Is Equity Residential Stock a Good Investment?
Equity Residential Investment Advice | EQR |
- Examine Equity Residential's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Equity Residential's leadership team and their track record. Good management can help Equity Residential navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Multi-Family Residential REITs space and any emerging trends that could impact Equity Residential's business and its evolving consumer preferences.
- Compare Equity Residential's performance and market position to its competitors. Analyze how Equity Residential is positioned in terms of product offerings, innovation, and market share.
- Check if Equity Residential pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Equity Residential's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Equity Residential stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Equity Residential is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Equity Residential Stock
Researching Equity Residential's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 95.0% of the company shares are held by institutions such as insurance companies. The book value of Equity Residential was currently reported as 28.57. The company last dividend was issued on the 24th of September 2024. Equity Residential had 2:1 split on the 12th of October 2001.
To determine if Equity Residential is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Equity Residential's research are outlined below:
| Equity Residential has 7.7 B in debt with debt to equity (D/E) ratio of 0.67, which is OK given its current industry classification. Equity Residential has a current ratio of 0.25, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Equity to invest in growth at high rates of return. | |
| Over 95.0% of Equity Residential shares are held by institutions such as insurance companies | |
| On 11th of October 2024 Equity Residential paid $ 0.675 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Equity Residential Receives Nareit 2024 Residential Leader in the Light Award |
Equity Residential Quarterly Cash And Short Term Investments |
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Equity Residential uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Equity Residential. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Equity Residential's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 30th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Equity Residential's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Equity Residential's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2007-10-30 | 2007-09-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2007-05-01 | 2007-03-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2006-10-31 | 2006-09-30 | 0.09 | 0.08 | -0.01 | 11 | ||
2006-08-01 | 2006-06-30 | 0.09 | 0.08 | -0.01 | 11 | ||
2006-05-02 | 2006-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2010-10-27 | 2010-09-30 | 0.07 | 0.09 | 0.02 | 28 | ||
2009-02-04 | 2008-12-31 | -0.11 | -0.13 | -0.02 | 18 | ||
2007-02-06 | 2006-12-31 | 0.04 | 0.02 | -0.02 | 50 |
Know Equity Residential's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Equity Residential is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Equity Residential backward and forwards among themselves. Equity Residential's institutional investor refers to the entity that pools money to purchase Equity Residential's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2024-06-30 | 7.1 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 6.7 M | Legal & General Group Plc | 2024-06-30 | 5.7 M | Resolution Capital Limited | 2024-09-30 | 5.5 M | Macquarie Group Ltd | 2024-06-30 | 5.3 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 5.2 M | Canada Pension Plan Investment Board | 2024-09-30 | 5 M | Centersquare Investment Management Llc | 2024-09-30 | 4.6 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 4.3 M | Vanguard Group Inc | 2024-09-30 | 55.7 M | Blackrock Inc | 2024-06-30 | 38.4 M |
Equity Residential's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 30.15 B.Market Cap |
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Equity Residential's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.03 | |
| Return On Capital Employed | 0.06 | 0.05 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.08 | 0.08 |
Determining Equity Residential's profitability involves analyzing its financial statements and using various financial metrics to determine if Equity Residential is a good buy. For example, gross profit margin measures Equity Residential's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Equity Residential's profitability and make more informed investment decisions.
Evaluate Equity Residential's management efficiency
Equity Residential has Return on Asset of 0.0273 % which means that on every $100 spent on assets, it made $0.0273 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0836 %, implying that it generated $0.0836 on every 100 dollars invested. Equity Residential's management efficiency ratios could be used to measure how well Equity Residential manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/28/2024, Return On Equity is likely to grow to 0.08, while Return On Tangible Assets are likely to drop 0.03. At this time, Equity Residential's Other Assets are relatively stable compared to the past year. As of 11/28/2024, Intangible Assets is likely to grow to about 200.7 M, while Non Current Assets Total are likely to drop slightly above 434.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 30.57 | 19.58 | |
| Tangible Book Value Per Share | 30.57 | 25.22 | |
| Enterprise Value Over EBITDA | 15.06 | 13.50 | |
| Price Book Value Ratio | 2.09 | 1.58 | |
| Enterprise Value Multiple | 15.06 | 13.50 | |
| Price Fair Value | 2.09 | 1.58 | |
| Enterprise Value | 5.8 B | 6.1 B |
At Equity Residential, management's focus on innovation and efficiency has led to impressive financial results. We assess these factors to determine the stock's attractiveness to investors.
