Promising Real Estate Stocks To Keep An Eye On – November 3rd

Apollo Global Management, American Tower, Prologis, LXP Industrial Trust, and Blackstone are the five 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 properties such as apartments, offices, warehouses, and shopping centers. They include real estate investment trusts (REITs) and provide investors with exposure to the real estate market, often through dividends, but their values can be affected by interest rates, property prices, and economic conditions. These companies had the highest dollar trading volume of any Real Estate stocks within the last several days.

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.

Shares of Apollo Global Management stock traded down $4.80 during trading hours on Tuesday, hitting $114.66. 3,474,707 shares of the company were exchanged, compared to its average volume of 4,215,419. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.34. The business has a 50-day moving average of $122.04 and a 200-day moving average of $123.45. Apollo Global Management has a 1 year low of $99.56 and a 1 year high of $153.29. The stock has a market capitalization of $67.71 billion, a price-to-earnings ratio of 42.01, a P/E/G ratio of 1.05 and a beta of 1.51.

Read Our Latest Research Report on APO

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 AMT traded down $1.66 during trading hours on Tuesday, reaching $186.64. The company had a trading volume of 1,326,552 shares, compared to its average volume of 3,102,629. The company has a current ratio of 0.51, a quick ratio of 0.52 and a debt-to-equity ratio of 3.30. The firm has a 50 day simple moving average of $176.09 and a 200-day simple moving average of $177.42. American Tower has a 12-month low of $160.06 and a 12-month high of $202.50. The company has a market capitalization of $86.96 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 2.95 and a beta of 0.88.

Read Our Latest Research Report on AMT

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.

PLD traded down $1.06 during trading on Tuesday, reaching $128.59. 1,715,904 shares of the stock were exchanged, compared to its average volume of 3,778,214. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.34 and a quick ratio of 0.70. The business’s 50 day moving average price is $132.71 and its two-hundred day moving average price is $137.77. Prologis has a 1 year low of $121.40 and a 1 year high of $153.35. The company has a market capitalization of $119.98 billion, a price-to-earnings ratio of 28.38, a P/E/G ratio of 1.42 and a beta of 1.31.

Read Our Latest Research Report on PLD

LXP Industrial Trust (LXP)

Shares of NYSE LXP traded down $0.01 during midday trading on Tuesday, reaching $61.17. 3,393,738 shares of the stock were exchanged, compared to its average volume of 1,150,926. The stock has a 50 day moving average price of $60.95 and a 200-day moving average price of $54.53. LXP Industrial Trust has a 52-week low of $44.17 and a 52-week high of $61.61. The company has a current ratio of 0.19, a quick ratio of 0.10 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $3.61 billion, a P/E ratio of 31.53 and a beta of 1.02.

Read Our Latest Research Report on LXP

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.

Blackstone stock traded down $1.97 during midday trading on Tuesday, hitting $118.17. 1,531,775 shares of the company were exchanged, compared to its average volume of 6,057,959. Blackstone has a fifty-two week low of $101.73 and a fifty-two week high of $165.14. The company has a market cap of $88.70 billion, a PE ratio of 26.25, a price-to-earnings-growth ratio of 1.49 and a beta of 1.59. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.71 and a quick ratio of 0.72. The company’s fifty day moving average price is $122.19 and its 200-day moving average price is $124.29.

Read Our Latest Research Report on BX

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