U.S. Real Estate Sector Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies286
- 7D2.1%
- 3M-3.3%
- 1Y-0.6%
- YTD-8.3%
The Real Estate industry is up 3.3% in the last week, with Prologis up 3.9%. Meanwhile, Uniti Group actually underperformed within the industry, shrinking 33% in the last week. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 8.9% annually.
Sector Valuation and Performance
Has the U.S. Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$1.4t | US$308.0b | US$28.6b | 29.3x | 47.9x | 4.4x |
| Sat, 06 Apr 2024 | US$1.4t | US$306.7b | US$27.8b | 30x | 49.8x | 4.5x |
| Mon, 04 Mar 2024 | US$1.4t | US$305.5b | US$28.3b | 29.2x | 50.2x | 4.6x |
| Wed, 31 Jan 2024 | US$1.5t | US$323.4b | US$26.6b | 30.9x | 55.2x | 4.6x |
| Fri, 29 Dec 2023 | US$1.5t | US$323.1b | US$26.5b | 30.9x | 57.5x | 4.7x |
| Sun, 26 Nov 2023 | US$1.4t | US$323.0b | US$26.5b | 28.5x | 51.8x | 4.2x |
| Tue, 24 Oct 2023 | US$1.2t | US$325.3b | US$31.0b | 25.4x | 39.9x | 3.8x |
| Thu, 21 Sep 2023 | US$1.4t | US$325.3b | US$31.5b | 28x | 43.8x | 4.2x |
| Sat, 19 Aug 2023 | US$1.4t | US$323.2b | US$31.2b | 28.7x | 43.9x | 4.2x |
| Mon, 17 Jul 2023 | US$1.4t | US$325.2b | US$34.4b | 25.6x | 42x | 4.4x |
| Wed, 14 Jun 2023 | US$1.4t | US$313.9b | US$35.6b | 24.2x | 38.2x | 4.3x |
| Fri, 12 May 2023 | US$1.3t | US$314.4b | US$34.9b | 23.3x | 38.4x | 4.3x |
| Sun, 09 Apr 2023 | US$1.3t | US$315.9b | US$38.1b | 24.7x | 35.4x | 4.3x |
| Tue, 07 Mar 2023 | US$1.4t | US$315.4b | US$38.1b | 25x | 37x | 4.5x |
| Thu, 02 Feb 2023 | US$1.5t | US$311.2b | US$43.9b | 26.3x | 33.7x | 4.8x |
| Sat, 31 Dec 2022 | US$1.3t | US$311.1b | US$45.2b | 23.3x | 29.6x | 4.3x |
| Mon, 28 Nov 2022 | US$1.4t | US$310.9b | US$44.7b | 24.7x | 31x | 4.5x |
| Wed, 26 Oct 2022 | US$1.3t | US$308.1b | US$41.9b | 24.6x | 30.6x | 4.2x |
| Fri, 23 Sep 2022 | US$1.3t | US$307.5b | US$41.4b | 25.4x | 32.5x | 4.4x |
| Sun, 21 Aug 2022 | US$1.6t | US$309.2b | US$41.8b | 29.5x | 37.2x | 5x |
| Tue, 19 Jul 2022 | US$1.4t | US$294.4b | US$41.1b | 27.3x | 34.9x | 4.9x |
| Thu, 16 Jun 2022 | US$1.4t | US$294.3b | US$41.1b | 26.8x | 33.9x | 4.7x |
| Sat, 14 May 2022 | US$1.5t | US$295.2b | US$41.6b | 30.5x | 36.6x | 5.2x |
| Mon, 11 Apr 2022 | US$1.7t | US$281.3b | US$38.1b | 36.4x | 45.8x | 6.2x |
| Wed, 09 Mar 2022 | US$1.7t | US$285.2b | US$38.3b | 36x | 43.1x | 5.8x |
| Fri, 04 Feb 2022 | US$1.7t | US$267.4b | US$30.8b | 41.1x | 55.1x | 6.3x |
| Sun, 02 Jan 2022 | US$1.8t | US$267.4b | US$30.0b | 44.3x | 61.5x | 6.9x |
| Tue, 30 Nov 2021 | US$1.7t | US$267.9b | US$30.4b | 39.7x | 57.3x | 6.5x |
| Thu, 28 Oct 2021 | US$1.7t | US$250.9b | US$25.4b | 46.9x | 67.5x | 6.8x |
| Sat, 25 Sep 2021 | US$1.6t | US$249.9b | US$23.9b | 45.6x | 68.7x | 6.6x |
| Mon, 23 Aug 2021 | US$1.6t | US$249.2b | US$23.7b | 44.4x | 67.9x | 6.5x |
| Sat, 10 Jul 2021 | US$1.6t | US$247.9b | US$23.9b | 45x | 65.7x | 6.3x |
Price to Earnings Ratio
87.4x
Current Industry PE
- Investors are relatively neutral on the American Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 47.2x.
- The 3-year average PS ratio of 5.1x is higher than the industry's current PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Real Estate sector?
| US Market | 3.30% | |
| Real Estate | 2.15% | |
| Industrial REITs | 3.50% | |
| REITS | 3.01% | |
| Real Estate | 2.71% | |
| Health Care REITs | 2.51% | |
| Residential REITs | 2.48% | |
| Retail REITs | 2.45% | |
| Specialized REITs | 1.60% | |
| Office REITs | 0.52% | |
| Hotel and Resort REITs | -1.07% | |
Industry PE
- Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 30.4%, which is higher than its past year's earnings decline of 0.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings decline of 0.2% per year.
- In contrast, the Residential REITs industry is expected to see its earnings decline by 4.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PLD Prologis | US$105.88 | 3.9% +US$3.7b | -17.3% | PB1.8x | |
| SPG Simon Property Group | US$147.88 | 5.5% +US$2.5b | 38.8% | PB15.7x | |
| DLR Digital Realty Trust | US$140.25 | 1.6% +US$2.2b | 41.9% | PB2.5x | |
| AMT American Tower | US$181.33 | 2.5% +US$2.1b | -7.7% | PB20.9x | |
| BEKE KE Holdings | US$16.47 | 10.2% +US$1.8b | 2.4% | PE24.6x |
