GGP, DLR, PSA, BXP And SPG, Pushing Real Estate Industry Downward

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

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 3 points (0.0%) at 14,544 as of Monday, April 22, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,423 issues advancing vs. 1,490 declining with 125 unchanged.

The Real Estate industry currently sits down 0.12 versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include Annaly Capital Management ( NLY), down 1.41, CBRE Group ( CBG), down 0.84, Brookfield Asset Management ( BAM), down 0.73, SL Green Realty Corporation ( SLG), down 0.91 and AvalonBay Communities ( AVB), down 0.62. Top gainers within the industry include Newcastle Investment Corporation ( NCT), up 2.3%, Brookfield Residential Properties ( BRP), up 1.8%, KKR Financial Holdings ( KFN), up 2.3% and Vornado Realty ( VNO), up 0.6%.

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

5. General Growth Properties ( GGP) is one of the companies pushing the Real Estate industry lower today. As of noon trading, General Growth Properties is down $0.11 (-0.5%) to $21.42 on light volume Thus far, 1.2 million shares of General Growth Properties exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $21.26-$21.57 after having opened the day at $21.53 as compared to the previous trading day's close of $21.53.

General Growth Properties, Inc. operates as a real estate investment trust in the United States. It operates in two segments, Retail and Other, and Master Planned Communities. General Growth Properties has a market cap of $19.8 billion and is part of the financial sector. Shares are up 8.5% year to date as of the close of trading on Friday.

TheStreet Ratings rates General Growth Properties as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full General Growth Properties Ratings Report now.

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4. As of noon trading, Digital Realty ( DLR) is down $0.67 (-0.9%) to $73.10 on average volume Thus far, 548,371 shares of Digital Realty exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $72.91-$74.00 after having opened the day at $73.91 as compared to the previous trading day's close of $73.77.

Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. Digital Realty has a market cap of $9.2 billion and is part of the financial sector. The company has a P/E ratio of 48.6, above the S&P 500 P/E ratio of 17.7. Shares are up 8.7% year to date as of the close of trading on Friday.

TheStreet Ratings rates Digital Realty as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations, compelling growth in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Digital Realty Ratings Report now.

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3. As of noon trading, Public Storage ( PSA) is down $1.01 (-0.6%) to $157.79 on light volume Thus far, 119,456 shares of Public Storage exchanged hands as compared to its average daily volume of 684,700 shares. The stock has ranged in price between $157.40-$159.22 after having opened the day at $158.91 as compared to the previous trading day's close of $158.80.

Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. Public Storage has a market cap of $26.9 billion and is part of the financial sector. The company has a P/E ratio of 40.1, above the S&P 500 P/E ratio of 17.7. Shares are up 9.5% year to date as of the close of trading on Friday.

TheStreet Ratings rates Public Storage 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, increase in net income, revenue growth 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 Public Storage Ratings Report now.

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2. As of noon trading, Boston Properties ( BXP) is down $0.80 (-0.7%) to $109.00 on average volume Thus far, 414,813 shares of Boston Properties exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $108.72-$109.98 after having opened the day at $109.88 as compared to the previous trading day's close of $109.80.

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 $16.5 billion and is part of the financial sector. The company has a P/E ratio of 64.2, above the S&P 500 P/E ratio of 17.7. Shares are up 3.8% year to date as of the close of trading on Friday.

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, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Boston Properties Ratings Report now.

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1. As of noon trading, Simon Property Group ( SPG) is down $0.86 (-0.5%) to $175.25 on average volume Thus far, 478,491 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $174.49-$176.69 after having opened the day at $176.41 as compared to the previous trading day's close of $176.11.

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 $53.6 billion and is part of the financial sector. The company has a P/E ratio of 36.6, above the S&P 500 P/E ratio of 17.7. Shares are up 11.4% year to date as of the close of trading on Friday.

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, solid stock price performance, 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.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks 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.
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