Don't Judge Equity Residential on Technicals Alone - Check Its Fundamentals!

By Naomi Wentworth • Monday, December 04 18:48 • Permanent Link

Equity Residential logged a 0.3% change during today's evening session, and is now trading at a price of $58.69 per share. The S&P 500 index moved -1.0%. EQR's trading volume is 2,185,172 compared to the stock's average volume of 1,984,525.

Equity Residential trades -8.74% away from its average analyst target price of $64.31 per share. The 18 analysts following the stock have set target prices ranging from $57.0 to $75.0, and on average have given Equity Residential a rating of hold.

If you are considering an investment in EQR, you'll want to know the following:

Equity Residential's current price is 74.1% 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 -6.0% over the last year, and the S&P 500 logged a change of 15.0%
Based on its trailing earnings per share of 1.74, Equity Residential has a trailing 12 month Price to Earnings (P/E) ratio of 33.7 while the S&P 500 average is None
EQR has a forward P/E ratio of 36.7 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 2.02 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 $22.29 Billion. Equity Residential currently returns an annual dividend yield of 4.5%.

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.