Equity Residential Properties Trust

Most Recent

  • uploads///condominium _
    Earnings Report

    Here’s What Drove Equity Residential’s Strong Q3 Results

    Equity Residential (EQR) reported strong third-quarter results yesterday.

    By Anirudha Bhagat
  • uploads///Valuation
    Company & Industry Overviews

    Is Simon Property a Good Value Stock at Current Multiples?

    Simon Property’s TTM (trailing-12-month) price-to-FFO ratio is 15.0x.

    By Anirudha Bhagat
  • uploads///Feature Image
    Real Estate

    Why Simon Property’s Stock Has Gained Momentum Recently

    After a weak performance in the first half of 2018 with returns of about -1%, Simon Property Group (SPG) stock has been gaining solid momentum recently.

    By Anirudha Bhagat
  • uploads///Valuation
    Earnings Report

    Where Equity Residential Stands among Peers after Q2 Results

    Over the last two months, analysts have maintained their “hold” recommendation for Equity Residential.

    By Anirudha Bhagat
  • uploads///Acquisition Disposition
    Earnings Report

    Equity Residential: Shareholder Wealth by Capital Reallocation

    During the first half of 2018, Equity Residential sold four apartment properties and a land parcel for $292.7 million.

    By Anirudha Bhagat
  • uploads///Same Store Expenses
    Earnings Report

    Where Equity Residential’s Expenses Are Heading

    Equity Residential’s (EQR) second-quarter operating expenses increased at a higher rate than the growth rate of same-store revenues.

    By Anirudha Bhagat
  • uploads///holiday __
    Earnings Report

    Equity Residential’s Q2 Results Beat Wall Street Estimates

    Equity Residential (EQR) posted FFO (funds from operations) of $0.81 in Q2 2018, beating Wall Street’s expectations by a penny.

    By Anirudha Bhagat
  • uploads///Analyst Recommendation
    Earnings Report

    Why Wall Street Loves Simon Property Group

    Simon Property Group’s four back-to-back quarters of positive earnings surprises and its impressive outlook have made analysts optimistic.

    By Anirudha Bhagat
  • uploads///Valuation
    Earnings Report

    Is Simon Property’s Premium Valuation Justified?

    Simon Property Group (SPG) can be best evaluated by its price-to-FFO (price-to-funds from operations) multiple.

    By Anirudha Bhagat
  • uploads///NOI
    Earnings Report

    Expansion, Development Initiatives to Drive SPG’s Income

    Analysts expect Simon Property Group (SPG) to report net operating income (or NOI) of $1.07 billion in the second quarter.

    By Anirudha Bhagat
  • uploads///US Retail Sales
    Consumer

    Simon Property to Gain from Improving Economy, Trump’s Policies

    The favorable consumer environment should boost the hopes of retailers, the benefits of which are likely to pass on to operators such as Simon Property Group.

    By Anirudha Bhagat
  • uploads///
    Macroeconomic Analysis

    Why Existing Home Sales Have Been on a Continuous Slide

    The United States National Association of Realtors (or NAR) releases a monthly report on the existing home sales (ITB) market.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Why Existing Home Sales Continued Their Decline in April

    The US National Association of Realtors (or NAR) releases a monthly report on the existing home sales (ITB) market.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Here Are March’s Trends in Existing Home Sales

    According to the NAR’s April 2018 report, existing home sales rose 1.1% to a seasonally adjusted annual rate of 5.6 million homes in March.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    How Existing Home Sales Trended in February

    The United States National Association of Realtors (or NAR) releases a monthly report on the existing home sales (ITB) market.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Why Declining Existing Home Sales Are Considered a Positive Sign

    The United States National Association of Realtors (or NAR) releases a monthly report on existing home sales (ITB).

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Analyzing the Fall in December’s Existing Home Sales

    According to the January report from NAR, existing home sales decreased 3.6% to a seasonally adjusted annual rate of 5.57 million homes in December.

    By Ricky Cove
  • uploads///_balancesheet
    Company & Industry Overviews

    How Does Equity Residential’s Balance Sheet Look?

    EQR reported higher revenues backed by strong growth in rental income.

