HIW, RHP, MAC, SLG And EQR, 5 Real Estate Stocks Pushing The Industry Lower

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 62 points (-0.4%) at 14,778 as of Wednesday, May 1, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 958 issues advancing vs. 1,966 declining with 114 unchanged.

The Real Estate industry currently sits down 0.72 versus the S&P 500, which is down 0.42. On the negative front, top decliners within the industry include Plum Creek Timber ( PCL), down 1.05, Digital Realty ( DLR), down 1.04, American Capital Agency ( AGNC), down 1.03 and Boston Properties ( BXP), down 0.85. A company within the industry that increased today was China HGS Real Estate ( HGSH), up 8.08.

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

5. Highwoods Properties ( HIW) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Highwoods Properties is down $1.34 (-3.3%) to $39.69 on average volume Thus far, 385,761 shares of Highwoods Properties exchanged hands as compared to its average daily volume of 864,600 shares. The stock has ranged in price between $39.45-$40.88 after having opened the day at $40.70 as compared to the previous trading day's close of $41.03.

Highwoods Properties, Inc. is a real estate investment trust. The trust engages in leasing, management, development, construction, and other customer-related services for its properties and for third parties. It invests in the real estate markets of United States. Highwoods Properties has a market cap of $3.3 billion and is part of the financial sector. The company has a P/E ratio of 67.8, above the S&P 500 P/E ratio of 17.7. Shares are up 22.6% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Highwoods Properties 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 reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Highwoods Properties Ratings Report now.

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4. As of noon trading, Ryman Hospitality Properties ( RHP) is down $1.36 (-3.1%) to $43.10 on light volume Thus far, 371,257 shares of Ryman Hospitality Properties exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $42.91-$44.34 after having opened the day at $44.19 as compared to the previous trading day's close of $44.46.

Ryman Hospitality Properties, Inc. owns and operates hotels in the United States. Ryman Hospitality Properties has a market cap of $2.3 billion and is part of the financial sector. Shares are up 15.6% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Ryman Hospitality Properties as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance 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 Ryman Hospitality Properties Ratings Report now.

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3. As of noon trading, Macerich Company ( MAC) is down $0.75 (-1.1%) to $69.30 on average volume Thus far, 364,370 shares of Macerich Company exchanged hands as compared to its average daily volume of 780,700 shares. The stock has ranged in price between $69.18-$70.36 after having opened the day at $69.92 as compared to the previous trading day's close of $70.05.

The Macerich Company is an independent real estate investment trust. The firm invests in the real estate markets of the United States. Macerich Company has a market cap of $9.6 billion and is part of the financial sector. The company has a P/E ratio of 34.3, above the S&P 500 P/E ratio of 17.7. Shares are up 20.2% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Macerich Company as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, increase in stock price during the past year, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Macerich Company Ratings Report now.

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2. As of noon trading, SL Green Realty Corporation ( SLG) is down $1.58 (-1.7%) to $89.12 on average volume Thus far, 275,705 shares of SL Green Realty Corporation exchanged hands as compared to its average daily volume of 650,200 shares. The stock has ranged in price between $88.88-$90.50 after having opened the day at $90.02 as compared to the previous trading day's close of $90.70.

SL Green Realty Corp. is a real estate investment trust (REIT). The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It also provides tenant services to its clients. The firm invests in real estate markets of the United States. SL Green Realty Corporation has a market cap of $8.1 billion and is part of the financial sector. The company has a P/E ratio of 75.8, above the S&P 500 P/E ratio of 17.7. Shares are up 18.3% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates SL Green Realty Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full SL Green Realty Corporation Ratings Report now.

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1. As of noon trading, Equity Residential ( EQR) is down $1.15 (-2.0%) to $56.91 on average volume Thus far, 988,717 shares of Equity Residential exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $56.76-$58.51 after having opened the day at $58.51 as compared to the previous trading day's close of $58.06.

Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States. Equity Residential has a market cap of $20.6 billion and is part of the financial sector. The company has a P/E ratio of 62.2, above the S&P 500 P/E ratio of 17.7. Shares are up 2.5% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Equity Residential as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. Get the full Equity Residential 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 3 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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