Equity Residential Common Shares of Beneficial Interest (EQR) Company Bio
Equity Residential is focused on the acquisition, development and management of apartment properties in the United States growth markets. The company was founded in 1966 and is founded in Chicago, Illinois.
EQR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for EQR, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Equity Residential ranked in the 57th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 52% on a DCF basis. The most interesting components of our discounted cash flow analysis for Equity Residential ended up being:
Equity Residential's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 12.95% of tickers in our DCF set.
Equity Residential's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Real Estate), Equity Residential has a reliance on debt greater than only 19.7% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as EQR, try IRET, RVI, SACH, WSR, and ACC.
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the company will release its third quarter 2020 operating results on Tuesday, October 27, 2020 after the close of market and host a conference call to discuss those results on Wednesday, October 28, 2020 at 10:00 am Central. The conference call will be available via web cast on the Investor section of www.equityapartments.com. About Equity Residential Equity Residential is committed to creating communities where peopl
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CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that its Board of Trustees declared quarterly dividends on the Company’s common and preferred shares. A regular common share dividend for the third quarter of $0.6025 per share will be paid on October 9, 2020 to shareholders of record on September 25, 2020. A quarterly dividend of $1.03625 per share will be paid on September 30, 2020 to shareholders of record on September 18, 2020 of the Company’s Series K Preferred Shares