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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Equity to Asset 0.45
EQR's Equity to Asset is ranked higher than
66% of the 632 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.48 vs. EQR: 0.45 )
EQR' s 10-Year Equity to Asset Range
Min: 0.3   Max: 0.58
Current: 0.45

0.3
0.58
Interest Coverage 0.87
EQR's Interest Coverage is ranked higher than
51% of the 508 Companies
in the Global REIT - Residential industry.

( Industry Median: 2.14 vs. EQR: 0.87 )
EQR' s 10-Year Interest Coverage Range
Min: 0.8   Max: 9999.99
Current: 0.87

0.8
9999.99
F-Score: 4
Z-Score: 1.28
M-Score: -2.47
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 21.46
EQR's Operating margin (%) is ranked higher than
59% of the 630 Companies
in the Global REIT - Residential industry.

( Industry Median: 40.21 vs. EQR: 21.46 )
EQR' s 10-Year Operating margin (%) Range
Min: 21.21   Max: 38.18
Current: 21.46

21.21
38.18
Net-margin (%) 76.67
EQR's Net-margin (%) is ranked higher than
88% of the 631 Companies
in the Global REIT - Residential industry.

( Industry Median: 35.06 vs. EQR: 76.67 )
EQR' s 10-Year Net-margin (%) Range
Min: 15.99   Max: 76.67
Current: 76.67

15.99
76.67
ROE (%) 17.42
EQR's ROE (%) is ranked higher than
96% of the 631 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.52 vs. EQR: 17.42 )
EQR' s 10-Year ROE (%) Range
Min: 4.79   Max: 19.55
Current: 17.42

4.79
19.55
ROA (%) 8.02
EQR's ROA (%) is ranked higher than
94% of the 634 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.12 vs. EQR: 8.02 )
EQR' s 10-Year ROA (%) Range
Min: 1.75   Max: 8.02
Current: 8.02

1.75
8.02
ROC (Joel Greenblatt) (%) 2.33
EQR's ROC (Joel Greenblatt) (%) is ranked higher than
55% of the 541 Companies
in the Global REIT - Residential industry.

( Industry Median: 5.16 vs. EQR: 2.33 )
EQR' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 2.06   Max: 6.81
Current: 2.33

2.06
6.81
Revenue Growth (%) 2.40
EQR's Revenue Growth (%) is ranked higher than
78% of the 529 Companies
in the Global REIT - Residential industry.

( Industry Median: -0.20 vs. EQR: 2.40 )
EQR' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 6.2
Current: 2.4

0
6.2
EBITDA Growth (%) 4.50
EQR's EBITDA Growth (%) is ranked higher than
76% of the 484 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.00 vs. EQR: 4.50 )
EQR' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 10.5
Current: 4.5

0
10.5
EPS Growth (%) 12.50
EQR's EPS Growth (%) is ranked higher than
84% of the 391 Companies
in the Global REIT - Residential industry.

( Industry Median: -1.20 vs. EQR: 12.50 )
EQR' s 10-Year EPS Growth (%) Range
Min: -42.3   Max: 12.5
Current: 12.5

-42.3
12.5
» EQR's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

EQR Guru Trades in Q3 2013

Murray Stahl 6,026 sh (New)
Ken Heebner 250,000 sh (New)
Ray Dalio 11,734 sh (+37.5%)
Manning & Napier Advisors, Inc 125,603 sh (-0.06%)
Pioneer Investments 213,100 sh (-1.25%)
Jeremy Grantham 87,040 sh (-4.27%)
Steven Cohen 20,312 sh (-13.09%)
» More
Q4 2013

EQR Guru Trades in Q4 2013

Murray Stahl 10,144 sh (+68.34%)
Jeremy Grantham 87,816 sh (+0.89%)
Caxton Associates 750,000 sh (unchged)
Ray Dalio Sold Out
Ken Heebner Sold Out
Pioneer Investments 203,100 sh (-4.69%)
Steven Cohen 18,728 sh (-7.8%)
Manning & Napier Advisors, Inc 113,443 sh (-9.68%)
» More
Q1 2014

