Equity Residential which can be found using ticker (EQR) have now 21 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 95 and 58 with the average target price sitting at $67.81. Now with the previous closing price of $59.63 this would indicate that there is a potential upside of 13.7%. It’s also worth noting that there is a 50 day moving average of $61.71 and the 200 moving average now moves to $66.29. The market capitalization for the company is $23,464m. Find out more information at: https://www.equityapartments.com
The potential market cap would be $26,683m 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 high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.
The company has a dividend yield of 4.44% with the ex dividend date set at 24-3-2023 (DMY).
Other points of data to note are a P/E ratio of 29.84, revenue per share of 7.27 and a 2.45% return on assets.
