Urban Market Shifts | Explore EQR's strategic positioning amidst changing urban demographics and evolving renter preferences in key U.S. growth markets |
Financial Performance | Delve into EQR's recent "beat and raise" scenario, analyst FFO estimates, and the intriguing stock underperformance despite positive results |
Growth Catalysts | Uncover EQR's potential for strategic acquisitions driven by improving cost of capital, with price targets ranging from $69 to $83 |
Market Challenges | Learn how EQR navigates urban population shifts, job market trends, and potential supply overhangs in its core coastal markets |
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 299 properties consisting of 79,738 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.
Metrics to compare | EQR | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipEQRPeersSector | |
---|---|---|---|---|
P/E Ratio | 28.3x | 33.0x | 7.5x | |
PEG Ratio | 0.79 | 0.28 | 0.01 | |
Price/Book | 2.5x | 1.9x | 0.9x | |
Price / LTM Sales | 9.2x | 7.6x | 3.9x | |
Upside (Analyst Target) | 14.3% | 13.8% | 15.2% | |
Fair Value Upside | Unlock | −10.7% | 0.9% | Unlock |