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 312 properties consisting of 84,648 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.
Acquisition Opportunities | Learn how EQR's improved cost of capital and strong balance sheet position it to capitalize on accretive acquisitions, potentially driving future growth and shareholder value. |
Financial Performance | Analysts project mid-single-digit FFO growth annually, with rent growth expectations between 2-3% for 2025. Price targets range from $74 to $90 per share. |
Expansion Strategy | Delve into EQR's ambitious plan to increase expansion market weighting from 10% to 20-25%, diversifying its portfolio and tapping into emerging growth opportunities. |
Urban Market Dynamics | Explore Equity Residential's strategic positioning in prime coastal markets and its response to shifting urban demographics and evolving renter preferences. |
Metrics to compare | EQR | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipEQRPeersSector | |
---|---|---|---|---|
P/E Ratio | 25.5x | 41.6x | 8.9x | |
PEG Ratio | 3.00 | 0.32 | 0.01 | |
Price / Book | 2.3x | 1.6x | 0.9x | |
Price / LTM Sales | 8.4x | 6.4x | 3.9x | |
Upside (Analyst Target) | 14.2% | 17.5% | 13.4% | |
Fair Value Upside | Unlock | 0.2% | 0.9% | Unlock |