EQR Stock Recent News
EQR LATEST HEADLINES
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its fourth quarter 2024 operating results on Monday, February 3, 2025 after the close of market and host a conference call to discuss those results on Tuesday, February 4, 2025 at 10:00 am Central. The conference call will be available via web cast on the Investor section of www.equityapartments.com. About Equity Residential Equity Residential is committed to creating communities where people.
Low valuation + catalyst = big profits. Some real estate companies have gotten really cheap recently. I present 3 of my largest holdings going into 2025.
REITs are so cheap that they are getting the attention of billionaires. Legendary investor Barry Sternlicht is loading up on REITs. We discuss what he is buying and why.
Seven of the ten lowest-priced BBB Dogs, including Altria, Pfizer, and Verizon, are ready to buy, with dividends from $1K invested exceeding single share prices. Analysts project 16.27% to 32.98% net gains by January 2026 for the top-ten BBB Dogs, with LyondellBasell leading at 32.98%. Six of the top ten BBB Dogs are ideally priced, with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal.
COVID-19 led to a migration to Sunbelt cities, causing a surge in apartment rents and subsequent overbuilding, which is now stabilizing. Multifamily REITs saw a decline in valuations but are now modestly valued with a P/AFFO multiple averaging 18.3x, higher than the broader REIT market. Despite suppressed rent growth and occupancy, strong job markets and reduced new supply suggest the potential for landlords to regain pricing power.
Equity Residential is rated as a "hold" due to fair valuation, with a secure and growing dividend, and potential for 8-9% long-term returns. EQR's focus on legacy markets like NYC and San Francisco has insulated it from increased Sun Belt apartment supply, aiding rent growth. Strong renewal activity and high occupancy rates are supported by housing unaffordability and high mortgage rates, benefiting rental demand.
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its third quarter 2024 operating results on Wednesday, October 30, 2024 after the close of market and host a conference call to discuss those results on Thursday, October 31, 2024 at 10:30 a.m. Central. The conference call will be available via web cast on the Investor section of www.equityapartments.com. About Equity Residential Equity Residential is committed to creating communities where pe.
EQR's target of affluent renters and portfolio diversification efforts in suburban markets are upsides. However, an elevated supply of rental units is a concern.
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that its Board of Trustees declared quarterly dividends on the Company's common and preferred shares. A regular common share dividend for the third quarter of $0.675 per share will be paid on October 11, 2024 to shareholders of record on September 24, 2024. A quarterly dividend of $1.03625 per share will be paid on September 30, 2024 to shareholders of record on September 20, 2024 of the Company's Series K Preferred Shares.
EQR's strategy of targeting affluent renters and portfolio diversification are upsides. However, an elevated supply of rental units is a concern.