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Equity Residential (GB:0IIB)
LSE:0IIB
Holding GB:0IIB?
Track your performance easily
0IIB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$52.71 - $78.80
Previous Close$75.32
Volume269.00
Average Volume (3M)4.38K
Market Cap
$29.38B
Enterprise Value$37.03B
Total Cash (Recent Filing)$38.30M
Total Debt (Recent Filing)$7.16B
Price to Earnings (P/E)30.4
Beta0.59
Next Earnings
Oct 22, 2024EPS Estimate
$0.4Last Dividend Ex-Date
Sep 24, 2024Dividend Yield3.55%
Share Statistics
EPS (TTM)2.48
Shares Outstanding379,135,883
10 Day Avg. Volume609
30 Day Avg. Volume4,380
Standard Deviation0.08
R-Squared0.32
Alpha0.00104
Financial Highlights & Ratios
Price to Book (P/B)2.63
Price to Sales (P/S)9.79
Price to Cash Flow (P/CF)18.00
P/FCF Ratio24.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.76
Enterprise Value/Gross Profit20.27
Enterprise Value/Ebitda15.97
Forecast
1Y Price Target
$78.24Price Target Upside3.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Equity Residential News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEQR raised FY24 guidance above the Street driven by better than expected SS results.
Market PerformanceThe West Coast, specifically SF & Seattle, along with Washington D.C. have been the biggest upside drivers to guidance YTD, coupled with continued strength in Boston & NYC.
Occupancy And Lease RatesRevenue gains driven by a sequential and Y/Y improvement in occupancy to 96.4% and 2.9% blended lease rate growth.
Bears Say
DemandOrange County and Los Angeles are performing worse than expected, in large part from higher than anticipated delinquency.
Labor MarketLabor market softening will be most acutely felt in EQR's urban & coastal portfolio.
RentsAsking rents for EQR's 1 bed / 1 bath apartments trend below rent levels from a year ago.
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Options Prices
Currently, No data available
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Ownership Overview
3.02% Insiders
29.44% Mutual Funds
43.22% Other Institutional Investors
24.32% Public Companies and
Individual Investors
0IIB FAQ
What was Equity Residential’s price range in the past 12 months?
Equity Residential lowest share price was $52.71 and its highest was $78.80 in the past 12 months.
What is Equity Residential’s market cap?
Currently, no data Available
When is Equity Residential’s upcoming earnings report date?
Equity Residential’s upcoming earnings report date is Oct 22, 2024 which is in 26 days.
How were Equity Residential’s earnings last quarter?
Equity Residential released its earnings results on Jul 29, 2024. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.383 by $0.087.
Is Equity Residential overvalued?
According to Wall Street analysts Equity Residential’s price is currently Undervalued.
Does Equity Residential pay dividends?
Equity Residential pays a Quarterly dividend of $0.68 which represents an annual dividend yield of 3.55%. See more information on Equity Residential dividends here
What is Equity Residential’s EPS estimate?
Equity Residential’s EPS estimate is $0.4.
How many shares outstanding does Equity Residential have?
Equity Residential has 379,135,900 shares outstanding.
What happened to Equity Residential’s price movement after its last earnings report?
Equity Residential reported an EPS of $0.47 in its last earnings report, beating expectations of $0.383. Following the earnings report the stock price went down -4.021%.
Which hedge fund is a major shareholder of Equity Residential?
Among the largest hedge funds holding Equity Residential’s share is First Eagle Investment Management LLC. It holds Equity Residential’s shares valued at 645M.
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Equity Residential Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$78.24 (3.88% Upside)
$78.24 (3.88% Upside)
Blogger Sentiment
Bullish
GB:0IIB Sentiment 100%
Sector Average 64%
Sector Average 64%
Insider Transactions
Sold Shares
Worth $2.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.95%
12-Months-Change
Fundamentals
Return on Equity
8.70%
Trailing 12-Months
Asset Growth
-1.82%
Trailing 12-Months
Company Description
Equity Residential
Equity Residential operates as a real estate investment trust. It engages in the acquisition, development, and management of rental apartment properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The company was founded by Robert H. Lurie and Sam Zell in March 1993 and is headquartered in Chicago, IL.
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0IIB Company Deck
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0IIB Earnings Call
Q2 2024
0:00 / 0:00
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0IIB Stock 12 Month Forecast
Average Price Target
$78.24
▲(3.88% Upside)
Technical Analysis
Best Analysts Covering 0IIB
1 Year
1 Year Success Rate
16/20 ratings generated profit
1 Year Average Return
+9.03%
reiterated a buy rating 25 days ago
Copying Michael Lewis's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +9.03% per trade.
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