Equity Fundamentals

EQR
 Stock
  

USD 73.18  0.03  0.041%   

Equity Residential fundamentals help investors to digest information that contributes to Equity Residential's financial success or failures. It also enables traders to predict the movement of Equity Stock. The fundamental analysis module provides a way to measure Equity Residential's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Equity Residential stock. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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Equity Residential Selling General and Administrative Expense is relatively stable at the moment as compared to the past year. Equity Residential reported last year Selling General and Administrative Expense of 56.51 Million. As of 06/28/2022, Weighted Average Shares is likely to grow to about 401.6 M, while Consolidated Income is likely to drop slightly above 1.3 B.

Equity Shares Owned by Institutions Analysis

Equity Residential's Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
 2021 2022 (projected)
Accounts Payable Turnover22.9928.99
Receivables Turnover3.04 K3.02 K
Shares Held by Institutions 
 = 
Funds and Banks 
Firms 
More About Shares Owned by Institutions | All Equity Analysis

Current Equity Residential Shares Owned by Institutions

    
  94.24 %  
Most of Equity Residential's fundamental indicators, such as Shares Owned by Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Equity Residential is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Compare to competition

Based on the latest financial disclosure, 94% of Equity Residential are shares owned by institutions. This is 25.3% higher than that of the Real Estate sector and significantly higher than that of the REIT—Residential industry. The shares owned by institutions for all United States stocks is 140.35% lower than that of the firm.

Equity Residential Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Equity Residential's current stock value. Our valuation model uses many indicators to compare Equity Residential value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Equity Residential competition to find correlations between indicators driving Equity Residential's intrinsic value. More Info.
Equity Residential is rated below average in earnings per share category among related companies. It is rated below average in price to earnings to growth category among related companies producing about  3.46  of Price to Earnings To Growth per Earnings Per Share. As of 06/28/2022, Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to drop to about 2.3 B. In addition to that, Earnings before Tax is likely to drop to about 1.2 B. Comparative valuation analysis is a catch-all model that can be used if you cannot value Equity Residential by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Equity Residential's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Equity Residential's earnings, one of the primary drivers of an investment's value.

Equity Price to Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equity Residential's direct or indirect competition against its Price to Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Equity Residential could also be used in its relative valuation, which is a method of valuing Equity Residential by comparing valuation metrics of similar companies.
Equity Residential is rated below average in price to sales category among related companies.

Equity Residential Current Valuation Drivers

We derive many important indicators used in calculating different scores of Equity Residential from analyzing Equity Residential's financial statements. These drivers represent accounts that assess Equity Residential's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Equity Residential's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee223.5 K243.53 K359.4 K350.44 K555.35 K460.51 K
Revenue Per Employee915.34 K954.98 K1 M986.41 K1.03 M876.67 K
Average Assets20.63 B20.43 B21 B20.64 B20.62 B22.79 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.74 B1.86 B2.2 B2.11 B2.46 B2.34 B
Earnings Before Interest Taxes and Depreciation Amortization USD1.74 B1.86 B2.2 B2.11 B2.46 B2.34 B
Earnings before Tax603.93 M658.41 M968.1 M914.49 M1.33 B1.23 B
Average Equity10.27 B10.23 B10.17 B10.54 B10.59 B11.13 B
Enterprise Value32.38 B33.06 B39.29 B30.56 B42.17 B41.56 B
Free Cash Flow677.19 M986.03 M623.65 M1.94 B896.66 M1.23 B
Invested Capital29.43 B29.1 B30.42 B28.56 B29.46 B32.81 B
Invested Capital Average29.53 B29.1 B30.18 B29.16 B28.85 B32.54 B
Market Capitalization23.43 B24.32 B30.05 B22.07 B33.94 B31.86 B
Tangible Asset Value20.57 B20.39 B21.17 B20.29 B21.17 B23.09 B

Equity Fundamentals

About Equity Residential Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Equity Residential's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equity Residential using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equity Residential based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Cost of Revenue948.8 M977.7 M
Revenues2.5 B2.7 B
Revenue to Assets 0.12  0.11 
Revenue Per EmployeeM876.7 K
Equity Residential is committed to creating communities where people thrive. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver. Equity Residential operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 2400 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Equity Residential without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Theme Ratings

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Pair Trading with Equity Residential

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equity Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equity Residential will appreciate offsetting losses from the drop in the long position's value.

Equity Residential Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Equity Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equity Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equity Residential to buy it.
The correlation of Equity Residential is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equity Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equity Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Equity Residential Piotroski F Score and Equity Residential Altman Z Score analysis. Note that the Equity Residential information on this page should be used as a complementary analysis to other Equity Residential's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Equity Stock analysis

When running Equity Residential price analysis, check to measure Equity Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.
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Is Equity Residential's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equity Residential. If investors know Equity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equity Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.22
Market Capitalization
28.6 B
Quarterly Revenue Growth YOY
0.093
Return On Assets
0.0194
Return On Equity
0.13
The market value of Equity Residential is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Residential's value that differs from its market value or its book value, called intrinsic value, which is Equity Residential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equity Residential's market value can be influenced by many factors that don't directly affect Equity Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equity Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine Equity Residential value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Residential's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.