Coverage Initiated on Select Residential REIT Equities
ACCESSWIRE - Fri Jul 08, 8:16AM CDT
LONDON, UK / ACCESSWIRE / July 8, 2016 / Active Wall St announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the REIT - Residential industry. Companies recently under review include New Residential Investment, Equity Residential, Avalonbay Communities, and Camden Property Trust. See our complete notes on New Residential Investment at:
CPT: 89.66 (-0.63), AVB: 183.54 (-1.01), NRZ: 13.20 (+0.06), EQR: 70.43 (-0.34)
Watch for Equity Residential to Potentially Pullback After Gaining 1.07% Yesterday
Comtex SmarTrend(R) - Tue Jul 05, 4:24PM CDT
Equity Residential (NYSE:EQR) traded in a range yesterday that spanned from a low of $68.84 to a high of $70.38. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $69.25 on volume of 754,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
EQR: 70.43 (-0.34)
Equity Residential Set to Possibly Pullback After Yesterday's Rally of 2.30%
Comtex SmarTrend(R) - Tue Jun 28, 12:28PM CDT
Equity Residential (NYSE:EQR) traded in a range yesterday that spanned from a low of $66.24 to a high of $67.57. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $66.42 on volume of 1.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
EQR: 70.43 (-0.34)
Look for Shares of Equity Residential to Potentially Pullback after Yesterday's 2.30% Rise
Comtex SmarTrend(R) - Tue Jun 28, 12:26PM CDT
Equity Residential (NYSE:EQR) traded in a range yesterday that spanned from a low of $66.24 to a high of $67.57. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $66.42 on volume of 1.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
EQR: 70.43 (-0.34)
Can Equity Residential (EQR) Counter Excess Supply Woes?
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 9:11AM CDT
Persistent weakness in the New York portfolio, coupled with the recent downtrend in the San Francisco portfolio compelled Equity Residential (EQR) to cut its 2016 guidance.
AHH: 14.21 (-0.09), PPS: 61.58 (-0.46), EDR: 46.50 (-0.23), EQR: 70.43 (-0.34)
Zacks Industry Outlook Highlights: Equity Residential, CBRE Group, Western Asset Mortgage Capital, Walter Investment Management and AG Mortgage Investment Trust
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:30AM CDT
Zacks Industry Outlook Highlights: Equity Residential, CBRE Group, Western Asset Mortgage Capital, Walter Investment Management and AG Mortgage Investment Trust
CBG: 27.39 (+0.72), MITT: 14.40 (-0.09), WAC: 2.87 (+0.08), WMC: 9.54 (+0.01), EQR: 70.43 (-0.34)
Downgrade Alert for Equity Residential (EQR)
Comtex SmarTrend(R) - Thu Jun 09, 3:30AM CDT
Equity Residential (NYSE:EQR) was downgraded from Buy to Hold at Jefferies today. The stock closed yesterday at $64.27 on volume of 1.5 million shares, below average daily volume of 1.9 million. Equity Residential share prices have moved between a 52-week high of $82.39 and a 52-week low of $61.90 and closed yesterday at 4% above that low price at $64.28 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has remained constant.
EQR: 70.43 (-0.34)
Troubled by Residential Real Estate? Buy These REITs Instead
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 7:54AM CDT
Things got worse for the residential REIT stocks that saw a sell-off over the past few days following a guidance cut for 2016 same store revenue by Equity Residential (EQR).
INN: 14.03 (+0.06), WPC: 69.77 (-0.06), PSB: 109.35 (-0.17), COR: 87.30 (-0.81), EQR: 70.43 (-0.34)
Why Investors Love These REITs' Stocks? - New Residential Investment, Equity Residential, Avalonbay Communities, and Camden Property Trust
PR Newswire - Wed Jun 08, 7:50AM CDT
Stocks in the Residential REITs segment remain a good choice for many investors, given higher demands for residential units this year. Today, ActiveWallSt.com has decided to look into the following REITs' stocks: New Residential Investment Corp. (NYSE: NRZ), Equity Residential (NYSE: EQR), Avalonbay Communities Inc. (NYSE: AVB), and Camden Property Trust (NYSE: CPT). Learn more about these stocks and access their free alerts by clicking below:
CPT: 89.66 (-0.63), AVB: 183.54 (-1.01), NRZ: 13.20 (+0.06), EQR: 70.43 (-0.34)
AvalonBay's Rental Revenue to Grow as Expected Earlier
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 7:20AM CDT
AvalonBay Communities, Inc. (AVB) expects second-quarter rental revenues for established communities to grow at a pace that was projected earlier.
