Equity Residential (EQR) maintained its
Consensus Rating of 'Hold' by various analysts. The company declared a Q4 dividend of
$0.675 per share payable in January 2025. This follows
Equity Residential's decision to purchase a
$1 billion apartment portfolio from Blackstone. The firm also repeatedly wins the prestigious
Nareit Sustainability Award. Stock holdings of
EQR by various firms like Barclays, Tidal Investments, and Soltis Investment Advisors reflect the trust displayed in the company. Geode Capital Management, State Street Corp, and Public Employees Retirement System of Ohio also increased their stakes in
EQR. Meanwhile, Equity Residential's Q3
Earnings were in line with FFO estimates. The firm showed strong acquisition strategy, buying 11 Apartment Communities which amounted to approximately 3,572-Units. The successful acquisition led
EQR's stock price to rise by
20.9% YTD. Overall,
EQR showcased a healthy financial standing and strong future prospects, as embraced by investment expert Jim Cramer; emphasizing
Equity Residential as a ‘Total winner' and a strong real estate stock choice for long-term growth.
Equity Residential EQR News Analytics from Fri, 26 Apr 2024 07:00:00 GMT to Sat, 14 Dec 2024 09:52:23 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -4
