U.S. Retail REITs Industry Analysis
UpdatedSep 24, 2023
DataAggregated Company Financials
Companies33
- 7D-4.9%
- 3M-2.5%
- 1Y1.6%
- YTD-10.0%
Over the last 7 days, the Retail REITs industry has dropped 4.9%, driven by pullbacks in Realty Income and Simon Property Group of 4.7% and 4.1%, respectively. Meanwhile, Necessity Retail REIT actually outperformed within the industry, gaining 6.6% in the last week. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 3.6% annually.
Industry Valuation and Performance
Has the U.S. Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Sep 2023 | US$163.9b | US$23.8b | US$5.5b | 26.2x | 29.7x | 6.9x |
| Tue, 22 Aug 2023 | US$172.3b | US$23.8b | US$5.5b | 26.7x | 31.2x | 7.2x |
| Thu, 20 Jul 2023 | US$182.3b | US$23.3b | US$5.4b | 26x | 33.8x | 7.8x |
| Sat, 17 Jun 2023 | US$173.4b | US$23.3b | US$5.4b | 24.9x | 32.2x | 7.4x |
| Mon, 15 May 2023 | US$166.4b | US$23.3b | US$5.4b | 23.3x | 30.8x | 7.1x |
| Wed, 12 Apr 2023 | US$170.0b | US$23.0b | US$5.4b | 23.3x | 31.7x | 7.4x |
| Fri, 10 Mar 2023 | US$175.8b | US$23.0b | US$5.4b | 23.3x | 32.7x | 7.7x |
| Sun, 05 Feb 2023 | US$188.3b | US$22.5b | US$4.3b | 26.7x | 43.6x | 8.4x |
| Tue, 03 Jan 2023 | US$174.6b | US$22.5b | US$4.3b | 24.7x | 40.4x | 7.8x |
| Thu, 01 Dec 2022 | US$180.0b | US$22.5b | US$4.3b | 26.7x | 41.7x | 8x |
| Sat, 29 Oct 2022 | US$166.4b | US$21.9b | US$4.4b | 28.7x | 37.5x | 7.6x |
| Mon, 26 Sep 2022 | US$153.6b | US$21.8b | US$4.8b | 24.7x | 31.7x | 7.1x |
| Wed, 24 Aug 2022 | US$177.4b | US$21.7b | US$4.9b | 27.6x | 36.3x | 8.2x |
| Fri, 22 Jul 2022 | US$173.0b | US$20.9b | US$5.2b | 28.2x | 33.5x | 8.3x |
| Sun, 19 Jun 2022 | US$158.5b | US$20.9b | US$5.2b | 25.5x | 30.7x | 7.6x |
| Tue, 17 May 2022 | US$181.5b | US$21.0b | US$5.1b | 30.2x | 35.6x | 8.6x |
| Thu, 14 Apr 2022 | US$194.1b | US$20.1b | US$4.7b | 35x | 41.7x | 9.7x |
| Sat, 12 Mar 2022 | US$186.4b | US$20.6b | US$4.8b | 34.5x | 39x | 9x |
| Mon, 07 Feb 2022 | US$190.8b | US$19.7b | US$4.4b | 41.2x | 43.5x | 9.7x |
| Wed, 05 Jan 2022 | US$209.2b | US$19.6b | US$4.4b | 47.1x | 47.7x | 10.6x |
| Fri, 03 Dec 2021 | US$187.9b | US$19.6b | US$4.4b | 42.7x | 42.9x | 9.6x |
| Sun, 31 Oct 2021 | US$182.8b | US$19.3b | US$2.6b | 48.7x | 71.5x | 9.5x |
| Tue, 28 Sep 2021 | US$170.9b | US$19.2b | US$2.5b | 49.1x | 68.6x | 8.9x |
| Thu, 26 Aug 2021 | US$162.9b | US$19.2b | US$2.5b | 49.7x | 65.4x | 8.5x |
| Fri, 02 Jul 2021 | US$158.8b | US$19.7b | US$2.6b | 48.3x | 61.9x | 8.1x |
| Mon, 05 Apr 2021 | US$140.0b | US$18.8b | US$2.4b | 58.3x | 57.2x | 7.4x |
| Thu, 07 Jan 2021 | US$115.6b | US$19.0b | US$2.3b | 49.6x | 49.6x | 6.1x |
| Wed, 30 Sep 2020 | US$73.8b | US$15.0b | US$1.7b | 33x | 43.1x | 4.9x |
Price to Earnings Ratio
43.1x
Current Industry PE
- Investors are pessimistic on the American Retail 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 29.7x which is lower than its 3-year average PE of 44.3x.
- The 3-year average PS ratio of 7.8x is higher than the industry's current PS ratio of 6.9x.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have grown 48% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Retail REITs compare with similar industries?
| US Market | -3.07% | |
| Real Estate | -4.97% | |
| REITS | -3.87% | |
| Retail REITs | -4.86% | |
| Healthcare REITs | -2.96% | |
| Specialized REITs | -4.13% | |
| Residential REITs | -4.25% | |
| Hotel and Resort REITs | -5.41% | |
| Diversified REITs | -5.48% | |
| Industrial REITs | -5.93% | |
| Office REITs | -9.20% | |
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 | |
|---|---|---|---|---|---|
| RTL Necessity Retail REIT | US$7.61 | 6.6% +US$57.9m | 7.2% | PB0.7x |