5 Stocks Dragging 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 46 points (-0.3%) at 14,513 as of Wednesday, March 27, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,149 issues advancing vs. 1,749 declining with 144 unchanged.

The Real Estate industry currently sits up 0.1% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include W. P. Carey ( WPC), down 1.1%, and Icahn ( IEP), down 1.0%. Top gainers within the industry include Walter Investment Management ( WAC), up 4.7%, American Tower ( AMT), up 1.6% and American Capital Agency ( AGNC), up 0.8%.

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

5. Alexandria Real Estate Equities ( ARE) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Alexandria Real Estate Equities is down $0.63 (-0.9%) to $70.86 on average volume Thus far, 324,030 shares of Alexandria Real Estate Equities exchanged hands as compared to its average daily volume of 435,900 shares. The stock has ranged in price between $70.20-$71.00 after having opened the day at $71.00 as compared to the previous trading day's close of $71.49.

Alexandria Real Estate Equities, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. Alexandria Real Estate Equities has a market cap of $4.6 billion and is part of the financial sector. The company has a P/E ratio of 68.0, above the S&P 500 P/E ratio of 17.7. Shares are up 3.1% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Alexandria Real Estate Equities a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Alexandria Real Estate Equities as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Alexandria Real Estate Equities Ratings Report now.

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4. As of noon trading, Jones Lang LaSalle ( JLL) is down $1.24 (-1.2%) to $99.45 on light volume Thus far, 93,432 shares of Jones Lang LaSalle exchanged hands as compared to its average daily volume of 310,000 shares. The stock has ranged in price between $98.73-$99.76 after having opened the day at $99.76 as compared to the previous trading day's close of $100.69.

Jones Lang LaSalle Incorporated, a financial and professional services firm, provides integrated real estate and investment management services to owner, occupier, investor, developer clients worldwide. Jones Lang LaSalle has a market cap of $4.3 billion and is part of the financial sector. The company has a P/E ratio of 21.3, above the S&P 500 P/E ratio of 17.7. Shares are up 20.0% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Jones Lang LaSalle a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Jones Lang LaSalle 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 largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Jones Lang LaSalle Ratings Report now.

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3. As of noon trading, Starwood Property ( STWD) is down $0.40 (-1.4%) to $27.80 on light volume Thus far, 420,604 shares of Starwood Property exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $27.78-$28.14 after having opened the day at $28.10 as compared to the previous trading day's close of $28.19.

Starwood Property Trust, Inc. engages in originating, investing in, financing, and managing commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate-related debt investments. Starwood Property has a market cap of $3.8 billion and is part of the financial sector. The company has a P/E ratio of 16.0, below the S&P 500 P/E ratio of 17.7. Shares are up 22.8% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Starwood Property a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Starwood Property as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, 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 Starwood Property Ratings Report now.

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2. As of noon trading, Boston Properties ( BXP) is down $0.42 (-0.4%) to $100.24 on average volume Thus far, 431,548 shares of Boston Properties exchanged hands as compared to its average daily volume of 933,600 shares. The stock has ranged in price between $99.85-$100.79 after having opened the day at $100.18 as compared to the previous trading day's close of $100.66.

Boston Properties, Inc., a real estate investment trust (REIT), together with its subsidiaries, engages in the ownership and development of office properties. Boston Properties has a market cap of $15.3 billion and is part of the financial sector. The company has a P/E ratio of 59.3, 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 are 9 analysts that rate Boston Properties a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Boston Properties as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Boston Properties Ratings Report now.

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1. As of noon trading, Prologis ( PLD) is down $0.28 (-0.7%) to $39.86 on light volume Thus far, 820,329 shares of Prologis exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $39.52-$39.91 after having opened the day at $39.82 as compared to the previous trading day's close of $40.14.

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. Prologis has a market cap of $18.0 billion and is part of the financial sector. Shares are up 10.0% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Prologis a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Prologis as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow. Get the full Prologis Ratings Report now.

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If you are interested in one of these 4 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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