Equity Residential Properties Trust (EQR) volume hits 1.6 million: A New Opening for Investors

Equity Residential Properties Trust (NYSE: EQR) started the day on Thursday, with a price decrease of -0.27% at $62.79, before settling in for the price of $62.96 at the close. Taking a more long-term approach, EQR posted a 52-week range of $52.57-$69.45.

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The Real Estate sector firm’s twelve-monthly sales growth has been 2.19% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 16.28%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -29.53%. This publicly-traded company’s shares outstanding now amounts to $379.29 million, simultaneously with a float of $372.49 million. The organization now has a market capitalization sitting at $23.83 billion. At the time of writing, stock’s 50-day Moving Average stood at $61.27, while the 200-day Moving Average is $61.25.

Equity Residential Properties Trust (EQR) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the REIT – Residential Industry. Equity Residential Properties Trust’s current insider ownership accounts for 1.86%, in contrast to 94.97% institutional ownership. According to the most recent insider trade that took place on Feb 13 ’24, this organization’s EVP & Chief Financial Officer sold 876 shares at the rate of 57.80, making the entire transaction reach 50,633 in total value, affecting insider ownership by 20,933. Preceding that transaction, on Feb 13 ’24, Company’s EVP & General Counsel sold 829 for 57.80, making the whole transaction’s value amount to 47,916. This particular insider is now the holder of 35,464 in total.

Equity Residential Properties Trust (EQR) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $0.82 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.43) by $0.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.

Equity Residential Properties Trust’s EPS decrease for this current 12-month fiscal period is -29.53% and is forecasted to reach 1.67 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -1.06% through the next 5 years, which can be compared against the 16.28% growth it accomplished over the previous five years trading on the market.

Equity Residential Properties Trust (NYSE: EQR) Trading Performance Indicators

Let’s observe the current performance indicators for Equity Residential Properties Trust (EQR). The Stock has managed to achieve an average true range (ATR) of 1.25. Alongside those numbers, its PE Ratio stands at $28.90, and its Beta score is 0.85. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.35. Similarly, its price to free cash flow for trailing twelve months is now 19.87.

In the same vein, EQR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.17, a figure that is expected to reach 0.33 in the next quarter, and analysts are predicting that it will be 1.67 at the market close of one year from today.

Technical Analysis of Equity Residential Properties Trust (EQR)

If we take a close look at the recent performances of Equity Residential Properties Trust (NYSE: EQR), its last 5-days Average volume was 2.01 million that shows plunge from its year to date volume of 2.09 million. During the previous 9 days, stock’s Stochastic %D was recorded 68.69% While, its Average True Range was 1.29.

Raw Stochastic average of Equity Residential Properties Trust (EQR) in the period of the previous 100 days is set at 80.42%, which indicates a major rise in contrast to 54.83% 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 25.94% that was higher than 21.29% volatility it exhibited in the past 100-days period.