Previous close | 66.35 |
Open | 65.01 |
Bid | 0.00 x 900 |
Ask | 0.00 x 800 |
Day's range | 63.97 - 65.30 |
52-week range | 57.38 - 94.32 |
Volume | |
Avg. volume | 2,467,383 |
Market cap | 25.372B |
Beta (5Y monthly) | 0.82 |
PE ratio (TTM) | 22.17 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.50 (3.91%) |
Ex-dividend date | 30 Dec 2022 |
1y target est | N/A |
Improving apartment living demand and expansionary efforts into the suburban markets bode well for Equity Residential (EQR). A flexible working environment and rising interest rates are woes.
SL Green's (SLG) Q4 earnings miss estimates on lower-than-anticipated revenues and a fall in occupancy. However, same-store cash net operating income improves year over year.
Since the COVID-19 pandemic, residential real estate has been one of the best-performing asset classes. In some hot markets, like Phoenix and Austin, home prices rose 50% or more. Does this present a problem for apartment real estate investment trusts (REITs) like Equity Residential (NYSE: EQR)?