Equity Residential logged a -0.8% change during today's morning session, and is now trading at a price of $65.87 per share. The S&P 500 index moved -0.0%. EQR's trading volume is 23,102 compared to the stock's average volume of 1,784,729.
Equity Residential trades -8.51% away from its average analyst target price of $72.0 per share. The 17 analysts following the stock have set target prices ranging from $62.0 to $95.0, and on average have given Equity Residential a rating of hold.
Anyone interested in buying EQR should be aware of the facts below:
-
Equity Residential's current price is 55.8% above its Graham number of $42.27, which implies that at its current valuation it does not offer a margin of safety
-
Equity Residential has moved -16.0% over the last year, and the S&P 500 logged a change of 5.0%
-
Based on its trailing earnings per share of 2.36, Equity Residential has a trailing 12 month Price to Earnings (P/E) ratio of 27.9 while the S&P 500 average is 15.97
-
EQR has a forward P/E ratio of 39.9 based on its forward 12 month price to earnings (EPS) of $1.65 per share
-
The company has a price to earnings growth (PEG) ratio of 2.64 — a number near or below 1 signifying that Equity Residential is fairly valued compared to its estimated growth potential
-
Its Price to Book (P/B) ratio is 2.27 compared to its sector average of 2.24
-
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 $24.96 Billion. Equity Residential currently returns an annual dividend yield of 3.9%.