    By Raina Brown
  • uploads///_macro factors
    Company & Industry Overviews

    How Tax Plan, Interest Rates, and Other Factors Are Affecting EQR

    Since REITs are required to pay 90% of their income as dividends, the tax cuts might reduce their advantage in comparison to other corporations.

    By Raina Brown
  • uploads///_dividend policy
    Company & Industry Overviews

    How Is Equity Residential Rewarding Its Investors?

    EQR announced a quarterly dividend of $0.50. The current dividend yield stands at 3.2%, and it has a payout ratio of 135.2% for 3Q17.

    By Raina Brown
  • uploads///Art_Stratergicproperties
    Company & Industry Overviews

    Equity Residential’s Strategic Properties Give It an Edge

    Equity Residential (EQR) has properties in Southern California, San Francisco, New York, Washington DC, Boston, and Seattle.

    By Raina Brown
  • uploads///_ANALYST
    Company & Industry Overviews

    What Do Wall Street Analysts Think of Equity Residential?

    Analysts gave EQR a mean price target of $69.08, implying a ~8.3% rise from its current level of $63.77.

    By Raina Brown
  • uploads///Article
    Company & Industry Overviews

    SPG’s Stable Dividend Policy

    During 2016, SPG repurchased 1,409,197 shares at an average price of $181.14 per share.

    By Raina Brown
  • uploads///Article
    Company & Industry Overviews

    Simon Property Group: Altering Strategies to Target Growth in 2018

    Simon Property Group (SPG) is expected to pay a dividend of $7.15 per share in 2017, an increase of 10.0%. Its portfolio valuation rose 3.9% for 3Q17 on a year-over-year basis.

    By Raina Brown
  • uploads///
    Macroeconomic Analysis

    Existing Home Sales: Strongest Pace in 11 Years

    According to the latest report from NAR, existing home sales rose 5.6% to a seasonally adjusted annual rate of 5.81 million homes in November.

    By Ricky Cove
  • uploads///
    Consumer

    Households Think It’s a Good Time to Buy a Home

    According to the latest report from NAR, existing home sales have risen 2% to a seasonally adjusted annual rate of 5.48 million in October.

    By Ricky Cove
  • uploads///Art  Dividend
    Company & Industry Overviews

    How Boston Properties Returns Value to Shareholders

    In order to qualify as REITs (real estate investment trusts), companies usually have to pay 90% of their profits (excluding capital gains) as dividends.

    By Jennifer Mathews
  • uploads///Art  Initiatives
    Company & Industry Overviews

    Boston Properties Could Ride High on These Factors

    Boston Property (BXP) has strong business momentum and has been maintaining a decent growth trajectory for the past few years.

    By Jennifer Mathews
  • uploads///Ratings
    Company & Industry Overviews

    How Wall Street Analysts Rated the Top 3 Self-Storage REITs after 2Q17

    Extra Space Storage’s (EXR) analyst target price is $81.13, up 7% from its current price level.

    By Jennifer Mathews
  • uploads///PFFO
    Company & Industry Overviews

    Comparing the Valuations of 3 Leading Self-Storage REITs after 2Q17

    Public Storage (PSA) trades at an EV-to-EBITDA multiple of ~21.5x.

    By Jennifer Mathews
  • uploads///DE
    Company & Industry Overviews

    Chart in Focus: Self-Storage REITs’ 2Q17 Balance Sheets

    CubeSmart issued two notes of $50.0 million each, carrying interest of 4.4% and 4.0% and maturity dates of 2023 and 2025, respectively.

    By Jennifer Mathews
  • uploads///For Development Art
    Company & Industry Overviews

    Overview of Self-Storage REITs’ Development Activities in 2Q17

    During 1H17, CubeSmart acquired two properties located in Maryland and California worth $21.9 million.

    By Jennifer Mathews
  • uploads///NOI
    Company & Industry Overviews

    How the Top 3 Self-Storage REITs Managed Their Expenses in 2Q17

    Although Public Storage did not provide any guidance for net operating income expected during fiscal 2017, analysts expect the company to report flat YoY NOI of ~$2.0 billion during 2Q17.

