U.S. Office REITs Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies24
- 7D1.7%
- 3M11.5%
- 1Y9.6%
- YTD-1.3%
The Office REITs industry is up 1.7% in the last week, with SL Green Realty up 3.9%. In the last 12 months, the industry was up 9.6%. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the U.S. Office REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | US$50.1b | US$15.8b | -US$1,497,822,000.00 | 53.6x | -33.4x | 3.2x |
| Sun, 23 Jun 2024 | US$45.7b | US$15.8b | -US$1,919,252,000.00 | 48.9x | -23.8x | 2.9x |
| Tue, 21 May 2024 | US$68.5b | US$18.6b | -US$1,732,377,000.00 | 50.7x | -39.6x | 3.7x |
| Thu, 18 Apr 2024 | US$64.5b | US$18.5b | -US$1,704,925,000.00 | 47.8x | -37.8x | 3.5x |
| Sat, 16 Mar 2024 | US$67.7b | US$18.5b | -US$1,715,022,000.00 | 51.7x | -39.5x | 3.7x |
| Mon, 12 Feb 2024 | US$67.1b | US$17.9b | -US$1,907,542,000.00 | 37.4x | -35.2x | 3.8x |
| Wed, 10 Jan 2024 | US$73.1b | US$17.8b | -US$1,303,625,000.00 | 42.1x | -56.1x | 4.1x |
| Fri, 08 Dec 2023 | US$68.1b | US$17.8b | -US$1,303,625,000.00 | 38.2x | -52.2x | 3.8x |
| Sun, 05 Nov 2023 | US$60.5b | US$18.2b | -US$1,198,149,000.00 | 30.3x | -50.5x | 3.3x |
| Tue, 03 Oct 2023 | US$60.2b | US$18.1b | US$40.9m | 21.5x | 1472.5x | 3.3x |
| Thu, 31 Aug 2023 | US$68.3b | US$18.1b | US$40.9m | 28.5x | 1670.5x | 3.8x |
| Sat, 29 Jul 2023 | US$68.1b | US$18.1b | US$797.8m | 24.8x | 85.4x | 3.8x |
| Mon, 26 Jun 2023 | US$57.2b | US$18.0b | US$1.3b | 18.2x | 43.1x | 3.2x |
| Wed, 24 May 2023 | US$58.9b | US$18.0b | US$1.3b | 19.6x | 44.4x | 3.3x |
| Fri, 21 Apr 2023 | US$60.3b | US$18.1b | US$1.7b | 19.3x | 36.2x | 3.3x |
Price to Earnings Ratio
35.4x
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 3.5x.
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.
- Revenues have also declined 4.5% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the U.S. Real Estate industry?
| US Market | -2.42% | |
| Real Estate | -1.21% | |
| Office REITs | 1.68% | |
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 | |
|---|---|---|---|---|---|
| SLG SL Green Realty | US$63.16 | 3.9% +US$153.0m | 77.4% | PB1.2x | |
| CUZ Cousins Properties | US$25.18 | 3.2% +US$120.1m | 7.0% | PB0.9x | |
| HIW Highwoods Properties | US$29.14 | 3.9% +US$115.9m | 18.0% | PB1.3x | |
| CDP COPT Defense Properties | US$27.78 | 3.9% +US$115.8m | 7.9% | PB2.1x | |
| BXP BXP | US$67.91 | 1.0% +US$106.8m | 5.1% | PB1.8x |