|Bid||85.31 x 900|
|Ask||85.38 x 800|
|Day's Range||84.24 - 85.80|
|52 Week Range||62.40 - 87.09|
|Beta (3Y Monthly)||0.40|
|PE Ratio (TTM)||42.57|
|Forward Dividend & Yield||2.27 (2.67%)|
|1y Target Est||N/A|
REITs will likely benefit from the Fed's latest rate-cut move to sustain economic expansion. This apart, underlying fundamentals of certain asset categories have been displaying strength.
Expansion of portfolio with the California property's buyout and lease with Vertical will help Innovative Industrial Properties (IIPR) bank on favorable trends as well as drive top-line growth.
Expansion of funding for an Illinois property with Ascend Wellness Holdings arm to help Innovative Industrial Properties (IIPR) bank on favorable trends and drive top-line growth.
With the possibility of a rate cut, REITs are back in the limelight. Moreover, with greater demand and higher occupancy levels, prospects of residential REITs are getting a boost.
Boston Properties' (BXP) latest acquisition will help boost the company's footprint in Boston's thriving suburb which is witnessing rising demand for class A space.
Iron Mountain's (IRM) latest acquisition of Suppla's BPO unit will likely help expand its Latin America business and strengthen the company's information-management service.
Extra Space Storage's (EXR) high brand value, strategic acquisitions and robust presence in key cities serve as growth drivers amid healthy demand in the self-storage industry.
With a portfolio footprint in the incrementally-positive Sunbelt region, Mid-America Apartment Communities (MAA) is well poised to enjoy favorable fundamentals of the U.S apartment industry.
Equity Residential (EQR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
UMH Properties' (UMH) latest purchase of Northtowne Meadows, in the challenging acquisition market, marks the completion of the company's four-community portfolio buyout for around $55 million.
St. Joe's (JOE) efforts to enhance its portfolio of income-producing properties, and possession of substantial residential and commercial land-use entitlements bode well.
With a robust property base and solid balance sheet, Equity Residential (EQR) is poised to excel amid job-market growth, favorable demographics, lifestyle transformation, and creation of households.
Sun Communities (SUI) is set to merger Jensen's, as a subsidiary of the company, through which it will acquire a 31-community manufactured housing property portfolio for $343.6 million.
Executive Vice President & COO of Equity Residential (30-Year Financial, Insider Trades) Michael L Manelis (insider trades) sold 8,672 shares of EQR on 08/19/2019 at an average price of $82 a share. Continue reading...
This year is shaping up to be one of the hottest for multifamily sales across metro Denver. With the big sale of Union Denver, record-setting portfolio deals and plenty of recent activity in the suburbs, brokers are saying they’ve never been busier. “Calls are coming in on a weekly basis with interest in this market,” said Terrance Hunt, vice chairman of Newmark Knight Frank’s multifamily team.
The Zacks Analyst Blog Highlights: Equity Lifestyle Properties, Equity Residential, Kinross Gold, Barrick Gold and Kirkland Lake Gold
U.S. inflation picks up in July as core prices strengthen. In such an inflationary environment, investors should buy real estate and gold which increase in value at a rate in excess of the rate of inflation.
Essex Property (ESS) will likely benefit from its strong property base in West Coast, solid balance sheet, favorable demographics, stable economy and job gains.