    By Jennifer Mathews
  • uploads///INtro
    Company & Industry Overviews

    Comparing the Top 3 Self-Storage REITs after 2Q17 Earnings

    Self-storage REITs are experiencing solid growth in income and revenues in 2017. In this series, we’ll analyze the 2Q17 results for Public Storage (PSA), Extra Space Storage (EXR), and CubeSmart (CUBE).

    By Jennifer Mathews
  • uploads///EQR Dev
    Company & Industry Overviews

    Residential REITs Implemented These Capital Deployment Strategies

    Residential REITs undertook various development and expansionary activities in order to maintain their leadership in the sector.

    By Jennifer Mathews
  • uploads///Art  FFO
    Company & Industry Overviews

    What Lies Ahead for AVB, ESS, and EQR?

    The residential REIT sector is on the threshold of a transition period and the performance of these stocks depends a lot on the macroeconomic as well as industrial changes taking place currently.

    By Jennifer Mathews
  • uploads///PFFO
    Earnings Report

    How AvalonBay Compares after 2Q17

    Price-to-funds from operations multiple AvalonBay Communities’ (AVB) performance in 2Q17 can be best evaluated by looking at its price-to-FFO (funds from operations) multiple. The multiple, widely used for REITs, gives an idea of how much an investor pays for a particular stock per unit of its profit. The multiple, which has the same implications as the price-to-earnings […]

    By Jennifer Mathews
  • uploads///Debt
    Earnings Report

    Financing Activities Leverage AvalonBay’s Balance Sheet in 2Q17

    Performance in 2Q17 AvalonBay Communities (AVB) has undertaken several development, redevelopment, and expansion projects to maintain its share in the market. It invested $400 million in new developments during the quarter. REITs such as UDR (UDR), Essex Property Trust (ESS), and Equity Residential (EQR) fund these activities with the help of debt and equity. Therefore, […]

    By Jennifer Mathews
  • uploads///NOI
    Earnings Report

    Income Rises in 2Q17, AvalonBay Expects Higher Expenses

    Income generated in 2Q17 AvalonBay Communities (AVB) reported NOI (net operating income) of $367.1 million, compared with $339.6 million in 2Q16. The Northern California region reported the highest NOI of $64.6 million, followed by the New York metropolitan area, which reported NOI of $61.5 million. Development and redevelopment communities reported NOI growth of $40.1 million, […]

    By Jennifer Mathews
  • uploads///Regional
    Earnings Report

    How Geography Affected AvalonBay’s 2Q17 Results

    Wide geographical diversity AvalonBay Communities (AVB) has its assets well placed in high-demand Class A cities. These cities have soaring job growth, a high barrier to entry for competitors, and proximity to premium infrastructure. REIT peers UDR (UDR), Equity Residential (EQR), and Essex Property Trust (ESS) are repositioning their properties to Class A cities and […]

    By Jennifer Mathews
  • uploads///Development
    Earnings Report

    AvalonBay Maintains Profit with Strategic Capital Deployment

    Demographic shift American demographics are shifting towards Class A cities with high-income growth and demand for residential apartments. These cities offer job prospects and proximity to offices, schools, and other necessities for premium social living. Although these cities also have high barriers to entry, more residential apartment owners are repositioning their properties in these areas. […]

    By Jennifer Mathews
  • uploads///Revenue
    Earnings Report

    AvalonBay Revenue Climbs in 2Q17, Backed by Rent Growth

    Robust 2Q17 driven by rent growth AvalonBay Communities’ (AVB) total revenue of $530.5 million marginally surpassed Wall Street estimates by 0.3%. However, revenue rose by almost 6% from the year prior. Upbeat top-line growth reflected growth in development communities and stabilized operating communities. Same-store revenue rose 2.5% year-over-year. Including revenue from redeveloped communities, same-store revenue […]

    By Jennifer Mathews
  • uploads///FFO
    Earnings Report

    What Lies Ahead for AvalonBay

    Robust 2Q17 results AvalonBay Communities’ (AVB) top and bottom lines exceeded expectations, backed by higher net operating income growth of 8.1%.   Factors affecting profit during 2Q17 Higher occupancy and rent growth in development communities and stabilized operating communities led to upbeat results during the quarter. Higher funds from operations expected for 3Q17 AvalonBay expects […]

    By Jennifer Mathews
  • uploads///Intro
    Earnings Report

    Where AvalonBay Stands after Its 2Q17 Earnings Release

    AvalonBay Communities (AVB) reported core FFO (funds from operations) of $2.09 per share, in line with Wall Street estimates.

