Equity Residential (NYSE:EQR)
December 6th, 2018
Equity Residential closed Thursday up 2.69%, a $1.90 increase to close on $72.65. Furthermore it hit a new 52 week high of $72.75.
EQR outperformed the rest of the Real Estate sector which went up 2.66% today.
Equity Residential is listed on the S&P 500 index, and was one of 215 stocks that rose today. Weighted by market cap, EQR represents about 0.10% of the S&P 500.
Analysis results from 18 analysts suggest that Equity Residential might drop somewhat (-2.09%), while Finbox has calculated (with medium uncertainty) a fair value price of $55.80.
The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector declining 12%.
Communication Services saw the biggest turnaround from its 5-day performance of -1.28%, as it went up 1.04%. Utilities saw a turn around from its 5-day performance of 2.33% trading down 0.10%.
- Real Estate went up with a 2.66% change.
- Communication Services went up with a 1.04% change.
- Consumer Discretionary went up with a 0.61% change.
- Information Technology went up with a 0.23% change.
- Utilities went down with a -0.10% change.
- Consumer Staples went down with a -0.10% change.
- Healthcare went down with a -0.31% change.
- Industrials went down with a -0.55% change.
- Materials went down with a -1.36% change.
- Financials went down with a -1.44% change.
- Energy went down with a -1.77% change.
Equity Residential is based in Chicago. It was founded by Sam Zell in 1969.
Equity Residential Info
Equity Residential is an S&P 500 company focused on the acquisition, development and management of rental apartment properties in urban and high-density suburban coastal gateway markets where today’s renters want to live, work and play. Equity Residential owns or has investments in 304 properties consisting of 78,645 apartment units, primarily located in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California.
All amounts in USD unless otherwise indicated
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