5 Real Estate Stocks Dragging The Industry Down

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 36 points (0.3%) at 14,562 as of Thursday, March 28, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,626 issues advancing vs. 1,256 declining with 162 unchanged.

The Real Estate industry currently sits up 0.4% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was American Tower ( AMT), up 0.5%. Top gainers within the industry include Plum Creek Timber ( PCL), up 1.1%, Annaly Capital Management ( NLY), up 0.8% and Boston Properties ( BXP), up 0.8%.

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

5. Icahn ( IEP) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Icahn is down $1.42 (-2.6%) to $54.30 on heavy volume Thus far, 174,629 shares of Icahn exchanged hands as compared to its average daily volume of 127,800 shares. The stock has ranged in price between $54.00-$55.97 after having opened the day at $55.47 as compared to the previous trading day's close of $55.72.

Icahn Enterprises L.P. engages in the investment, automotive, gaming, railcar, food packaging, metals, real estate, and home fashion businesses in the United States and internationally. Its Investment segment provides investment advisory, and administrative and back office services. Icahn has a market cap of $6.1 billion and is part of the financial sector. The company has a P/E ratio of 15.1, below the S&P 500 P/E ratio of 17.7. Shares are up 26.4% year to date as of the close of trading on Wednesday.

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.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

4. As of noon trading, Camden Property ( CPT) is down $0.60 (-0.9%) to $68.56 on average volume Thus far, 266,316 shares of Camden Property exchanged hands as compared to its average daily volume of 517,900 shares. The stock has ranged in price between $68.47-$69.34 after having opened the day at $69.15 as compared to the previous trading day's close of $69.16.

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 $6.1 billion and is part of the financial sector. The company has a P/E ratio of 37.0, above the S&P 500 P/E ratio of 17.7. Shares are up 1.4% year to date as of the close of trading on Wednesday. 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Camden Property Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

3. As of noon trading, Essex Property ( ESS) is down $0.95 (-0.6%) to $149.90 on light volume Thus far, 87,374 shares of Essex Property exchanged hands as compared to its average daily volume of 254,800 shares. The stock has ranged in price between $149.24-$151.12 after having opened the day at $150.74 as compared to the previous trading day's close of $150.85.

Essex Property Trust, Inc. operates as a self-administered and self-managed real estate investment trust in the United States. It engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities, as well as commercial properties. Essex Property has a market cap of $5.7 billion and is part of the financial sector. The company has a P/E ratio of 47.9, above the S&P 500 P/E ratio of 17.7. Shares are up 2.9% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Essex Property a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Essex Property as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Essex Property Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

2. As of noon trading, DDR ( DDR) is down $0.14 (-0.8%) to $17.45 on average volume Thus far, 1.1 million shares of DDR exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $17.43-$17.66 after having opened the day at $17.65 as compared to the previous trading day's close of $17.59.

DDR Corp. operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers. DDR has a market cap of $5.5 billion and is part of the financial sector. Shares are up 12.3% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate DDR a buy, no analysts rate it a sell, and 5 rate it a hold.

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

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

1. As of noon trading, Simon Property Group ( SPG) is down $0.88 (-0.6%) to $158.32 on average volume Thus far, 412,510 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $158.25-$160.00 after having opened the day at $159.40 as compared to the previous trading day's close of $159.20.

Simon Property Group, Inc. is an independent equity real estate investment trust. It engages in investment, ownership, and management of properties. The firm invests in the real estate markets across the globe. Simon Property Group has a market cap of $50.0 billion and is part of the financial sector. The company has a P/E ratio of 33.8, above the S&P 500 P/E ratio of 17.7. Shares are up 0.7% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Simon Property Group a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Simon Property Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, increase in stock price during the past year, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Simon Property Group Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

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.

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%