Equity Residential logged a -0.4% change during today's afternoon session, and is now trading at a price of $56.74 per share. The S&P 500 index moved 0.0%. EQR's trading volume is 1,380,354 compared to the stock's average volume of 1,906,993.
Equity Residential trades -13.93% away from its average analyst target price of $65.92 per share. The 19 analysts following the stock have set target prices ranging from $57.0 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 68.3% above its Graham number of $33.71, which implies that at its current valuation it does not offer a margin of safety
-
Equity Residential has moved -12.0% over the last year, and the S&P 500 logged a change of 13.0%
-
Based on its trailing earnings per share of 1.74, Equity Residential has a trailing 12 month Price to Earnings (P/E) ratio of 32.6 while the S&P 500 average is None
-
EQR has a forward P/E ratio of 35.5 based on its forward 12 month price to earnings (EPS) of $1.6 per share
-
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
-
Its Price to Book (P/B) ratio is 1.95 compared to its sector average of None
-
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 $21.55 Billion. Equity Residential currently returns an annual dividend yield of 4.6%.