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Equity Residential is a real estate investment trust. The Company’s primary business is the acquisition, development and management of multifamily residential properties. The Company owns and manages approximately 318 properties consisting of 86,320 apartment units in dynamic metro areas across the United States. with a primary concentration in major coastal markets, diversified by a targeted presence in the metro areas of Atlanta, Austin, Dallas/Ft. Worth and Denver. The Company is the general partner of, owning an approximately 97.5% ownership interest in, ERP Operating Limited Partnership (ERPOP). All of the Company’s property ownership, development and related business operations are conducted through the Operating Partnership and the Company has no material assets or liabilities other than its investment in ERPOP. ERPOP is focused on conducting the multifamily property business of the Company.
Find out what a historical investment in Equity Residential would be worth today using our EQR stock calculator.
Market Capitalisation
$24.63B
Price-earnings ratio
-
Dividend yield
4.23%
Volume
2.08M
High today
$66.51
Low today
$65.14
Open price
$65.49
52-week high
$71.39
52-week low
$57.57
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