EQR Guru Trades in Q1 2014

Chris Davis 132,381 sh (New)
Murray Stahl 13,716 sh (+35.21%)
Manning & Napier Advisors, Inc 113,208 sh (-0.21%)
Pioneer Investments 198,800 sh (-2.12%)
Jeremy Grantham 72,200 sh (-17.78%)
Steven Cohen 10,462 sh (-44.14%)
» More
Q2 2014

EQR Guru Trades in Q2 2014

Manning & Napier Advisors, Inc 104,936 sh (-7.31%)
» More
» Details

Insider Trades

Latest Guru Trades with EQR

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ray Dalio 2013-12-31 Sold Out 0.01%$50.6 - $55.6 $ 64.8423%0
Ray Dalio 2013-09-30 Add 37.5%$50.45 - $59.09 $ 64.8418%11734
Ray Dalio 2013-06-30 Reduce -87.55%0.03%$52.91 - $60.75 $ 64.8413%8534
Ray Dalio 2013-03-31 Add 51.51%0.01%$54.16 - $58.74 $ 64.8415%68534
Ray Dalio 2012-12-31 Reduce -43.13%0.03%$54.06 - $59.1 $ 64.8416%45234
Ray Dalio 2012-09-30 Add 601.73%0.05%$56.99 - $65.45 $ 64.846%79534
Ray Dalio 2012-06-30 New Buy0.01%$59.15 - $63.33 $ 64.846%11334
Ray Dalio 2012-03-31 Sold Out 0.01%$54.07 - $61.84 $ 64.8418%0
Ray Dalio 2011-12-31 New Buy0.01%$49.66 - $59.96 $ 64.8417%5334
John Keeley 2011-09-30 Sold Out 0.0038%$51.33 - $63.68 $ 64.849%0
Dodge & Cox 2011-06-30 Sold Out $55.55 - $61.83 $ 64.8410%0
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Equity Residential

GuruFocus Names Four Dividend Growers of the Week
During the past week, GuruFocus recognized five companies as dividend growers. In order to be qualified for this list, the company had to:
Have a dividend of greater than 3%. Have a strong history of stable and increasing dividends. Maintain Guru ownership. Have a market cap of greater than $10 billion. The following five companies come from various industries and sectors of the market, but they all fit the necessary criteria needed to qualify them as dividend growers.
A comparison of the companies’ historical dividend growth:

Equity Residential (EQR)
On March 13, Equity Residential declared a dividend of $0.50 per share, representing 3.20% dividend yield for the company. This dividend is payable on April 11 to shareholders of the record at the close of business on March 24, 2014.


The company’s historical dividend growth is as follows:
- 10-year: -0.50%
- 5-year: 4.40%
- 3-year: 8.00%

Equity Residential is an S&P 500 company focused on the acquisition, development and management of quality apartment properties in top United States growth markets. The company provides real estate operations, leasing, legal, financial, accounting, acquisition, disposition, development and other support functions.
Equity Residential’s historical revenue and net income:

The analysis on Equity Residential reports that the company’s price is sitting near a 1-year high, its operating margin is expanding and its cash flow from operations has sever divergence from the reported net income, meaning the company might not be receiving payment from its customers.
The Peter Lynch Chart suggests that the company is currently undervalued:

Equity Residential has a market cap of $21.08 billion. Its shares were traded at around $58.37 with a P/E ratio of 11.10, a P/S ratio of 6.80 and a P/B ratio of 2.00. The dividend yield of Equity Residential is currently at 3.80%. The company had an annual average earnings growth of 3.20% over the past five years.
Philip Morris International (PM)
On March 12, Philip Morris declared a dividend of $0.94 per share, representing 4.40% dividend yield for the company. This dividend is payable on April 11 to shareholders of the record at the close of business on March 27, 2014.


