|Bid||77.46 x 800|
|Ask||77.45 x 800|
|Day's range||75.74 - 77.52|
|52-week range||67.48 - 94.32|
|Beta (5Y monthly)||0.83|
|PE ratio (TTM)||24.11|
|Earnings date||24 Oct 2022 - 28 Oct 2022|
|Forward dividend & yield||2.46 (3.24%)|
|Ex-dividend date||24 Jun 2022|
|1y target est||83.14|
This is good news for some apartment real estate investment trusts (REITs), especially Equity Residential (NYSE: EQR), which specializes in luxury urban apartments. Equity Residential specializes in luxury rentals for young, affluent tenants in select urban areas. Equity Residential recently reported its second-quarter earnings.
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...
Shares of Equity Residential (NYSE: EQR) have tumbled 18.8% from their peak this year. This sell-off has pushed the real estate investment trust's (REIT) dividend yield up over 3.3%, making it even more attractive to income-focused investors. Adding to its investor appeal is the continued strength in apartment market conditions.