The recent news summary on
Equity Residential (EQR) comprises various transactions and financial data. Some financial institutions seem to be selling or decreasing their holdings - as reported by
Amalgamated Bank and
Vanguard Personalized Indexing Management, while others like
Quest Partners and
Dakota Wealth Management made new investments or purchased shares. EQR's stock performance is noted as underperforming compared to its competitors on several days. However, Analysts at
Scotiabank and
Morgan Stanley increased their price targets for EQR, suggesting further growth and confidence in the company's performance. EQR's Q4 2023 report indicates
robust earnings growth. On the other hand, there was a notable mention of a new debt and financial risk being added to EQR, causing some concern within the market. Nevertheless, the firm offered strategic insights and key financial metrics during their Q1 2024 earnings call, eliciting a positive response with estimates for their Q3 2024 EPS being raised by
Zacks Research. Moreover, it outperformed competitors on strong trading day while experiencing a strong demand from affluent apartment renters.
Equity Residential EQR News Analytics from Fri, 23 Oct 2020 07:00:00 GMT to Fri, 24 May 2024 00:29:00 GMT -
Rating 2
- Innovation -1
- Information 7
- Rumor -4
