Simon Property Group Inc (SPG): Today's Featured Real Estate Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Simon Property Group ( SPG) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Simon Property Group fell $1.87 (-1.2%) to $148.23 on average volume. Throughout the day, 1,182,755 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1,293,300 shares. The stock ranged in price between $147.50-$150.71 after having opened the day at $148.86 as compared to the previous trading day's close of $150.10. Other companies within the Real Estate industry that declined today were: IFM Investments ( CTC), down 11.8%, One Liberty Properties ( OLP), down 4.2%, Zillow ( Z), down 4.2% and Arlington Asset Investment ( AI), down 3.5%.

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 $46.5 billion and is part of the financial sector. Shares are down 5.1% year to date as of the close of trading on Friday. 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 increase in net income, revenue growth, good cash flow from operations, expanding profit margins and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Brookfield Office Properties ( BPO), up 13.7%, InnSuites Hospitality ( IHT), up 7.4%, HMG/Courtland Properties ( HMG), up 3.5% and Stratus Properties ( STRS), up 3.4%.

For investors not wanting singular stock exposure, 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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