Equity Residential Properties Trust (NYSE: EQR) is -3.76% lower on its value in year-to-date trading and has touched a low of $59.41 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 $69.59 in the last trading session, with the day’s loss setting it -0.53%.
Currently trading at $69.06, the stock is -0.74% and -0.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.11 million and changing -0.76% at the moment leaves the stock -3.82% off its SMA200. EQR registered 4.21% gain for a year compared to 6-month loss of -6.08%.
The stock witnessed a 3.20% gain in the last 1 month and extending the period to 3 months gives it a -2.69%, and is -2.13% 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 1.63% over the week and 1.87% over the month.
Equity Residential Properties Trust (EQR) has around 2500 employees, a market worth around $27.05B and $2.99B in sales. Current P/E ratio is 26.94 and Fwd P/E is 50.36. Profit margin for the company is 33.24%. Distance from 52-week low is 16.24% and -12.07% from its 52-week high. The company has generated returns on investments over the last 12 months (5.18%).
The EPS is expected to shrink by -49.09% this year
The shares outstanding are 379.84M, and float is at 376.67M with Short Float at 1.75%.
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 14.7583 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 sale by Carraway Catherine, the company’s EVP & CHRO. SEC filings show that Carraway Catherine sold 1,007 shares of the company’s common stock on May 01 ’25 at a price of $70.55 per share for a total of $71044.0. Following the sale, the insider now owns 12746.0 shares.
Still, SEC filings show that on Mar 17 ’25, Garechana Robert (EVP & Chief Financial Officer) acquired 4 shares at an average price of $69.81 for $279.0. The insider now directly holds 14,112 shares of Equity Residential Properties Trust (EQR).