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U.S. Real Estate Sector Analysis

UpdatedMay 02, 2026
DataAggregated Company Financials
Companies283
  • 7D0.5%
  • 3M4.8%
  • 1Y7.2%
  • YTD7.6%

Last week, the Real Estate industry hasn't moved much but Welltower is up 3.9% in that time. As for the the longer term, the industry is up 7.2% over the past 12 months. As for the next few years, earnings are expected to grow by 8.2% per annum.

Sector Valuation and Performance

Has the U.S. Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 May 2026US$1.6tUS$340.7bUS$37.0b29.1x44.5x4.8x
Mon, 30 Mar 2026US$1.5tUS$333.3bUS$35.1b27.1x42.4x4.5x
Wed, 25 Feb 2026US$1.6tUS$335.6bUS$33.9b29.8x47.5x4.8x
Fri, 23 Jan 2026US$1.6tUS$332.9bUS$32.6b29.1x47.7x4.7x
Sun, 21 Dec 2025US$1.5tUS$337.5bUS$32.9b29x45.6x4.4x
Tue, 18 Nov 2025US$1.5tUS$338.1bUS$32.7b28.5x46.6x4.5x
Thu, 16 Oct 2025US$1.5tUS$331.9bUS$30.7b27.9x49.6x4.6x
Sat, 13 Sep 2025US$1.6tUS$331.7bUS$30.9b29.4x50.8x4.7x
Mon, 11 Aug 2025US$1.5tUS$331.6bUS$31.0b28.4x48x4.5x
Wed, 09 Jul 2025US$1.5tUS$325.8bUS$29.9b29.8x49.8x4.6x
Fri, 06 Jun 2025US$1.5tUS$326.3bUS$29.9b29.4x50x4.6x
Sun, 04 May 2025US$1.5tUS$324.1bUS$29.5b29.1x50.9x4.6x
Tue, 01 Apr 2025US$1.5tUS$321.4bUS$28.9b30.9x52.4x4.7x
Thu, 27 Feb 2025US$1.6tUS$323.9bUS$29.1b31.5x55.1x5x
Sat, 25 Jan 2025US$1.5tUS$320.4bUS$28.1b31.6x54.8x4.8x
Mon, 23 Dec 2024US$1.5tUS$320.0bUS$27.4b31.9x55.4x4.7x
Wed, 20 Nov 2024US$1.6tUS$319.6bUS$27.4b34.6x58.8x5x
Fri, 18 Oct 2024US$1.7tUS$314.8bUS$27.0b34x61.2x5.3x
Sun, 15 Sep 2024US$1.6tUS$315.4bUS$27.2b34.1x60.7x5.2x
Tue, 13 Aug 2024US$1.5tUS$314.1bUS$27.6b30.3x55.4x4.9x
Thu, 11 Jul 2024US$1.4tUS$305.7bUS$27.1b30.7x51.4x4.6x
Sat, 08 Jun 2024US$1.4tUS$306.4bUS$27.5b30.4x50.8x4.6x
Mon, 06 May 2024US$1.4tUS$307.2bUS$28.7b29.1x47.4x4.4x
Wed, 03 Apr 2024US$1.4tUS$306.9bUS$27.3b30.7x51.6x4.6x
Fri, 01 Mar 2024US$1.4tUS$306.1bUS$28.3b28.9x49.4x4.6x
Sun, 28 Jan 2024US$1.5tUS$323.3bUS$26.8b30.9x54.6x4.5x
Tue, 26 Dec 2023US$1.5tUS$323.1bUS$26.5b31x56.8x4.7x
Thu, 23 Nov 2023US$1.4tUS$323.0bUS$26.5b28.2x51.5x4.2x
Sat, 21 Oct 2023US$1.2tUS$325.3bUS$31.0b25.9x40.2x3.8x
Mon, 18 Sep 2023US$1.4tUS$324.0bUS$31.7b28.3x43.9x4.3x
Wed, 16 Aug 2023US$1.4tUS$323.2bUS$31.3b29.1x44.6x4.3x
Fri, 14 Jul 2023US$1.5tUS$325.2bUS$34.4b25.8x42.1x4.5x
Sun, 11 Jun 2023US$1.4tUS$314.7bUS$35.5b24.3x38.1x4.3x
Tue, 09 May 2023US$1.3tUS$314.7bUS$35.2b23.3x38.2x4.3x
Price to Earnings Ratio

38.2x


Total Market Cap: US$1.3tTotal Earnings: US$35.2bTotal Revenue: US$314.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Real Estate Sector Price to Earnings3Y Average 49.9x202420252026
Current Industry PE
  • Investors are pessimistic on the American Real Estate 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 44.5x which is lower than its 3-year average PE of 49.9x.
  • The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 2.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the U.S. Real Estate sector?

