Equity Residential (EQR) is slated to report third-quarter 2024 results after the closing bell on Oct. 30. The company’s quarterly results are likely to reflect growth in revenues and funds from operations (FFO) per share.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, this Chicago, IL-based residential real estate investment trust (REIT) came up with a positive surprise of 1.04% in terms of normalized FFO per share. Results reflected decent same-store ...

Equity Residential (EQR) is likely to benefit from its high-quality, diversified portfolio targeting affluent renters. The strategic portfolio repositioning and technological enhancements are likely to aid the company. However, the elevated supply of residential rental units in some of its markets is a concern.In September 2024, EQR reported that it witnessed healthy demand and pricing for its apartment units during the primary leasing season. The company reiterated its earlier guidance of blended rate grow ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MAA; CPT, AVB, ESS, EQR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to g ...

Shares of Equity Residential (EQR) have risen 20.8% year to date, outperforming the industry's growth of 12.3%.In September 2024, EQR reported that it witnessed healthy demand and pricing for its apartment units during its primary leasing season. The company reiterated its earlier guidance of blended rate growth between 2% and 3% for the third quarter of 2024 and a physical occupancy level of 96.2% for the full-year 2024. It added that its same-store revenue growth will be able to meet its previous guided r ...

Equity Residential (EQR) is likely to benefit from its high-quality, diversified portfolio targeting affluent renters. The strategic portfolio repositioning and technological enhancements are likely to aid the company. However, the elevated supply of residential rental units in some markets and high interest rates are concerns.Last July, this residential real estate investment trust (REIT) reported its second-quarter 2024 normalized funds from operations (FFO) per share of 97 cents, which surpassed the Zack ...

Volodymyr Kyrylyuk/iStock via Getty Images Equity Residential (NYSE:EQR) is a residential REIT which focuses on what some people might consider a niche market within apartment sector. The company owns and manages a number of apartment buildings in cities that are considered "highly dynamic" and "highly desirable" by highly-educated younger population such as Boston, San Diego, Seattle and Denver. The company specifically invests in cities that fit its very specific criteria. The city has to have a high ...

Shares of Equity Residential (EQR) have rallied 16.5% year to date, outperforming the industry's growth of 9.3%.This residential REIT boasts a portfolio of high-quality apartment units in some of the key markets of the United States that have an affluent tenant base. Healthy demand for rental units in its markets, portfolio diversification efforts, technology initiatives and a decent financial position bode well for its revenue growth.Later in July 2024, EQR reported second-quarter 2024 normalized funds fro ...

Equity Residential(EQR) recently announced that it has entered into an arrangement with The Blackstone Group (BX) to buy 11 apartment properties from Blackstone Real Estate strategies in separate transactions, including Blackstone Real Estate Income Trust, Blackstone Real Estate Partners and Blackstone Property Partners, for $964 million. Subject to customary closing conditions, the transaction is expected to conclude in the third quarter of 2024.With the properties being located in Equity Residential’s exp ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks i ...

财务业绩 - 公司总体收入为14.65亿美元，同比增长3.0%[20] - 租金收入为7.34亿美元，同比增长2.4%[20] - 净收益为1.44亿美元，同比增长31.5%[22] - 每股基本收益为0.47美元，每股摊薄收益为0.47美元[23][24] - 公司净收入为4.89亿美元，同比增长33.8%[26] - 公司总收入为14.65亿美元，同比增长3.0%[41] - 公司净收入为18.65亿美元，同比增长7.0%[41] - 总收入为1,029,039千美元，同比增长2.2%[42] - 净收益为488,587千美元，同比增长33.9%[43] - 每单位收益为1.24美元，同比增长34.8%[45] - 经营活动产生的现金流为817,968千美元，同比增长9.7%[48] - 投资活动使用的现金流为2,357千美元，同比减少99.1%[48] - 融资活动使用的现金流为817,185千美元，同比增长67.5%[49] - 现金及受限存款余额为138,421千美元，同比增长11.0%[51] 资产负债情况 - 总资产为197.80亿美元，较上年末减少1.3%[16] - 总负债为82.72亿美元，较上年末减少2.2%[17] - 股东权益为110.80亿美元，较上年末减少1.0%[18] - 公司拥有房地产投资总额为287.98亿美元[37] - 公司拥有现金及现金等价物为3.83亿美元[37] - 公司总负债为82.72亿美元[38] - 公司总权益为111.80亿美元[39] 资本运营 - 公司回购普通股3,847.4万美元[27] - 公司赎回优先股2,012.5万美元，赎回溢价144.4万美元[27] - 公司支付普通股股利5.07亿美元[27] - 公司每股普通股分红0.675美元[34] - 公司部分赎回8.29%优先股K系列[33] - 公司发行新普通股用于员工持股计划和期权行权[33] - 公司回购并注销部分普通股[33] - 公司发行的股权所得款项需要全部注入ERP Operating Limited Partnership[59] - 公司无重大资产或负债，除了其在ERP Operating Limited Partnership的投资[59] - 公司拥有一个"随时市场"("ATM")股票发行计划[86] - 公司在其股票回购计划下回购并注销了约3850万美元的普通股[87] - 公司于2024年6月30日拥有1234.7548万股的普通股回购授权[87] 资产收购与出售 - 公司投资房地产收购和开发支出为2.19亿美元[26] - 公司出售房地产资产获得净收益2.28亿美元[26] - 公司于2024年上半年从非关联方收购了1处租赁物业,160个公寓单元,总购买价为62,595千美元[89] - 公司于2024年上半年出售了5处租赁物业,831个公寓单元,总销售价格为334,000千美元,实现净收益227,994千美元[91] - 公司于2024年6月30日拥有14处运营物业,3,060个公寓单位,以及1处正在开发的项目,440个预计公寓单位的合并合资企业(VIE)[94] - 公司于2024年6月30日拥有的对外投资包括3处房地产项目、5处正在开发的项目和4处待开发项目的合资企业(VIE)[100] 债务情况 - 公司支付利息净额为1.21亿美元[31] - 公司资本化利息为689.4万美元[31] - 公司2024年6月30日的固定利率抵押贷款余额为1,399,844千美元,浮动利率抵押贷款余额为234,994千美元[113] - 公司2024年6月30日的无担保公开债券余额为5,351,461千美元,加权平均利率为3.52%[117][119] - 公司2024年6月30日的未使用的无担保循环信贷额度为2,325,562千美元[123] - 公司2024年6月30日的无担保商业票据加权平均利率为5.59%,加权平均期限为5天,加权平均余额为300,100千美元[121][122] 其他 - 其他综合收益为6.26百万美元，主要来自衍生工具的未实现收益[25] - 公司计提折旧费用为4.50亿美元[26] - 公司物业管理费用为3.35亿美元，同比增加9.2%[21] - 公司折旧费用为2.24亿美元，同比增加1.4%[21] - 公司物业管理费用为68,969千美元，同比增长10.9%[42] - 公司折旧费用为450,093千美元，同比增长3.0%[42] - 公司出售房地产净收益为227,994千美元，同比增长127.5%[43]