    By Jennifer Mathews
  • uploads///PFFO
    Earnings Report

    How Vornado Stacks Up against Peers

    Vornado’s recent development and redevelopment activities have made investors optimistic about the stock.

    By Jennifer Mathews
  • uploads///Debt
    Earnings Report

    Financing Helped Vornado Maintain Strong Balance Sheet in 2Q17

    During 2Q17, Vornado Realty Trust (VNO) reported higher year-over-year top-line and bottom-line results backed by growth in rent and occupancy level.

    By Jennifer Mathews
  • uploads///Art  NOI
    Earnings Report

    Did Vornado’s Cost Reduction Efforts Bear Fruit in 2Q17?

    Vornado Realty Trust reported adjusted FFO (funds from operation) of $1.35 per share, which beat Wall Street estimates of $1.20 per share.

    By Jennifer Mathews
  • uploads///Disposition
    Earnings Report

    How Recent Disposition Activities Helped Vornado in 2Q17

    Vornado Trust’s (VNO) top-line and bottom-line results improved year-over-year backed by higher rent growth and lower operational costs.

    By Jennifer Mathews
  • uploads///Development
    Earnings Report

    Project Development Spurred Vornado’s Growth in 2Q17

    Vornado Realty Trust (VNO) reported decent results in 2Q17. Its top line and bottom line surpassed results from 2Q16 backed by higher rent and new lease activities.

    By Jennifer Mathews
  • uploads///Art  Expansion
    Earnings Report

    How Vornado’s New York Office Segment Performed in 2Q17

    Vornado Realty Trust (VNO) reported higher year-over-year top-line and bottom-line results during 2Q17 backed by higher rent growth, lower costs, and new leases during the quarter.

    By Jennifer Mathews
  • uploads///Art  Revenue
    Earnings Report

    Vornado’s New Leases Drove Revenue in 2Q17

    VNO posted rental revenue of $626 million in 2Q17, missing Wall Street’s estimates of $633.2 million.

    By Jennifer Mathews
  • uploads///Art  FFO
    Earnings Report

    Where Does Vornado Stand after 2Q17 Earnings?

    Vornado Realty Trust (VNO) reported core funds from operation (or FFO) of $1.35 per share in 2Q17, which surpassed Wall Street estimates of $1.20 per share.

    By Jennifer Mathews
  • uploads///Art  Debt
    Earnings Report

    How Equity Residential Improved Its Balance Sheet in 2Q17

    During 2Q17, Equity Residential (EQR) reported higher-than-expected top-line and bottom-line results backed by robust rent growth and occupancy levels.

    By Jennifer Mathews
  • uploads///Art  Revenue
    Earnings Report

    Why Equity Residential’s Top Line Soared in 2Q17

    Equity Residential’s (EQR) top line in 2Q17 surpassed both the year-ago results as well as management’s expectations backed by rent growth.

    By Jennifer Mathews
  • uploads///Art  Rating
    Earnings Report

    How Wall Street Analysts Rate Vornado

    Analysts assigned VNO a mean price target of $89.52, 13.8% higher than its current price level.

    By Jennifer Mathews
  • uploads///Art  Val
    Earnings Report

    How Vornado Stacks Up against Other Industry Players

    VNO’s current price-to-FFO multiple is 17.77x. The company has been able to return value to its shareholders consistently in the form of dividends and share repurchases.

    By Jennifer Mathews
  • uploads///Art  Sentiment
    Earnings Report

    Will Vornado Benefit from a Growing Economy in 2Q17?

    Although Vornado Realty Trust (VNO) may witness lower margins during a higher interest rate environment, it may see significant growth in the near future.

    By Jennifer Mathews
  • uploads///Art  Interest
    Earnings Report

    How Macro Issues Could Affect Vornado in 2Q17

    Wall Street expects Vornado Realty Trust (VNO) to post flat year-over-year top-line and bottom-line results in 2Q17.

