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U.S. Office REITs Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies24
- 7D-1.9%
- 3M9.2%
- 1Y45.7%
- YTD12.9%
Over the last 7 days, the Office REITs industry has dropped 1.9%, driven by declines in Vornado Realty Trust and Kilroy Realty of 2.4% and 3.7%, respectively. In the past year, the industry has gained 46%. Earnings are forecast to grow by 7.5% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | US$57.9b | US$15.7b | -US$817,078,000.00 | 43x | -70.9x | 3.7x |
| Sat, 19 Oct 2024 | US$63.2b | US$15.8b | -US$1,001,892,000.00 | 80.7x | -63.1x | 4x |
| Mon, 16 Sep 2024 | US$57.6b | US$15.8b | -US$1,012,639,000.00 | 75.5x | -56.9x | 3.6x |
| Wed, 14 Aug 2024 | US$50.8b | US$15.8b | -US$1,028,078,000.00 | 64.9x | -49.4x | 3.2x |
| Fri, 12 Jul 2024 | US$46.5b | US$15.8b | -US$1,919,252,000.00 | 51.4x | -24.2x | 3x |
| Sun, 09 Jun 2024 | US$44.7b | US$15.6b | -US$1,919,252,000.00 | 47.6x | -23.3x | 2.9x |
| Tue, 07 May 2024 | US$67.8b | US$18.5b | -US$1,765,636,000.00 | 50.3x | -38.4x | 3.7x |
| Thu, 04 Apr 2024 | US$68.5b | US$18.5b | -US$1,704,925,000.00 | 51.8x | -40.2x | 3.7x |
| Sat, 02 Mar 2024 | US$69.1b | US$18.5b | -US$1,569,529,000.00 | 48.6x | -44x | 3.7x |
| Mon, 29 Jan 2024 | US$71.9b | US$17.9b | -US$1,406,818,000.00 | 39.9x | -51.1x | 4x |
| Wed, 27 Dec 2023 | US$73.2b | US$17.8b | -US$1,303,625,000.00 | 42.1x | -56.2x | 4.1x |
| Fri, 24 Nov 2023 | US$58.7b | US$17.8b | -US$1,303,625,000.00 | 34.1x | -45x | 3.3x |
| Sun, 22 Oct 2023 | US$55.5b | US$18.0b | US$23.1m | 19.9x | 2402.6x | 3.1x |
| Tue, 19 Sep 2023 | US$66.0b | US$18.1b | US$40.9m | 25.2x | 1615x | 3.7x |
| Thu, 17 Aug 2023 | US$64.4b | US$18.1b | US$40.9m | 27.7x | 1576.1x | 3.6x |
| Sat, 15 Jul 2023 | US$65.4b | US$18.0b | US$1.3b | 22x | 49.3x | 3.6x |
| Mon, 12 Jun 2023 | US$61.6b | US$18.0b | US$1.3b | 19.1x | 46.4x | 3.4x |
| Wed, 10 May 2023 | US$58.9b | US$18.1b | US$1.4b | 19.5x | 42.4x | 3.3x |
| Fri, 07 Apr 2023 | US$62.4b | US$18.1b | US$1.7b | 20.5x | 36.2x | 3.5x |
Price to Earnings Ratio
36.2x
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 4.6% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the U.S. Real Estate industry?
| US Market | -1.19% | |
| Real Estate | 0.65% | |
| Office REITs | -1.87% | |
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$77.60 | 1.7% +US$86.0m | 130.1% | PB1.5x | |
| DEI Douglas Emmett | US$18.49 | 2.2% +US$67.0m | 62.2% | PB1.5x | |
| BDN Brandywine Realty Trust | US$5.34 | 2.3% +US$20.7m | 31.9% | PB0.8x | |
| EQC Equity Commonwealth | US$20.09 | 0.7% +US$14.0m | 5.2% | PB0.9x | |
| BXP BXP | US$79.42 | 0.04% +US$4.7m | 47.1% | PB2.2x |