AllAnalyst Report
logoMorningstarSeptember 17, 2021

Equity Residential: Apartment Demand Is Starting to Recover, Though Supply Limits Equity Residential's Upside

Symbols
EQR
Sector(s)
Real Estate
Rating
Current Price
$84.58
Fair Value
Economic Moat
Stewardship
Summary

Equity Residential owns a portfolio of 303 apartment communities with around 78,000 units and is developing three additional properties with 825 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.

Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
Try it Free

Analyst Profile

Kevin Brown

Equity Analyst
Kevin Brown is an equity analyst on the finance team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers apartment, healthcare, and hotel REITs and real estate service companies in the United States.Before joining Morningstar in 2018, Brown worked at an asset-management company focused on global real estate, spending nine years covering healthcare and hotel REITs.Brown holds a bachelor’s degree in economics from Dartmouth College. He also holds the Chartered Financial Analyst® designation.