The company’s historical dividend growth is as follows:
- 10-year: 0.00%
- 5-year: 13.00%
- 3-year: 13.60%

Philip Morris’ subsidiaries and affiliates and their licensees are engaged in the manufacture and sale of cigarettes and other tobacco products in markets outside the U.S. Its portfolio comprises both international and local brands. Its portfolio of international and local brands is led by Marlboro.
Philip Morris’ historical revenue and net income:

The analysis on Philip Morris reports that the company’s operating margin is expanding, over the past three years it has issued $9.2 billion of debt and its dividend yield is near a 3-year high.
The Peter Lynch Chart suggests that the company is currently overvalued:

Philip Morris has a market cap of $127.26 billion. Its shares are currently trading at around $80.28 with a P/E ratio of 15.40 and P/S ratio of 1.60. The company had an annual average earnings growth of 13.10% over the past five years.
Bangkok Bank PCL (BKKLY)
On Feb. 28, Centrica PLC declared a dividend of $0.79 per share, representing 4.67% dividend yield for the company. This dividend is payable on June 23 to shareholders of the record at the close of business on April 25, 2014.


The company’s historical dividend growth is as follows:
- 10-year: 5.70%
- 5-year: 4.80%
- 3-year: 8.20%

Bangkok Bank’s main business is commercial banking which it conducts through its businesses through a network of branches covering all parts of Thailand and some major parts of the world. It provides banking and financial services including commercial, consumer, credit card, mortgage lending, international trade financing, investment banking, and securities services.
Bangkok Bank’s historical revenue and net income:

The analysis on Bangkok Bank reports that the company’s revenue has been in decline over the past three years, its dividend yield is close to a 5-year high and its P/E and P/S ratios are trading at historical lows.
The Peter Lynch Chart suggests that the company is currently undervalued:

Bangkok Bank had a market cap of $10.27 billion. Its shares are currently trading at around $26.89 with a P/E ratio of 9.50, a P/S ratio of 3.40 and a P/B ratio of 1.20. The dividend yield of Bangkok Bank is currently at 3.30%.
Oversea-Chinese Banking Corp (OVCHY)
On March 10, Oversea-Chinese Banking declared a dividend of $0.243 per share, representing 3.30% dividend yield for the company. This dividend is payable on May 27 to shareholders of the record at the close of business on April 21, 2014.


The company’s historical dividend growth is as follows:
- 10-year: 0.00%
- 5-year: 2.80%
- 3-year: 3.50%

Oversea-Chinese Banking Group is principally engaged in the business of banking, life assurance, general insurance, asset management, investment holding, futures and stockbroking. The company's segments include Global Consumer/Private Banking, Global Corporate/Investment Banking, Global Treasury and Markets and Insurance.
Oversea-Chinese Banking’s historical revenue and net income:

The analysis on Oversea-Chinese Banking reports that the company’s revenue has been in decline over the past year, it has issued SGD14.8 in debt over the past three years and its P/S ratio is close to a 3-year high. On the other hand it also notes that the operating margin is expanding and its dividend yield is at a 5-year high.
Oversea-Chinese Banking has a market cap of $25.73 billion. Its shares are currently trading at around $14.99 with a P/E ratio of 12.40 and a P/S ratio of 5.10/ The company had an annual average earnings growth of 3.80% over the past ten years.
To view a complete list of high yielding dividend stocks found among the gurus’ portfolios, click here.

Try a free 7-day premium membership. Read more...
Groups of Gurus Hold Stocks on the Low
According the GuruFocus Value Screen for finding 52-Week Lows, Equity Residential (EQR), PG&E Corp (PCG) and BRF SA (BRFS) are guru-owned stocks traded at or near a 52-week low. Here are the company updates and recent trading highlights from top guru stakeholders. Read more...
AT&T and Pfizer Top GuruFocus Dividend Growers of the Week
During the past week, GuruFocus recognized five companies as dividend growers. In order to be qualified for this list, the company had to:
Read more...
Weekly 3-Year Low Highlight: EQR, AUY, FI, BBRY, DHX
According to GuruFocus list of 3-year lows; Equity Residential, Yamana Gold Inc, Frank’s International NV, and BlackBerry Ltd have all reached their three year lows. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 26.50
EQR's P/E(ttm) is ranked higher than
72% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 27.50 vs. EQR: 26.50 )
EQR' s 10-Year P/E(ttm) Range
Min: 8.36   Max: 115.28
Current: 26.5

8.36
115.28
P/B 2.30
EQR's P/B is ranked higher than
54% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.29 vs. EQR: 2.30 )
EQR' s 10-Year P/B Range
Min: 0.97   Max: 3.52
Current: 2.3

