The Thing About Equity Residential (EQR) Growth

GEORGE ALAN W, Executive Vice President & CIO, subtracted 30,000 shares of Equity Residential (EQR) from its portfolio at the rate of $77.24 per share valuing $2,317,200 on May 24. The insider left behind 56,582 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Equity Residential (EQR) was $77.93. Currently, the 1st Resistance Point for this stock is $78.11, with a 2nd Resistance Point sitting at $78.29. Meanwhile, this company’s stock has a 1st Support Level at $77.57 and a 2nd Support Level at $77.21. Equity Residential (EQR) stock has gained $0.14, or 0.18%, in the past five days. In the last full month, these shares have gained $2.09, or 2.76%. In the past three months, this stock’s price has risen by $3.02, or 4.03%. This year-to-date, Equity Residential (EQR) shares have gained $11.92, or 18.06%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Equity Residential (EQR) stock, 80% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”

With 370,536 K shares outstanding, this company currently has a market capitalization of $28,772,122K. Equity Residential (EQR) generates $2,578 M in annual sales, amounting to annual net income of $657,540 K. This stock has generated a 1-Year Total Return of 23.31%, a 3-Year Total Return of 18.42%, and a 5-year Total Return of 25.53%. This stock’s 5-Year Dividend Growth is 16.76%, with its most recent dividend valued at $0.567 per share on 03/22/19. Its Annual Dividend Yield is 2.92%, and its Annual Dividend Rate is 2.27.

In the most recently-reported fiscal quarter, which ended in Mar-19, Equity Residential (EQR) reported earnings of $0.82 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.81 per share, representing a 0.01 difference and 0.80% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.84 represented a -0.01 difference from the consensus estimate calling for $0.85 per share, which was a 1.70% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.85 per share. This estimate came from a total of 10 Wall Street Analysts. Of those market experts, the high estimate was $0.88 and the low estimate was $0.84. In the year-ago quarter, Equity Residential (EQR) generated per-share earnings of $0.81. If the analysts are correct about the current quarter’s earnings, the growth will be +4.94% .

Turning our focus now to insider trading activity, there have been 16 purchases (234,075 shares in total) and 15 sale (235,460 shares in total) in the last 3 months. In the last 6 months, there have been 39 insider buys amounting to 492,675 shares and 31 insider sales amounting to 457,973 shares. In the past full year, 63 insider purchases were made (involving 1,206,586 shares) and 56 insider sell-offs equivalent to 886,224 shares.

Looking at this company’s capital structure, its Total Debt to Total Equity is 86.68, its Total Debt to Total Capital is 46.43, and its Total Debt to Total Assets is now 43.24. Looking even further ahead into the future, its Long-Term Debt to Equity is 77.38 and its Long-Term Debt to Total Capital is 41.30.