Equity Residential Properties Trust (NYSE:EQR) currently has a daily average trading volume of 2.02M but it saw 2230098 shares traded in last market. With a market cap of 27.03B USD, the company’s current market price of $69.01 came rising about 0.57 while comparing to the previous closing price of $68.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $78.54 and as low as $59.41.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Barclays which initiated the stock as “Overweight” in its note to investors issued on December 17, 2024, recommending a price target of $83 for it. Stifel upgraded its recommendation for the stock as a “Buy” from “Hold” on November 13, 2024 while assigning a price target range of $77.75-$81.50. BofA Securities issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $78 and $82.
Over the week, EQR’s stock price is moving -2.95% down while it is -0.43% when we observe its performance for the past one month. Year-to-date it is -3.83% down and over the past year, the stock is showing an upside performance of 6.40%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.31 while estimate for next year EPS is 1.18. In next quarter, company is expected to be making quarterly sales of $782.35M as analysts are expecting the sales for current fiscal year at $3.11B and seeing the company making $3.25B in sales next year. Moreover, analysts are in estimates of $770.6M for current-quarter revenue.
Currently, Equity Residential Properties Trust’s total number of outstanding shares is 379.84M with 0.52% of that held by the insiders while 95.19% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.18% and return on equity (ROE) at 9.01%. It has a price to earnings ratio (P/E ratio) of 26.92 while having a 51.14 of forward P/E ratio. Stock’s beta reads 0.91. Stock has a price to book (P/B) ratio of 2.38 while price to sale or P/S ratio amounts to 9.03. Its return on asset (ROA) is 4.93% on average.
