The Latest Breaking News from Equity Residential

Equity Residential is poised to announce its third-quarter results later this month, and analysts predict a single-digit growth in the company’s bottom-line figure.

Despite Equity Residential’s outperformance relative to the broader Nasdaq Composite in 2024, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

The residential housing market is thriving, driven by its rising demand, lower mortgage levels, and shifting demographics. Thus, one could watch out for leading residential REITs Equity Residential (EQR), AvalonBay (AVB), and Essex Property (ESS) for solid gains. Read on….

Equity Residential has lagged the broader market over the past year, yet analysts remain moderately optimistic about the stock’s prospects.

With attractive features like lower risk, regular income flow, professional management, and portfolio diversification, residential REITs offer a steady investment alternative to investors. Thus, it could be wise to watch sound residential REITs, AvalonBay Communities (AVB), Equity Residential (EQR), and Invitation Homes (INVH) amid rising housing demand. Continue reading.

Equity Residential is set to unveil its Q2 earnings later this month, and analysts project a single-digit bottom-line growth.

Equity Residential shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

Zell left a legacy and an impact in the real estate industry as well as he took his company public in the New York Stock Exchange.

The Federal Reserve continues to make it tough for real estate investment trusts (REITs). 

Analysts’ opinions are quite important when it comes to stock prices. An upgrade or downgrade can quickly move a stock’s price and lift or lower an analyst’s target price. The target price can also guide investors as to the potential long-term appreciation or depreciation of a stock.

The real estate investment trust Equity Residential (NYSE: EQR) is one of the most popular apartment REITs and one that analysts have been giving favorable ratings to so far this year. The company owns or has investments in 311 properties consisting of 80,581 apartment units.