Rent index falls by the largest percentage since at least 2017L Apartment List(NYSE:EQR)

Wednesday, 30 November 2022, 22:38:50
Apartment List”s national median rent index dropped 1% during November, the third straight month-over-month decline and the largest single-month drop since it started the index in 2017,…
— Seeking Alpha

Breakingviews – Airbnb has promise as the quasi-immobility firm

Wednesday, 30 November 2022, 20:17:08
Airbnb is a boon to mobile travelers – but soon might benefit from immobile, old-school renters too. The $60 billion shared-housing platform run by Brian Chesky is partnering with property management giants Equity Residential , Greystar Real Estate Partners and others to help rent out apartments. The arrangement will allow tenants at their big housing complexes to sublet on Airbnb’s platform. That may draw local ire, like the company”s regular offering. But the deal, which secures buy-in from large housing managers that should otherwise hate Airbnb, makes sense in a post-pandemic era.
— Reuters

Equity Residential – Consensus Indicates Potential 14.8% Upside

Wednesday, 23 November 2022, 14:12:40
Equity Residential found using ticker (EQR) have now 21 analysts covering the stock with the consensus suggesting a rating of ”Hold”. The range between the high target price and low target price is between 95 and 59 and has a mean target at 72.1. Given that the stocks previous close was at 62.81 this now indicates there is a potential upside of 14.8%. There is a 50 day moving average of 64.75 and the 200 day moving average is 76.09. The company has a market capitalisation of $24,678m. You can visit the company”s website by visiting: https://www.equityapartments.com [stock_market_widget type=”chart” template=”basic” color=”green” assets=”EQR” range=”6mo” interval=”1d” axes=”true” cursor=”true” api=”yf”] The potential market cap would be $28,328m based on the market concensus. Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters.
— DirectorsTalk

Is Equity Residential (EQR) Stock Attractively Valued?

Tuesday, 22 November 2022, 18:58:04
Baron Funds, an investment management company, released its “Baron Real Estate Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund declined 4.86% (Institutional Shares) compared to a 4.99% decline for its primary benchmark, the MSCI USA IMI Extended Real Estate Index. At the same […]
— Insider Monkey

Toll Brothers Apartment Living and Equity Residential Celebrate the Groundbreaking of Three New Luxury Rental Communities in North Texas

Thursday, 10 November 2022, 23:14:00
The groundbreaking marks the start of construction of more than 1,000 luxury units throughout Dallas-Fort Worth area, and kicks off joint venture between Toll Brothers Apartment Living and Equity Residential DALLAS, Nov. 10, 2022 (GLOBE NEWSWIRE) — Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and Equity
— Wallstreet:Online