Equity Residential (EQR) has been an active subject in investment news, with various portfolio managers and asset management firms adjusting their stakes in the company. These include Candriam S.C.A., Private Advisor Group LLC, Proficio Capital Partners LLC, and Jones Financial Companies Lllp which have increased their investment. Simultaneously, other companies like Commerzbank Aktiengesellschaft FI and National Pension Service have sold their stakes. EQR has marked its
30th anniversary of NYSE listing along with the
acquisition of eleven apartment communities totaling 3,572-units strategical planning. In spite of a forecast by Zacks Research that seems pessimistic about EQR earnings, the company's Q4 results beat expectations. Analysts consensus recommends
'Hold' as the apartment recovery is already reflected in the valuation. Interestingly, EQR is planning to acquire almost
$1 billion of apartments from Blackstone. There's been discussion about the company's SWOT analysis considering it's facing challenges in urban markets. Looking forward, the company has announced its
investor day for 2025. Overall, while EQR faces uncertainties in LA and DC, its rental income has shown a Year-on-Year increase, meeting Q4 FFO estimates. Nevertheless, the market appears divided on the prospects of the company.
Equity Residential EQR News Analytics from Fri, 10 May 2024 07:00:00 GMT to Sat, 08 Mar 2025 10:28:23 GMT -
Rating 0
- Innovation -5
- Information 5
- Rumor -3
