U.S. Retail REITs Industry Analysis
UpdatedApr 17, 2024
DataAggregated Company Financials
Companies28
- 7D-6.2%
- 3M-5.7%
- 1Y0.5%
- YTD-9.0%
Over the last 7 days, the Retail REITs industry has dropped 6.2%, driven by declines in Simon Property Group and Realty Income of 6.6% and 6.6%, respectively. On the other hand Necessity Retail REIT is actually up 6.6%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 4.6% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 18 Apr 2024 | US$182.3b | US$23.6b | US$5.9b | 29.6x | 30.8x | 7.7x |
| Sat, 16 Mar 2024 | US$185.3b | US$23.0b | US$5.9b | 31.3x | 31.4x | 8x |
| Mon, 12 Feb 2024 | US$180.2b | US$22.6b | US$5.6b | 31.4x | 32.2x | 8x |
| Wed, 10 Jan 2024 | US$194.0b | US$24.0b | US$5.5b | 31.3x | 35.6x | 8.1x |
| Fri, 08 Dec 2023 | US$183.1b | US$24.0b | US$5.5b | 30.8x | 33.6x | 7.6x |
| Sun, 05 Nov 2023 | US$170.3b | US$23.8b | US$5.4b | 28.4x | 31.3x | 7.1x |
| Tue, 03 Oct 2023 | US$159.4b | US$23.7b | US$5.7b | 25.5x | 28.2x | 6.7x |
| Thu, 31 Aug 2023 | US$172.3b | US$23.7b | US$5.7b | 27.4x | 30.5x | 7.3x |
| Sat, 29 Jul 2023 | US$180.9b | US$23.3b | US$5.7b | 28.4x | 31.9x | 7.8x |
| Mon, 26 Jun 2023 | US$165.1b | US$23.2b | US$5.5b | 23.7x | 29.9x | 7.1x |
| Wed, 24 May 2023 | US$163.8b | US$23.2b | US$5.5b | 23.8x | 29.6x | 7.1x |
| Fri, 21 Apr 2023 | US$168.9b | US$22.8b | US$5.5b | 22.5x | 30.7x | 7.4x |
Price to Earnings Ratio
30.2x
Current Industry PE
- Investors are relatively neutral on the American Retail 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 31.4x.
- The industry is trading close to its 3-year average PS ratio of 7.5x.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have grown 2.4% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the U.S. Real Estate industry?
| US Market | -3.45% | |
| Real Estate | -7.85% | |
| Retail REITs | -6.25% | |
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 | |
| KRG Kite Realty Group Trust | US$20.09 | 0.9% +US$40.4m | -4.5% | PB1.2x | |
| UE Urban Edge Properties | US$16.01 | 0.5% +US$9.5m | 8.5% | PB1.7x | |
| IVT InvenTrust Properties | US$24.01 | 0.1% +US$2.0m | 6.4% | PB1x | |
| WHLR Wheeler Real Estate Investment Trust | US$0.15 | 5.6% +US$523.8k | -98.9% | PS0.1x |