5 Real Estate Stocks Pushing The Industry Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Real Estate industry currently sits up 0.6% versus the S&P 500, which is up 0.4%. Top gainers within the industry include Extra Space Storage ( EXR), up 3.1%, HCP ( HCP), up 2.6%, Rayonier ( RYN), up 2.1%, Public Storage ( PSA), up 2.1% and Kimco Realty ( KIM), up 2.1%.

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

5. Boston Properties ( BXP) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Boston Properties is up $1.73 (1.6%) to $106.49 on light volume. Thus far, 282,389 shares of Boston Properties exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $104.05-$106.83 after having opened the day at $104.10 as compared to the previous trading day's close of $104.76.

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 $16.0 billion and is part of the financial sector. The company has a P/E ratio of 66.8, above the S&P 500 P/E ratio of 17.7. Shares are down 0.3% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Boston Properties a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Boston Properties as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Boston Properties Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Equity Residential ( EQR) is up $0.41 (0.7%) to $57.89 on average volume. Thus far, 946,993 shares of Equity Residential exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $57.43-$58.18 after having opened the day at $57.43 as compared to the previous trading day's close of $57.48.

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 $20.9 billion and is part of the financial sector. The company has a P/E ratio of 106.2, above the S&P 500 P/E ratio of 17.7. Shares are up 1.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Equity Residential a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Equity Residential as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins. Get the full Equity Residential Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Prologis ( PLD) is up $0.69 (1.8%) to $38.26 on light volume. Thus far, 1.2 million shares of Prologis exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $37.38-$38.29 after having opened the day at $37.45 as compared to the previous trading day's close of $37.57.

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. Prologis has a market cap of $18.6 billion and is part of the financial sector. Shares are up 3.0% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Prologis a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Prologis as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth and increase in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Prologis Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Weyerhaeuser ( WY) is up $0.49 (1.7%) to $28.59 on light volume. Thus far, 2.1 million shares of Weyerhaeuser exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $28.01-$28.73 after having opened the day at $28.05 as compared to the previous trading day's close of $28.10.

Weyerhaeuser Company, a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. Weyerhaeuser has a market cap of $15.6 billion and is part of the financial sector. The company has a P/E ratio of 31.7, above the S&P 500 P/E ratio of 17.7. Shares are up 2.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Weyerhaeuser a buy, 5 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Weyerhaeuser as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Weyerhaeuser Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Simon Property Group ( SPG) is up $2.94 (1.9%) to $160.59 on light volume. Thus far, 439,576 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $157.65-$160.77 after having opened the day at $157.66 as compared to the previous trading day's close of $157.65.

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 $49.0 billion and is part of the financial sector. The company has a P/E ratio of 46.6, above the S&P 500 P/E ratio of 17.7. Shares are down 0.1% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Simon Property Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Simon Property Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in stock price during the past year 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 Simon Property Group Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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).
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