If you are wondering whether Equity Residential is offering fair value at around US$62.32 per share, you are not alone. This article is built to help you size up the price tag with a clear valuation lens.
The stock has had a mixed run, with a 0.4% gain over the last week, a 1.1% decline over the last month, a 0.5% gain year to date, and an 8.0% decline over the past year, while the 3 year and 5 year returns sit at 9.0% and 16.0% respectively.
Recent coverage has continued to focus on Equity Residential as a large apartment REIT, so investor attention has mainly been on how its share price lines up with the value of its underlying properties and balance sheet. That context matters because sentiment around real estate pricing, interest…
