Bank of America, Wells Fargo & Company, and United States Steel are the three Real Estate stocks to watch today, according to MarketBeat's stock screener tool. Real estate stocks are shares of publicly traded companies that own, develop or manage portfolios of residential, commercial or industrial properties. These stocks—including real estate investment trusts (REITs) and property developers—derive their value from rental income, property sales and changes in market valuations. By buying real estate stocks, investors gain exposure to the real estate market without having to purchase physical property. These companies had the highest dollar trading volume of any Real Estate stocks within the last several days.
Bank of America (BAC)
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.
Shares of NYSE BAC traded down $0.56 during midday trading on Friday, reaching $44.07. 25,442,167 shares of the stock traded hands, compared to its average volume of 39,687,422. Bank of America has a one year low of $33.07 and a one year high of $48.08. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.78 and a quick ratio of 0.78. The company's 50 day moving average is $41.32 and its 200 day moving average is $43.44. The stock has a market capitalization of $331.89 billion, a PE ratio of 13.68, a P/E/G ratio of 1.21 and a beta of 1.30.
Read Our Latest Research Report on BAC
Wells Fargo & Company (WFC)
Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.
Shares of NYSE:WFC traded down $1.31 during trading on Friday, hitting $72.70. The company had a trading volume of 11,100,067 shares, compared to its average volume of 17,450,871. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.86 and a quick ratio of 0.85. The stock has a market cap of $236.58 billion, a price-to-earnings ratio of 13.52, a price-to-earnings-growth ratio of 1.18 and a beta of 1.16. Wells Fargo & Company has a one year low of $50.15 and a one year high of $81.50. The company has a fifty day simple moving average of $71.22 and a two-hundred day simple moving average of $72.97.
Read Our Latest Research Report on WFC
United States Steel (X)
United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke.
Shares of NYSE:X traded down $1.46 on Friday, hitting $52.25. 14,278,398 shares of the company's stock were exchanged, compared to its average volume of 6,346,368. United States Steel has a 12 month low of $26.92 and a 12 month high of $54.24. The business's 50 day simple moving average is $45.50 and its two-hundred day simple moving average is $40.04. The stock has a market capitalization of $11.83 billion, a price-to-earnings ratio of 35.07, a price-to-earnings-growth ratio of 1.53 and a beta of 1.87. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.55 and a quick ratio of 0.91.
Read Our Latest Research Report on X
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