U.S. Specialized REITs Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies23
- 7D1.6%
- 3M-7.3%
- 1Y-4.9%
- YTD-12.1%
In the last week, the Specialized REITs industry is up 1.6%, with Digital Realty Trust leading the way, up 1.6%. During this same period, the Uniti Group underperformed, falling 33%. However, the industry is down 4.9% over the past year. Looking forward, earnings are forecast to grow by 6.0% annually.
Industry Valuation and Performance
Has the U.S. Specialized REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$432.1b | US$61.1b | US$13.5b | 24.4x | 32x | 7.1x |
| Sat, 06 Apr 2024 | US$447.0b | US$61.0b | US$12.7b | 25.1x | 35.2x | 7.3x |
| Mon, 04 Mar 2024 | US$472.0b | US$61.0b | US$12.7b | 24.7x | 37.2x | 7.7x |
| Wed, 31 Jan 2024 | US$472.6b | US$60.8b | US$11.7b | 30.9x | 40.4x | 7.8x |
| Fri, 29 Dec 2023 | US$489.8b | US$60.9b | US$11.5b | 32.4x | 42.5x | 8x |
| Sun, 26 Nov 2023 | US$446.9b | US$60.9b | US$11.5b | 28.9x | 38.8x | 7.3x |
| Tue, 24 Oct 2023 | US$390.4b | US$60.0b | US$13.5b | 25.8x | 28.9x | 6.5x |
| Thu, 21 Sep 2023 | US$431.0b | US$60.1b | US$13.7b | 27.7x | 31.5x | 7.2x |
| Sat, 19 Aug 2023 | US$428.5b | US$60.1b | US$13.7b | 27.8x | 31.3x | 7.1x |
| Mon, 17 Jul 2023 | US$455.4b | US$60.0b | US$14.6b | 24.6x | 31.3x | 7.6x |
| Wed, 14 Jun 2023 | US$436.7b | US$60.0b | US$14.6b | 23.3x | 30x | 7.3x |
| Fri, 12 May 2023 | US$438.2b | US$60.0b | US$14.6b | 23.6x | 30.1x | 7.3x |
| Sun, 09 Apr 2023 | US$452.1b | US$59.8b | US$15.3b | 28x | 29.6x | 7.6x |
Price to Earnings Ratio
28x
Current Industry PE
- Investors are relatively neutral on the American Specialized REITs 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 34.1x.
- The industry is trading close to its 3-year average PS ratio of 7.3x.
Past Earnings Growth
- The earnings for companies in the Specialized REITs industry have declined 4.0% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Real Estate industry?
| US Market | 3.30% | |
| Real Estate | 2.15% | |
| Specialized REITs | 1.60% | |
| Self-Storage REITs | 2.56% | |
| Telecom Tower REITs | 2.42% | |
| Timber REITs | 1.68% | |
| Data Center REITs | 0.45% | |
Industry PE
- Investors are most optimistic about the Data Center REITs industry even though it's trading below its 3-year average PE ratio of 78.6x.
- Analysts are expecting annual earnings growth of 3.8%, which is lower than the prior year's growth of 137.4% per year.
- Investors are most pessimistic about the Self-Storage REITs industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 23.2x.
Forecasted Growth
- Analysts are most optimistic on the Timber REITs industry, expecting annual earnings growth of 8.8% over the next 5 years.
- This is better than its past earnings decline of 36% per year.
- In contrast, the Data Center REITs industry is expected to see its earnings grow by 3.8% 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 | |
|---|---|---|---|---|---|
| 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 | |
| PSA Public Storage | US$269.02 | 3.4% +US$1.6b | -10.3% | PB8.4x | |
| CCI Crown Castle | US$97.31 | 2.2% +US$903.8m | -18.2% | PB7x | |
| SBAC SBA Communications | US$197.22 | 4.3% +US$787.6m | -16.8% | PE38.2x |