Equity Residential (EQR) Up 16.5% YTD: Will It Rise Further?
EQREquity Residential(EQR) ZACKS·2024-08-17 01:31

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 ...