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U.S. REITS Industry Analysis

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies25
  • 7D0.5%
  • 3M-1.2%
  • 1Y-6.3%
  • YTD-11.5%

The REITS industry has stayed flat over the last week. Unfortunately though, the industry is down 7.8% over the past 12 months. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Jun 2024US$33.3bUS$6.9bUS$664.4m24.6x50.1x4.8x
Fri, 17 May 2024US$35.0bUS$6.9bUS$666.7m24.4x52.4x5.1x
Sun, 14 Apr 2024US$32.7bUS$6.6bUS$759.3m25.1x43.1x5x
Tue, 12 Mar 2024US$33.1bUS$6.5bUS$881.4m27.6x37.5x5.1x
Thu, 08 Feb 2024US$33.6bUS$6.3bUS$1.0b26.3x32.1x5.3x
Sat, 06 Jan 2024US$85.5bUS$21.2bUS$876.1m25.3x97.6x4x
Mon, 04 Dec 2023US$84.7bUS$21.3bUS$878.5m25.9x96.4x4x
Wed, 01 Nov 2023US$79.6bUS$21.2bUS$1.0b21.8x78x3.8x
Fri, 29 Sep 2023US$80.8bUS$21.1bUS$1.0b21.7x79.1x3.8x
Sun, 27 Aug 2023US$82.5bUS$21.1bUS$1.0b23.5x80.7x3.9x
Tue, 25 Jul 2023US$85.3bUS$20.9bUS$1.2b23.5x73.4x4.1x
Thu, 22 Jun 2023US$81.9bUS$12.0bUS$2.6b20.3x31.4x6.8x
Sat, 20 May 2023US$81.7bUS$12.2bUS$2.6b19.6x31.2x6.7x
Mon, 17 Apr 2023US$84.4bUS$12.8bUS$2.1b24.6x41x6.6x
Wed, 15 Mar 2023US$1.3tUS$189.9bUS$38.8b24.6x32.4x6.6x
Fri, 10 Feb 2023US$1.3tUS$183.1bUS$42.7b25.9x31.5x7.4x
Sun, 08 Jan 2023US$1.3tUS$183.4bUS$44.0b25.7x28.8x6.9x
Tue, 06 Dec 2022US$1.3tUS$183.5bUS$44.0b26x29.2x7x
Thu, 03 Nov 2022US$1.2tUS$180.3bUS$42.8b27.7x28.2x6.7x
Sat, 01 Oct 2022US$1.2tUS$177.4bUS$40.0b25.8x29.7x6.7x
Mon, 29 Aug 2022US$1.4tUS$177.4bUS$40.0b31.2x35x7.9x
Wed, 27 Jul 2022US$1.4tUS$168.9bUS$38.3b31.7x36.1x8.2x
Fri, 24 Jun 2022US$1.3tUS$168.8bUS$38.3b30.5x34.7x7.9x
Sun, 22 May 2022US$1.4tUS$169.6bUS$38.3b33.4x36.3x8.2x
Tue, 19 Apr 2022US$1.6tUS$167.9bUS$35.1b41.8x45.7x9.6x
Thu, 17 Mar 2022US$1.6tUS$171.1bUS$35.1b42.3x44.2x9.1x
Sat, 12 Feb 2022US$1.5tUS$167.3bUS$29.4b43.5x51.7x9.1x
Mon, 10 Jan 2022US$1.6tUS$168.1bUS$27.3b47.3x59.8x9.7x
Wed, 08 Dec 2021US$1.6tUS$168.0bUS$27.3b45.8x58.4x9.5x
Fri, 05 Nov 2021US$1.6tUS$168.2bUS$25.2b48.2x63.6x9.5x
Sun, 03 Oct 2021US$1.5tUS$163.2bUS$20.9b51.2x70.8x9.1x
Tue, 31 Aug 2021US$1.5tUS$163.4bUS$20.9b52.1x72.6x9.3x
Wed, 07 Jul 2021US$1.4tUS$162.6bUS$21.0b48.1x67.3x8.7x
Price to Earnings Ratio

67.3x


Total Market Cap: US$1.4tTotal Earnings: US$21.0bTotal Revenue: US$162.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. REITS Industry Price to Earnings3Y Average 53.1x202220232024
Current Industry PE
  • Investors are relatively neutral on the American 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 53.1x.
  • The 3-year average PS ratio of 6.9x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have declined 68% per year over the last three years,
  • Revenues have also declined 65% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

US Market1.63%
Real Estate0.90%
REITS0.51%
Office REITs5.31%
Residential REITs3.36%
Healthcare REITs1.04%
Diversified REITs0.51%
Hotel and Resort REITs0.47%
Retail REITs0.12%
Specialized REITs0.11%
Industrial REITs-0.87%
Industry PE
  • Investors are most optimistic about the Diversified REITs industry which is trading above its 3-year average PE ratio of 0.12x.
    • Analysts are expecting annual earnings growth of 0.3%, which is higher than its past year's earnings decline of 10.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare REITs industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Residential REITs industry is expected to see its earnings decline by 11% 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
BNL Broadstone Net LeaseUS$15.442.5%
+US$71.6m
-4.0%PB0.9x
AAT American Assets TrustUS$21.794.3%
+US$54.8m
12.9%PB1.1x
ESRT Empire State Realty TrustUS$9.270.8%
+US$11.6m
33.4%PB1.5x
OLP One Liberty PropertiesUS$24.102.3%
+US$11.5m
14.4%PB1.7x
AHH Armada Hoffler PropertiesUS$10.950.2%
+US$1.3m
-10.0%PB1.8x
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Latest News

MDRR

US$5.87

Medalist Diversified REIT

7D

2.2%

1Y

11.5%

AHH

US$10.95

Armada Hoffler Properties

7D

0.2%

1Y

-10.0%

OLP

US$24.10

One Liberty Properties

7D

2.3%

1Y

14.4%

EPRT

US$27.24

Essential Properties Realty Trust

7D

-0.7%

1Y

12.1%

WPC

US$55.22

W. P. Carey

7D

-0.05%

1Y

-19.8%

GOOD

US$14.08

Gladstone Commercial

7D

-0.5%

1Y

13.8%

ESRT

US$9.27

Empire State Realty Trust

7D

0.8%

1Y

33.4%

ALEX

US$16.40

Alexander & Baldwin

7D

-0.3%

1Y

-11.9%

MDV

US$14.66

Modiv Industrial

7D

-1.3%

1Y

4.8%