There is a low diversification of 12 months returns within the real estate sector. Since February last year the sector is around 10 percent higher. Among the winners we find Innovative Industrial Properties, Fastator AB (publ) and Samhallsbyggnadsbolaget I Norden AB. Relatively big losses are for Countrywide, Purplebricks and CBL & Associates Properties.
The megacaps in this sector are the winners. Among the less performing are mostly the smallcaps.
Regarding the price/earnings-ratios we see a spread palette. The megacaps are with the price/earnings-ratio of 48 the most expensive. The smallcaps are the cheapest and trade at 19 times the earnings per share. Summit Hotel Properties, Entra ASA and Cofinimmo SA are the stocks with the highest ratios. Stocks with the lowest ratios are Emlak Konut Gayrimenkul Yatirim Ortakligi AS, Magnolia Bostad AB and Corestate Capital Holding SA.
The sector's average dividend yield is with 4,4 percent relatively high. Stocks now high dividend yields now are Orchid Island Capital, CBL & Associates Properties and Two Harbors Investment.
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