Equity Residential (EQR) has been making some significant waves in recent times. Despite a slew of selling reports from various firms such as KBC Group NV, Quinn Opportunity Partners, and Bank of New York Mellon Corp, it also saw purchases increases from firms such as Aviva PLC and Soltis Investment Advisors LLC. Firms continue to lower their price targets with Morgan Stanley reducing it to $73.50, and Wells Fargo further reducing its target to $62. However, the company has received a Buy rating from UBS. EQR's financial performance is somewhat mixed. A One-Off Gain has shot the company's profit margin higher but raises questions about EQR's recurring strength. With a hold consensus from brokerages, EQR is closing deals such as the acquisition of eight apartment properties valued at $535M. The company's Q2 and Q3 earnings saw strong retention and revenue growth, and even though it beat expectations, it saw downward adjustments in earnings and softer revenue guidance.
Equity Residential EQR News Analytics from Fri, 14 Feb 2025 08:00:00 GMT to Sat, 15 Nov 2025 21:10:11 GMT -
Rating -1
- Innovation 2
- Information 8
- Rumor -6
