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U.S. Real Estate Sector Analysis

UpdatedNov 29, 2022
DataAggregated Company Financials
Companies301
  • 7D-1.4%
  • 3M-9.2%
  • 1Y-22.8%
  • YTD-27.2%

Over the last 7 days, the Real Estate industry has dropped 1.4%, driven by declines in Prologis and American Tower of 3.0% and 2.7%, respectively. Overall the industry is down 23% in 12 months. Looking forward, earnings are forecast to grow by 6.5% annually.

Sector Valuation and Performance

Has the U.S. Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022US$1.4tUS$310.8bUS$44.8b24.1x30.2x4.4x
Fri, 28 Oct 2022US$1.3tUS$309.3bUS$42.0b24.9x30.4x4.1x
Sun, 25 Sep 2022US$1.3tUS$307.4bUS$41.4b24.6x32x4.3x
Tue, 23 Aug 2022US$1.5tUS$309.1bUS$41.8b28.6x36.7x5x
Thu, 21 Jul 2022US$1.5tUS$294.5bUS$41.1b28.2x35.5x5x
Sat, 18 Jun 2022US$1.4tUS$294.3bUS$41.1b26.2x33x4.6x
Mon, 16 May 2022US$1.5tUS$295.2bUS$41.6b30.4x36.6x5.2x
Wed, 13 Apr 2022US$1.7tUS$281.3bUS$38.1b36.3x45.2x6.1x
Fri, 11 Mar 2022US$1.7tUS$284.2bUS$38.0b36.2x43.8x5.9x
Sun, 06 Feb 2022US$1.7tUS$267.7bUS$31.2b39.7x53.9x6.3x
Tue, 04 Jan 2022US$1.8tUS$267.4bUS$30.0b43.7x61.1x6.9x
Thu, 02 Dec 2021US$1.7tUS$267.9bUS$30.3b39.4x56.2x6.4x
Sat, 30 Oct 2021US$1.7tUS$253.1bUS$26.5b46.9x65.5x6.8x
Mon, 27 Sep 2021US$1.6tUS$249.9bUS$23.9b45.6x68.7x6.6x
Wed, 25 Aug 2021US$1.6tUS$249.2bUS$23.7b44x67.8x6.4x
Thu, 01 Jul 2021US$1.6tUS$247.9bUS$23.9b45x65.7x6.3x
Sun, 04 Apr 2021US$1.4tUS$223.5bUS$17.9b40.1x78.8x6.3x
Wed, 06 Jan 2021US$1.3tUS$224.7bUS$16.7b40x78.4x5.8x
Sat, 10 Oct 2020US$1.1tUS$214.6bUS$18.6b33.9x61.8x5.3x
Fri, 03 Jul 2020US$1.1tUS$209.5bUS$22.3b32.5x47.9x5.1x
Mon, 06 Apr 2020US$949.9bUS$221.9bUS$28.7b26.6x33.1x4.3x
Thu, 09 Jan 2020US$1.3tUS$227.9bUS$32.8b38.5x39.2x5.6x
Price to Earnings Ratio

39.9x


Total Market Cap: US$1.3tTotal Earnings: US$32.1bTotal Revenue: US$224.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Real Estate Sector Price to Earnings3Y Average 53.8x202020212022
Current Industry PE
  • Investors are pessimistic on the American Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 30.2x which is lower than its 3-year average PE of 53.5x.
  • The 3-year average PS ratio of 5.6x 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 12% 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 Market0.31%
Real Estate-1.41%
Real Estate0.62%
REITS-1.54%
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 90.2x.
    • Analysts are expecting annual earnings growth of 35.0%, which is higher than its past year's earnings growth of 4.6% per year.
  • Investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 52.6x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 4.6% per year.
  • In contrast, the REITS industry is expected to see its earnings grow by 4.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
EQIX EquinixUS$670.962.3%
+US$1.4b
-17.4%PB5.6x
BEKE KE HoldingsUS$15.117.4%
+US$1.3b
-24.5%PB2x
VICI VICI PropertiesUS$33.671.3%
+US$431.0m
23.8%PB1.5x
VTR VentasUS$45.401.6%
+US$287.8m
-3.2%PB1.8x
AVB AvalonBay CommunitiesUS$170.791.1%
+US$264.1m
-28.5%PB2.1x
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Latest News

AMT

US$213.90

American Tower

7D

-2.7%

1Y

-19.9%

GLPI

US$50.97

Gaming and Leisure Properties

7D

0.9%

1Y

11.3%

DLR

US$107.48

Digital Realty Trust

7D

-2.8%

1Y

-36.3%

O

US$61.74

Realty Income

7D

-5.5%

1Y

-11.5%

EXR

US$152.55

Extra Space Storage

7D

-3.2%

1Y

-24.9%

LAMR

US$98.95

Lamar Advertising

7D

2.5%

1Y

-11.7%

VNO

US$24.77

Vornado Realty Trust

7D

2.5%

1Y

-40.4%

WELL

US$66.64

Welltower

7D

-2.3%

1Y

-18.8%

IRM

US$53.27

Iron Mountain

7D

1.3%

1Y

13.7%

VICI

US$33.24

VICI Properties

7D

1.7%

1Y

18.2%

ZG

US$34.79

Zillow Group

7D

3.2%

1Y

-35.8%

PSA

US$288.55

Public Storage

7D

-3.0%

1Y

-13.1%