Equity Residential (EQR) continues to capture the attention of various investors and analytical groups. While majority hold
Neutral Ratings, including newly initiated coverage from
Cantor Fitzgerald, the firm maintains significant traction in the market. Consolidated Investment Group LLC and Vanderbilt University raised their positions in EQR, highlighting confidence despite Vert Asset Management selling their shares and BDF Gestion reducing their holdings. Additionally, EQR's Q2 earnings call underscored strong revenue growth and robust retention rates. The firm's decision to
acquire eight Atlanta-area apartment properties for $535M underscores its commitment to expanding their property portfolio. However, the lowered price target by Barclays, BNP Paribas Exane, and JPMorgan Chase may influence potential investors. There are discussions regarding EQR's long-term returns and increase in dividends, but opinions are divided on its performance compared to international competition. Its focus on low-cost efficiency measures and strategic moves in urban areas warrant praises, though concerns surround the retirement of CIO Brackenridge and a record low in turnover. Lastly, they've declared Q2 dividends and despite a downgrade to sell by Wall Street Zen, EQR seems intent on pushing forward.
Equity Residential EQR News Analytics from Tue, 19 Nov 2024 08:00:00 GMT to Sat, 04 Oct 2025 09:30:32 GMT -
Rating -2
- Innovation -5
- Information 3
- Rumor 0
