3 Stocks Pushing The Real Estate Industry Downward

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 79 points (-0.5%) at 16,635 as of Friday, Aug. 15, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,072 issues advancing vs. 1,895 declining with 174 unchanged.

The Real Estate industry currently sits down 0.2% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include Xinyuan Real Estate ( XIN), down 10.3%, and Nationstar Mortgage Holdings ( NSM), down 2.6%. Top gainers within the industry include Annaly Capital Management ( NLY), up 1.1%, Ocwen Financial ( OCN), up 0.8% and American Tower ( AMT), up 0.7%.

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

3. St Joe ( JOE) is one of the companies pushing the Real Estate industry lower today. As of noon trading, St Joe is down $0.41 (-1.8%) to $21.97 on average volume. Thus far, 388,223 shares of St Joe exchanged hands as compared to its average daily volume of 789,200 shares. The stock has ranged in price between $21.94-$22.42 after having opened the day at $22.35 as compared to the previous trading day's close of $22.38.

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 has a market cap of $2.0 billion and is part of the financial sector. Shares are up 15.3% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates St Joe a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates St Joe as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full St Joe 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.

2. As of noon trading, Sunstone Hotel Investors ( SHO) is down $0.15 (-1.0%) to $14.32 on heavy volume. Thus far, 1.7 million shares of Sunstone Hotel Investors exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $14.27-$14.57 after having opened the day at $14.55 as compared to the previous trading day's close of $14.47.

Sunstone Hotel Investors, Inc. operates as a real estate investment trust. The firm engages in the acquisition, ownership, asset management, renovation, and sale of luxury, upper upscale, and upscale full-service hotels in the United States. Its portfolio also includes mid-scale hotels. Sunstone Hotel Investors has a market cap of $3.0 billion and is part of the financial sector. Shares are up 8.0% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate Sunstone Hotel Investors a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Sunstone Hotel Investors as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, increase in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Sunstone Hotel Investors 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, LaSalle Hotel Properties ( LHO) is down $0.31 (-0.9%) to $35.18 on light volume. Thus far, 217,380 shares of LaSalle Hotel Properties exchanged hands as compared to its average daily volume of 930,000 shares. The stock has ranged in price between $35.00-$35.75 after having opened the day at $35.75 as compared to the previous trading day's close of $35.49.

LaSalle Hotel Properties, a real estate investment trust (REIT), engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the United States. LaSalle Hotel Properties has a market cap of $3.7 billion and is part of the financial sector. Shares are up 15.0% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate LaSalle Hotel Properties a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates LaSalle Hotel Properties as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full LaSalle Hotel Properties 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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