Equity Residential's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 6/197 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 70.25.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its 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
6 / 197
Overall Ranking
37 / 4587
Industry
Residential & Commercial REITs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
25
analysts
Buy
Current Rating
70.250
Target Price
+15.92%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
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 20.35, 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.
Ticker SymbolEQR
CompanyEquity Residential
CEOParrell (Mark J)
Websitehttps://www.equityapartments.com/
FAQs
What is the current price of Equity Residential (EQR)?
The current price of Equity Residential (EQR) is 62.100.
What is the symbol of Equity Residential?
The ticker symbol of Equity Residential is EQR.
What is the 52-week high of Equity Residential?
The 52-week high of Equity Residential is 75.860.
What is the 52-week low of Equity Residential?
The 52-week low of Equity Residential is 58.380.
What is the market capitalization of Equity Residential?
The market capitalization of Equity Residential is 23.63B.
What is the net income of Equity Residential?
The net income of Equity Residential is 1.03B.
Is Equity Residential (EQR) currently rated as Buy, Hold, or Sell?
According to analysts, Equity Residential (EQR) has an overall rating of Buy, with a price target of 70.250.
What is the Earnings Per Share (EPS TTM) of Equity Residential (EQR)?
The Earnings Per Share (EPS TTM) of Equity Residential (EQR) is 3.046.