78.59 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||78.73 x 800|
|Ask||78.75 x 800|
|Day's Range||77.74 - 78.85|
|52 Week Range||62.40 - 79.87|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||53.17|
|Forward Dividend & Yield||2.27 (2.89%)|
|1y Target Est||N/A|
Dweck Properties Inc. has picked up another multifamily property in Pentagon City, not far from where Amazon.com Inc. (NASDAQ: AMZN) is settling into its second home. The acquisition, from an affiliate of Equity Residential (NYSE: EQR), is the second big apartment deal in the same general area in two months, following the sale of the 534-unit Meridian at Pentagon City in May for $228 million to a joint venture of Polinger Development Co. and an unidentified institutional investor. Commercial real estate research firm Delta Associates projects Amazon's arrival will create demand from about 6,600 HQ2 employees seeking apartments or condos in the D.C. area by 2030, the majority of them in or near Pentagon City, a figure that increases to 9,900 at full build-out by 2034.
Equity Residential is a US$30b large-cap, real estate investment trust (REIT) based in Chicago, United States. REITs...
With the possibility of a rate cut, REITs are back in the limelight. Moreover, with greater demand and higher occupancy levels, prospects of a number of REITs are getting a boost.
Equity Residential NYSE:EQRView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for EQR with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting EQR. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $6.11 billion over the last one-month into ETFs that hold EQR are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Residential REITs poised to benefit from a stable economy, a healthy labor market, favorable demographics and household formation despite elevated supply in certain markets.
Considering that REITs aren’t designed for stock appreciation — they're designed for dividend yield — this is a clear indication that something is off with the broader market. When rates increase, the stock market will have to stand by itself, which will be difficult because the repayment of debts will be more expensive for many companies that borrowed cheap money. While all REITs are likely to take a hit, some will present excellent buying opportunities, especially since you will be collecting relatively generous dividend yields in the meantime.
Essex Property Trust (ESS) likely to benefit from favorable demographic trends, household formation, healthy economy and job-market growth despite high apartment deliveries in the near term.
The new owners, a joint venture of Jefferson Apartment Group and Lasalle Investment Management, plan substantial upgrades to the property.
Is Equity Residential (NYSE:EQR) a good dividend stock? How would you know? Dividend paying companies with growing...
Equity Residential (EQR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
The complex sits next to the campuses of some of San Jose's largest companies, including Cisco Systems, Cypress Semiconductor, Lumentum and ForeScout Technologies.
In a world of minuscule interest rates, investors are searching far and wide for yield. But many of them don't need to look beyond the front door - if they live in an apartment.Apartment real estate investment trusts (REITs) are well-poised to deliver reliable and growing dividends for the foreseeable future.Homeownership rates in the United States have fallen, from 69.2% in the second quarter of 2004, to 64.2% at latest count. The decline is due in part to the higher underwriting standards instituted after 2008, and in part to younger Americans struggling to pay rent, let alone a down payment, mortgage bills and other costs of homeownership. Moreover, along the West Coast and in other cities such as Boston and New York, tough zoning laws and "NIMBY-ism" (Not In My Back Yard) prevent adequate new residential construction - a problem that does not look to be rectified easily, if ever.The 10-year-long U.S. economic recovery and 4% mortgages have bumped up homeownership rates only marginally in recent seasons. Yet as national employment rolls expand, so is demand for housing - but a "severe shortage of housing" has been "too high of a hurdle for many would-be buyers to clear," Freddie Mac recently said. The housing shortage is a national concern, but for investors, the tight residential markets signal opportunity. Well-managed apartment REITs, which own and operate apartment communities, are perfectly positioned to take advantage. Here are six apartment REITs to buy for this housing shift ... as well as sustained and growing dividend income. SEE ALSO: The 13 Best REITs to Buy in 2019
Equity Residential (EQR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
After Equity Residential's (NYSE:EQR) earnings announcement on 31 March 2019, the consensus outlook from analysts...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Equity Residential and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Equity Residential's (EQR) Q1 results highlight enhanced same-store, lease-up and other non-same store NOI amid healthy demand across its markets as well as reduced new supply in New York and Boston.
CHICAGO (AP) _ Equity Residential (EQR) on Tuesday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations. The real estate investment trust, based in Chicago, said it had funds from operations of $314 million, or 82 cents per share, in the period.