Equity Res's most recent trend suggests a bullish bias. One trading opportunity on Equity Res is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 13.64% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $70.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Equity Res is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Equity Res is bullish.
The RSI indicator is at 63.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Equity Res
Equity Residential Is Looking to Make a Big Move
Thu, 06 May 2021 16:05:23 +0000
Equity Residential (NYSE: EQR) currently has a concentrated portfolio. The residential REIT, or real estate investment trust, primarily owns apartment communities in the urban cores of major coastal gateway cities Boston, New York, Washington, D.C., Seattle, and San Francisco as well as Southern California. It focuses on those urban areas because they typically benefit from steady demand with limited new supply, which yields high occupancy levels and steadily rising rental rates.
3 Apartment REITs to Buy in May
Mon, 03 May 2021 15:00:26 +0000
Last year was a challenging one for apartment REITs, or real estate investment trusts. Because of that, top-tier apartment REITs focused on major metros — AvalonBay Communities (NYSE: AVB), Equity Residential (NYSE: EQR), and Essex Property Trust (NYSE: ESS) — should get a big booster shot this year, making them look like attractive buys for investors this May.
Equity Residential (EQR) Q1 2021 Earnings Call Transcript
Thu, 29 Apr 2021 06:01:10 +0000
EQR earnings call for the period ending March 31, 2021.
Equity Residential (EQR) Q1 FFO In Line, '21 FFO Lower-end View Up
Wed, 28 Apr 2021 14:23:02 +0000
Equity Residential's (EQR) Q1 results reflect better-than-anticipated rental income. The company is seeing healthier operating trends, with sequential improvement in physical occupancy and pricing.
Essex Property (ESS) Beats on Q1 FFO, Guides Q2 Below Consensus
Wed, 28 Apr 2021 13:03:01 +0000
Essex Property's (ESS) Q1 results reflect sequential improvement in same-property gross revenues and NOI on lower cash concessions and delinquency.
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