Equity Residential Properties Trust (NYSE: EQR) is 14.81% higher on its value in year-to-date trading and has touched a low of $52.57 and a high of $71.78 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 $70.67 in the last trading session, with the day’s loss setting it -0.45%.
Currently trading at $70.22, the stock is 1.27% and 3.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.21 million and changing -0.64% at the moment leaves the stock 12.74% off its SMA200. EQR registered 6.68% gain for a year compared to 6-month gain of 15.19%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 4.05% loss in the last 1 month and extending the period to 3 months gives it a 7.11%, and is -0.78% down 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 2.70% over the week and 2.11% over the month.
Equity Residential Properties Trust (EQR) has around 2400 employees, a market worth around $26.62B and $2.90B in sales. Current P/E ratio is 28.36 and Fwd P/E is 42.84. Profit margin for the company is 32.89%. Distance from 52-week low is 33.57% and -2.17% from its 52-week high. The company has generated returns on investments over the last 12 months (5.17%).
The EPS is expected to shrink by -11.59% this year.
Equity Residential Properties Trust (EQR) Top Institutional Holders
The shares outstanding are 379.29M, and float is at 371.77M with Short Float at 1.47%.
Equity Residential Properties Trust (EQR) Insider Activity
The most recent transaction is an insider sale by Garechana Robert,the company’sEVP & Chief Financial Officer. SEC filings show that Garechana Robert sold 6,357 shares of the company’s common stock on Jun 24 ’24 at a price of $69.08 per share for a total of $0.44 million. Following the sale, the insider now owns 14576.0 shares.
Equity Residential Properties Trust disclosed in a document filed with the SEC on May 31 ’24 that BYNOE LINDA (Director) sold a total of 3,241 shares of the company’s common stock. The trade occurred on May 31 ’24 and was made at $64.23 per share for $0.21 million. Following the transaction, the insider now directly holds 20112.0 shares of the EQR stock.
Still, SEC filings show that on Apr 26 ’24, HABEN MARY KAY (Director) disposed off 3,241 shares at an average price of $65.48 for $0.21 million. The insider now directly holds 9,720 shares of Equity Residential Properties Trust (EQR).