0.97
3.52
P/S 9.50
EQR's P/S is ranked higher than
59% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 7.70 vs. EQR: 9.50 )
EQR' s 10-Year P/S Range
Min: 2.43   Max: 12.29
Current: 9.5

2.43
12.29
PFCF 187.60
EQR's PFCF is ranked higher than
70% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 158.88 vs. EQR: 187.60 )
EQR' s 10-Year PFCF Range
Min: 19.46   Max: 1468.5
Current: 187.6

19.46
1468.5
EV-to-EBIT 57.15
EQR's EV-to-EBIT is ranked higher than
59% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 35.26 vs. EQR: 57.15 )
EQR' s 10-Year EV-to-EBIT Range
Min: 29.3   Max: 70.7
Current: 57.15

29.3
70.7
PEG 172.80
EQR's PEG is ranked higher than
73% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 9999.00 vs. EQR: 172.80 )
EQR' s 10-Year PEG Range
Min: 5.57   Max: 99999999.99
Current: 172.8

5.57
99999999.99
Shiller P/E 26.60
EQR's Shiller P/E is ranked higher than
91% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 9999.00 vs. EQR: 26.60 )
EQR' s 10-Year Shiller P/E Range
Min: 6.91   Max: 30.42
Current: 26.6

6.91
30.42
Current Ratio 0.24
EQR's Current Ratio is ranked higher than
50% of the 575 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.87 vs. EQR: 0.24 )
EQR' s 10-Year Current Ratio Range
Min: 0.14   Max: 3.6
Current: 0.24

0.14
3.6
Quick Ratio 0.24
EQR's Quick Ratio is ranked higher than
51% of the 575 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.82 vs. EQR: 0.24 )
EQR' s 10-Year Quick Ratio Range
Min: 0.14   Max: 3.6
Current: 0.24

0.14
3.6

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.10
EQR's Dividend Yield is ranked lower than
71% of the 632 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.25 vs. EQR: 3.10 )
EQR' s 10-Year Dividend Yield Range
Min: 2.31   Max: 11.37
Current: 3.1

2.31
11.37
Dividend Payout 2.57
EQR's Dividend Payout is ranked higher than
69% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.87 vs. EQR: 2.57 )
EQR' s 10-Year Dividend Payout Range
Min: 0.13   Max: 16.9
Current: 2.57

0.13
16.9
Dividend growth (3y) 8.00
EQR's Dividend growth (3y) is ranked higher than
76% of the 401 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.30 vs. EQR: 8.00 )
EQR' s 10-Year Dividend growth (3y) Range
Min: -7.7   Max: 8
Current: 8

-7.7
8
Yield on cost (5-Year) 3.84
EQR's Yield on cost (5-Year) is ranked lower than
60% of the 617 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.48 vs. EQR: 3.84 )
EQR' s 10-Year Yield on cost (5-Year) Range
Min: 2.86   Max: 14.1
Current: 3.84

2.86
14.1
Share Buyback Rate -7.80
EQR's Share Buyback Rate is ranked higher than
72% of the 507 Companies
in the Global REIT - Residential industry.

( Industry Median: -7.00 vs. EQR: -7.80 )
EQR' s 10-Year Share Buyback Rate Range
Min: 4.6   Max: -48.3
Current: -7.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.30
EQR's Price/Tangible Book is ranked higher than
58% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.34 vs. EQR: 2.30 )
EQR' s 10-Year Price/Tangible Book Range
Min: 0.92   Max: 3.35
Current: 2.3

0.92
3.35
Price/DCF (Projected) 4.67
EQR's Price/DCF (Projected) is ranked higher than
77% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 54.08 vs. EQR: 4.67 )
EQR' s 10-Year Price/DCF (Projected) Range
Min: 0.72   Max: 17.1
Current: 4.67

0.72
17.1
Price/Median PS Value 1.19
EQR's Price/Median PS Value is ranked higher than
73% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.23 vs. EQR: 1.19 )
EQR' s 10-Year Price/Median PS Value Range
Min: 0.32   Max: 1.42
Current: 1.19

0.32
1.42
Price/Graham Number 1.67
EQR's Price/Graham Number is ranked higher than
70% of the 690 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.48 vs. EQR: 1.67 )
EQR' s 10-Year Price/Graham Number Range
Min: 0.73   Max: 4.91
Current: 1.67

0.73
4.91
Earnings Yield (Greenblatt) 1.70
EQR's Earnings Yield (Greenblatt) is ranked higher than
51% of the 615 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.50 vs. EQR: 1.70 )
EQR' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.4   Max: 3.4
Current: 1.7

1.4
3.4
Forward Rate of Return (Yacktman) 1.27
EQR's Forward Rate of Return (Yacktman) is ranked higher than
72% of the 517 Companies
in the Global REIT - Residential industry.

