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 311 properties consisting of 84,249 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.
Urban REIT Dynamics | Explore Equity Residential's strategic positioning in prime coastal markets and its response to evolving urban demographics and work patterns |
Financial Performance | Delve into EQR's recent financial results, including FFO of $0.97 per share and revenue growth of 3.69%, amid operational challenges |
Growth Strategies | Discover EQR's plans to expand market exposure from 10% to 25% and capitalize on improving cost of capital for strategic acquisitions |
Market Outlook | Analysts project positive rent growth for EQR, with price targets ranging from $74 to $90, reflecting varied perspectives on its future prospects |
Metrics to compare | EQR | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipEQRPeersSector | |
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P/E Ratio | 25.3x | 45.3x | 8.2x | |
PEG Ratio | 1.06 | 0.39 | 0.01 | |
Price/Book | 2.4x | 2.1x | 0.9x | |
Price / LTM Sales | 9.1x | 7.7x | 3.7x | |
Upside (Analyst Target) | 12.8% | 9.0% | 19.1% | |
Fair Value Upside | Unlock | −9.9% | 3.7% | Unlock |