- Investing.com
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 312 properties consisting of 84,018 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin.
Urban Market Dynamics | Explore EQR's strategic positioning in key coastal markets amid evolving urban demographics and the challenges of high national vacancy rates |
Financial Performance | Delve into EQR's mixed financial results, with a 3.71% dividend yield and 3.33% revenue growth, despite recent earnings falling short of expectations |
Expansion Strategy | Learn about EQR's ambitious plan to double its expansion market weighting to 20-25%, capitalizing on favorable transaction conditions in the REIT secto |
Analyst Perspectives | Discover varied analyst views on EQR, with price targets ranging from $69 to $83, reflecting diverse opinions on the company's growth potential and market position |
Metrics to compare | EQR | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipEQRPeersSector | |
---|---|---|---|---|
P/E Ratio | 28.6x | 31.5x | 7.7x | |
PEG Ratio | 0.80 | 0.25 | 0.01 | |
Price/Book | 2.5x | 1.9x | 0.9x | |
Price / LTM Sales | 9.3x | 7.5x | 3.8x | |
Upside (Analyst Target) | 12.2% | 18.6% | 20.2% | |
Fair Value Upside | Unlock | −10.8% | 1.7% | Unlock |