U.S. Specialized REITs Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies23
- 7D-2.0%
- 3M11.3%
- 1Y4.0%
- YTD-3.8%
Over the last 7 days, the Specialized REITs industry has dropped 2.0%, driven by declines in Equinix and Digital Realty Trust of 3.2% and 4.7%, respectively. This takes the industry's 12 month performance to a gain of 4.0%. Earnings are forecast to grow by 6.4% annually.
Industry Valuation and Performance
Has the U.S. Specialized REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | US$470.8b | US$61.0b | US$13.3b | 26.7x | 35.5x | 7.7x |
| Sun, 23 Jun 2024 | US$449.7b | US$61.3b | US$13.5b | 26.4x | 33.4x | 7.3x |
| Tue, 21 May 2024 | US$457.0b | US$61.3b | US$13.5b | 25.9x | 33.9x | 7.5x |
| Thu, 18 Apr 2024 | US$416.7b | US$61.0b | US$12.7b | 23.4x | 32.8x | 6.8x |
| Sat, 16 Mar 2024 | US$461.0b | US$61.0b | US$12.7b | 24.4x | 36.3x | 7.6x |
| Mon, 12 Feb 2024 | US$457.6b | US$59.9b | US$11.4b | 28.6x | 40.1x | 7.6x |
| Wed, 10 Jan 2024 | US$479.7b | US$60.9b | US$11.5b | 31.8x | 41.6x | 7.9x |
| Fri, 08 Dec 2023 | US$467.3b | US$60.9b | US$11.5b | 30.9x | 40.5x | 7.7x |
| Sun, 05 Nov 2023 | US$430.5b | US$60.7b | US$11.6b | 27.5x | 37.2x | 7.1x |
| Tue, 03 Oct 2023 | US$410.2b | US$60.1b | US$13.7b | 26x | 30x | 6.8x |
| Thu, 31 Aug 2023 | US$395.5b | US$55.7b | US$9.6b | 30.9x | 41.2x | 7.1x |
| Sat, 29 Jul 2023 | US$443.7b | US$59.8b | US$14.4b | 25.7x | 30.7x | 7.4x |
| Mon, 26 Jun 2023 | US$425.6b | US$60.0b | US$14.6b | 22.4x | 29.2x | 7.1x |
| Wed, 24 May 2023 | US$422.1b | US$60.0b | US$14.6b | 23.1x | 29x | 7x |
| Fri, 21 Apr 2023 | US$444.3b | US$59.9b | US$15.3b | 28.1x | 29.1x | 7.4x |
Price to Earnings Ratio
28.6x
Current Industry PE
- Investors are relatively neutral on the American Specialized 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 34.0x.
- The industry is trading close to its 3-year average PS ratio of 7.3x.
Past Earnings Growth
- The earnings for companies in the Specialized REITs industry have declined 4.6% 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 Market | -2.42% | |
| Real Estate | -1.21% | |
| Specialized REITs | -1.97% | |
| Telecom Tower REITs | -0.089% | |
| Timber REITs | -0.19% | |
| Self-Storage REITs | -3.72% | |
| Data Center REITs | -3.82% | |
Industry PE
- Investors are most optimistic about the Data Center REITs industry even though it's trading below its 3-year average PE ratio of 75.5x.
- Analysts are expecting annual earnings growth of 3.3%, which is lower than the prior year's growth of 126.3% per year.
- Investors are most pessimistic about the Timber REITs industry, which is trading close to its 3-year average of 30.3x.
Forecasted Growth
- Analysts are most optimistic on the Telecom Tower REITs industry, expecting annual earnings growth of 9.7% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Data Center REITs industry is expected to see its earnings grow by 3.3% 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 | |
|---|---|---|---|---|---|
| CCI Crown Castle | US$105.53 | 0.5% +US$212.9m | -4.2% | PB8.1x | |
| GLPI Gaming and Leisure Properties | US$48.98 | 1.4% +US$184.6m | 2.1% | PB3.2x | |
| EPR EPR Properties | US$44.71 | 1.8% +US$61.3m | 1.4% | PB1.4x | |
| SAFE Safehold | US$22.26 | 0.7% +US$11.4m | -10.1% | PB0.7x | |
| PW Power REIT | US$1.16 | 36.5% +US$1.1m | -31.2% | PB0.2x |