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U.S. REITS Industry Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies194
  • 7D-1.4%
  • 3M1.5%
  • 1Y28.4%
  • YTD31.4%

Over the last 7 days, the REITS industry has dropped 1.4%, driven by a pullback from Simon Property Group of 3.8%. This takes the industry's 12 month performance to a gain of 28%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021US$1.6tUS$170.1bUS$27.2b46.1x
Mon, 25 Oct 2021US$1.6tUS$163.5bUS$22.0b51.9x
Wed, 22 Sep 2021US$1.5tUS$163.2bUS$20.9b49.5x
Fri, 20 Aug 2021US$1.5tUS$163.4bUS$20.9b51x
Fri, 04 Jun 2021US$1.4tUS$150.2bUS$16.0b48.1x
Mon, 08 Mar 2021US$1.2tUS$155.1bUS$15.7b46.2x
Thu, 10 Dec 2020US$1.1tUS$146.7bUS$17.9b40.5x
Wed, 02 Sep 2020US$1.1tUS$150.5bUS$21.4b36.5x
Sat, 06 Jun 2020US$1.0tUS$160.5bUS$27.3b27.8x
Tue, 10 Mar 2020US$1.2tUS$167.1bUS$30.6b35.6x
Mon, 02 Dec 2019US$1.2tUS$166.2bUS$30.0b39.8x
Thu, 05 Sep 2019US$1.2tUS$166.1bUS$31.6b37.1x
Sun, 09 Jun 2019US$1.1tUS$165.7bUS$29.5b36.9x
Sat, 02 Mar 2019US$1.1tUS$162.5bUS$29.6b33.4x
Tue, 04 Dec 2018US$1.0tUS$163.2bUS$29.0b33x
PE Ratio

33x

Total Market Cap: US$1.0tTotal Earnings: US$29.0bTotal Revenue: US$163.2b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 39.0x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the REITs industry have declined 2.2% per year over the last three years, while 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. REITS industry?

Specialized REITs-0.47%
Residential REITs-0.57%
Industrial REITs-0.72%
Diversified REITs-1.56%
Healthcare REITs-2.36%
Retail REITs-3.04%
Office REITs-3.15%
Hotel and Resort REITs-4.80%

Industry PE: Investors are most optimistic about the Residential REITs industry, which is trading close to its 3-year average PE ratio of 60.5x. However analysts are expecting annual earnings growth of 8.2%, which is lower than the prior year's growth of 18% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Office REITs industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 31.0x.

Forecasted Growth: Analysts are most optimistic on the Hotel and Resort REITs industry, expecting annual earnings growth of 84% over the next 5 years. Meanwhile, the Industrial REITs industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
AMT American Tower0.7%+US$860.7m12.3%PB22.1x
DBRG DigitalBridge Group7.1%+US$709.6m85.8%PB4.4x
SBAC SBA Communications1.8%+US$659.2m22.9%PE129.7x
EQIX Equinix0.7%+US$478.1m13.3%PB6.8x
WY Weyerhaeuser1.0%+US$284.6m33.8%PB2.8x
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