A new trading day began on Friday, with Equity Residential Properties Trust (NYSE: EQR) stock price down -1.78% from the previous day of trading, before settling in for the closing price of $70.37. EQR’s price has ranged from $52.57 to $78.83 over the past 52 weeks.
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Annual sales at Real Estate sector company grew by 2.19% over the past five years. Meanwhile, its annual earnings per share averaged -6.42%. With a float of $377.44 million, this company’s outstanding shares have now reached $379.29 million.
Let’s look at the performance matrix of the company that is accounted for 2400 employees. In terms of profitability, gross margin is -21.36%, operating margin of -0.25%, and the pretax margin is 37.32%.
Equity Residential Properties Trust (EQR) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Residential Industry. The insider ownership of Equity Residential Properties Trust is 0.45%, while institutional ownership is 94.96%. 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) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.82 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 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 3.31% 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
Here are Equity Residential Properties Trust’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of N/A. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.02. Likewise, its price to free cash flow for the trailing twelve months is 21.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.39, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 1.64 in one year’s time.
Technical Analysis of Equity Residential Properties Trust (EQR)
Equity Residential Properties Trust (NYSE: EQR) saw its 5-day average volume 2.11 million, a positive change from its year-to-date volume of 1.86 million. As of the previous 9 days, the stock’s Stochastic %D was 3.85%. Additionally, its Average True Range was 1.37.
During the past 100 days, Equity Residential Properties Trust’s (EQR) raw stochastic average was set at 27.26%, which indicates a significant increase from 2.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.07% in the past 14 days, which was higher than the 18.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.67, while its 200-day Moving Average is $67.34. Nevertheless, the first resistance level for the watch stands at $70.24 in the near term. At $71.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $72.01. If the price goes on to break the first support level at $68.47, it is likely to go to the next support level at $67.81. The third support level lies at $66.70 if the price breaches the second support level.
Equity Residential Properties Trust (NYSE: EQR) Key Stats
With a market capitalization of 26.53 billion, the company has a total of 379,136K Shares Outstanding. Currently, annual sales are 2,874 M while annual income is 835,440 K. The company’s previous quarter sales were 734,160 K while its latest quarter income was 177,480 K.
