|Bid||76.74 x 800|
|Ask||79.47 x 800|
|Day's Range||76.62 - 78.28|
|52 Week Range||71.86 - 94.32|
|Beta (5Y Monthly)||0.82|
|PE Ratio (TTM)||21.87|
|Earnings Date||Jul 25, 2022 - Jul 29, 2022|
|Forward Dividend & Yield||2.50 (3.28%)|
|Ex-Dividend Date||Mar 25, 2022|
|1y Target Est||89.98|
Equity Residential (EQR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Equity Residential (EQR) is well-poised to grow on portfolio rebalancing, improving demand and a healthy balance sheet. However, stiff competition and a flexible working environment are key concerns.
A combination of rising interest rates and fears of a recession has made investors skeptical of many growth stories. In this environment, real estate investment trusts (REITs) often hold up better than the erstwhile highfliers, given their steady dividend income. Realty Income (NYSE: O) is a classic dividend stock that works in almost every economic environment.