U.S. REITS Industry Analysis
UpdatedJun 06, 2024
DataAggregated Company Financials
Companies25
- 7D3.6%
- 3M1.9%
- 1Y-7.3%
- YTD-8.9%
In the last week, the REITS industry is up 3.6%, with W. P. Carey leading the way, up 2.3%. In the past year, the industry is down 7.3%. 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 |
|---|---|---|---|---|---|---|
| Thu, 06 Jun 2024 | US$34.0b | US$6.9b | US$664.0m | 24.4x | 51.2x | 4.9x |
| Sat, 04 May 2024 | US$33.1b | US$6.7b | US$740.1m | 23.2x | 44.8x | 4.9x |
| Mon, 01 Apr 2024 | US$34.1b | US$6.6b | US$768.4m | 26.5x | 44.4x | 5.2x |
| Wed, 28 Feb 2024 | US$32.0b | US$6.4b | US$929.3m | 26x | 34.5x | 5x |
| Fri, 26 Jan 2024 | US$84.7b | US$21.2b | US$889.0m | 24.9x | 95.3x | 4x |
| Sun, 24 Dec 2023 | US$86.0b | US$21.3b | US$878.5m | 27.8x | 97.9x | 4x |
| Tue, 21 Nov 2023 | US$81.9b | US$21.3b | US$878.5m | 23.6x | 93.3x | 3.8x |
| Thu, 19 Oct 2023 | US$80.1b | US$21.1b | US$1.0b | 21.3x | 78.4x | 3.8x |
| Sat, 16 Sep 2023 | US$83.7b | US$21.1b | US$1.0b | 23.6x | 81.9x | 4x |
| Mon, 14 Aug 2023 | US$83.9b | US$21.2b | US$1.2b | 21x | 72.7x | 4x |
| Wed, 12 Jul 2023 | US$83.9b | US$20.9b | US$1.2b | 23.1x | 71.4x | 4x |
| Fri, 09 Jun 2023 | US$83.3b | US$12.2b | US$2.6b | 20.6x | 31.7x | 6.8x |
| Sun, 07 May 2023 | US$83.1b | US$12.2b | US$2.7b | 18.4x | 30.5x | 6.8x |
| Tue, 04 Apr 2023 | US$85.2b | US$12.2b | US$2.7b | 25.8x | 32x | 7x |
| Thu, 02 Mar 2023 | US$1.3t | US$189.9b | US$39.2b | 26x | 32.7x | 6.7x |
| Sat, 28 Jan 2023 | US$1.4t | US$183.3b | US$42.9b | 27.4x | 31.5x | 7.4x |
| Mon, 26 Dec 2022 | US$1.3t | US$183.5b | US$44.0b | 25.3x | 28.4x | 6.8x |
| Wed, 23 Nov 2022 | US$1.3t | US$183.4b | US$44.0b | 26x | 29.4x | 7x |
| Fri, 21 Oct 2022 | US$1.1t | US$178.5b | US$40.2b | 26.3x | 28.6x | 6.4x |
| Sun, 18 Sep 2022 | US$1.3t | US$177.4b | US$40.0b | 29.9x | 33x | 7.4x |
| Tue, 16 Aug 2022 | US$1.5t | US$177.3b | US$40.0b | 32.5x | 37.1x | 8.4x |
| Thu, 14 Jul 2022 | US$1.3t | US$168.8b | US$38.3b | 30.8x | 34.6x | 7.9x |
| Sat, 11 Jun 2022 | US$1.3t | US$168.6b | US$38.3b | 31.6x | 35.1x | 8x |
| Mon, 09 May 2022 | US$1.5t | US$169.2b | US$38.4b | 35.3x | 38.2x | 8.7x |
| Wed, 06 Apr 2022 | US$1.6t | US$167.9b | US$35.1b | 42x | 46x | 9.6x |
| Fri, 04 Mar 2022 | US$1.6t | US$168.4b | US$35.1b | 41.1x | 44.2x | 9.2x |
| Sun, 30 Jan 2022 | US$1.5t | US$168.6b | US$28.0b | 44.1x | 55.2x | 9.2x |
| Tue, 28 Dec 2021 | US$1.7t | US$167.9b | US$27.3b | 48.3x | 61.1x | 9.9x |
| Thu, 25 Nov 2021 | US$1.6t | US$170.1b | US$27.2b | 47x | 59.9x | 9.6x |
| Sat, 23 Oct 2021 | US$1.6t | US$163.5b | US$22.0b | 51.9x | 71.4x | 9.6x |
| Mon, 20 Sep 2021 | US$1.5t | US$163.3b | US$20.9b | 50.1x | 72.7x | 9.3x |
| Wed, 18 Aug 2021 | US$1.5t | US$162.2b | US$20.9b | 50.9x | 70.6x | 9.1x |
Price to Earnings Ratio
67.3x
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 53.1x.
- The 3-year average PS ratio of 6.9x 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 68% 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 | 1.36% | |
| Real Estate | 3.50% | |
| REITS | 3.63% | |
| Residential REITs | 5.30% | |
| Retail REITs | 4.79% | |
| Office REITs | 4.20% | |
| Healthcare REITs | 4.06% | |
| Diversified REITs | 3.63% | |
| Industrial REITs | 3.17% | |
| Specialized REITs | 1.88% | |
| Hotel and Resort REITs | 0.97% | |
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 10.8% 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 15% per year.
- In contrast, the Residential REITs industry is expected to see its earnings decline by 11% 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$56.86 | 2.3% +US$275.7m | -19.8% | PB1.4x | |
| EPRT Essential Properties Realty Trust | US$27.74 | 6.0% +US$275.2m | 11.3% | PB1.5x | |
| GNL Global Net Lease | US$7.67 | 7.9% +US$128.7m | -28.6% | PB0.7x | |
| BNL Broadstone Net Lease | US$15.08 | 2.2% +US$62.2m | -8.1% | PB0.9x | |
| AAT American Assets Trust | US$21.83 | 4.4% +US$56.0m | 7.1% | PB1.1x |