U.S. REITS Industry Analysis
UpdatedMay 22, 2024
DataAggregated Company Financials
Companies25
- 7D-0.2%
- 3M2.7%
- 1Y-1.6%
- YTD-6.6%
The REITS industry has been flat over the last week, but Empire State Realty Trust has lost 3.7%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to decline by 3.1% per year.
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, 23 May 2024 | US$34.9b | US$6.9b | US$664.0m | 24.3x | 52.5x | 5.1x |
| Sat, 20 Apr 2024 | US$31.9b | US$6.7b | US$818.1m | 24.3x | 39x | 4.8x |
| Mon, 18 Mar 2024 | US$32.7b | US$6.5b | US$887.0m | 27x | 36.9x | 5x |
| Wed, 14 Feb 2024 | US$32.4b | US$6.3b | US$974.4m | 26.2x | 33.3x | 5.1x |
| Fri, 12 Jan 2024 | US$86.4b | US$21.2b | US$876.1m | 25.6x | 98.6x | 4.1x |
| Sun, 10 Dec 2023 | US$82.6b | US$21.3b | US$878.5m | 26.4x | 94.1x | 3.9x |
| Tue, 07 Nov 2023 | US$81.8b | US$21.3b | US$1.0b | 26.2x | 80.8x | 3.8x |
| Thu, 05 Oct 2023 | US$80.3b | US$21.1b | US$1.0b | 21.2x | 78.7x | 3.8x |
| Sat, 02 Sep 2023 | US$83.3b | US$21.1b | US$1.0b | 24.2x | 81.4x | 3.9x |
| Mon, 31 Jul 2023 | US$84.4b | US$21.0b | US$1.2b | 23x | 70.5x | 4x |
| Wed, 28 Jun 2023 | US$148.1b | US$20.9b | US$1.2b | 22.1x | 125.9x | 7.1x |
| Fri, 26 May 2023 | US$81.5b | US$12.2b | US$2.6b | 19.6x | 31.1x | 6.7x |
| Sun, 23 Apr 2023 | US$85.2b | US$12.8b | US$2.1b | 25x | 41.3x | 6.7x |
| Tue, 21 Mar 2023 | US$86.2b | US$12.2b | US$2.7b | 25.9x | 32.4x | 7.1x |
| Thu, 16 Feb 2023 | US$1.4t | US$184.3b | US$41.6b | 26.5x | 32.6x | 7.4x |
| Sat, 14 Jan 2023 | US$1.3t | US$183.4b | US$44.0b | 27.2x | 30.1x | 7.2x |
| Mon, 12 Dec 2022 | US$1.3t | US$183.5b | US$44.0b | 25.9x | 29.2x | 7x |
| Wed, 09 Nov 2022 | US$1.2t | US$182.6b | US$43.4b | 25.7x | 28.3x | 6.7x |
| Fri, 07 Oct 2022 | US$1.2t | US$177.4b | US$40.0b | 25.9x | 29.3x | 6.6x |
| Sun, 04 Sep 2022 | US$1.3t | US$177.4b | US$40.0b | 29.7x | 33.6x | 7.6x |
| Tue, 02 Aug 2022 | US$1.4t | US$171.1b | US$38.3b | 32.8x | 37.3x | 8.4x |
| Thu, 30 Jun 2022 | US$1.3t | US$168.8b | US$38.3b | 31.4x | 34.7x | 7.9x |
| Sat, 28 May 2022 | US$1.5t | US$169.6b | US$38.3b | 33.5x | 38.2x | 8.6x |
| Mon, 25 Apr 2022 | US$1.6t | US$168.3b | US$36.3b | 40.8x | 45x | 9.7x |
| Wed, 23 Mar 2022 | US$1.6t | US$171.1b | US$35.4b | 40.7x | 44.3x | 9.2x |
| Fri, 18 Feb 2022 | US$1.5t | US$169.1b | US$30.3b | 41.7x | 50x | 9x |
| Sun, 16 Jan 2022 | US$1.6t | US$168.1b | US$27.3b | 46.5x | 59x | 9.6x |
| Tue, 14 Dec 2021 | US$1.6t | US$167.9b | US$27.3b | 46.2x | 59.5x | 9.7x |
| Thu, 11 Nov 2021 | US$1.6t | US$170.8b | US$27.1b | 47.2x | 59.3x | 9.4x |
| Sat, 09 Oct 2021 | US$1.5t | US$163.2b | US$20.9b | 52x | 70.7x | 9.1x |
| Mon, 06 Sep 2021 | US$1.5t | US$162.8b | US$21.0b | 51.6x | 73.4x | 9.5x |
| Wed, 04 Aug 2021 | US$1.5t | US$162.7b | US$21.0b | 50.5x | 70.5x | 9.1x |
Price to Earnings Ratio
85.7x
Current Industry PE
- Investors are relatively neutral on the American 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 PE ratio of 54.1x.
- The 3-year average PS ratio of 7.0x is higher than the industry's current PS ratio of 5.1x.
Past Earnings Growth
- The earnings for companies in the REITs industry have declined 65% per year over the last three years,
- Revenues have also declined 64% 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 | 1.25% | |
| Real Estate | 0.43% | |
| REITS | -0.19% | |
| Industrial REITs | 2.08% | |
| Healthcare REITs | 1.10% | |
| Specialized REITs | 0.84% | |
| Residential REITs | -0.12% | |
| Diversified REITs | -0.19% | |
| Retail REITs | -0.43% | |
| Hotel and Resort REITs | -1.04% | |
| Office REITs | -1.89% | |
Industry PE
- Investors are most optimistic about the Diversified REITs industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings decline of 3.1%, which is less than its past year's earnings decline of 10.9%.
Forecasted Growth
- Analysts are most optimistic on the Healthcare REITs industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings growth rate of 23% per year.
- In contrast, the Residential REITs industry is expected to see its earnings decline by 12% 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 | |
|---|---|---|---|---|---|
| GNL Global Net Lease | US$7.75 | 0.6% +US$11.5m | -17.3% | PB0.7x | |
| GIPR Generation Income Properties | US$4.57 | 4.3% +US$1.0m | 9.5% | PB2.1x | |
| CTO CTO Realty Growth | US$17.68 | 0.2% +US$688.4k | 10.7% | PB0.9x | |
| MDRR Medalist Diversified REIT | US$5.79 | 3.7% +US$458.3k | 8.0% | PB0.9x |