(VIANEWS) – The NYSE opens in less than hour and Equity Residential‘s pre-market value is already 6.42% down.
Equity Residential’s last close was $63.11, 9.13% under its 52-week high of $69.45.
The last session, NYSE finished with Equity Residential (EQR) jumping 0.86% to $63.11. NYSE rose 0.31% to $18,312.67, after two sequential sessions in a row of gains, on what was a somewhat positive trend exchanging session.
About Equity Residential
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin.
Earnings Per Share
As for profitability, Equity Residential has a trailing twelve months EPS of $2.13.
PE Ratio
Equity Residential has a trailing twelve months price to earnings ratio of 29.63. Meaning, the purchaser of the share is investing $29.63 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.46%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Equity Residential’s EBITDA is 11.05.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 39.3% and positive 5.4% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 29, 2023, the estimated forward annual dividend rate is 2.65 and the estimated forward annual dividend yield is 4.18%.
Moving Average
Equity Residential’s worth is above its 50-day moving average of $60.47 and higher than its 200-day moving average of $61.38.
More news about Equity Residential (EQR).