    By Jennifer Mathews
  • uploads///Art  Expansion
    Earnings Report

    These Factors Could Affect Vornado’s 2Q17 Results

    Vornado Realty Trust (VNO) is scheduled to report its 2Q17 earnings on July 31, 2017.

    By Jennifer Mathews
  • uploads///Art  NOI
    Earnings Report

    Will Vornado’s Project Streamlining Drive Net Operating Income?

    Wall Street analysts expect Vornado Realty Trust (VNO) to report net operating income of $338.1 million in 2Q17.

    By Jennifer Mathews
  • uploads///Art  Revenue
    Earnings Report

    How Vornado’s Revenue Could Benefit from Strategic Initiatives

    Analysts expect Vornado Realty Trust (VNO) to report revenues of $622.3 million for 2Q17 when it releases its earnings on July 31, 2017.

    By Jennifer Mathews
  • uploads///Art  FFO
    Earnings Report

    What’s in Store for Vornado’s 2Q17 Earnings?

    Vornado Realty Trust (VNO) is scheduled to report its 2Q17 earnings on July 31, 2017.

    By Jennifer Mathews
  • uploads///Art  Sentiment
    Earnings Report

    Equity Residential’s Main Revenue Drivers in 2Q17

    Equity Residential (EQR) is expected to experience slightly lower margins, mainly due to the higher cost of debt.

    By Jennifer Mathews
  • uploads///Art  Val
    Earnings Report

    Equity Residential Compared to Its Peers

    Equity Residential’s current price-to-FFO multiple is 21.01x. Its higher multiple shows that the stock has provided a consistent capital value return.

    By Jennifer Mathews
  • uploads///Art  Revenue
    Earnings Report

    Can Equity Residential Ride High on Top Line in 2Q17?

    Analysts expect Equity Residential (EQR) to report revenue of $608.5 million for 2Q17 when it releases its results on July 25, 2017.

    By Jennifer Mathews
  • uploads///Art  PFFO
    Company & Industry Overviews

    How Essex Property Trust Compares to Other Industry Players

    The price-to-FFO (funds from operation) ratio is the most popular method of measuring the relative valuation of real estate investment trusts (or REIT) such as Essex Property Trust.

    By Jennifer Mathews
  • uploads///Art  Rating
    Company & Industry Overviews

    How Does Wall Street Rate Essex Property Trust?

    Essex Property Trust’s (ESS) performance expectations in 2017 are reflected in analysts’ ratings for its stock. Analysts have given ESS a mean price target of $257.6.

    By Jennifer Mathews
  • uploads///Art  DE
    Company & Industry Overviews

    How Well Does Essex Property Manage Its Balance Sheet?

    In order to function as real estate investment trusts (or REIT), companies such as Essex Property Trust (ESS) have to pay almost 90% of their taxable income out as dividends.

    By Jennifer Mathews
  • uploads///Art  Consumer Sentiment
    Company & Industry Overviews

    Are Trump and the Rate Hike Blessings in Disguise for ESS?

    Rising optimism among citizens bodes well for REITs such as Essex Property Trust (ESS) AvalonBay Communities (AVB), Equity Residential (EQR), and UDR (UDR).

    By Jennifer Mathews
  • uploads///Art  Dividend
    Company & Industry Overviews

    How Well Does Essex Property Return Value to Its Shareholders?

    Real estate investment trusts (or REIT) such as Essex Property Trust (ESS) need to pay at least 90% of their taxable incomes as dividends or share buybacks as a prerequisite for functioning as REITs.

    By Jennifer Mathews
  • uploads///Art  Price and Interest
    Company & Industry Overviews

    How High Interest Could Affect ESS and Residential REITs

    REITs such as Essex Property Trust (ESS) yielded high returns in the long period during which interest rates were below average.

    By Jennifer Mathews
  • uploads///Art  Development Projects
    Company & Industry Overviews

    Development Projects Helps Essex Property Combat REIT Headwinds

    Amid the shifting residential REIT scenario, Essex Property Trust (ESS) has been able to maintain its dominant position.

    By Jennifer Mathews
  • uploads///Art  Housing starts
    Company & Industry Overviews

    Essex Property and Residential REITs Are Poised to Grow

    The home building sector has set itself a course for smooth sailing amid the current favorable economic scenario.

    By Jennifer Mathews
  • uploads///Art  Proportion
    Company & Industry Overviews

    Essex Property to See Growth due to Winning Strategies

    The current macroeconomic scenario is conducive for growth in the residential REIT (real estate investment trust) sector.

    By Jennifer Mathews
  • uploads///Art  Revenue
    Company & Industry Overviews

    How Essex Property Maintains Its Revenue Growth

    A slow and steady improvement in the job market and rising optimism among consumers about their economic welfare has triggered a spike in the construction sector.

    By Jennifer Mathews
  • uploads///Art  FFO
    Company & Industry Overviews

    Essex Property: An Apartment REIT Standing Strong amid Headwinds

    The current economic environment has made investors skeptical about the real estate investment trust (or REIT) industry.

    By Jennifer Mathews
  • uploads///Art  Ratings
    Company & Industry Overviews

    How Wall Street Analysts Rate Vornado Realty Trust

    Analysts assigned VNO a mean price target of $108.18, which is 12.9% higher than its current price level.

    By Jennifer Mathews
  • uploads///Art  Val
    Company & Industry Overviews

    Where Vornado Stands among Its Peers

    Vornado Realty Trust (VNO) currently offers a next-12-month (or NTM) dividend yield of 3%, which is in line with its close competitors.

    By Jennifer Mathews
  • uploads///Art  DE
    Company & Industry Overviews

    How Well Does Vornado Leverage Its Balance Sheet?

    Vornado Realty Trust’s (VNO) total debt-to-total-equity ratio was 153.8%.

    By Jennifer Mathews
  • uploads///Art  Interest
    Company & Industry Overviews

    The Fed’s Interest Rate Hike—A Challenge for Vornado Realty Trust

    After increasing interest rates in December 2016, the Fed hiked rates in March and June 2017 by 0.25%.

    By Jennifer Mathews
  • uploads///Art  Consumer Sentiment
    Company & Industry Overviews

    Vornado amid the Economic Transition under President Trump

    According to the University of Michigan, the June 2017 consumer sentiment index gained 1.7% year-over-year, standing at 95.1%.

    By Jennifer Mathews
  • uploads///Part  chart
    Company & Industry Overviews

    Vornado Realty Trust Works to Streamline Its Operations

    Vornado Realty Trust (VNO) disposed of its 32.7% stake in Toys “R” Us and Urban Edge Properties as part of its strategy to concentrate on its core business.

    By Jennifer Mathews
  • uploads///Art  development
    Company & Industry Overviews

    Vornado Realty Trust—Development, Redevelopment, and Occupancy

    Vornado Realty Trust (VNO) invested in developing a high-demand office property in Highline at 512 West 22nd Street in Manhattan, which covers 173,000 square feet.

    By Jennifer Mathews
  • uploads///Art  Revenue
    Company & Industry Overviews

    A Look at Vornado’s Top-Line Performance

    Vornado Realty Trust (VNO) is in talks to finalize the tax-free spinoff of its business in Washington, D.C. VNO expects to concentrate solely on its New York business after the spinoff.

    By Jennifer Mathews
  • uploads///Art  FFO
    Company & Industry Overviews

    Vornado Realty: A Commercial REIT Thriving amid a Retail Crisis

    Vornado Realty Trust (VNO) is selling off its non-performing assets and focusing on its core business in a move to improve its profitability. Analysts are encouraged by Vornado’s strategy of optimizing its profits.

    By Jennifer Mathews
  • uploads///VAL
    Miscellaneous

    How Wall Street Analysts View AvalonBay Stock

    In May 2017, 11 of 23 analysts covering AVB stock issued “buy” or “strong buy” ratings.

    By Jennifer Mathews
  • uploads///Price to FFO
    Company & Industry Overviews

    AvalonBay—Comparison with Other Retail REITs in Its Industry

    Currently, AvalonBay Communities is offering a next-12-month (or NTM) dividend yield of 3%, which is in line with its close competitors.

