Shares of Real Estate sector company Equity Residential moved 0.2% today, and are now trading at a price of $59.46. The large-cap stock's daily volume was 3,742,252 compared to its average volume of 2,158,167. The S&P 500 index returned a 1.3% performance.
Equity Residential is committed to creating communities where people thrive. The company is based in Chicago and has 2,400 full time employees. Its market capitalization is $23,306,000,384. Equity Residential currently offers its equity investors a dividend that yields 4.2% per year.
21 analysts are following Equity Residential and have set target prices ranging from $59 to $95 per share. On average, they have given the company a rating of hold. At today's prices, EQR is trading -14.12% away from its average analyst target price of $69.24 per share.
Over the last year, EQR shares have gone down by -33.8%, which represents a difference of -17.2% when compared to the S&P 500. The stock's 52 week high is $94.32 per share and its 52 week low is $57.38. Although Equity Residential's average free cash flow over the last four years has been $1,152,517,000.0, they have been decreasing at an average rate of -7.0%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ MM) | Capital expenditures ($ MM) | Free Cash Flow ($ MM) | YoY Growth (%) |
|---|---|---|---|---|
| 2021-12-31 | 1,260 | -169 | 1,092 | -0.71 |
| 2020-12-31 | 1,266 | -166 | 1,099 | -13.22 |
| 2019-12-31 | 1,457 | -190 | 1,267 | n/a |
