Equity Residential (EQR)
| Market Cap | 22.93B |
| Revenue (ttm) | 2.64B |
| Net Income (ttm) | 947.45M |
| Shares Out | 371.87M |
| EPS (ttm) | 2.55 |
| PE Ratio | 24.20 |
| Forward PE | 60.24 |
| Dividend | $2.41 |
| Dividend Yield | 3.91% |
| Trading Day | January 15 |
| Last Price | $61.59 |
| Previous Close | $61.59 |
| Change ($) | 0.00 |
| Change (%) | 0.00% |
| Day's Open | 60.30 |
| Day's Range | 60.08 - 61.68 |
| Day's Volume | 3,297,400 |
| 52-Week Range | 45.77 - 83.44 |
The Democratic Party has obtained control of Congress. With a very small majority, the moderates in the party will have control to prevent the most extreme ideas.
REITs that own highly urban properties are today historically undervalued. This is because the market is worried about the "flight to suburbs."
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the company will release its fourth quarter 2020 operating results on Wednesday, February 10, 2021 after the close...
There's a difference between shopping for bargains and blindly bottom-fishing. These are stocks to sell, not bottom fish.
The grave dancer, Sam Zell, is at it again, as the largest individual shareholder in the multifamily REIT Equity Residential. As a shareholder in EQR, I suppose I'm investing alongside the so-...
Last week, we published an article highlighting what could be a major workforce trend: The tech-exodus from California. Even with this headwind in place, we rate Essex Property Trust a Buy.
Equity Residential's (EQR) San Diego asset disposition comes as part of its efforts to minimize near-term maturities and boost balance-sheet flexibility.
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company has sold an apartment property in San Diego and used the sale proceeds to enhance its already strong f...
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that its Board of Trustees declared quarterly dividends on the Company's common and preferred shares. A regular common ...
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced the appointment of Angela Aman to the Company's Board of Trustees to serve until the next annual meeting of shareholder...
Equity Residential's portfolio of multifamily properties is the most urban relative to all other pure multi-family REIT plays. Its properties in urban markets like San Francisco, Boston and Ne...
Apartment REITs have become deeply discounted in 2020. Despite the negative market sentiment, the long-term fundamental background remains very positive.
REITs have risen a lot lately even as fundamentals remain challenged.
Finding dividend stocks is always a good idea if you're thinking for the long term. Just avoid these seven names in particular.
Buying apartments at pennies on the dollar has always been a good investment. Today high-quality apartment REITs are priced at a deep discount to what they would be worth in the private market.
The pandemic-driven "urban exodus" hasn't yet shown signs of slowing. Apartment REITs in the coastal "shutdown cities" have been slammed as residents flee to lower-cost suburban markets and bu...
In this article you are going to find out whether hedge funds think Equity Residential (NYSE:EQR) is a good investment right now. We like to check what the smart money thinks first before doin...
Housing stocks see split reaction on vaccine news
Housing stocks are having a split reaction to the Covid-19 vaccine news. CNBC's Diana Olick reports on why homebuilder stocks and apartment REITs are responding differently to the news.
Homebuilder stocks are taking a hit on Pfizer's positive coronavirus vaccine news, while apartment REITs are finally crawling out of the basement.
Trump might stay in office another four years. Or Biden might take over. The pandemic might linger well into 2021. Or we might find ourselves rid of it much sooner.
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR), a recognized leader in Environmental, Social and Governance (ESG) principles, today announced the publication of its 2020 ESG Report. ...
The suburbs are holding up, but the cities are a problem.
EQR's portfolio of mostly urban, mid/high-rise apartment buildings in coastal gateway cities has been slammed by COVID-19, work-from-home, and lockdowns this year. Occupancy and average rent r...
Equity Residential (EQR) CEO Mark Parrell on Q3 2020 Results - Earnings Call Transcript
Equity Residential's (EQR) Q3 results reflect the struggle of its urban core portfolio amid the pandemic-related reductions in economic activity.
Equity Residential (EQR) delivered FFO and revenue surprises of -6.10% and -2.50%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and nine months ended September 30, 2020. Third Quarter 2020 Results All per share results are r...
Several housing REITs remain very attractive. Apartment REITs in particular are attractive due to huge discounts to NAV and high market-implied cap rates. ELS reported Q3 2020 normalized FFO a...
We believe that Equity Residential stock (NYSE: EQR) has an upside potential of 60% post-pandemic when the occupancy rates and demand in residential property rent and lease markets in the urba...
Though Equity Residential (EQR) has a solid portfolio and is leveraging on technology for sales and service, its Q3 results will likely reflect choppy rental housing demand in a number of its ...
Are investors too pessimistic on apartment REITs?
The strategies of these five REITs that invest in purchasing, developing, and managing apartment complexes may make them smart investments.
Unique Doesn't Mean Useful
Equity Residential (EQR-an apartment REIT) is at a ten year discount to bonds due to short term pressure on rents.
Residential real estate continues to enjoy very strong fundamentals despite the Covid-19 pandemic.
We're still seeing great bargains throughout the apartment REIT subsector.
Bears argue that the pandemic has caused a mass exodus of people from urban cities to suburban areas.
The best opportunities are today in hated sectors that will still work in the future.
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the company will release its third quarter 2020 operating results on Tuesday, October 27, 2020 after the close of ...
In the markets, SWANning means buying up companies with A-rated balance sheets.
Many apartment REITs remain at substantial discounts to NAV. There is a clear correlation with coastal properties and larger discounts to NAV.
Why New Investors Choose Bad REITs
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that its Board of Trustees declared quarterly dividends on the Company’s common and preferred shares. A regular common ...
Gateway cities have been plagued by severe economic decline, strict lockdowns, rising violent crime, housing unaffordability, and remote work shift.
Overcoming REIT Investing Biases
The No. 1 Blue Chip To Buy Right Now Is Equity Residential
About EQR
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.
| Industry REIT-Residential | IPO Date Aug 11, 1993 |
| CEO David Neithercut | Employees 2,600 |
| Stock Exchange NYSE | Ticker Symbol EQR |
Financial Performance
In 2019, EQR's revenue was $2.70 billion, an increase of 4.76% compared to the previous year's $2.58 billion. Earnings were $970.38 million, an increase of 47.58%.
Analyst Forecasts
According to 22 analysts, the average rating for EQR stock is "Hold." The 12-month stock price forecast is 59.83, which is a decrease of -2.86% from the latest price.