UDR: 36.85 (-0.32), AVB: 183.54 (-1.01), ESS: 229.95 (-1.38), EQR: 70.43 (-0.34)
Look for Shares of Equity Residential to Potentially Rebound after Yesterday's 2.57% Sell Off
Comtex SmarTrend(R) - Mon Jun 06, 2:08PM CDT
Equity Residential (NYSE:EQR) traded in a range yesterday that spanned from a low of $63.20 to a high of $65.13. Yesterday, the shares fell 2.6%, which took the trading range below the 3-day low of $64.79 on volume of 1.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
EQR: 70.43 (-0.34)
Equity Residential to Participate in NAREIT REIT Week 2016 Conference
BusinessWire - Fri Jun 03, 11:41AM CDT
Equity Residential (NYSE: EQR) today announced that the company's President and CEO, David J. Neithercut, will participate in a roundtable discussion at the NAREIT REIT Week 2016 Conference on Tuesday, June 7, 2016 at 2:15 p.m. ET. The event will be web cast live. A link to the web cast will be available in the Presentations section of Investor section of the company's website at www.equityapartments.com.
EQR: 70.43 (-0.34)
Upgrade Alert for Equity Residential (EQR)
Comtex SmarTrend(R) - Fri Jun 03, 3:30AM CDT
Equity Residential (NYSE:EQR) was upgraded from Neutral to Buy at SunTrust today. The stock closed yesterday at $66.50 on volume of 4.5 million shares, above average daily volume of 1.9 million. Equity Residential (NYSE:EQR) has potential upside of 27.8% based on a current price of $66.50 and analysts' consensus price target of $85.01. The stock should find initial resistance at its 50-day moving average (MA) of $72.05 and further resistance at its 200-day MA of $75.31.
EQR: 70.43 (-0.34)
Equity Residential Lowers Guidance Amid Market Weakness
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 7:56AM CDT
Continued weakness in New York and the recent downturn in the San Francisco portfolio compelled Equity Residential (EQR) to lower its guidance for 2016 same store revenue and NOI.
UDR: 36.85 (-0.32), AVB: 183.54 (-1.01), ESS: 229.95 (-1.38), EQR: 70.43 (-0.34)
After Yesterday's Decline of 4.29%, Equity Residential Offers Investors Better Value
Comtex SmarTrend(R) - Wed Jun 01, 12:16PM CDT
Equity Residential (NYSE:EQR) traded in a range yesterday that spanned from a low of $66.02 to a high of $68.43. Yesterday, the shares fell 4.3%, which took the trading range below the 3-day low of $68.30 on volume of 2.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
EQR: 70.43 (-0.34)
Equity Residential Lowers 2016 Same Store Revenue and NOI Guidance Ranges
BusinessWire - Wed Jun 01, 7:32AM CDT
Equity Residential (NYSE: EQR) today announced that the company expects to report same store revenue growth of approximately 4.0% to 4.2% for the second quarter of 2016 and, as a result, expects to produce same store revenue growth of between 4.0% and 4.5% for the full year 2016, down from its previous guidance range of 4.5% to 5.0%. The revision is being driven by continued weakness in its New York portfolio and recent underperformance in the company's San Francisco portfolio. While occupancies and renewal rates in these markets continue to perform in line with the company's expectations, new lease rates are not meeting original projections due to new rental apartment supply.
EQR: 70.43 (-0.34)
Will Equity Residential (EQR) Benefit from Property Sales?
Zacks Equity Research - Zacks Investment Research - Mon May 30, 7:01AM CDT
We updated our research report on Equity Residential (EQR) on May 27, 2016.
AHH: 14.21 (-0.09), SBY: 17.31 (-0.07), ELS: 79.78 (-0.64), EQR: 70.43 (-0.34)