    By Jennifer Mathews
  • uploads///Art  geographical
    Company & Industry Overviews

    AvalonBay, Residential REITs Target Headwinds through Diversification

    During 1Q17, AvalonBay Communities (AVB) had completed the development of projects worth $650 million at an initially projected yield of 5.6%.

    By Jennifer Mathews
  • uploads///Art  Trump Budget
    Company & Industry Overviews

    The Impact of Trump’s Proposed 2018 Budget on Residential REITs

    According to President Trump’s proposed budget for fiscal 2018, the administration is expected to slash $6 million from the U.S. Department of Housing and Urban Development budget, decreasing its funding by 13.2% to $40.7 billion.

    By Jennifer Mathews
  • uploads///Consumer Sentiment Trump Article
    Company & Industry Overviews

    Could Rising Consumer Sentiment Boost REITs Like AVB?

    According to the University of Michigan, the consumer sentiment index for May 2017 gained 2.5% year-over-year, standing at 97.1%.

    By Jennifer Mathews
  • uploads///Interest Rate Price Ratio
    Company & Industry Overviews

    How Rising Interest Rates Impact AVB and Residential REITs

    There is wide anticipation in the market that the Federal Reserve could raise interest rates again during its upcoming meeting on June 14, 2017.

    By Jennifer Mathews
  • uploads///Art  Housing Starts
    Company & Industry Overviews

    AvalonBay Communities and the Residential REIT Industry Overview

    According to NHAB’s Housing Economics survey, housing starts are expected to rise 6.2% in 2017 and ~6.3% in 2018, backed by respective 9.6% and ~11.8% gains in single-family home sales.

    By Jennifer Mathews
  • uploads///Art  Rev
    Company & Industry Overviews

    AvalonBay Maintains Revenue Growth amid Industrial Headwinds

    AvalonBay’s 1Q17 revenues came in at ~$522.3 million and surpassed estimates by 0.3%.

    By Jennifer Mathews
  • uploads///Art  FFO
    Company & Industry Overviews

    AvalonBay: Weathering Ups and Downs in Residential REITs

    In May 2017, 11 of 23 analysts covering AvalonBay Communities (AVB) stock issued “buy” or “strong buy” ratings. Eleven analysts gave AVB a “hold” rating, and one analyst gave it a “sell” or a “strong sell” rating.

    By Jennifer Mathews
  • uploads///Art  DE
    Company & Industry Overviews

    How Does Equity Residential Manage Its Debt Leverage?

    Equity Residential’s effective overall borrowing rate for fiscal 2016 was ~4.5%, close to its 2015 level of ~4.6%.

    By Jennifer Mathews
  • uploads///Art  Portfolio Transformation Part
    Company & Industry Overviews

    Equity Residential’s Geographic Expansion

    As a part of its strategy initiated in 2005, Equity Residential (EQR) started to sell off its properties to other REITs located in less-dense regions.

    By Jennifer Mathews
  • uploads///Art  Operating Expense
    Company & Industry Overviews

    How Rising Interest Rates Could Affect Equity Residential

    The Fed indicated that it could implement two more rate hikes in 2017. The market speculates one of the rate hikes could occur in June, and the other one is expected to occur around December 2017.

    By Jennifer Mathews
  • uploads///Art   Segmental revenue
    Company & Industry Overviews

    Understanding Equity Residential’s Business Segments

    In 1Q17, Southern California comprised 25% of Equity Residential’s (EQR) total revenues, 19% of its total revenues came from Washington, D.C., and New York comprised 21% of its total revenues.

    By Jennifer Mathews
  • uploads///Art  Properties
    Company & Industry Overviews

    Equity Residential: The Largest Apartment Building Owner in the US

    On March 31, 2017, Equity Residential (EQR) owned 302 properties in ten states and the District of Columbia, comprising 77,498 apartment units.

    By Jennifer Mathews
  • uploads///Analyst Ratings
    Company & Industry Overviews

    How Wall Street Analysts View Simon Property Group

    Analysts gave SPG a mean price target of $202.45, implying an ~25.1% rise from its current level of $161.78.

    By Jennifer Mathews
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.