3 Real Estate Stocks Moving The Industry Upward

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 14 points (0.1%) at 16,515 as of Thursday, April 24, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,645 issues advancing vs. 1,332 declining with 182 unchanged.

The Real Estate industry currently sits up 0.1% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Nationstar Mortgage Holdings ( NSM), up 2.9%, KKR Financial Holdings ( KFN), up 2.7%, SL Green Realty ( SLG), up 2.2%, Icahn ( IEP), up 2.0% and Ocwen Financial ( OCN), up 1.2%. On the negative front, top decliners within the industry include CoStar Group ( CSGP), down 4.3%, Pennsylvania Real Estate Investment ( PEI), down 2.7% and First Industrial Realty ( FR), down 1.7%.

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

3. Realty Income ( O) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Realty Income is up $0.47 (1.1%) to $42.75 on light volume. Thus far, 754,946 shares of Realty Income exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $42.25-$42.84 after having opened the day at $42.35 as compared to the previous trading day's close of $42.28.

Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California. Realty Income has a market cap of $9.4 billion and is part of the financial sector. Shares are up 13.3% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate Realty Income a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Realty Income as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Realty Income Ratings Report now.

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2. As of noon trading, Host Hotels & Resorts ( HST) is up $0.16 (0.7%) to $21.16 on average volume. Thus far, 3.0 million shares of Host Hotels & Resorts exchanged hands as compared to its average daily volume of 6.9 million shares. The stock has ranged in price between $21.06-$21.32 after having opened the day at $21.08 as compared to the previous trading day's close of $21.00.

Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. Host Hotels & Resorts has a market cap of $16.0 billion and is part of the financial sector. Shares are up 8.0% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts who rate Host Hotels & Resorts a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Host Hotels & Resorts as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Host Hotels & Resorts 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, Essex Property ( ESS) is up $1.34 (0.8%) to $170.13 on light volume. Thus far, 103,978 shares of Essex Property exchanged hands as compared to its average daily volume of 858,900 shares. The stock has ranged in price between $168.50-$170.38 after having opened the day at $168.66 as compared to the previous trading day's close of $168.79.

Essex Property Trust, Inc. operates as a self-administered and self-managed real estate investment trust in the United States. It engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities, as well as commercial properties. Essex Property has a market cap of $6.6 billion and is part of the financial sector. Shares are up 17.6% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate Essex Property a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Essex Property as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, 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 Essex Property 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 3 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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