Equity Residential Properties Trust (NYSE: EQR) is 8.08% higher on its value in year-to-date trading and has touched a low of $52.57 and a high of $69.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EQR stock was last observed hovering at around $66.70 in the last trading session, with the day’s loss setting it -0.6%.
Currently trading at $66.10, the stock is 4.13% and 5.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing -0.90% at the moment leaves the stock 8.47% off its SMA200. EQR registered 4.95% gain for a year compared to 6-month gain of 21.08%.
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The stock witnessed a 2.53% loss in the last 1 month and extending the period to 3 months gives it a 12.38%, and is 3.22% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.75% over the week and 1.93% over the month.
Equity Residential Properties Trust (EQR) has around 2400 employees, a market worth around $25.05B and $2.88B in sales. Current P/E ratio is 27.68 and Fwd P/E is 40.14. Profit margin for the company is 31.75%. Distance from 52-week low is 25.74% and -4.82% from its 52-week high. The company has generated returns on investments over the last 12 months (4.92%).
The EPS is expected to shrink by -22.79% this year
The shares outstanding are 379.29M, and float is at 371.57M with Short Float at 1.50%.
Equity Residential Properties Trust (EQR) Insider Activity
The most recent transaction is an insider sale by HABEN MARY KAY, the company’s Director. SEC filings show that HABEN MARY KAY sold 3,241 shares of the company’s common stock on Apr 26 ’24 at a price of $65.48 per share for a total of $0.21 million. Following the sale, the insider now owns 9720.0 shares.
Equity Residential Properties Trust disclosed in a document filed with the SEC on Apr 24 ’24 that Brackenridge Alexander (Executive Vice President & CIO) sold a total of 4,027 shares of the company’s common stock. The trade occurred on Apr 24 ’24 and was made at $65.01 per share for $0.26 million. Following the transaction, the insider now directly holds 69901.0 shares of the EQR stock.
Still, SEC filings show that on Feb 13 ’24, Garechana Robert (EVP & Chief Financial Officer) disposed off 876 shares at an average price of $57.80 for $50633.0. The insider now directly holds 20,933 shares of Equity Residential Properties Trust (EQR).
