Real Estate Stocks Worth Watching – November 6th

Blackstone, Equinix, American Tower, Welltower, Digital Realty Trust, Apollo Global Management, and Public Storage are the seven 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, manage, or finance property, including real estate investment trusts (REITs). Investors can gain exposure to real estate through changes in share prices and, in some cases, dividend income, while also facing stock-market and property-related risks. 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.

BX stock traded up $0.53 during midday trading on Friday, hitting $120.35. The company’s stock had a trading volume of 2,816,634 shares, compared to its average volume of 6,076,260. The firm has a 50-day simple moving average of $120.85 and a 200-day simple moving average of $123.69. The firm has a market capitalization of $90.34 billion, a P/E ratio of 26.76, a PEG ratio of 1.60 and a beta of 1.52. The company has a quick ratio of 0.72, a current ratio of 0.71 and a debt-to-equity ratio of 0.68. Blackstone has a 52-week low of $101.73 and a 52-week high of $165.14.

Equinix (EQIX)

Shares of NASDAQ EQIX traded up $10.82 during mid-day trading on Friday, hitting $1,008.17. The company had a trading volume of 289,264 shares, compared to its average volume of 594,361. The company has a market capitalization of $99.48 billion, a PE ratio of 60.61, a price-to-earnings-growth ratio of 1.48 and a beta of 0.98. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.29 and a quick ratio of 1.29. Equinix has a 1-year low of $720.62 and a 1-year high of $1,128.68. The business’s 50-day simple moving average is $1,017.99 and its 200 day simple moving average is $1,012.18.

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 $0.72 on Friday, hitting $193.27. 1,107,312 shares of the company’s stock were exchanged, compared to its average volume of 3,106,115. American Tower has a 1-year low of $160.06 and a 1-year high of $202.50. The company has a market capitalization of $90.05 billion, a PE ratio of 27.28, a P/E/G ratio of 3.52 and a beta of 0.85. The company has a debt-to-equity ratio of 3.30, a quick ratio of 0.51 and a current ratio of 0.51. The firm’s 50-day moving average is $176.97 and its 200 day moving average is $177.59.

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.

Shares of NYSE WELL traded up $0.97 during midday trading on Friday, hitting $246.41. 862,632 shares of the company’s stock were exchanged, compared to its average volume of 3,118,450. The firm’s fifty day simple moving average is $233.72 and its 200-day simple moving average is $219.33. The company has a market cap of $180.77 billion, a PE ratio of 106.71, a P/E/G ratio of 1.18 and a beta of 0.79. Welltower has a twelve month low of $181.47 and a twelve month high of $255.20. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.16 and a quick ratio of 3.16.

Digital Realty Trust (DLR)

Digital Realty Trust, Inc. operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.

DLR traded down $1.17 on Friday, reaching $173.50. The company’s stock had a trading volume of 1,214,869 shares, compared to its average volume of 2,355,392. The company has a market capitalization of $65.64 billion, a price-to-earnings ratio of 72.62, a P/E/G ratio of 3.61 and a beta of 0.97. Digital Realty Trust has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The company has a quick ratio of 1.06, a current ratio of 0.72 and a debt-to-equity ratio of 0.70. The stock has a 50 day moving average of $180.46 and a two-hundred day moving average of $183.27.

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm’s private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

NYSE APO traded down $0.40 during trading hours on Friday, hitting $116.87. The company had a trading volume of 1,295,152 shares, compared to its average volume of 4,239,053. The company has a market cap of $69.02 billion, a PE ratio of -63.89, a price-to-earnings-growth ratio of 1.13 and a beta of 1.51. Apollo Global Management has a 1-year low of $99.56 and a 1-year high of $153.29. The business has a 50 day moving average of $121.12 and a 200-day moving average of $123.06. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.70 and a current ratio of 1.41.

Public Storage (PSA)

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At December 31, 2023, we had: (i) interests in 3,044 self-storage facilities located in 40 states with approximately 218 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 275 self-storage facilities located in seven Western European nations with approximately 15 million net rentable square feet operated under the Shurgard brand.

NYSE PSA traded down $1.95 on Friday, reaching $338.55. The stock had a trading volume of 434,919 shares, compared to its average volume of 1,060,504. The stock has a market cap of $63.26 billion, a P/E ratio of 35.43, a price-to-earnings-growth ratio of 5.07 and a beta of 0.89. Public Storage has a 12-month low of $256.54 and a 12-month high of $345.89. The business’s 50-day moving average price is $300.07 and its 200 day moving average price is $303.76. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.00.