Are Things Looking Up For Equity Residential Properties Trust (NYSE: EQR)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

The company is listed on the NYSE and operates within the REIT – Residential industry segment. At the end of the last regular session, the stock closed at $65.14 and fluctuated between $62.69 as its day high and $61.29 as its day low. The current market capitalization of Equity Residential Properties Trust is $24.68B. A total of 2.79 million shares were traded on the day, compared to an average of 2.07M shares.

In the most recent transaction, Garechana Robert sold 876 shares of EQR for 57.80 per share on Feb 13 ’24. After the transaction, the EVP & Chief Financial Officer now owns 20,933 company shares. In a previous transaction on Feb 13 ’24, Fenster Scott sold 829 shares at 57.80 per share. EQR shares that EVP & General Counsel owns now total 35,464.

Among the insiders who sold shares, Kaufman Ian disposed of 716 shares on Feb 13 ’24 at a per-share price of $57.80. This resulted in the Chief Accounting Officer holding 23,949 shares of EQR after the transaction. In another insider transaction, Carraway Catherine sold 291 shares at $57.80 per share on Feb 13 ’24. Company shares held by the EVP & CHRO now total 11,379.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Equity Residential Properties Trust pays an annual dividend of $2.66, resulting in a dividend yield of 4.09%, and it has a price to earnings (P/E) ratio of 27.32. EQR’s most recent ex-dividend date was 3/22/2024 when it declared a $0.6750 quarterly dividend that was paid in cash on 4/12/2024. Previously, the company paid the dividend on 1/12/2024 with an ex-dividend date of 12/29/2023. The EQR stock dividend was $0.6625 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, EQR has a high of $69.45 and a low of $52.57.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EQR’s latest balance sheet shows that the firm has $123.83M in Cash & Short Term Investments as of fiscal 2021. There were $8.65B in debt and $725.05M in liabilities at the time. Its Book Value Per Share was $29.16, while its Total Shareholder’s Equity was $11.69B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EQR is Buy with a score of 3.79.

Most Popular

Related Posts