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U.S. Real Estate Sector Analysis

UpdatedFeb 06, 2023
DataAggregated Company Financials
Companies307
  • 7D1.7%
  • 3M13.3%
  • 1Y-12.6%
  • YTD11.0%

Over the last 7 days, the Real Estate industry has risen 1.7%, driven by gains from Alexandria Real Estate Equities of 4.4%. In the past year, the industry is down 13%. As for the next few years, earnings are expected to grow by 7.5% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 06 Feb 2023US$1.5tUS$311.5bUS$43.6b26.2x34x4.8x
Wed, 04 Jan 2023US$1.3tUS$311.1bUS$45.2b23.2x29.4x4.3x
Fri, 02 Dec 2022US$1.4tUS$311.0bUS$45.1b25.1x31.1x4.5x
Sun, 30 Oct 2022US$1.3tUS$309.9bUS$42.1b25.7x31.5x4.3x
Tue, 27 Sep 2022US$1.3tUS$307.4bUS$41.4b24.2x31.1x4.2x
Thu, 25 Aug 2022US$1.5tUS$307.6bUS$41.4b28.7x36.6x4.9x
Sat, 23 Jul 2022US$1.5tUS$289.4bUS$41.1b28.3x35.7x5.1x
Mon, 20 Jun 2022US$1.4tUS$294.3bUS$41.1b26.2x33.3x4.7x
Wed, 18 May 2022US$1.5tUS$295.2bUS$41.6b30.6x36.3x5.1x
Fri, 15 Apr 2022US$1.7tUS$281.3bUS$38.1b36.2x45.4x6.1x
Sun, 13 Mar 2022US$1.7tUS$284.1bUS$38.1b34.8x43.4x5.8x
Tue, 08 Feb 2022US$1.7tUS$267.7bUS$31.2b39.7x53.8x6.3x
Thu, 06 Jan 2022US$1.8tUS$268.3bUS$30.3b44x61x6.9x
Sat, 04 Dec 2021US$1.7tUS$267.9bUS$30.3b40.2x56.6x6.4x
Mon, 01 Nov 2021US$1.7tUS$253.6bUS$26.7b45.9x64.1x6.8x
Wed, 29 Sep 2021US$1.6tUS$249.9bUS$23.9b45.2x67.6x6.5x
Fri, 27 Aug 2021US$1.6tUS$249.2bUS$23.7b43.9x68.5x6.5x
Sat, 03 Jul 2021US$1.6tUS$247.9bUS$23.9b45x65.7x6.3x
Tue, 06 Apr 2021US$1.4tUS$223.5bUS$17.9b40.1x78.8x6.3x
Fri, 08 Jan 2021US$1.3tUS$224.7bUS$16.7b40x78.4x5.8x
Thu, 01 Oct 2020US$1.1tUS$214.6bUS$18.6b33.9x61.8x5.3x
Sun, 05 Jul 2020US$1.1tUS$209.5bUS$22.3b32.5x47.9x5.1x
Wed, 08 Apr 2020US$949.9bUS$221.9bUS$28.7b26.6x33.1x4.3x
Price to Earnings Ratio

37.1x


Total Market Cap: US$1.2tTotal Earnings: US$32.8bTotal Revenue: US$227.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Real Estate Sector Price to Earnings3Y Average 53.2x202120222023
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 34.0x which is lower than its 3-year average PE of 53.2x.
  • The 3-year average PS ratio of 5.6x is higher than the industry's current PS ratio of 4.8x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 10% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

US Market1.73%
Real Estate1.66%
Real Estate3.13%
REITS1.55%
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 95.2x.
    • Analysts are expecting annual earnings growth of 39.2%, which is higher than its past year's earnings growth of 9.1% per year.
  • Investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 52.2x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings growth rate of 9.1% per year.
  • In contrast, the REITS industry is expected to see its earnings grow by 5.2% 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
PLD PrologisUS$131.623.0%
+US$3.5b
-13.4%PB2.3x
AMT American TowerUS$222.061.8%
+US$1.9b
-9.8%PB16.5x
ARE Alexandria Real Estate EquitiesUS$167.796.6%
+US$1.8b
-10.5%PB1.5x
PSA Public StorageUS$308.473.2%
+US$1.7b
-15.0%PB9.5x
SUI Sun CommunitiesUS$160.358.6%
+US$1.6b
-15.8%PB2.5x
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OHI

US$28.72

Omega Healthcare Investors

7D

-1.2%

1Y

5.6%

MAA

US$173.05

Mid-America Apartment Communities

7D

4.9%

1Y

-18.6%

SBAC

US$297.77

SBA Communications

7D

3.0%

1Y

-7.4%

ARE

US$167.79

Alexandria Real Estate Equities

7D

4.4%

1Y

-12.0%

MPW

US$12.79

Medical Properties Trust

7D

-2.1%

1Y

-41.6%

SUI

US$160.35

Sun Communities

7D

6.8%

1Y

-15.8%

NNN

US$47.22

National Retail Properties

7D

-1.0%

1Y

9.6%