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.

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