Streetbeat News

EQR

Equity Residential

https://www.equityapartments.com

Industry

REIT - Residential

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.

Open

74.28

Mkt cap

28B

Volume

1.5M

High

74.81

P/E Ratio

27.27

52-wk high

78.83

Low

73.21

Div yield

0.04

52-wk low

59.48

Equity Residential's Q4 financial results met expectations with Funds From Operations (FFO) aligning with estimates. The company experienced year-over-year growth in rental income, driven by same-store revenue growth and high occupancy rates due to low unit supply.

Portfolio Pulse from

February 04, 2025 | 4:30 pm

Equity Residential (EQR) reported its Q4 earnings, providing insights into its revenue and EPS performance for the quarter ended December 2024. Investors should consider how these metrics compare to Wall Street estimates and the previous year's figures.

Portfolio Pulse from

February 04, 2025 | 1:15 am

Equity Residential (EQR) reported Q4 funds from operations (FFO) of $1 per share, meeting the Zacks Consensus Estimate and matching the FFO from the same quarter last year.

Portfolio Pulse from

February 04, 2025 | 12:45 am

Equity Residential reported strong Q4 results, with EPS of $1.10 significantly surpassing the analysts' consensus of $0.41.

Portfolio Pulse from

February 03, 2025 | 11:00 pm

Equity Residential (EQR) is expected to report positive Q4 earnings due to its portfolio diversification and technology investments, despite high supply in the market.

Portfolio Pulse from

January 30, 2025 | 4:15 pm

Equity Residential (EQR) is experiencing strong renter demand and has been strategically repositioning its portfolio. However, the company faces challenges from increased supply and higher interest expenses.

Portfolio Pulse from

January 20, 2025 | 2:45 pm

Equity Residential (EQR) is rated as a 'hold' due to its fair valuation, secure and growing dividend, and potential for 8-9% long-term returns. Its focus on legacy markets like NYC and San Francisco has insulated it from increased Sun Belt apartment supply, aiding rent growth. Strong renewal activity and high occupancy rates are supported by housing unaffordability and high mortgage rates, benefiting rental demand.

Portfolio Pulse from

January 02, 2025 | 5:30 pm

Equity Residential (EQR) is highlighted as a strong investment choice due to its focus on affluent renters in high-barrier coastal markets, stable revenue and FFO growth, and a robust balance sheet. The company offers a 3.8% dividend yield, making it attractive for long-term investors.

Portfolio Pulse from

January 01, 2025 | 12:45 pm

Equity Residential (NYSE: EQR) has been awarded the Nareit 2024 Leader in the Light Award for the Residential sector, marking the fourth time the company has received this honor. The award recognizes REITs for leadership in sustainable and socially responsible practices.

Portfolio Pulse from

November 25, 2024 | 9:30 pm

Equity Residential (EQR) has seen a 20.9% rise in its stock year-to-date, driven by strong demand for rental units and effective portfolio diversification. The company's solid financial position supports this positive trend.

Portfolio Pulse from

November 21, 2024 | 3:30 pm

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