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U.S. Office REITs Industry Analysis

UpdatedApr 19, 2024
DataAggregated Company Financials
Companies25
  • 7D-5.5%
  • 3M-8.7%
  • 1Y4.2%
  • YTD-12.9%

Over the last 7 days, the Office REITs industry has dropped 5.5%, driven by a pullback from Alexandria Real Estate Equities of 6.0%. In the past year, the industry has gained 4.2%. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the U.S. Office REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Apr 2024US$64.7bUS$18.4b-US$1,663,428,000.0048.5x-38.9x3.5x
Sun, 17 Mar 2024US$68.2bUS$18.5b-US$1,715,022,000.0051.7x-39.7x3.7x
Tue, 13 Feb 2024US$68.5bUS$17.9b-US$1,908,775,000.0038.2x-35.9x3.8x
Thu, 11 Jan 2024US$73.1bUS$17.8b-US$1,303,625,000.0042.3x-56.1x4.1x
Sat, 09 Dec 2023US$69.3bUS$17.8b-US$1,303,625,000.0038.6x-53.2x3.9x
Mon, 06 Nov 2023US$60.5bUS$18.2b-US$1,198,149,000.0030.3x-50.5x3.3x
Wed, 04 Oct 2023US$59.7bUS$18.1bUS$40.9m20.6x1461.7x3.3x
Fri, 01 Sep 2023US$67.8bUS$18.1bUS$40.9m28.4x1658.6x3.8x
Sun, 30 Jul 2023US$68.1bUS$18.1bUS$797.8m24.8x85.4x3.8x
Tue, 27 Jun 2023US$60.9bUS$18.0bUS$1.3b19.3x45.9x3.4x
Thu, 25 May 2023US$56.9bUS$18.0bUS$1.3b19.1x42.8x3.2x
Sat, 22 Apr 2023US$60.0bUS$18.1bUS$1.7b19x36x3.3x
Price to Earnings Ratio

35.7x


Total Market Cap: US$61.8bTotal Earnings: US$1.7bTotal Revenue: US$18.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Office REITs Industry Price to Earnings3Y Average 319.8xAprilJulyOctober2024April
Current Industry PE
  • Investors are relatively neutral on the American Office 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 PS ratio of 3.6x.
Past Earnings Growth
  • Total earnings for the Office REITs industry have declined over the last three years, with the industry now making a loss overall.
  • 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-3.65%
Real Estate-4.86%
Office REITs-5.55%
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?

CompanyLast Price7D1YValuation
DEA Easterly Government PropertiesUS$11.420.2%
+US$2.0m
-18.3%PB0.9x
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Latest News

SLG

US$48.52

SL Green Realty

7D

-8.2%

1Y

95.0%

HIW

US$23.96

Highwoods Properties

7D

-4.6%

1Y

3.9%

VNO

US$25.83

Vornado Realty Trust

7D

-9.7%

1Y

68.4%

KRC

US$32.67

Kilroy Realty

7D

-3.9%

1Y

7.5%

BXP

US$58.69

Boston Properties

7D

-5.4%

1Y

12.3%

DEA

US$11.42

Easterly Government Properties

7D

0.2%

1Y

-18.3%

ARE

US$116.51

Alexandria Real Estate Equities

7D

-6.0%

1Y

-5.9%

DEI

US$13.01

Douglas Emmett

7D

-3.6%

1Y

3.8%

CUZ

US$22.04

Cousins Properties

7D

-3.4%

1Y

3.7%