Should You Retain Equity Residential in Your Portfolio Now?
EQREquity Residential(EQR) ZACKS·2024-09-05 00:35

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 ...