Equity Residential is a real estate investment trust, which engages in the acquisition, development, and management of rental apartment properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The company is headquartered in Chicago, Illinois and currently employs 2,500 full-time employees. The firm is focused on the acquisition, development, and management of residential properties located in and around cities. The Company’s primary business is the acquisition, development, and management of multifamily residential properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The firm owns and operates rental apartment properties, with a presence in Boston, New York, Washington, D.C., Southern California (including Los Angeles, Orange County and San Diego), San Francisco and Seattle, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. The firm owns investments in approximately 311 properties located in 10 states consisting of over 84,249 apartment units. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential.
Follow-Up Questions
What is Equity Residential (EQR)'s P/E Ratio?
The P/E ratio of Equity Residential is 23.0319
Who is the CEO of Equity Residential?
Mr. Mark Parrell is the President of Equity Residential, joining the firm since 2007.
What is the price performance of EQR stock?
The current price of EQR is $62.21, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Equity Residential?
Equity Residential belongs to Real Estate industry and the sector is Real Estate
What is Equity Residential market cap?
Equity Residential's current market cap is $23.7B
Is Equity Residential a buy, sell, or hold?
According to wall street analysts, 22 analysts have made analyst ratings for Equity Residential, including 3 strong buy, 12 buy, 14 hold, 0 sell, and 3 strong sell
