Demystifying Equity Residential: Insights From 6 Analyst Reviews

Comments
Loading...

Across the recent three months, 6 analysts have shared their insights on Equity Residential EQR, expressing a variety of opinions spanning from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 3 3 0 0
Last 30D 0 1 1 0 0
1M Ago 0 0 1 0 0
2M Ago 0 1 0 0 0
3M Ago 0 1 1 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $78.0, a high estimate of $83.00, and a low estimate of $74.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 2.99%.

price target chart

Interpreting Analyst Ratings: A Closer Look

A comprehensive examination of how financial experts perceive Equity Residential is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
James Feldman Wells Fargo Lowers Equal-Weight $75.00 $77.00
Richard Hightower Barclays Lowers Overweight $79.00 $83.00
Vikram Malhorta Mizuho Lowers Neutral $74.00 $78.00
Richard Hightower Barclays Announces Overweight $83.00 -
Nicholas Yulico Scotiabank Lowers Sector Perform $78.00 $81.00
Brad Heffern RBC Capital Lowers Outperform $79.00 $83.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Equity Residential. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Equity Residential compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Equity Residential's stock. This comparison reveals trends in analysts' expectations over time.

To gain a panoramic view of Equity Residential's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Equity Residential analyst ratings.

Delving into Equity Residential's Background

Equity Residential owns a portfolio of 299 apartment communities with around 80,000 units and is developing three additional properties with 977 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.

Equity Residential's Economic Impact: An Analysis

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Revenue Growth: Equity Residential displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 3.35%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Equity Residential's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 19.12%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Equity Residential's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.31% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.7%, the company showcases effective utilization of assets.

Debt Management: With a below-average debt-to-equity ratio of 0.8, Equity Residential adopts a prudent financial strategy, indicating a balanced approach to debt management.

The Core of Analyst Ratings: What Every Investor Should Know

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

Breaking: Wall Street's Next Big Mover

Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

EQR Logo
EQREquity Residential
$67.020.15%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
69.62
Growth
47.07
Quality
25.51
Value
46.46
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In: