About Equity Residential (EQR)

Equity Residential (EQR) is a real estate investment trust (REIT) that specializes in the acquisition, development, and management of high-quality apartment properties in top U.S. markets. With a diverse portfolio of properties spanning across coastal and major urban areas, the company has established itself as a leader in the multifamily residential sector. EQR operates under a long-term investment strategy focused on generating long-term value for its shareholders through steady rental income and capital appreciation. The company's primary objective is to provide residents with a high standard of living while delivering consistent returns to investors.

As of the latest market close, Equity Residential (EQR) had a market capitalization of $33.4 billion. The company's stock price history shows a steady growth trajectory over the years, reflecting its strong performance and market position. EQR is listed on the New York Stock Exchange under the ticker symbol EQR and has consistently been a part of various market indices, demonstrating its stability and attractiveness to investors. With a current PEG ratio of 2.03, the stock is considered moderately valued, suggesting a balance between growth prospects and market expectations.