|Bid||84.11 x 800|
|Ask||84.12 x 600|
|Day's Range||83.55 - 84.22|
|52 Week Range||76.98 - 92.92|
|PE Ratio (TTM)||7.58|
|Expense Ratio (net)||0.12%|
In this series, we'll analyze how the top ten dividend-yielding REITs have performed in comparison to the S&P 500.
Michael Underhill, chief investment officer of Capital Innovations, has long been a fan of timber real estate investment trusts. Vanguard is asking shareholders to swap the index it uses for its $35 billion real estate exchange-traded fund, Vanguard REIT ETF (VNQ) (plus a $1 billion insurance-related real estate sector fund) to a different index that includes timber REITs. Hundreds of millions in capital could flow into timber REITs with that change, says Underhill.
Analysts covering EQR have given the company a mean price target of $66.20, implying a 1.1% rise from its current level of $65.46.