Equity Residential Properties Trust (NYSE: EQR) is -3.93% lower on its value in year-to-date trading and has touched a low of $59.01 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 $68.28 in the last trading session, with the day’s gains setting it 0.66%.
Currently trading at $68.94, the stock is -3.95% and -2.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.47 million and changing 0.97% at the moment leaves the stock -3.47% off its SMA200. EQR registered 12.00% gain for a year compared to 6-month loss of -9.81%. The firm has a 50-day simple moving average (SMA 50) of $70.632 and a 200-day simple moving average (SMA200) of $71.55825.
The stock witnessed a -2.86% gain in the last 1 month and extending the period to 3 months gives it a -5.43%, and is -4.21% 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 2.49% over the week and 2.09% over the month.
Equity Residential Properties Trust (EQR) has around 2500 employees, a market worth around $26.97B and $2.96B in sales. Current P/E ratio is 25.88 and Fwd P/E is 47.73. Profit margin for the company is 34.86%. Distance from 52-week low is 16.83% and -12.22% from its 52-week high. The company has generated returns on investments over the last 12 months (5.59%).
with sales reaching $769.82M over the same period.The EPS is expected to shrink by -50.54% this year, but quarterly earnings will post 5.07% year-over-year. Quarterly sales are estimated to grow 5.34% in year-over-year returns.
Equity Residential Properties Trust (EQR) Top Institutional Holders
1049.0 institutions hold shares in Equity Residential Properties Trust (EQR), with institutional investors hold 96.25% of the company’s shares. The shares outstanding are 379.48M, and float is at 376.44M with Short Float at 1.77%. Institutions hold 95.78% 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).
