Real Estate Stocks To Watch Today - November 7th

Key Points

• Seven real estate stocks flagged for investor attention based on recent dollar trading volume: Blackstone, Equinix, Welltower, American Tower, Crown Castle, Simon Property Group and Prologis.
• Friday trading was mixed: Equinix and Simon Property Group rose to $1,012.71 and $228.96, respectively, while Blackstone, Welltower, American Tower, Crown Castle and Prologis declined.
• The companies span several property segments, including data centers, senior housing, communications infrastructure, retail properties and logistics real estate; their shares can be influenced by rents, property values, interest rates and broader market conditions.

Blackstone, Equinix, Welltower, American Tower, Crown Castle, Simon Property Group, and Prologis are the seven Real Estate stocks to watch today, according to MarketBeat's stock screener tool. Real estate stocks are shares in publicly traded companies that own, develop, or manage property, including real estate investment trusts (REITs). For investors, they offer exposure to the real estate sector through the stock market, but their prices and returns can be affected by property values, rents, interest rates, and broader market conditions. These companies had the highest dollar trading volume of any Real Estate stocks within the last several days.

Blackstone (BX)

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.

Shares of NYSE BX traded down $0.16 during mid-day trading on Friday, reaching $119.66. 6,323,248 shares of the company's stock were exchanged, compared to its average volume of 5,830,402. The firm has a market capitalization of $89.82 billion, a price-to-earnings ratio of 26.59, a price-to-earnings-growth ratio of 1.53 and a beta of 1.52. The firm has a 50-day moving average price of $120.38 and a two-hundred day moving average price of $123.52. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.71 and a quick ratio of 0.72. Blackstone has a 52 week low of $101.73 and a 52 week high of $165.14.

Read Our Latest Research Report on BX

Equinix (EQIX)

Shares of EQIX stock traded up $15.36 during trading hours on Friday, hitting $1,012.71. 685,272 shares of the company were exchanged, compared to its average volume of 579,078. The firm has a fifty day simple moving average of $1,016.72 and a 200 day simple moving average of $1,013.32. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.59. Equinix has a 52-week low of $720.62 and a 52-week high of $1,128.68. The stock has a market capitalization of $99.92 billion, a price-to-earnings ratio of 60.82, a P/E/G ratio of 1.41 and a beta of 0.98.

Read Our Latest Research Report on EQIX

Welltower (WELL)

Welltower Inc. NYSE: WELL, a real estate investment trust ("REIT") and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.

NYSE:WELL traded down $0.11 on Friday, reaching $245.32. 2,459,221 shares of the company's stock were exchanged, compared to its average volume of 2,869,020. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.16 and a quick ratio of 3.16. The firm has a market cap of $179.97 billion, a price-to-earnings ratio of 106.20, a P/E/G ratio of 1.15 and a beta of 0.79. Welltower has a 52 week low of $181.47 and a 52 week high of $255.20. The stock has a fifty day simple moving average of $233.83 and a 200-day simple moving average of $219.61.

Read Our Latest Research Report on WELL

American Tower (AMT)

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.

Shares of NYSE AMT traded down $5.18 during mid-day trading on Friday, hitting $188.81. The company had a trading volume of 2,958,017 shares, compared to its average volume of 3,699,981. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 3.30. The company has a market capitalization of $87.98 billion, a price-to-earnings ratio of 26.63, a P/E/G ratio of 3.40 and a beta of 0.85. American Tower has a 1 year low of $160.06 and a 1 year high of $202.50. The stock's 50-day moving average price is $177.26 and its 200-day moving average price is $177.65.

Read Our Latest Research Report on AMT

Crown Castle (CCI)

Shares of Crown Castle stock traded down $2.26 during trading on Friday, hitting $88.69. The stock had a trading volume of 5,388,058 shares, compared to its average volume of 6,165,718. Crown Castle has a 12 month low of $65.32 and a 12 month high of $95.07. The firm has a market cap of $37.73 billion, a price-to-earnings ratio of 46.68, a P/E/G ratio of 0.76 and a beta of 0.88. The business's 50-day moving average is $77.12 and its 200 day moving average is $82.27.

Read Our Latest Research Report on CCI

Simon Property Group (SPG)

Simon Property Group, Inc. NYSE: SPG is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries.

Shares of NYSE:SPG traded up $2.41 during trading on Friday, reaching $228.96. The company had a trading volume of 1,855,250 shares, compared to its average volume of 1,290,161. The stock has a market capitalization of $74.08 billion, a P/E ratio of 16.52, a price-to-earnings-growth ratio of 3.41 and a beta of 1.27. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 5.19. Simon Property Group has a 12 month low of $177.88 and a 12 month high of $238.50. The company has a fifty day moving average of $207.97 and a two-hundred day moving average of $206.76.

Read Our Latest Research Report on SPG

Prologis (PLD)

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.

Prologis stock traded down $1.44 during trading hours on Friday, reaching $127.11. The company had a trading volume of 3,333,352 shares, compared to its average volume of 4,082,612. Prologis has a 12-month low of $121.40 and a 12-month high of $153.35. The firm has a market cap of $120.82 billion, a price-to-earnings ratio of 28.06, a P/E/G ratio of 1.48 and a beta of 1.27. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.81 and a quick ratio of 0.81. The company has a 50-day moving average price of $131.60 and a 200 day moving average price of $137.71.

Read Our Latest Research Report on PLD

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