Four real estate stocks to watch as housing market booms

Summary

  • American Tower Corp (NYSE: AMT) reported revenue of US$2.2 billion in Q2, 2021.
  • Newmark Group Inc (Nasdaq: NMRK) has US$2.4 billion in market capitalisation.
  • Ventas Inc (NYSE: VTR) reported a net loss of US$57.2 million in Q1 this year.

Real estate stocks or real estate investment trusts are companies that are into homebuilding or offer commercial spaces like offices on lease or rent.

The pandemic had hit the sector as many people could not afford home loans due to the loss of employment. However, the federal government has launched schemes for homeowners to reschedule payment timelines and reduced interest rates. As a result, the industry is regaining strength.

Here we explore four hot real estate stocks in the market now.

Source: Pixabay.

Also read: Riding the construction wave: 10 fastest growing infra stocks

American Tower Corp (NYSE: AMT)

The stock of the real estate investment trust (REIT) traded at US$283.29 at 1.57 pm ET, 0.16 percent up over the August 5 closing price. The stock value of the AMT increased by 25.89 percent YTD.

The total revenue of a leading real estate firm is US$2.2 billion in Q2, 2021, against US$1.9 billion in Q2, 2020. The net income of the US enterprise in this period is US$746 million against US$446 million of Q2, 2020.

The company has a market cap of US$128 billion. The P/E ratio is 56.97 and the forward P/E one year is US$30.50. The earnings per share (EPS) is US$4.96, and the annual dividend is US$5.08. Its share volume is 614,204.

Newmark Group Inc (Nasdaq: NMRK)

The stock of the real estate services company traded at US$13.41 at 2.02 pm ET, 0.75 percent up over the August 5 closing price. The stock value of the NMRK increased by 84.09 percent YTD.

The total revenue of the US-based enterprise is US$504 million in Q1, 2021 versus US$483 million in Q1, 2020. The net income of the NMRK for this period is US$33.1 million against US$8.2 million in Q1 last year.

Its market cap is US$2.4 billion. The P/E ratio is 26.37 and the forward P/E one year is 11.37. The earnings per share (EPS) is US$0.51, and the annual dividend is US$0.04. The share volume is 660 059.

The highest and lowest stock price of the NMRK for 52 weeks is US$13.71 and US$4.02.

Ventas Inc (NYSE: VTR)

The stock of the real estate of healthcare facilities traded at US$58.50 at 2.11 pm ET, 2.47 percent down over the August 5 closing price. The stock value of the VTR increased by 19.57 percent YTD.

The total revenue of the real estate investment trust is US$910.1 million in Q1, 2021 versus US$1 billion in Q1, 2020. The net loss of the American for this period is US$57.2 million against net income of US$473.1 million in Q1 last year.

The market capitalisation of the VTR is US$21.9 billion. The forward P/E one year is 20.61. The earnings per share (EPS) is US$-0.25, and the annual dividend is US$1.80. The share volume is 1,004,021.

The highest and lowest stock price of the real estate firm for 52 weeks is US$60.78 and US$37.83.

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Seritage Growth Properties (SRG)

The stock of the real estate firm traded at US$16.07 at 2.20 pm ET, 2.16 percent up over the August 5 closing price. The stock value of the commercial REIT increased by 9.61 percent YTD.

The total revenue of the real estate investment trust is US$31.28 million in Q1, 2021 versus US$33.32 million in Q1, 2020. The net loss of the US enterprise for this period is US$7.72 million against a net loss of US$20.66 million in Q1 last year.

The market capitalisation of the SRG is US$702 million. The earnings per share (EPS) is US$-0.51. The share volume is 108,051.

The highest and lowest stock price of the real estate firm for 52 weeks is US$24.04 and US$9.68.

Please note: The above constitutes a preliminary view, and any interest in stocks/cryptocurrencies should be evaluated further from an investment point of view.

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