Equity Residential Stock Today

EQR Stock  USD 62.57  1.31  2.14%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 30

 
100  
 
Zero
Below Average
Equity Residential is selling at 62.57 as of the 28th of March 2024; that is 2.14% increase since the beginning of the trading day. The stock's lowest day price was 61.66. Equity Residential has about a 30 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Equity Residential are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
11th of August 1993
Category
Real Estate
Equity Residential is committed to creating communities where people thrive. 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. The company has 379.55 M outstanding shares of which 5.09 M shares are currently shorted by investors with about 2.21 days to cover. More on Equity Residential

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Equity Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Equity Residential's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Equity Residential or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Equity Residential's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Equity Residential's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEODavid Neithercut
Thematic Ideas
(View all Themes)
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP 500 Index, Millennials Best, FinTech, Real Estate, Diversified REITs, REIT—Residential, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering Equity Residential report their recommendations after researching Equity Residential's financial statements, talking to executives and customers, or listening in on Equity Residential's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Equity Residential. The Equity consensus assessment is calculated by taking the average forecast from all of the analysts covering Equity Residential.
Financial Strength
Based on the analysis of Equity Residential's profitability, liquidity, and operating efficiency, Equity Residential is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Equity Residential is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0360.0417
Fairly Down
Very volatile
Asset Turnover0.150.1415
Notably Up
Very volatile
Gross Profit Margin0.310.3221
Sufficiently Down
Slightly volatile
Net Debt7.7 B7.7 B
Slightly Up
Pretty Stable
Total Current Liabilities1.3 B838.5 M
Way Up
Slightly volatile
Non Current Liabilities Total7.9 B7.6 B
Sufficiently Up
Very volatile
Total Assets16.2 B20 B
Significantly Down
Slightly volatile
Total Current Assets133 M140 M
Notably Down
Pretty Stable
Total Cash From Operating Activities944 M1.5 B
Way Down
Slightly volatile
Equity Residential's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Equity Residential's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Equity Residential's financial leverage. It provides some insight into what part of Equity Residential's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Equity Residential's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Equity Residential deploys its capital and how much of that capital is borrowed.
Liquidity
Equity Residential cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Other Non Cash Items

1.65 Billion
Equity Residential (EQR) is traded on New York Stock Exchange in USA. It is located in Two North Riverside Plaza, Chicago, IL, United States, 60606-2624 and employs 2,400 people. Equity Residential is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 23.75 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 runs under Diversified REITs sector within Real Estate industry. The entity has 379.55 M outstanding shares of which 5.09 M shares are currently shorted by investors with about 2.21 days to cover. Equity Residential has about 53.87 M in cash with 1.52 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
Check Equity Residential Probability Of Bankruptcy
Ownership Allocation
Equity Residential holds a total of 379.55 Million outstanding shares. The majority of Equity Residential outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Equity Residential to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Equity Residential. Please pay attention to any change in the institutional holdings of Equity Residential as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Equity Ownership Details

Equity Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Equity Residential jumping above the current price in 90 days from now is about 9.98%. The Equity Residential probability density function shows the probability of Equity Residential stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1419 suggesting Equity Residential market returns are sensible to returns on the market. As the market goes up or down, Equity Residential is expected to follow. Additionally, equity Residential has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 62.57HorizonTargetOdds Above 62.57
89.80%90 days
 62.57 
9.98%
Based on a normal probability distribution, the odds of Equity Residential to move above the current price in 90 days from now is about 9.98 (This Equity Residential probability density function shows the probability of Equity Stock to fall within a particular range of prices over 90 days) .

Equity Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Equity Residential that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Equity Residential's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Equity Residential's value.
InstituionRecorded OnShares
Centersquare Investment Management Llc2023-12-31
5.5 M
Dimensional Fund Advisors, Inc.2023-12-31
5.2 M
Canada Pension Plan Investment Board2023-12-31
4.9 M
D1 Capital Partners L.p.2023-12-31
4.4 M
Fmr Inc2023-12-31
4.3 M
Northern Trust Corp2023-12-31
4.3 M
Morgan Stanley - Brokerage Accounts2023-12-31
M
Resolution Capital Limited2023-12-31
M
Charles Schwab Investment Management Inc2023-12-31
3.8 M
Vanguard Group Inc2023-12-31
56.9 M
Blackrock Inc2023-12-31
41.5 M
View Equity Residential Diagnostics

Equity Residential Historical Income Statement

Equity Residential Income Statement is one of the three primary financial statements used for reporting Equity's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Equity Residential revenue and expense. Equity Residential Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Equity Residential's Reconciled Depreciation is relatively stable compared to the past year. View More Fundamentals

Equity Stock Against Markets

Picking the right benchmark for Equity Residential stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Equity Residential stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Equity Residential is critical whether you are bullish or bearish towards Equity Residential at a given time. Please also check how Equity Residential's historical prices are related to one of the top price index indicators.

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.

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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 SanteeCOO and Executive VPProfile

How to buy Equity Stock?

Before investing in Equity Residential, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Equity Residential. To buy Equity Residential stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Equity Residential. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Equity Residential stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Equity Residential stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Equity Residential stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Equity Residential, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Equity Stock please use our How to Invest in Equity Residential guide.

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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.