Equity Residential which can be found using ticker (EQR) now have 21 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 95 and 58 suggesting an average Analsyt target price of $67.71. Given that the stocks previous close was at $61.32 and the analysts are correct then there would likely be a percentage uptick in value of 10.4%. There is a 50 day moving average of $61.10 and the 200 moving average now moves to $65.72. The market cap for the company is $24,120m. Visit the company website at: https://www.equityapartments.com
The potential market cap would be $26,634m based on the market consensus.
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 308 properties consisting of 79,597 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.
The company has a dividend yield of 4.31% with the ex dividend date set at 24-3-2023 (DMY).
Other points of data to note are a P/E ratio of 31.03, revenue per share of 7.27 and a 2.45% return on assets.