( Industry Median: 2.16 vs. EQR: 1.27 )
EQR' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -5.4   Max: 22.9
Current: 1.27

-5.4
22.9

Business Description

Industry: REITs » REIT - Residential
Compare:PPS, AVB, AGNC, AIV, UDR » details
Traded in other countries:EQR.Germany
Equity Residential is a Maryland real estate investment trust formed in March 1993 is an S&P 500 company focused on the acquisition, development and management of quality apartment properties in top United States growth markets.The Company provides real estate operations, leasing, legal, financial, accounting, acquisition, disposition, development and other support functions. All of the Company's properties are located in developed areas that include other multifamily properties. As of December 31, 2012, the Company, directly or indirectly through investments in title holding entities, owned all or a portion of 403 properties located in 13 states and the District of Columbia consisting of 115,370 apartment units. The Company might be competing with other entities that have greater resources than the Company and whose managers have more experience than the Company's managers. Federal, state and local laws and regulations relating to the protection of the environment might require a current or previous owner or operator of real estate to investigate and clean up hazardous or toxic substances or petroleum product releases at such property.
» More Articles for EQR

Headlines

Articles On GuruFocus.com
Verizon Communications Tops GuruFocus Dividend Growers of the Week Jun 16 2014 
GuruFocus Names Four Dividend Growers of the Week Mar 17 2014 
Groups of Gurus Hold Stocks on the Low Dec 26 2013 
AT&T and Pfizer Top GuruFocus Dividend Growers of the Week Dec 24 2013 
Weekly 3-Year Low Highlight: EQR, AUY, FI, BBRY, DHX Nov 23 2013 
Guru Stocks at 52-Week Lows: EXC, VIV, CNHI, CTL, EQR Nov 18 2013 
Philip Morris and Five Others Named GuruFocus Dividend Growers of the Week Sep 16 2013 
Guru Stocks at 52-Week Low: EC, ABX, PKX, MT, EQR Apr 01 2013 
Avalon Bay - This Stock Will Fall This Year Mar 07 2012 
Equity Residential (EQR) Executive Vice President & CFO Mark J. Parrell sells 19,255 Shares Mar 02 2011 


More From Other Websites
AvalonBay signals could be indicator for Equity Residential, says BWS Financial Jul 25 2014
Coverage initiated on Equity Res by Mizuho Jul 23 2014
Residential REITs ETF Stands Out In Financial Sector Jul 11 2014
Apartment REITs Lead the Way While Office REITs See Accelerating Fundamentals: Analyst Alexander D.... Jun 27 2014
Equity Residential Announces Second Quarter 2014 Earnings Release Date Jun 27 2014
Equity Residential Promises Strong Growth Prospects Jun 26 2014
Are REITs Overvalued? A Wall Street Transcript Interview with Paul E. Adornato, CFA, a Senior... Jun 26 2014
EQUITY RESIDENTIAL Files SEC form 8-K, Submission of Matters to a Vote of Security Holders Jun 12 2014
Equity Residential Declares Second Quarter Dividends Jun 12 2014
Rental Trends Working In Equity Residential's Favor Jun 06 2014
[video] See the Last Affordable Housing in Silicon Valley Jun 06 2014
Equity Residential to Participate in NAREIT Investor Conference May 30 2014
EQUITY RESIDENTIAL Financials May 16 2014
Insider Trading Alert - EQR, CBT And XOOM Traded By Insiders May 14 2014
Equity Residential Scales New 52-Week High May 14 2014
EQUITY RESIDENTIAL Files SEC form 10-Q, Quarterly Report May 08 2014

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