If you have been wondering whether Equity Residential is attractively priced right now, this article walks through the key numbers so you can judge the value for yourself.
The stock recently closed at US$60.26, with returns of about 1.1% decline over 7 days, 1.1% decline over 30 days, 2.9% decline year to date, and 9.2% decline over the past year, while the 3 year and 5 year returns sit at 12.6% and 18.3% respectively.
Recent attention on Equity Residential has been driven mainly by ongoing interest in listed residential real estate and how listed landlords are pricing relative to private market property values. That backdrop has kept questions about valuation, income resilience and long term demand in focus for investors following the…
