Analysts See $0.81 EPS for Equity Residential (EQR)

January 21, 2018 - By Maria Brooks

 Analysts See $0.81 EPS for Equity Residential (EQR)
Investors sentiment decreased to 0.9 in 2017 Q3. Its down 0.16, from 1.06 in 2017Q2. It dropped, as 32 investors sold Equity Residential shares while 163 reduced holdings. 36 funds opened positions while 139 raised stakes. 339.97 million shares or 3.22% more from 329.35 million shares in 2017Q2 were reported.
Ellington Mgmt Group Ltd Liability Corporation reported 0.04% of its portfolio in Equity Residential (NYSE:EQR). Ftb stated it has 0.01% of its portfolio in Equity Residential (NYSE:EQR). Old Mutual Invsts (Uk) Ltd, a United Kingdom-based fund reported 963,613 shares. Brown Brothers Harriman And owns 0% invested in Equity Residential (NYSE:EQR) for 48 shares. 105,964 were accumulated by Texas Yale Capital. Liberty Mutual Grp Asset Mngmt invested in 0.06% or 15,865 shares. Verition Fund Llc invested in 0.02% or 3,729 shares. Texas-based Westwood Grp has invested 0.02% in Equity Residential (NYSE:EQR). San Francisco Sentry Invest Grp (Ca) stated it has 0% in Equity Residential (NYSE:EQR). Meag Munich Ergo Kapitalanlagegesellschaft Mbh accumulated 199,488 shares. Mackenzie Fincl invested in 0.06% or 174,665 shares. Moreover, Lpl Fincl Ltd Liability has 0% invested in Equity Residential (NYSE:EQR) for 10,341 shares. Aqr Cap Management Ltd owns 782,559 shares or 0.06% of their US portfolio. Loomis Sayles Com Lp holds 0% of its portfolio in Equity Residential (NYSE:EQR) for 61 shares. Teachers Retirement Sys Of The State Of Kentucky has invested 0.03% in Equity Residential (NYSE:EQR).

Since August 2, 2017, it had 0 insider buys, and 6 selling transactions for $8.46 million activity. $685,000 worth of Equity Residential (NYSE:EQR) shares were sold by STROHM BRUCE C. The insider Santee David S sold $744,973. SHAPIRO MARK S had sold 2,853 shares worth $192,018. $5.11 million worth of stock was sold by NEITHERCUT DAVID J on Wednesday, August 23.

Analysts expect Equity Residential (NYSE:EQR) to report $0.81 EPS on January, 30.They anticipate $0.02 EPS change or 2.53 % from last quarter’s $0.79 EPS. EQR’s profit would be $308.85M giving it 18.66 P/E if the $0.81 EPS is correct. After having $0.80 EPS previously, Equity Residential’s analysts see 1.25 % EPS growth. The stock increased 0.03% or $0.02 during the last trading session, reaching $60.47. About 1.93M shares traded or 16.14% up from the average. Equity Residential (NYSE:EQR) has risen 2.77% since January 21, 2017 and is uptrending. It has underperformed by 13.93% the S&P500.

Equity Residential (NYSE:EQR) Ratings Coverage

Among 25 analysts covering Equity Residential (NYSE:EQR), 6 have Buy rating, 1 Sell and 18 Hold. Therefore 24% are positive. Equity Residential had 73 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, October 26, the company rating was maintained by Stifel Nicolaus. The stock has “Neutral” rating by SunTrust on Tuesday, July 21. The company was maintained on Monday, February 8 by RBC Capital Markets. The firm earned “Buy” rating on Wednesday, May 18 by Janney Capital. Argus Research maintained it with “Buy” rating and $75 target in Friday, April 28 report. On Tuesday, September 15 the stock rating was initiated by JMP Securities with “Market Outperform”. The rating was downgraded by Evercore on Wednesday, April 27 to “Hold”. The firm has “Buy” rating by Mizuho given on Tuesday, October 27. The rating was downgraded by JMP Securities to “Market Perform” on Tuesday, January 19. As per Thursday, January 18, the company rating was maintained by Stifel Nicolaus.

Equity Residential, a real estate investment trust , engages in the acquisition, development, and management of multifamily properties in the United States. The company has market cap of $23.06 billion. As of December 31, 2007, it owned and invested in 579 properties in 24 states and the District of Columbia consisting of 152,821 units. It has a 29.58 P/E ratio. The firm qualifies as a REIT for federal income tax purposes.

More news for Equity Residential (NYSE:EQR) were recently published by: Njbiz.com, which released: “Equity Residential sells apartment complex in Cherry Hill” on January 10, 2018. Zacks.com‘s article titled: “Why You Should Hold on to Equity Residential Stock Now” and published on December 29, 2017 is yet another important article.

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