US Market0.80%
Real Estate0.51%
Residential REITs3.22%
Health Care REITs2.93%
Office REITs2.33%
Hotel and Resort REITs2.11%
Retail REITs0.31%
Industrial REITs-0.32%
Specialized REITs-0.38%
REITS-0.90%
Real Estate-3.24%
Industry PE
  • Investors are most optimistic about the Health Care REITs industry even though it's trading below its 3-year average PE ratio of 345x.
    • Analysts are expecting annual earnings growth of 25.4%, which is higher than its past year's earnings growth of 20.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 0.6% per year.
  • In contrast, the Residential REITs industry is expected to see its earnings decline by 7.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WELL WelltowerUS$216.913.9%
+US$6.0b		43.9%PB3.5x
IRM Iron MountainUS$127.199.6%
+US$3.3b		32.8%PE138.9x
VTR VentasUS$88.025.3%
+US$3.0b		32.2%PB3.3x
AVB AvalonBay CommunitiesUS$183.456.4%
+US$1.5b		-13.5%PB2.2x
AMT American TowerUS$181.611.9%
+US$1.5b		-18.8%PB24x

Latest News

CCI
US$89.26
Crown Castle
7D
3.4%
1Y
-16.5%
EQIX
US$1,085.03
Equinix
7D
-2.1%
1Y
23.9%
JLL
US$315.24
Jones Lang LaSalle
7D
-6.9%
1Y
34.5%
PLD
US$141.41
Prologis
7D
-0.5%
1Y
34.2%
WELL
US$216.91
Welltower
7D
3.9%
1Y
43.9%
IRM
US$127.19
Iron Mountain
7D
9.6%
1Y
32.8%
BEKE
US$17.06
KE Holdings
7D
5.4%
1Y
-17.9%

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May 01
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AVB
US$183.45
AvalonBay Communities
7D
6.4%
1Y
-13.5%

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Apr 30
CBRE
US$141.81
CBRE Group
7D
-4.4%
1Y
12.0%

CBRE Group's (NYSE:CBRE) Earnings Are Weaker Than They Seem

Apr 30
CBRE Group's (NYSE:CBRE) Earnings Are Weaker Than They Seem
AMT
US$181.61
American Tower
7D
1.9%
1Y
-18.8%
CSGP
US$34.72
CoStar Group
7D
-4.7%
1Y
-55.5%
EQR
US$65.17
Equity Residential
7D
4.7%
1Y
-9.1%
VTR
US$88.02
Ventas
7D
5.3%
1Y
32.2%
ARE
US$41.39
Alexandria Real Estate Equities
7D
-12.7%
1Y
-44.4%

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Apr 29
PSA
US$301.55
Public Storage
7D
-2.2%
1Y
0.5%

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Public Storage's updated analyst price target has edged down by about $1 to $312.50, as analysts factor in slightly higher discount rates and modest tweaks to long term revenue growth, profit margin, and future P/E assumptions following a mix of recent target hikes and trims across the Street. Analyst Commentary Recent research shows a mix of optimism and caution around Public Storage, with several firms adjusting price targets and ratings following Q4 results and the announced all stock acquisition of National Storage.
WY
US$23.99
Weyerhaeuser
7D
-4.2%
1Y
-8.3%

WY: Engineered Flooring Systems And Buybacks Will Support Future Upside Potential

Analysts have slightly reduced their price target for Weyerhaeuser to about $31.55 from roughly $31.73, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E that leave the overall valuation largely unchanged. What's in the News Weyerhaeuser previewed two engineered wood products, Trus Joist ProPanel floor panels and Trus Joist AeroStrand Laminated Strand Lumber floor joists, aimed at giving builders more versatile, higher quality flooring options with features such as enhanced moisture resistance, self-draining technology and pre-cut openings for mechanical, electrical and plumbing needs (Key Developments).