Is Equity Residential Stock a Good Investment?
Equity Residential Investment Advice | EQR |
- Examine Equity Residential's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Equity Residential's leadership team and their track record. Good management can help Equity Residential navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified REITs space and any emerging trends that could impact Equity Residential's business and its evolving consumer preferences.
- Compare Equity Residential's performance and market position to its competitors. Analyze how Equity Residential is positioned in terms of product offerings, innovation, and market share.
- Check if Equity Residential pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Equity Residential's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Equity Residential stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Equity Residential is a good investment.
Sell | Buy |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Equity Residential Stock
Researching Equity Residential's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 93.0% of the company shares are held by institutions such as insurance companies. The book value of Equity Residential was currently reported as 29.16. The company last dividend was issued on the 22nd of March 2024. Equity Residential had 2:1 split on the 12th of October 2001.
To determine if Equity Residential is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Equity Residential's research are outlined below:
| 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 93.0% 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 |
Equity Residential uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Equity Residential. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Equity Residential's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 30th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Equity Residential's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 24.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Equity Residential's market, we take the total number of its shares issued and multiply it by Equity Residential's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Equity Residential's profitablity analysis
Equity Residential's profitability indicators refer to fundamental financial ratios that showcase Equity Residential's ability to generate income relative to its revenue or operating costs. If, let's say, Equity Residential is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Equity Residential's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Equity Residential's profitability requires more research than a typical breakdown of Equity Residential's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.32 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.29 %, which entails that for every 100 dollars of revenue, it generated $0.29 of operating income. Determining Equity Residential's profitability involves analyzing its financial statements and using various financial metrics to determine if Equity Residential is a good buy. For example, gross profit margin measures Equity Residential's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Equity Residential's profitability and make more informed investment decisions.
The data published in Equity Residential's official financial statements usually reflect Equity Residential's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Equity Residential. For example, before you start analyzing numbers published by Equity accountants, it's critical to develop an understanding of what Equity Residential's liquidity, profitability, and earnings quality are in the context of the Diversified REITs space in which it operates.
Please note, the presentation of Equity Residential's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Equity Residential's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Equity Residential's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Equity Residential. Please utilize our Beneish M Score to check the likelihood of Equity Residential's management manipulating its earnings.
Basic technical analysis of Equity Stock
As of the 27th of April, Equity Residential shows the Mean Deviation of 1.16, downside deviation of 1.44, and Coefficient Of Variation of 917.2. Equity Residential technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and collect data for nineteen technical drivers for Equity Residential, which can be compared to its peers. Please confirm Equity Residential information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Equity Residential is priced favorably, providing market reflects its regular price of 65.14 per share. Given that Equity Residential has jensen alpha of 0.0528, we urge you to verify Equity Residential's prevailing market performance to make sure the company can sustain itself at a future point.Equity Residential's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Equity Residential insiders, such as employees or executives, is commonly permitted as long as it does not rely on Equity Residential's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Equity Residential insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Catherine Carraway over two weeks ago Acquisition by Catherine Carraway of 1547 shares of Equity Residential subject to Rule 16b-3 |
Understand Equity Residential's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Equity Residential's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0736 | |||
| Market Risk Adjusted Performance | 0.1349 | |||
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.33 | |||
| Downside Deviation | 1.44 | |||
| Coefficient Of Variation | 917.2 | |||
| Standard Deviation | 1.41 | |||
| Variance | 2.0 | |||
| Information Ratio | 0.046 | |||
| Jensen Alpha | 0.0528 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0452 | |||
| Treynor Ratio | 0.1249 | |||
| Maximum Drawdown | 6.12 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 2.41 | |||
| Downside Variance | 2.07 | |||
| Semi Variance | 1.76 | |||
| Expected Short fall | (1.20) | |||
| Skewness | (0.01) | |||
| Kurtosis | (0.26) |
| Risk Adjusted Performance | 0.0736 | |||
| Market Risk Adjusted Performance | 0.1349 | |||
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.33 | |||
| Downside Deviation | 1.44 | |||
| Coefficient Of Variation | 917.2 | |||
| Standard Deviation | 1.41 | |||
| Variance | 2.0 | |||
| Information Ratio | 0.046 | |||
| Jensen Alpha | 0.0528 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0452 | |||
| Treynor Ratio | 0.1249 | |||
| Maximum Drawdown | 6.12 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 2.41 | |||
| Downside Variance | 2.07 | |||
| Semi Variance | 1.76 | |||
| Expected Short fall | (1.20) | |||
| Skewness | (0.01) | |||
| Kurtosis | (0.26) |
Consider Equity Residential's intraday indicators
Equity Residential intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Equity Residential stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Equity Residential time-series forecasting models is one of many Equity Residential's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Equity Residential's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Equity Stock media impact
Far too much social signal, news, headlines, and media speculation about Equity Residential that are available to investors today. That information is available publicly through Equity media outlets and privately through word of mouth or via Equity internal channels. However, regardless of the origin, that massive amount of Equity data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Equity Residential news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Equity Residential relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Equity Residential's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Equity Residential alpha.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Equity Residential without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Equity Residential Corporate Executives
Elected by the shareholders, the Equity Residential's board of directors comprises two types of representatives: Equity Residential inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Equity. The board's role is to monitor Equity Residential's management team and ensure that shareholders' interests are well served. Equity Residential's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Equity Residential's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Santee | COO and Executive VP | Profile |
How to buy Equity Stock?
To provide specific investment advice or recommendations on Equity Residential stock, we recommend investors consider the following general factors when evaluating Equity Residential. This will help you to make an informed decision on whether to include Equity Residential in one of your diversified portfolios:- Examine Equity Residential's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Equity Residential's leadership team and their track record. Good management can help Equity Residential navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified REITs space and any emerging trends that could impact Equity Residential's business and its evolving consumer preferences.
- Compare Equity Residential's performance and market position to its competitors. Analyze how Equity Residential is positioned in terms of product offerings, innovation, and market share.
- Check if Equity Residential pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Equity Residential's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Equity Residential stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Equity Residential is a good investment.
Already Invested in Equity Residential?
The danger of trading Equity Residential is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Equity Residential is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Equity Residential. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Equity Residential is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Equity Residential is a strong investment it is important to analyze Equity Residential's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equity Residential's future performance. For an informed investment choice regarding Equity Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Residential. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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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.
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.
In summary, please note that there is a difference between Equity Residential's value and its price, as these two are different measures arrived at by various 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.