Equity Residential which can be found using ticker (EQR) have now 19 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between $75.00 and $61.00 calculating the average target share price we see $68.00. (at the time of writing). Given that the stocks previous close was at $67.13 this is indicating there is a potential upside of 1.3%. The 50 day MA is $63.64 and the 200 day moving average is $60.96. The company has a market capitalization of 25.19B. The current share price for the company is: $66.47 USD
The potential market cap would be $25,516,733,012 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 28.41, revenue per share of $7.65 and a 2.79% return on assets.
Equity Residential is a real estate investment trust. The Company is focused on the acquisition, development and management of residential properties located in and around cities. The Company’s primary business is the acquisition, development and management of multifamily residential properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. It owns and operates rental apartment properties in Boston, New York, Washington, D.C., Southern California (including Los Angeles, Orange County and San Diego), San Francisco, and Seattle. The Company is also focused on expanding its operations in Denver, Atlanta, Dallas/Ft. Worth and Austin. The Company owns approximately 308 properties located in 10 states and the District of Columbia consisting of approximately 79,597 apartment units.
