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Equity Residential is a reit—residential business based in the US. Equity Residential shares (EQR) are listed on the NYSE and all prices are listed in US Dollars. Equity Residential employs 2,600 staff and has a trailing 12-month revenue of around USD$2.7 billion.
|Latest market close||USD$51.09|
|52-week range||USD$49.62 - USD$89.55|
|50-day moving average||USD$55.2969|
|200-day moving average||USD$59.4194|
|Wall St. target price||USD$59.41|
|Dividend yield||USD$2.41 (4.77%)|
|Earnings per share (TTM)||USD$3.013|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-09-24)||1.15%|
|1 month (2020-09-01)||-10.02%|
|3 months (2020-07-01)||-16.01%|
|6 months (2020-04-01)||-11.46%|
|1 year (2019-10-01)||-40.71%|
|2 years (2018-10-01)||-22.64%|
|3 years (2017-09-29)||-22.51%|
|5 years (2015-10-01)||-32.12%|
Valuing Equity Residential stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Equity Residential's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Equity Residential's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Equity Residential shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Equity Residential's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 13.141. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Equity Residential's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Equity Residential's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.7 billion.
The EBITDA is a measure of a Equity Residential's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2.7 billion|
|Operating margin TTM||33.11%|
|Gross profit TTM||USD$1.8 billion|
|Return on assets TTM||2.68%|
|Return on equity TTM||10.76%|
|Market capitalisation||USD$18.9 billion|
TTM: trailing 12 months
There are currently 6.8 million Equity Residential shares held short by investors – that's known as Equity Residential's "short interest". This figure is 0% down from 6.8 million last month.
There are a few different ways that this level of interest in shorting Equity Residential shares can be evaluated.
Equity Residential's "short interest ratio" (SIR) is the quantity of Equity Residential shares currently shorted divided by the average quantity of Equity Residential shares traded daily (recently around 2.4 million). Equity Residential's SIR currently stands at 2.89. In other words for every 100,000 Equity Residential shares traded daily on the market, roughly 2890 shares are currently held short.
However Equity Residential's short interest can also be evaluated against the total number of Equity Residential shares, or, against the total number of tradable Equity Residential shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Equity Residential's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Equity Residential shares in existence, roughly 20 shares are currently held short) or 0.0246% of the tradable shares (for every 100,000 tradable Equity Residential shares, roughly 25 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Equity Residential.
Find out more about how you can short Equity Residential stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Equity Residential.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 17.8
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Equity Residential's overall score of 17.8 (as at 08/01/2020) is excellent – landing it in it in the 14th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Equity Residential is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 7.56/100
Equity Residential's environmental score of 7.56 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Equity Residential is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 6.79/100
Equity Residential's social score of 6.79 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Equity Residential is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 9.94/100
Equity Residential's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Equity Residential is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Equity Residential scored a 1 out of 5 for controversy – the highest score possible, reflecting that Equity Residential has managed to keep its nose clean.
|Total ESG score||17.8|
|Total ESG percentile||14.22|
|Environmental score percentile||6|
|Social score percentile||6|
|Governance score percentile||6|
|Level of controversy||1|
Dividend payout ratio: 77.48% of net profits
Recently Equity Residential has paid out, on average, around 77.48% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.77% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Equity Residential shareholders could enjoy a 4.77% return on their shares, in the form of dividend payments. In Equity Residential's case, that would currently equate to about $2.41 per share.
Equity Residential's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Equity Residential's most recent dividend payout was on 9 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 24 September 2020 (the "ex-dividend date").
Equity Residential's shares were split on a 2:1 basis on 12 October 2001. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Equity Residential shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Equity Residential shares which in turn could have impacted Equity Residential's share price.
Over the last 12 months, Equity Residential's shares have ranged in value from as little as $49.62 up to $89.55. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Equity Residential's is 0.5295. This would suggest that Equity Residential's shares are less volatile than average (for this exchange).
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 rental apartment properties located in urban and high-density suburban communities where today's renters want to live, work and play. Equity Residential owns or has investments in 306 properties consisting of 79,065 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.
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