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U.S. Residential REITs Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies21
  • 7D-0.4%
  • 3M2.8%
  • 1Y-7.3%
  • YTD-5.6%

The Residential REITs industry has stayed flat over the last week. Unfortunately though, the industry is down 7.3% over the past 12 months. As for the next few years, earnings are expected to grow by 2.1% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024US$182.2bUS$24.4bUS$4.9b26.9x37.5x7.5x
Mon, 22 Jan 2024US$187.5bUS$24.3bUS$5.5b33.8x34.3x7.7x
Wed, 20 Dec 2023US$191.4bUS$24.3bUS$5.5b34.3x35x7.9x
Fri, 17 Nov 2023US$175.5bUS$24.3bUS$5.5b31x32.1x7.2x
Sun, 15 Oct 2023US$177.7bUS$24.1bUS$5.3b31.6x33.8x7.4x
Tue, 12 Sep 2023US$186.9bUS$24.1bUS$5.3b33x35.5x7.8x
Thu, 10 Aug 2023US$195.0bUS$24.1bUS$5.3b33.6x37.1x8.1x
Sat, 08 Jul 2023US$197.9bUS$23.7bUS$5.6b29.5x35.5x8.4x
Mon, 05 Jun 2023US$193.2bUS$23.7bUS$5.6b29.3x34.7x8.2x
Wed, 03 May 2023US$189.9bUS$23.6bUS$5.9b26.8x32x8.1x
Fri, 31 Mar 2023US$181.5bUS$23.0bUS$5.8b29.3x31.1x7.9x
Price to Earnings Ratio

31.1x


Total Market Cap: US$181.5bTotal Earnings: US$5.8bTotal Revenue: US$23.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Residential REITs Industry Price to Earnings3Y Average 34.1xAprilJulyOctober2024
Current Industry PE
  • Investors are optimistic on the American Residential REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 37.5x which is higher than its 3-year average PE of 34.1x.
  • The industry is trading close to its 3-year average PS ratio of 7.8x.
Past Earnings Growth
  • The earnings for companies in the Residential REITs industry have declined 5.9% per year over the last three years.
  • Meanwhile 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. Real Estate industry?

US Market1.28%
Real Estate0.17%
Residential REITs-0.37%
Single-Family Residential REITs1.52%
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?

CompanyLast Price7D1YValuation
AMH American Homes 4 RentUS$35.242.4%
+US$394.6m
11.8%PB1.9x
INVH Invitation HomesUS$33.281.8%
+US$354.9m
5.5%PB2x
SUI Sun CommunitiesUS$131.391.1%
+US$171.8m
-10.3%PB2.3x
ELS Equity LifeStyle PropertiesUS$66.821.0%
+US$123.7m
-3.6%PB8.7x
EQR Equity ResidentialUS$60.200.3%
+US$64.5m
-5.5%PB2.1x
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Latest News

BHM

US$14.73

Bluerock Homes Trust

7D

10.2%

1Y

-29.9%

AMH

US$35.24

American Homes 4 Rent

7D

2.4%

1Y

11.8%

AIV

US$7.30

Apartment Investment and Management

7D

-4.7%

1Y

-3.2%

ESS

US$229.34

Essex Property Trust

7D

-2.6%

1Y

-0.05%

ELME

US$13.24

Elme Communities

7D

-6.2%

1Y

-30.2%

SUI

US$131.39

Sun Communities

7D

1.1%

1Y

-10.3%

AIRC

US$31.02

Apartment Income REIT

7D

-2.1%

1Y

-19.2%

AVB

US$175.40

AvalonBay Communities

7D

-1.0%

1Y

0.2%

ELS

US$66.82

Equity LifeStyle Properties

7D

1.0%

1Y

-3.6%

MAA

US$126.32

Mid-America Apartment Communities

7D

-2.2%

1Y

-22.9%

CPT

US$94.85

Camden Property Trust

7D

-1.4%

1Y

-18.5%