Equity Residential Stock Buy Hold or Sell Recommendation
| EQR Stock | USD 60.99 0.58 0.96% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Equity Residential is 'Strong Hold'. Macroaxis provides Equity Residential buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EQR positions. The advice algorithm takes into account all of Equity Residential's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Equity Residential's buy or sell advice are summarized below:
Real Value 65.52 | Target Price 70.11 | Hype Value 60.57 | Market Value 60.99 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Equity Residential given historical horizon and risk tolerance towards Equity Residential. When Macroaxis issues a 'buy' or 'sell' recommendation for Equity Residential, the advice is generated through an automated system that utilizes algorithms and statistical models.
Equity |
Execute Equity Residential Buy or Sell Advice
The Equity recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Equity Residential. Macroaxis does not own or have any residual interests in Equity Residential or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Equity Residential's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Equity Residential Trading Alerts and Improvement Suggestions
| The company has 7.7 B in debt with debt to equity (D/E) ratio of 0.67, which is OK given its current industry classification. Equity Residential has a current ratio of 0.25, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Equity Residential until it has trouble settling it off, either with new capital or with free cash flow. So, Equity Residential's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Equity Residential sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Equity to invest in growth at high rates of return. When we think about Equity Residential's use of debt, we should always consider it together with cash and equity. | |
| Over 95.0% of Equity Residential shares are held by institutions such as insurance companies | |
| On 12th of April 2024 Equity Residential paid $ 0.675 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Aerwave Hires Multifamily Industry Veteran Ed Wolff as President and Chief Revenue Officer |
Equity Residential Returns Distribution Density
The distribution of Equity Residential's historical returns is an attempt to chart the uncertainty of Equity Residential's future price movements. The chart of the probability distribution of Equity Residential daily returns describes the distribution of returns around its average expected value. We use Equity Residential price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Equity Residential returns is essential to provide solid investment advice for Equity Residential.
| Mean Return | -0.03 | Value At Risk | -2.29 | Potential Upside | 2.14 | Standard Deviation | 1.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Equity Residential historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Equity Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Equity Residential is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Equity Residential backward and forwards among themselves. Equity Residential's institutional investor refers to the entity that pools money to purchase Equity Residential's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Centersquare Investment Management Llc | 2023-12-31 | 5.5 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 5.2 M | Canada Pension Plan Investment Board | 2023-12-31 | 4.9 M | D1 Capital Partners L.p. | 2023-12-31 | 4.4 M | Fmr Inc | 2023-12-31 | 4.3 M | Northern Trust Corp | 2023-12-31 | 4.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 4 M | Resolution Capital Limited | 2023-12-31 | 4 M | Charles Schwab Investment Management Inc | 2023-12-31 | 3.8 M | Vanguard Group Inc | 2023-12-31 | 56.9 M | Blackrock Inc | 2023-12-31 | 41.5 M |
Equity Residential Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 686K | (17.3M) | 260.5M | (223.1M) | (3.1M) | (3.0M) | |
| Free Cash Flow | 1.3B | 1.1B | 1.1B | 1.2B | 1.2B | 1.3B | |
| Depreciation | 842.8M | 832.4M | 851.4M | 894.3M | 901.5M | 622.3M | |
| Other Non Cash Items | 23.2M | 16.0M | 14.0M | (271.4M) | 1.6B | 1.7B | |
| Dividends Paid | 834.2M | 887.0M | 903.6M | 934.1M | (993.2M) | (943.6M) | |
| Capital Expenditures | 190.3M | 166.2M | 168.6M | 232.2M | 321.2M | 475.1M | |
| Net Income | 1.0B | 962.5M | 1.4B | 807.0M | 835.4M | 745.0M | |
| End Period Cash Flow | 117.0M | 99.7M | 360.2M | 137.2M | 50.7M | 48.2M | |
| Investments | 68.4M | (4.9M) | (23.9M) | (48.0M) | (603.9M) | (573.7M) | |
