Equity Residential (EQR) is seeing notable changes in its shareholding. Noteworthy acquisitions by institutions like Vident Advisory, UBS AM, ProShare Advisors, and Starwood Capital Group indicate rising institutional interest. On its 30th anniversary of being listed, the company rang the bell at NYSE. Recently, observations by multiple analysts point towards an uncertain future for
EQR, with Mizuho dropping its price target and Zacks Research predicting a pessimistic outlook. However,
EQR's Q1 2025 demonstrates a strong revenue growth and record low. Contrarily, a slight decrease in holdings by D. E. Shaw & Co. and Worldquant Millennium Advisors are seen. Their first quarter results beat FFO estimates and rental income rose year-by-year. An unexpected price target increase was announced by Scotiabank and revenue growth looked promising. Despite the leasing performance being lackluster, the overall consensus from brokerages is 'Moderate Buy'.
EQR remains a solid option in an unstable market. They have entered a new distribution agreement and their Q1 profit was down, but FFO increased. The company plans to acquire nearly $1B worth of apartments from Blackstone.
Equity Residential EQR News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Sat, 24 May 2025 22:46:43 GMT -
Rating 0
- Innovation -5
- Information 7
- Rumor -4
