Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $70.90 in the prior trading day, Equity Residential Properties Trust (NYSE: EQR) closed at $68.39, down -3.54%. In other words, the price has decreased by -$3.54 from its previous closing price. On the day, 1.65 million shares were traded. EQR stock price reached its highest trading level at $71.02 during the session, while it also had its lowest trading level at $68.33.
Ratios:
Our goal is to gain a better understanding of EQR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 945.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.00. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.80.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on December 17, 2024, initiated with a Overweight rating and assigned the stock a target price of $83.
On November 13, 2024, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $77.75 to $81.50.
BofA Securities Downgraded its Buy to Neutral on September 24, 2024, whereas the target price for the stock was revised from $78 to $82.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 07 ’24 when Manelis Michael L sold 2,000 shares for $71.50 per share. The transaction valued at 143,000 led to the insider holds 26,053 shares of the business.
Manelis Michael L bought 2,000 shares of EQR for $143,000 on Nov 07 ’24. On Aug 28 ’24, another insider, Carraway Catherine, who serves as the EVP & CHRO of the company, sold 1,000 shares for $74.20 each. As a result, the insider received 74,200 and left with 10,379 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EQR now has a Market Capitalization of 27728521216 and an Enterprise Value of 35155722240. As of this moment, Equity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.63, and their Forward P/E ratio for the next fiscal year is 43.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.25 while its Price-to-Book (P/B) ratio in mrq is 2.39. Its current Enterprise Value per Revenue stands at 11.954 whereas that against EBITDA is 19.572.
Stock Price History:
The Beta on a monthly basis for EQR is 0.95, which has changed by 0.15228343 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, EQR has reached a high of $78.83, while it has fallen to a 52-week low of $57.33. The 50-Day Moving Average of the stock is -6.45%, while the 200-Day Moving Average is calculated to be -2.34%.
Shares Statistics:
The stock has traded on average 1.44M shares per day over the past 3-months and 1505750 shares per day over the last 10 days, according to various share statistics. A total of 379.35M shares are outstanding, with a floating share count of 376.26M. Insiders hold about 0.84% of the company’s shares, while institutions hold 94.01% stake in the company. Shares short for EQR as of 1734048000 were 6188267 with a Short Ratio of 4.31, compared to 1731628800 on 5558599. Therefore, it implies a Short% of Shares Outstanding of 6188267 and a Short% of Float of 2.22.
Dividends & Splits
In the trailing 12 months, EQR’s forward annual dividend rate was 2.688, compared to 2.70 this year. Against a Trailing Annual Dividend Yield of 0.03791255The stock’s 5-year Average Dividend Yield is 3.7. The current Payout Ratio is 120.59% for EQR, which recently paid a dividend on 2025-01-02 with an ex-dividend date of 1735776000. Stock splits for the company last occurred on 2001-10-12 when the company split stock in a 2:1 ratio.
