U.S. REITS Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies25
- 7D-4.9%
- 3M0.6%
- 1Y-4.0%
- YTD-11.1%
Over the last 7 days, the REITS industry has dropped 4.9%, driven by a pullback from W. P. Carey of 6.5%. Overall the industry is down 4.0% in 12 months. Looking forward, earnings are expected to remain mostly flat in the next few years.
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 |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | US$33.6b | US$6.9b | US$664.0m | 23.4x | 50.6x | 4.9x |
| Fri, 26 Apr 2024 | US$32.6b | US$6.7b | US$817.8m | 23.2x | 39.9x | 4.9x |
| Sun, 24 Mar 2024 | US$32.9b | US$6.5b | US$903.8m | 25.4x | 36.5x | 5.1x |
| Tue, 20 Feb 2024 | US$33.2b | US$6.3b | US$988.2m | 26.6x | 33.6x | 5.3x |
| Thu, 18 Jan 2024 | US$85.5b | US$21.2b | US$876.1m | 24.7x | 97.6x | 4x |
| Sat, 16 Dec 2023 | US$85.8b | US$21.3b | US$878.5m | 28.2x | 97.6x | 4x |
| Mon, 13 Nov 2023 | US$80.7b | US$21.3b | US$863.0m | 25x | 93.5x | 3.8x |
| Wed, 11 Oct 2023 | US$80.0b | US$21.1b | US$1.0b | 21.5x | 78.3x | 3.8x |
| Fri, 08 Sep 2023 | US$82.9b | US$21.1b | US$1.0b | 23.6x | 81.1x | 3.9x |
| Sun, 06 Aug 2023 | US$84.1b | US$21.1b | US$1.2b | 21.3x | 72.7x | 4x |
| Tue, 04 Jul 2023 | US$148.7b | US$20.9b | US$1.2b | 22.4x | 126.4x | 7.1x |
| Thu, 01 Jun 2023 | US$81.9b | US$12.2b | US$2.6b | 19.6x | 31.2x | 6.7x |
| Sat, 29 Apr 2023 | US$83.3b | US$12.3b | US$2.6b | 20.6x | 31.6x | 6.8x |
| Mon, 27 Mar 2023 | US$85.4b | US$12.2b | US$2.7b | 25.6x | 32.1x | 7x |
| Wed, 22 Feb 2023 | US$1.3t | US$185.6b | US$40.2b | 26.1x | 32.8x | 7.1x |
| Fri, 20 Jan 2023 | US$1.3t | US$183.4b | US$44.0b | 26.8x | 29.6x | 7.1x |
| Sun, 18 Dec 2022 | US$1.3t | US$183.3b | US$44.0b | 25.2x | 28.5x | 6.8x |
| Tue, 15 Nov 2022 | US$1.3t | US$183.3b | US$43.7b | 25.5x | 29.1x | 6.9x |
| Thu, 13 Oct 2022 | US$1.1t | US$177.8b | US$39.9b | 25.7x | 28.5x | 6.4x |
| Sat, 10 Sep 2022 | US$1.4t | US$177.4b | US$40.0b | 30.5x | 35x | 7.9x |
| Mon, 08 Aug 2022 | US$1.4t | US$176.6b | US$39.9b | 31.2x | 35.6x | 8x |
| Wed, 06 Jul 2022 | US$1.3t | US$168.8b | US$38.3b | 30.7x | 35.1x | 8x |
| Fri, 03 Jun 2022 | US$1.4t | US$169.9b | US$38.1b | 33.7x | 37.5x | 8.4x |
| Sun, 01 May 2022 | US$1.5t | US$164.5b | US$36.0b | 37.6x | 41.3x | 9x |
| Tue, 29 Mar 2022 | US$1.6t | US$168.6b | US$35.7b | 41.6x | 44.7x | 9.4x |
| Thu, 24 Feb 2022 | US$1.5t | US$170.4b | US$32.3b | 39.8x | 46.4x | 8.8x |
| Sat, 22 Jan 2022 | US$1.5t | US$168.4b | US$28.2b | 43.7x | 54.8x | 9.2x |
| Mon, 20 Dec 2021 | US$1.6t | US$167.9b | US$27.3b | 46.1x | 59.4x | 9.6x |
| Wed, 17 Nov 2021 | US$1.6t | US$170.9b | US$27.0b | 47.9x | 60x | 9.5x |
| Fri, 15 Oct 2021 | US$1.5t | US$163.2b | US$20.9b | 51.1x | 72.8x | 9.3x |
| Sun, 12 Sep 2021 | US$1.5t | US$162.8b | US$21.0b | 48.9x | 70.5x | 9.1x |
| Tue, 10 Aug 2021 | US$1.5t | US$162.2b | US$20.9b | 51x | 70.3x | 9.1x |
Price to Earnings Ratio
85.7x
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 50.6x which is lower than its 3-year average PE of 54.0x.
- The 3-year average PS ratio of 7.0x is higher than the industry's current PS ratio of 4.9x.
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 | -0.58% | |
| Real Estate | -3.58% | |
| REITS | -4.87% | |
| Healthcare REITs | -1.18% | |
| Hotel and Resort REITs | -1.35% | |
| Retail REITs | -3.09% | |
| Residential REITs | -3.51% | |
| Industrial REITs | -4.54% | |
| Specialized REITs | -4.80% | |
| Diversified REITs | -4.87% | |
| Office REITs | -5.50% | |
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 growth of 0.7%, which is higher than its past year's earnings decline of 10.9% per year.
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 | |
|---|---|---|---|---|---|
| MDRR Medalist Diversified REIT | US$5.85 | 3.7% +US$469.5k | 7.6% | PB1x | |
| GIPR Generation Income Properties | US$4.56 | 1.9% +US$460.7k | 9.9% | PB2.1x |