Equity Residential's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 5 out of 192 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 69.35.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Equity Residential's Score
Industry at a Glance
Industry Ranking
5 / 192
Overall Ranking
33 / 4536
Industry
Residential & Commercial REITs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive
Equity Residential Highlights
StrengthsRisks
Equity Residential is a real estate investment trust. The Company is focused on the acquisition, development, and management of residential properties located in and around cities. The Company’s primary business is the acquisition, development, and management of multifamily residential properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The Company owns and operates rental apartment properties, with a presence in Boston, New York, Washington, D.C., Southern California (including Los Angeles, Orange County and San Diego), San Francisco and Seattle, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. The Company owns investments in approximately 311 properties located in 10 states consisting of over 84,249 apartment units. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 2.98B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 99.14%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 99.14%.
Undervalued
The company’s latest PE is 20.46, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 360.65M shares, increasing 0.00% quarter-over-quarter.
Equity Residential is a real estate investment trust. The Company is focused on the acquisition, development, and management of residential properties located in and around cities. The Company’s primary business is the acquisition, development, and management of multifamily residential properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The Company owns and operates rental apartment properties, with a presence in Boston, New York, Washington, D.C., Southern California (including Los Angeles, Orange County and San Diego), San Francisco and Seattle, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. The Company owns investments in approximately 311 properties located in 10 states consisting of over 84,249 apartment units. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential.