BRE Properties Inc. (BRE): 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.

BRE Properties ( BRE) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 0.4%. By the end of trading, BRE Properties fell $1.35 (-2.3%) to $57.99 on heavy volume. Throughout the day, 1,910,536 shares of BRE Properties exchanged hands as compared to its average daily volume of 745,500 shares. The stock ranged in price between $57.90-$59.39 after having opened the day at $58.69 as compared to the previous trading day's close of $59.34. Other companies within the Real Estate industry that declined today were: Vestin Realty Mortgage II ( VRTB), down 5.0%, Stag Industrial ( STAG), down 3.2%, Rouse Properties ( RSE), down 3.1% and Forest City ( FCE.A), down 2.9%.

BRE Properties Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It focuses on the development, acquisition, and management of multifamily apartment communities. BRE Properties Inc. BRE Properties has a market cap of $4.6 billion and is part of the financial sector. The company has a P/E ratio of 27.3, above the S&P 500 P/E ratio of 17.7. Shares are up 16.7% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate BRE Properties a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates BRE Properties as a buy. 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, compelling growth in net income, revenue growth and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Gaming and Leisure Properties ( GLPI), up 9.0%, China Housing & Land Development ( CHLN), up 5.3%, American Realty Investors ( ARL), up 4.4% and Desarrolladora Homex SAB de CV ADR ( HXM), up 4.1% , were all gainers within the real estate industry with American Capital Agency ( AGNC) being today's featured real estate industry leader.

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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