5 Real Estate Stocks On The Rise

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 159 points (1.1%) at 15,200 as of Friday, June 7, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,044 issues advancing vs. 871 declining with 122 unchanged.

The Real Estate industry currently sits down 0.40 versus the S&P 500, which is up 1.0%. Top gainers within the industry include Brookfield Residential Properties ( BRP), up 3.3%, and Icahn ( IEP), up 2.6%. On the negative front, top decliners within the industry include American Capital Agency ( AGNC), down 2.67, Annaly Capital Management ( NLY), down 2.04, Camden Property ( CPT), down 1.82, American Campus Communities ( ACC), down 1.72 and Realty Income Corporation ( O), down 1.50.

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

5. CoStar Group ( CSGP) is one of the companies pushing the Real Estate industry higher today. As of noon trading, CoStar Group is up $2.36 (2.09) to $115.47 on light volume Thus far, 19,454 shares of CoStar Group exchanged hands as compared to its average daily volume of 115,800 shares. The stock has ranged in price between $112.48-$115.80 after having opened the day at $114.21 as compared to the previous trading day's close of $113.11.

CoStar Group, Inc. provides information, analytics, and marketing services to the commercial real estate industry in the United States, the United Kingdom, and France. CoStar Group has a market cap of $3.2 billion and is part of the financial sector. The company has a P/E ratio of 1410.8, above the S&P 500 P/E ratio of 17.7. Shares are up 25.6% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate CoStar Group a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates CoStar Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, 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 sub par growth in net income. Get the full CoStar Group Ratings Report now.

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