| Net Borrowings | 925.4M | (862.9M) | 449.7M | (646.9M) | (744.0M) | (781.1M) | |
| Change To Netincome | (467.6M) | (470.4M) | (1.0B) | (266.7M) | (240.0M) | (252.0M) |
Equity Residential Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Equity Residential or Diversified REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Equity Residential's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Equity stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 1.21 | |
σ | Overall volatility | 1.38 | |
Ir | Information ratio | -0.06 |
Equity Residential Volatility Alert
Equity Residential exhibits very low volatility with skewness of 0.21 and kurtosis of -0.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Equity Residential's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Equity Residential's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Equity Residential Fundamentals Vs Peers
Comparing Equity Residential's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Equity Residential's direct or indirect competition across all of the common fundamentals between Equity Residential and the related equities. This way, we can detect undervalued stocks with similar characteristics as Equity Residential or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Equity Residential's fundamental indicators could also be used in its relative valuation, which is a method of valuing Equity Residential by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Equity Residential to competition |
| Fundamentals | Equity Residential | Peer Average |
| Return On Equity | 0.0746 | -0.31 |
| Return On Asset | 0.0273 | -0.14 |
| Profit Margin | 0.29 % | (1.27) % |
| Operating Margin | 0.33 % | (5.51) % |
| Current Valuation | 31.2 B | 16.62 B |
| Shares Outstanding | 379.55 M | 571.82 M |
| Shares Owned By Insiders | 1.80 % | 10.09 % |
| Shares Owned By Institutions | 95.20 % | 39.21 % |
| Number Of Shares Shorted | 5.47 M | 4.71 M |
| Price To Earning | 21.41 X | 28.72 X |
| Price To Book | 2.12 X | 9.51 X |
| Price To Sales | 8.15 X | 11.42 X |
| Revenue | 2.87 B | 9.43 B |
| Gross Profit | 1.75 B | 27.38 B |
| EBITDA | 1.16 B | 3.9 B |
| Net Income | 835.44 M | 570.98 M |
| Cash And Equivalents | 53.87 M | 2.7 B |
| Cash Per Share | 0.18 X | 5.01 X |
| Total Debt | 7.7 B | 5.32 B |
| Debt To Equity | 0.67 % | 48.70 % |
| Current Ratio | 0.25 X | 2.16 X |
| Book Value Per Share | 29.13 X | 1.93 K |
| Cash Flow From Operations | 1.52 B | 971.22 M |
| Short Ratio | 2.78 X | 4.00 X |
| Earnings Per Share | 2.13 X | 3.12 X |
| Price To Earnings To Growth | 6.35 X | 4.89 X |
| Target Price | 65.95 | |
| Number Of Employees | 2.4 K | 18.84 K |
| Beta | 0.85 | -0.15 |
| Market Capitalization | 23.02 B | 19.03 B |
| Total Asset | 20.03 B | 29.47 B |
| Retained Earnings | 1.44 B | 9.33 B |
| Working Capital | (698.51 M) | 1.48 B |
Note: Acquisition by Catherine Carraway of 1547 shares of Equity Residential subject to Rule 16b-3 [view details]
Equity Residential Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Equity . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Equity Residential Buy or Sell Advice
When is the right time to buy or sell Equity Residential? Buying financial instruments such as Equity Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 8.7B | 7.7B | 7.7B | 7.8B | Total Assets | 21.2B | 20.2B | 20.0B | 16.2B |
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Check out Equity Residential Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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When running Equity Residential's price analysis, check to measure Equity Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.
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Is Equity Residential's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equity Residential. If investors know Equity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equity Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.957 | Dividend Share 2.65 | Earnings Share 2.13 | Revenue Per Share 7.588 | Quarterly Revenue Growth 0.04 |
The market value of Equity Residential is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Residential's value that differs from its market value or its book value, called intrinsic value, which is Equity Residential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equity Residential's market value can be influenced by many factors that don't directly affect Equity Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equity Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Residential's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.