Equity Residential Properties Trust (NYSE: EQR) is -0.74% lower on its value in year-to-date trading and has touched a low of $57.38 and a high of $78.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EQR stock was last observed hovering at around $71.52 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $71.23, the stock is 1.37% and 0.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing -0.41% at the moment leaves the stock 0.54% off its SMA200. EQR registered 24.08% gain for a year compared to 6-month loss of 0.43%. The firm has a 50-day simple moving average (SMA 50) of $70.8934 and a 200-day simple moving average (SMA200) of $71.0357.
The stock witnessed a 2.55% gain in the last 1 month and extending the period to 3 months gives it a -2.49%, and is -0.14% 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 1.72% over the week and 1.95% over the month.
Equity Residential Properties Trust (EQR) has around 2500 employees, a market worth around $27.05B and $2.96B in sales. Current P/E ratio is 26.74 and Fwd P/E is 44.45. Profit margin for the company is 34.86%. Distance from 52-week low is 24.15% and -9.31% from its 52-week high. The company has generated returns on investments over the last 12 months (5.59%).
The EPS is expected to shrink by -46.15% this year.
Equity Residential Properties Trust (EQR) Top Institutional Holders
1032.0 institutions hold shares in Equity Residential Properties Trust (EQR), with institutional investors hold 96.23% of the company’s shares. The shares outstanding are 379.48M, and float is at 376.33M with Short Float at 1.54%. Institutions hold 95.61% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 55.87 million shares valued at $3.87 billion. The investor’s holdings represent 14.7492% of the EQR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 38.42 million shares valued at $2.66 billion to account for 10.1425 of the shares outstanding. The other top investors are NORGES BANK which holds 35.12 million shares representing 9.2705% and valued at over $2.44 billion, while STATE STREET CORP holds 6.2342 of the shares totaling 23.6 million with a market value of $1.64 billion.
Equity Residential Properties Trust (EQR) Insider Activity
The most recent transaction is an insider sale by Manelis Michael L, the company’s Executive Vice President & COO. SEC filings show that Manelis Michael L sold 9,487 shares of the company’s common stock on Feb 06 ’25 at a price of $72.07 per share for a total of $0.68 million. Following the sale, the insider now owns 26781.0 shares.
Equity Residential Properties Trust disclosed in a document filed with the SEC on Feb 06 ’25 that Kaufman Ian (Chief Accounting Officer) sold a total of 642 shares of the company’s common stock. The trade occurred on Feb 06 ’25 and was made at $72.06 per share for $46263.0. Following the transaction, the insider now directly holds 25539.0 shares of the EQR stock.
Still, SEC filings show that on Feb 06 ’25, Garechana Robert (EVP & Chief Financial Officer) disposed off 4,294 shares at an average price of $72.06 for $0.31 million. The insider now directly holds 14,108 shares of Equity Residential Properties Trust (EQR).
