3 Stocks Underperforming Today In The Real Estate Industry

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 92 points (0.6%) at 15,993 as of Thursday, Nov. 21, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 2,118 issues advancing vs. 784 declining with 108 unchanged.

The Real Estate industry currently sits up 0.5% versus the S&P 500, which is up 0.6%. A company within the industry that fell today was Forestar Group ( FOR), up 6.4%. Top gainers within the industry include Howard Hughes ( HHC), up 2.6%, Nationstar Mortgage Holdings ( NSM), up 2.2%, Rayonier ( RYN), up 2.1%, Douglas Emmett ( DEI), up 1.9% and LaSalle Hotel Properties ( LHO), up 1.9%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. St. Joe Corporation ( JOE) is one of the companies pushing the Real Estate industry lower today. As of noon trading, St. Joe Corporation is down $0.24 (-1.4%) to $17.58 on average volume. Thus far, 188,685 shares of St. Joe Corporation exchanged hands as compared to its average daily volume of 352,900 shares. The stock has ranged in price between $17.45-$17.86 after having opened the day at $17.85 as compared to the previous trading day's close of $17.82.

The St. Joe Company, together with its subsidiaries, operates as a real estate development company in Florida. The company operates in five segments: Residential Real Estate; Commercial Real Estate; Resorts, Leisure, and Leasing Operations; Forestry; and Rural Land. St. Joe Corporation has a market cap of $1.6 billion and is part of the financial sector. Shares are down 22.8% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate St. Joe Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates St. Joe Corporation as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and a generally disappointing performance in the stock itself. Get the full St. Joe Corporation Ratings Report now.

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

If you liked this article you might like

Bull Market Is Igniting These 4 Stocks: Extra Space Storage, DISH Network and More

Bull Market Is Igniting These 4 Stocks: DISH Network, Extra Space Storage and More

Oct. 22 Premarket Briefing: 10 Things You Should Know

St. Joe (JOE) Flagged As Strong On High Volume

St. Joe (JOE) Strong On High Relative Volume Today