On Friday, Equity Residential Properties Trust (NYSE: EQR) opened higher 1.02% from the last session, before settling in for the closing price of $74.87. Price fluctuations for EQR have ranged from $52.57 to $78.83 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Real Estate Sector giant was 2.19%. Company’s average yearly earnings per share was noted -6.42% at the time writing. With a float of $377.44 million, this company’s outstanding shares have now reached $379.29 million.
Let’s determine the extent of company efficiency that accounts for 2400 employees. In terms of profitability, gross margin is 17.41%, operating margin of 8.52%, and the pretax margin is 34.36%.
Equity Residential Properties Trust (EQR) Insider Activity
A key investor’s attitude towards the stock of the REIT – Residential industry is another important factor to consider. The insider ownership of Equity Residential Properties Trust is 0.45%, while institutional ownership is 94.39%. The most recent insider transaction that took place on Aug 28 ’24, was worth 74,200. In this transaction EVP & CHRO of this company sold 1,000 shares at a rate of $74.20, taking the stock ownership to the 10,379 shares. Before that another transaction happened on Aug 28 ’24, when Company’s Officer proposed sale 1,000 for $74.20, making the entire transaction worth $74,204.
Equity Residential Properties Trust (EQR) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.45 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.4) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.83% during the next five years compared to 16.28% growth over the previous five years of trading.
Equity Residential Properties Trust (NYSE: EQR) Trading Performance Indicators
Check out the current performance indicators for Equity Residential Properties Trust (EQR). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.89. Likewise, its price to free cash flow for the trailing twelve months is 22.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.48, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.64 in one year’s time.
Technical Analysis of Equity Residential Properties Trust (EQR)
Looking closely at Equity Residential Properties Trust (NYSE: EQR), its last 5-days average volume was 1.27 million, which is a drop from its year-to-date volume of 1.87 million. As of the previous 9 days, the stock’s Stochastic %D was 96.37%. Additionally, its Average True Range was 1.12.
During the past 100 days, Equity Residential Properties Trust’s (EQR) raw stochastic average was set at 80.69%, which indicates a significant decrease from 96.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.97% in the past 14 days, which was lower than the 15.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.23, while its 200-day Moving Average is $66.72. However, in the short run, Equity Residential Properties Trust’s stock first resistance to watch stands at $75.97. Second resistance stands at $76.31. The third major resistance level sits at $76.85. If the price goes on to break the first support level at $75.09, it is likely to go to the next support level at $74.55. Should the price break the second support level, the third support level stands at $74.21.
Equity Residential Properties Trust (NYSE: EQR) Key Stats
There are currently 379,554K shares outstanding in the company with a market cap of 28.67 billion. Presently, the company’s annual sales total 2,874 M according to its annual income of 835,440 K. Last quarter, the company’s sales amounted to 734,160 K and its income totaled 177,480 K.
