U.S. Real Estate Sector Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies323
- 7D4.8%
- 3M2.5%
- 1Y-0.7%
- YTD2.2%
In the last week, the Real Estate industry is up 4.8%, with Prologis up 7.6%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 9.3% 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 |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | US$1.4t | US$323.0b | US$26.5b | 29.6x | 54.1x | 4.4x |
| Thu, 02 Nov 2023 | US$1.3t | US$326.4b | US$27.4b | 26.1x | 45.8x | 3.8x |
| Sat, 30 Sep 2023 | US$1.3t | US$325.2b | US$31.5b | 26.8x | 41.3x | 4x |
| Mon, 28 Aug 2023 | US$1.4t | US$323.2b | US$31.2b | 28.5x | 44.2x | 4.3x |
| Wed, 26 Jul 2023 | US$1.5t | US$326.2b | US$34.4b | 25.8x | 42.2x | 4.5x |
| Fri, 23 Jun 2023 | US$1.3t | US$314.0b | US$35.5b | 23.3x | 37.8x | 4.3x |
| Sun, 21 May 2023 | US$1.3t | US$314.9b | US$35.5b | 23.4x | 36.9x | 4.2x |
| Tue, 18 Apr 2023 | US$1.4t | US$316.3b | US$37.7b | 24.6x | 36x | 4.3x |
| Thu, 16 Mar 2023 | US$1.3t | US$315.1b | US$38.1b | 23.7x | 35.3x | 4.3x |
| Sat, 11 Feb 2023 | US$1.5t | US$307.0b | US$43.1b | 24.7x | 33.8x | 4.7x |
| Mon, 09 Jan 2023 | US$1.4t | US$311.2b | US$45.2b | 23.4x | 30.1x | 4.4x |
| Wed, 07 Dec 2022 | US$1.4t | US$311.1b | US$45.1b | 24.5x | 30.3x | 4.4x |
| Fri, 04 Nov 2022 | US$1.3t | US$310.1b | US$44.1b | 24.4x | 29.1x | 4.1x |
| Sun, 02 Oct 2022 | US$1.3t | US$307.4b | US$41.4b | 23.8x | 30.8x | 4.1x |
| Tue, 30 Aug 2022 | US$1.5t | US$307.5b | US$41.4b | 28x | 35.9x | 4.8x |
| Thu, 28 Jul 2022 | US$1.5t | US$295.5b | US$40.9b | 29.4x | 36.3x | 5x |
| Sat, 25 Jun 2022 | US$1.4t | US$294.6b | US$41.1b | 27.5x | 35x | 4.9x |
| Mon, 23 May 2022 | US$1.5t | US$295.3b | US$41.6b | 29.2x | 35.8x | 5x |
| Wed, 20 Apr 2022 | US$1.8t | US$280.0b | US$38.1b | 37.2x | 46.2x | 6.3x |
| Fri, 18 Mar 2022 | US$1.7t | US$284.6b | US$38.1b | 36.4x | 44.1x | 5.9x |
| Sun, 13 Feb 2022 | US$1.7t | US$272.1b | US$32.2b | 38.7x | 51.6x | 6.1x |
| Tue, 11 Jan 2022 | US$1.8t | US$268.8b | US$30.1b | 42.6x | 58.6x | 6.6x |
| Thu, 09 Dec 2021 | US$1.8t | US$267.4b | US$30.2b | 42.9x | 59x | 6.7x |
| Sat, 06 Nov 2021 | US$1.8t | US$264.4b | US$29.1b | 43.8x | 60.8x | 6.7x |
| Mon, 04 Oct 2021 | US$1.6t | US$250.0b | US$23.9b | 45.8x | 67.8x | 6.5x |
| Wed, 01 Sep 2021 | US$1.7t | US$249.2b | US$23.7b | 45.4x | 70.5x | 6.7x |
| Thu, 08 Jul 2021 | US$1.6t | US$247.9b | US$23.9b | 45x | 65.7x | 6.3x |
| Wed, 31 Mar 2021 | US$1.4t | US$223.5b | US$17.9b | 40.1x | 78.8x | 6.3x |
| Sat, 02 Jan 2021 | US$1.3t | US$224.7b | US$16.7b | 40x | 78.4x | 5.8x |
Price to Earnings Ratio
78.4x
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 51.3x.
- The 3-year average PS ratio of 5.3x 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 17% per year over the last three years.
- Revenues for these companies have grown 13% 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 | 0.87% | |
| Real Estate | 4.78% | |
| Office REITs | 15.83% | |
| Industrial REITs | 6.91% | |
| Retail REITs | 5.61% | |
| Specialized REITs | 4.37% | |
| Hotel and Resort REITs | 3.98% | |
| Residential REITs | 3.56% | |
| Real Estate | 2.95% | |
| REITS | 2.86% | |
| Health Care REITs | 2.18% | |
Industry PE
- Investors are most optimistic about the Health Care REITs industry which is trading above its 3-year average PE ratio of 343x.
- Analysts are expecting annual earnings growth of 29.4%, which is higher than its past year's earnings decline of 43.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings decline of 23% per year.
- In contrast, the Residential REITs industry is expected to see its earnings decline by 4.9% 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$120.33 | 7.6% +US$7.8b | 5.3% | PB2.1x | |
| CCI Crown Castle | US$118.43 | 10.5% +US$4.9b | -14.6% | PB7.7x | |
| AMT American Tower | US$208.73 | 3.7% +US$3.5b | -3.2% | PB21.5x | |
| SPG Simon Property Group | US$130.85 | 7.5% +US$3.0b | 11.2% | PB14.7x | |
| ARE Alexandria Real Estate Equities | US$119.89 | 14.2% +US$2.6b | -20.4% | PB1.1x |