Dividend Yield 0.0353 | Forward Dividend Yield 0.0353 | Forward Dividend Rate 2.7 | Beta 0.913 |
Basic technical analysis of Equity Stock
As of the 28th of November, Equity Residential shows the Downside Deviation of 1.27, mean deviation of 0.9395, and Coefficient Of Variation of 1187.77. Equity Residential technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Equity Residential information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Equity Residential is priced favorably, providing market reflects its regular price of 77.48 per share. Given that Equity Residential has jensen alpha of 0.0578, we urge you to verify Equity Residential's prevailing market performance to make sure the company can sustain itself at a future point.Equity Residential's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Equity Residential insiders, such as employees or executives, is commonly permitted as long as it does not rely on Equity Residential's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Equity Residential insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ian Kaufman over a week ago Acquisition by Ian Kaufman of tradable shares of Equity Residential at 62.11 subject to Rule 16b-3 | ||
Alexander Brackenridge over three months ago Disposition of 11212 shares by Alexander Brackenridge of Equity Residential at 72.52 subject to Rule 16b-3 | ||
Ian Kaufman over three months ago Acquisition by Ian Kaufman of tradable shares of Equity Residential at 57.84 subject to Rule 16b-3 | ||
Robert Garechana over three months ago Disposition of 6357 shares by Robert Garechana of Equity Residential at 69.08 subject to Rule 16b-3 | ||
Catherine Carraway over six months ago Acquisition by Catherine Carraway of 1547 shares of Equity Residential subject to Rule 16b-3 |
Equity Residential's Outstanding Corporate Bonds
Equity Residential issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Equity Residential uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Equity bonds can be classified according to their maturity, which is the date when Equity Residential has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Equity Residential's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Equity Residential's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0683 | |||
| Market Risk Adjusted Performance | 0.3154 | |||
| Mean Deviation | 0.9395 | |||
| Semi Deviation | 1.21 | |||
| Downside Deviation | 1.27 | |||
| Coefficient Of Variation | 1187.77 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.57 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0578 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.3054 | |||
| Maximum Drawdown | 7.21 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.31 | |||
| Downside Variance | 1.62 | |||
| Semi Variance | 1.47 | |||
| Expected Short fall | (1.07) | |||
| Skewness | (0.80) | |||
| Kurtosis | 2.71 |
| Risk Adjusted Performance | 0.0683 | |||
| Market Risk Adjusted Performance | 0.3154 | |||
| Mean Deviation | 0.9395 | |||
| Semi Deviation | 1.21 | |||
| Downside Deviation | 1.27 | |||
| Coefficient Of Variation | 1187.77 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.57 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0578 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.3054 | |||
| Maximum Drawdown | 7.21 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.31 | |||
| Downside Variance | 1.62 | |||
| Semi Variance | 1.47 | |||
| Expected Short fall | (1.07) | |||
| Skewness | (0.80) | |||
| Kurtosis | 2.71 |
Consider Equity Residential's intraday indicators
Equity Residential intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Equity Residential stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Equity Residential Corporate Filings
F4 | 18th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 4th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Equity Stock media impact
Far too much social signal, news, headlines, and media speculation about Equity Residential that are available to investors today. That information is available publicly through Equity media outlets and privately through word of mouth or via Equity internal channels. However, regardless of the origin, that massive amount of Equity data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Equity Residential news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Equity Residential relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Equity Residential's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Equity Residential alpha.
Equity Residential Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Equity Residential can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Equity Residential Historical Investor Sentiment
Investor biases related to Equity Residential's public news can be used to forecast risks associated with an investment in Equity. The trend in average sentiment can be used to explain how an investor holding Equity can time the market purely based on public headlines and social activities around Equity Residential. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Equity Residential's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Equity Residential and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Equity Residential news discussions. The higher the estimate score, the more favorable the investor's outlook on Equity Residential.
Additional Tools for Equity Stock Analysis
When running Equity Residential's price analysis, check to measure Equity Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.