Have your own idea? Try our Stock Screener
U.S. REITS Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies23
- 7D1.4%
- 3M0.4%
- 1Y12.6%
- YTD-0.8%
Over the last 7 days, the REITS industry has risen 1.4%, driven by gains from W. P. Carey of 1.9%. This means that the industry has gained 13% over the past year. As for the next few years, earnings are forecast to decline by 2.4% per annum.
Industry Valuation and Performance
Has the U.S. REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | US$36.5b | US$7.0b | US$943.1m | 29.1x | 38.7x | 5.2x |
| Sat, 19 Oct 2024 | US$38.6b | US$7.0b | US$626.3m | 28.3x | 61.7x | 5.5x |
| Mon, 16 Sep 2024 | US$38.6b | US$6.8b | US$580.6m | 28.6x | 66.5x | 5.7x |
| Wed, 14 Aug 2024 | US$35.2b | US$6.9b | US$641.2m | 26.5x | 54.9x | 5.1x |
| Fri, 12 Jul 2024 | US$33.9b | US$6.8b | US$676.6m | 26.3x | 50.1x | 5x |
| Sun, 09 Jun 2024 | US$33.4b | US$6.9b | US$664.0m | 23.9x | 50.3x | 4.9x |
| Tue, 07 May 2024 | US$33.8b | US$6.7b | US$739.8m | 23.4x | 45.6x | 5x |
| Thu, 04 Apr 2024 | US$32.9b | US$6.6b | US$760.5m | 25.5x | 43.3x | 5x |
| Sat, 02 Mar 2024 | US$32.3b | US$6.6b | US$875.8m | 27.9x | 36.9x | 4.9x |
| Mon, 29 Jan 2024 | US$84.7b | US$21.2b | US$889.0m | 24.7x | 95.3x | 4x |
| Wed, 27 Dec 2023 | US$86.0b | US$21.3b | US$878.5m | 28.3x | 97.9x | 4x |
| Fri, 24 Nov 2023 | US$82.3b | US$21.3b | US$878.5m | 23.6x | 93.7x | 3.9x |
| Sun, 22 Oct 2023 | US$79.4b | US$21.1b | US$1.0b | 21.6x | 78.5x | 3.8x |
| Tue, 19 Sep 2023 | US$83.9b | US$21.1b | US$1.0b | 21.7x | 82.1x | 4x |
| Thu, 17 Aug 2023 | US$82.8b | US$21.1b | US$1.1b | 21.8x | 76.9x | 3.9x |
| Sat, 15 Jul 2023 | US$83.9b | US$20.9b | US$1.2b | 23x | 71.3x | 4x |
| Mon, 12 Jun 2023 | US$83.2b | US$12.2b | US$2.6b | 20.6x | 31.7x | 6.8x |
| Wed, 10 May 2023 | US$82.7b | US$12.3b | US$2.7b | 18.5x | 30.4x | 6.7x |
| Fri, 07 Apr 2023 | US$85.0b | US$12.2b | US$2.7b | 25.9x | 31.9x | 7x |
| Sun, 05 Mar 2023 | US$1.3t | US$189.9b | US$38.8b | 26.8x | 33.9x | 6.9x |
| Tue, 31 Jan 2023 | US$1.3t | US$183.3b | US$42.9b | 27x | 31.2x | 7.3x |
| Thu, 29 Dec 2022 | US$1.2t | US$183.5b | US$44.0b | 24.7x | 28x | 6.7x |
| Sat, 26 Nov 2022 | US$1.3t | US$183.4b | US$44.0b | 25.9x | 29.6x | 7.1x |
| Mon, 24 Oct 2022 | US$1.2t | US$178.5b | US$40.3b | 26.5x | 28.7x | 6.5x |
| Wed, 21 Sep 2022 | US$1.3t | US$177.4b | US$40.0b | 28.7x | 32.2x | 7.3x |
| Fri, 19 Aug 2022 | US$1.5t | US$177.4b | US$40.0b | 32.2x | 36.7x | 8.3x |
| Sun, 17 Jul 2022 | US$1.3t | US$168.8b | US$38.3b | 31.3x | 34.9x | 7.9x |
| Tue, 14 Jun 2022 | US$1.3t | US$168.6b | US$38.3b | 30x | 33.4x | 7.6x |
| Thu, 12 May 2022 | US$1.4t | US$169.6b | US$38.4b | 33.4x | 35.8x | 8.1x |
| Sat, 09 Apr 2022 | US$1.6t | US$167.9b | US$35.1b | 42x | 46.3x | 9.7x |
| Mon, 07 Mar 2022 | US$1.6t | US$171.0b | US$35.1b | 41.2x | 44.6x | 9.1x |
| Wed, 02 Feb 2022 | US$1.6t | US$168.7b | US$27.7b | 44.9x | 56.2x | 9.2x |
| Fri, 31 Dec 2021 | US$1.7t | US$167.9b | US$27.3b | 47.9x | 62x | 10.1x |
| Sun, 28 Nov 2021 | US$1.6t | US$170.1b | US$27.2b | 46.1x | 58.3x | 9.3x |
Price to Earnings Ratio
58.3x
Current Industry PE
- Investors are pessimistic on the American REITs 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 38.7x which is lower than its 3-year average PE of 50.9x.
- The 3-year average PS ratio of 6.4x is higher than the industry's current PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the REITs industry have declined 67% per year over the last three years,
- Revenues have also declined 65% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the U.S. Real Estate industry?
| US Market | -1.19% | |
| Real Estate | 0.65% | |
| REITS | 1.38% | |
| Specialized REITs | 1.92% | |
| Diversified REITs | 1.38% | |
| Retail REITs | 1.06% | |
| Industrial REITs | 1.00% | |
| Residential REITs | 0.39% | |
| Healthcare REITs | 0.063% | |
| Office REITs | -1.87% | |
| Hotel and Resort REITs | -3.45% | |
Industry PE
- Investors are most optimistic about the Industrial REITs industry which is trading above its 3-year average PE ratio of 37.8x.
- Analysts are expecting annual earnings growth of 12.9%, which is higher than its past year's earnings growth of 8.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Healthcare REITs industry, expecting annual earnings growth of 23% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Diversified REITs industry is expected to see its earnings decline by 2.4% 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 | |
|---|---|---|---|---|---|
| WPC W. P. Carey | US$56.48 | 1.9% +US$234.2m | -3.3% | PB1.4x | |
| EPRT Essential Properties Realty Trust | US$34.15 | 3.3% +US$191.1m | 44.0% | PB1.9x | |
| ESRT Empire State Realty Trust | US$10.90 | 2.8% +US$50.0m | 24.9% | PB1.8x | |
| AAT American Assets Trust | US$27.84 | 1.8% +US$29.8m | 48.4% | PB1.4x | |
| ALEX Alexander & Baldwin | US$19.47 | 0.7% +US$9.4m | 17.4% | PB1.4x |