5 Stocks Pushing The Real Estate Industry Higher

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 lower today with the Dow Jones Industrial Average ( ^DJI) trading down 23 points (-0.2%) at 15,060 as of Friday, May 10, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,371 declining with 121 unchanged.

The Real Estate industry currently sits up 0.2% versus the S&P 500, which is unchanged. Top gainers within the industry include Nationstar Mortgage Holdings ( NSM), up 2.2%, Apartment Investment & Management ( AIV), up 1.3%, Kimco Realty ( KIM), up 0.8%, American Campus Communities ( ACC), up 0.9% and Host Hotels & Resorts ( HST), up 0.6%. On the negative front, top decliners within the industry include Franklin Street Properties Corporation ( FSP), down 3.37, Brookfield Residential Properties ( BRP), down 1.46, American Capital Agency ( AGNC), down 1.81, American Tower ( AMT), down 0.63 and Brookfield Office Properties ( BPO), down 0.53.

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

5. Essex Property ( ESS) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Essex Property is up $2.24 (1.41) to $161.34 on average volume Thus far, 100,871 shares of Essex Property exchanged hands as compared to its average daily volume of 268,200 shares. The stock has ranged in price between $158.83-$161.55 after having opened the day at $158.96 as compared to the previous trading day's close of $159.10.

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 $6.0 billion and is part of the financial sector. The company has a P/E ratio of 46.3, above the S&P 500 P/E ratio of 17.7. Shares are up 8.5% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Essex Property a buy, no analysts rate it a sell, and 6 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. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Essex Property Ratings Report now.

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4. As of noon trading, National Retail Properties ( NNN) is up $0.41 (1.01) to $41.17 on average volume Thus far, 725,895 shares of National Retail Properties exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $40.78-$41.27 after having opened the day at $40.91 as compared to the previous trading day's close of $40.76.

National Retail Properties, Inc. is a publicly owned equity real estate investment trust. The firm acquires, owns, manages, and develops retail properties in the United States. National Retail Properties has a market cap of $4.8 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 30.6% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate National Retail Properties a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates National Retail Properties as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full National Retail Properties Ratings Report now.

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3. As of noon trading, UDR ( UDR) is up $0.36 (1.44) to $25.72 on average volume Thus far, 847,712 shares of UDR exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $25.30-$25.74 after having opened the day at $25.40 as compared to the previous trading day's close of $25.36.

UDR, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities. UDR has a market cap of $6.3 billion and is part of the financial sector. Shares are up 6.6% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate UDR a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates UDR as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full UDR Ratings Report now.

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2. As of noon trading, Macerich Company ( MAC) is up $0.50 (0.72) to $70.16 on light volume Thus far, 340,695 shares of Macerich Company exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $69.77-$70.47 after having opened the day at $69.85 as compared to the previous trading day's close of $69.66.

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 37.8, above the S&P 500 P/E ratio of 17.7. Shares are up 19.5% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Macerich Company a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Macerich Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Macerich Company 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.

1. As of noon trading, Realty Income Corporation ( O) is up $0.31 (0.59) to $52.50 on average volume Thus far, 841,970 shares of Realty Income Corporation exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $52.11-$52.53 after having opened the day at $52.20 as compared to the previous trading day's close of $52.19.

Realty Income Corporation engages in the acquisition and ownership of commercial retail real estate properties in the United States. The company leases its retail properties primarily to regional and national retail chain store operators. Realty Income Corporation has a market cap of $10.3 billion and is part of the financial sector. The company has a P/E ratio of 64.8, above the S&P 500 P/E ratio of 17.7. Shares are up 29.8% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Realty Income Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Realty Income Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Realty Income Corporation 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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