3 Stocks Pushing The Real Estate Industry Lower

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 21 points (-0.1%) at 16,894 as of Friday, July 11, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,379 issues advancing vs. 1,581 declining with 154 unchanged.

The Real Estate industry currently sits down 0.2% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Realogy Holdings ( RLGY), down 1.8%, Ocwen Financial ( OCN), down 0.9%, HCP ( HCP), down 0.9%, Ventas ( VTR), down 0.8% and Host Hotels & Resorts ( HST), down 0.7%. A company within the industry that increased today was Brookfield Property Partners ( BPY), up 0.6%.

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

3. DDR ( DDR) is one of the companies pushing the Real Estate industry lower today. As of noon trading, DDR is down $0.13 (-0.7%) to $17.80 on light volume. Thus far, 829,912 shares of DDR exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $17.74-$17.92 after having opened the day at $17.92 as compared to the previous trading day's close of $17.93.

DDR Corp. is an equity real estate investment trust. It invests in the real estate markets of the United States and Puerto Rico. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. DDR has a market cap of $6.4 billion and is part of the financial sector. Shares are up 16.7% year-to-date as of the close of trading on Thursday. Currently there are 14 analysts that rate DDR a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates DDR as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full DDR Ratings Report now.

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2. As of noon trading, SL Green Realty ( SLG) is down $0.59 (-0.5%) to $109.16 on light volume. Thus far, 159,824 shares of SL Green Realty exchanged hands as compared to its average daily volume of 602,700 shares. The stock has ranged in price between $109.03-$109.96 after having opened the day at $109.26 as compared to the previous trading day's close of $109.75.

SL Green Realty Corp. is a real estate investment trust (REIT). The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It also provides tenant services to its clients. The firm invests in real estate markets of the United States. SL Green Realty has a market cap of $10.4 billion and is part of the financial sector. Shares are up 18.8% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate SL Green Realty a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates SL Green Realty as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, compelling growth in net income, revenue growth, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full SL Green Realty 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.

1. As of noon trading, Public Storage ( PSA) is down $0.91 (-0.5%) to $170.35 on light volume. Thus far, 160,775 shares of Public Storage exchanged hands as compared to its average daily volume of 604,800 shares. The stock has ranged in price between $170.23-$171.66 after having opened the day at $171.36 as compared to the previous trading day's close of $171.26.

Public Storage is an equity real estate investment trust. It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. Public Storage has a market cap of $29.4 billion and is part of the financial sector. Shares are up 13.8% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate Public Storage a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Public Storage as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, expanding profit margins, good cash flow from operations and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Public Storage 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 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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