 5.1, below the S&P 500 P/E ratio of 17.7. Shares are down 19.1% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Homex Development a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Homex Development as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and poor profit margins. Get the full Homex Development Ratings Report now.

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4. As of noon trading, Icahn ( IEP) is down $1.09 (-1.9%) to $57.30 on heavy volume Thus far, 110,739 shares of Icahn exchanged hands as compared to its average daily volume of 114,300 shares. The stock has ranged in price between $56.27-$59.03 after having opened the day at $58.69 as compared to the previous trading day's close of $58.39.

Icahn Enterprises L.P., through its subsidiaries, engages in investment, automotive, gaming, railcar, food packaging, metals, real estate, and home fashion businesses in the United States and internationally. Icahn has a market cap of $6.2 billion and is part of the financial sector. The company has a P/E ratio of 15.9, below the S&P 500 P/E ratio of 17.7. Shares are up 30.6% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Icahn as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and disappointing return on equity. Get the full Icahn Ratings Report now.

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3. As of noon trading, RLJ Lodging ( RLJ) is down $0.31 (-1.4%) to $21.82 on heavy volume Thus far, 4.4 million shares of RLJ Lodging exchanged hands as compared to its average daily volume of 575,300 shares. The stock has ranged in price between $21.62-$21.94 after having opened the day at $21.85 as compared to the previous trading day's close of $22.13.

RLJ Lodging Trust is an independent equity real estate investment trust. The firm also manages real estate funds. It invests in the real estate markets of the United States. The firm primarily invests in premium-branded, focused service, and compact full-service hotels. RLJ Lodging has a market cap of $2.4 billion and is part of the financial sector. The company has a P/E ratio of 58.4, above 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 Tuesday. Currently there are 4 analysts that rate RLJ Lodging a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates RLJ Lodging as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full RLJ Lodging Ratings Report now.

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2. As of noon trading, Camden Property ( CPT) is down $0.45 (-0.6%) to $69.30 on average volume Thus far, 352,579 shares of Camden Property exchanged hands as compared to its average daily volume of 502,800 shares. The stock has ranged in price between $69.26-$70.01 after having opened the day at $70.01 as compared to the previous trading day's close of $69.75.

Camden Property Trust is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It is engaged in the ownership, development, acquisition, management, and disposition of multifamily residential apartment communities. Camden Property has a market cap of $5.9 billion and is part of the financial sector. The company has a P/E ratio of 37.4, above the S&P 500 P/E ratio of 17.7. Shares are up 2.3% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Camden Property a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Camden 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 impressive record of earnings per share growth. 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 Camden Property Ratings Report now.

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1. As of noon trading, Newcastle Investment Corporation ( NCT) is down $0.34 (-3.0%) to $10.80 on heavy volume Thus far, 7.5 million shares of Newcastle Investment Corporation exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $10.56-$11.25 after having opened the day at $11.25 as compared to the previous trading day's close of $11.14.

Newcastle Investment Corp. operates as a real estate investment and finance company in the United States. Newcastle Investment Corporation has a market cap of $2.9 billion and is part of the financial sector. The company has a P/E ratio of 3.9, below the S&P 500 P/E ratio of 17.7. Shares are up 28.3% year to date as of the close of trading on Tuesday. 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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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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