U.S. Single-Family Residential REITs Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies6
- 7D3.1%
- 3M0.9%
- 1Y-3.3%
- YTDn/a
The Single-Family Residential REITs industry is up 3.1% in the last week, with Sun Communities up 4.7%. However, the industry is down 3.3% over the past year. Looking forward, earnings are forecast to grow by 9.8% annually.
Industry Valuation and Performance
Has the U.S. Single-Family Residential REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | US$65.2b | US$9.1b | US$1.0b | 37.4x | 63.2x | 7.2x |
| Fri, 05 Apr 2024 | US$65.6b | US$9.0b | US$972.9m | 37.4x | 67.4x | 7.3x |
| Sun, 03 Mar 2024 | US$67.8b | US$9.0b | US$973.9m | 39.7x | 69.6x | 7.6x |
| Tue, 30 Jan 2024 | US$64.9b | US$8.8b | US$1.4b | 41.9x | 47.5x | 7.4x |
| Thu, 28 Dec 2023 | US$68.3b | US$8.8b | US$1.4b | 44x | 49.9x | 7.7x |
| Sat, 25 Nov 2023 | US$66.1b | US$8.8b | US$1.4b | 43x | 48.3x | 7.5x |
| Mon, 23 Oct 2023 | US$60.0b | US$8.7b | US$1.3b | 42.3x | 46.5x | 6.9x |
| Wed, 20 Sep 2023 | US$65.2b | US$8.7b | US$1.3b | 45.5x | 51x | 7.5x |
| Fri, 18 Aug 2023 | US$64.9b | US$8.7b | US$1.3b | 45.1x | 50.7x | 7.5x |
| Sun, 16 Jul 2023 | US$68.3b | US$8.6b | US$1.2b | 48.5x | 58.1x | 8x |
| Tue, 13 Jun 2023 | US$65.7b | US$8.6b | US$1.2b | 46.8x | 55.9x | 7.7x |
| Thu, 11 May 2023 | US$67.8b | US$8.6b | US$1.2b | 48.5x | 57.6x | 7.9x |
| Sat, 08 Apr 2023 | US$64.5b | US$8.3b | US$1.1b | 48.1x | 57.6x | 7.7x |
Price to Earnings Ratio
54.3x
Current Industry PE
- Investors are optimistic on the American Single-Family Residential REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 63.2x which is higher than its 3-year average PE of 54.8x.
- The industry is trading close to its 3-year average PS ratio of 7.5x.
Past Earnings Growth
- The earnings for companies in the Single-Family Residential REITs industry have declined 2.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.0% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Single-Family Residential REITs compare with similar industries?
| US Market | 3.31% | |
| Real Estate | 3.33% | |
| Residential REITs | 3.58% | |
| Single-Family Residential REITs | 3.06% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SUI Sun Communities | US$116.50 | 4.7% +US$644.7m | -13.2% | PB2.1x | |
| ELS Equity LifeStyle Properties | US$63.00 | 4.5% +US$505.5m | -8.2% | PB8.1x | |
| INVH Invitation Homes | US$34.98 | 2.3% +US$479.5m | 2.7% | PB2.1x | |
| AMH American Homes 4 Rent | US$36.47 | 1.9% +US$245.4m | 3.5% | PB1.9x | |
| UMH UMH Properties | US$15.72 | -1.3% US$2.6m | 1.3% | PB2.6x |