Large-cap Real Estate company Equity Residential has moved 0.1% so far today on a volume of 115,287, compared to its average of 1,588,540. In contrast, the S&P 500 index moved 0.3%
Equity Residential trades -16.71% away from its average analyst target price of $76.76 per share. The 21 analysts following the stock have set target prices ranging from $59 to $95, and on average have given Equity Residential a rating of hold.
Below are some factors that could be affecting the stocks's performance and analyst recommendation:
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Equity Residential has moved -27.5% over the last year, and the S&P 500 logged a change of -16.7%
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Based on its trailing earning per share of 2.86, Equity Residential has a trailing 12 month Price to Earnings (P/E) ratio of 22.4 while the S&P 500 average is 15.97
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EQR has a forward P/E ratio is 39.2 based on its forward 12 month price to earnings (Eps) is $2.86 per share
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The company has a price to earnings growth (PEG) ratio of -2.05 -- a number near or below 1 signifying that Equity Residential is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 2.2 compared to its sector average of 2.39
Equity Residential is committed to creating communities where people thrive. Based in Chicago, the company has 2,400 full time employees and a market cap of $24,946,253,824. Equity Residential currently returns an annual dividend yield of 3.9%.
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