What Do You Need to Know About Equity Residential (EQR) Before Investing?

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%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.