Equity Residential Properties Trust (NYSE: EQR) is -0.18% 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 $71.28 in the last trading session, with the day’s gains setting it 0.35%.
Currently trading at $71.63, the stock is 1.52% and 0.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing 0.49% at the moment leaves the stock -0.26% off its SMA200. EQR registered 17.50% gain for a year compared to 6-month loss of -3.80%. The firm has a 50-day simple moving average (SMA 50) of $71.004 and a 200-day simple moving average (SMA200) of $71.92325.
The stock witnessed a -2.46% gain in the last 1 month and extending the period to 3 months gives it a 0.66%, and is 0.08% 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 1.89% over the week and 2.13% over the month.
Equity Residential Properties Trust (EQR) has around 2500 employees, a market worth around $28.03B and $2.96B in sales. Current P/E ratio is 26.89 and Fwd P/E is 51.69. Profit margin for the company is 34.86%. Distance from 52-week low is 21.39% and -8.80% 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 -52.97% this year
1030.0 institutions hold shares in Equity Residential Properties Trust (EQR), with institutional investors hold 96.28% of the company’s shares. The shares outstanding are 379.48M, and float is at 376.44M with Short Float at 1.60%. Institutions hold 95.81% 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 10.1488 of the shares outstanding. The other top investors are NORGES BANK which holds 35.12 million shares representing 9.2762 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 purchase by Garechana Robert, the company’s EVP & Chief Financial Officer. SEC filings show that Garechana Robert bought 4 shares of the company’s common stock on Mar 17 ’25 at a price of $69.81 per share for a total of $279.0. Following the purchase, the insider now owns 14112.0 shares.
Equity Residential Properties Trust disclosed in a document filed with the SEC on Feb 06 ’25 that Manelis Michael L (Executive Vice President & COO) sold a total of 9,487 shares of the company’s common stock. The trade occurred on Feb 06 ’25 and was made at $72.07 per share for $0.68 million. Following the transaction, the insider now directly holds 26781.0 shares of the EQR stock.
Still, SEC filings show that on Feb 06 ’25, Kaufman Ian (Chief Accounting Officer) disposed off 642 shares at an average price of $72.06 for $46263.0. The insider now directly holds 25,539 shares of Equity Residential Properties Trust (EQR).
