NYSE:EQRResidential REITs
Is It Time To Revisit Equity Residential (EQR) After Its Recent Share Price Recovery?
Wondering if Equity Residential is offering good value at its current price, or if you might be paying too much for a mature residential REIT.
The stock closed at US$65.15, with returns of 5.3% over the last 7 days, 10.9% over 30 days and 5.0% year to date, while the 1 year return sits at a 2.1% decline and the 3 year and 5 year returns are 18.2% and 9.3% respectively.
Recent share price moves have put more attention on how Equity Residential is positioned against other residential REITs and...