As on November 16, 2020, Equity Residential (NYSE: EQR) got off with the flyer as it spiked 4.32% to $62.75. During the day, the stock rose to $62.94 and sunk to $60.72 before settling in for the price of $60.15 at the close. Taking a more long-term approach, EQR posted a 52-week range of $45.42-$87.61.
The company of the Real Estate sector’s yearbook sales growth during the past 5- year span was recorded 0.70%. Meanwhile, its Annual Earning per share during the time was 7.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 46.70%. This publicly-traded company’s shares outstanding now amounts to $371.87 million, simultaneously with a float of $366.31 million. The organization now has a market capitalization sitting at $22.73 billion. At the time of writing, stock’s 50-day Moving Average stood at $53.63, while the 200-day Moving Average is $60.99.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 2700 employees. It has generated 992,524 per worker during the last fiscal year. For the Profitability, stocks gross margin was +34.66, operating margin was +18.93 and Pretax Margin of +35.06.
Equity Residential (EQR) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the REIT – Residential industry. Equity Residential’s current insider ownership accounts for 0.10%, in contrast to 93.00% institutional ownership. According to the most recent insider trade that took place on Feb 19, this organization’s Director sold 29,640 shares at the rate of 85.66, making the entire transaction reach 2,538,962 in total value, affecting insider ownership by 2,874. Preceding that transaction, on Feb 19, Company’s President & CEO sold 50,000 for 85.42, making the whole transaction’s value amount to 4,271,000. This particular insider is now the holder of 20,397 in total.
Equity Residential (EQR) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2020, the company posted $0.24 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.34) by -$0.1. This company achieved a net margin of +36.13 while generating a return on equity of 9.45. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
Equity Residential’s EPS increase for this current 12-month fiscal period is 46.70% and is forecasted to reach 1.02 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.10% through the next 5 years, which can be compared against the 7.00% growth it accomplished over the previous five years trading on the market.
Equity Residential (NYSE: EQR) Trading Performance Indicators
Let’s observe the current performance indicators for Equity Residential (EQR). The Stock has managed to achieve an average true range (ATR) of 2.61. Alongside those numbers, its PE Ratio stands at $24.68, and its Beta score is 0.81. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.60. Similarly, its price to free cash flow for trailing twelve months is now 45.04.
In the same vein, EQR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.54, a figure that is expected to reach 0.25 in the next quarter, and analysts are predicting that it will be 1.02 at the market close of one year from today.
Technical Analysis of Equity Residential (EQR)
Through scrutinizing the latest numbers posted by the [Equity Residential, EQR], it can be observed that its last 5-days Average volume of 4.33 million was better the volume of 2.71 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 62.72% While, its Average True Range was 2.98.
Raw Stochastic average of Equity Residential (EQR) in the period of the previous 100 days is set at 78.77%, which indicates a major rise in contrast to 78.77% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 78.17% that was higher than 42.33% volatility it exhibited in the past 100-days period.