The real estate sector is holding firm in a bullish formation, displaying notable resilience compared to the broader market. The Real Estate Select Sector SPDR Fund ETF NYSE: XLRE has been consolidating near its highs, just 2.7% away from its 52-week peak, setting the stage for a potential breakout in the year's final quarter. While the broader market faced selling pressure mid-week, with the SPY ETF dropping nearly 1% on Wednesday, XLRE demonstrated relative strength, closing the day up almost 1%. This bri ...

Equity Residential (EQR) is slated to report third-quarter 2024 results after the closing bell on Oct. 30. The company’s quarterly results are likely to reflect growth in revenues and funds from operations (FFO) per share.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, this Chicago, IL-based residential real estate investment trust (REIT) came up with a positive surprise of 1.04% in terms of normalized FFO per share. Results reflected decent same-store ...

Equity Residential (EQR) is likely to benefit from its high-quality, diversified portfolio targeting affluent renters. The strategic portfolio repositioning and technological enhancements are likely to aid the company. However, the elevated supply of residential rental units in some of its markets is a concern.In September 2024, EQR reported that it witnessed healthy demand and pricing for its apartment units during the primary leasing season. The company reiterated its earlier guidance of blended rate grow ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MAA; CPT, AVB, ESS, EQR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to g ...

Shares of Equity Residential (EQR) have risen 20.8% year to date, outperforming the industry's growth of 12.3%.In September 2024, EQR reported that it witnessed healthy demand and pricing for its apartment units during its primary leasing season. The company reiterated its earlier guidance of blended rate growth between 2% and 3% for the third quarter of 2024 and a physical occupancy level of 96.2% for the full-year 2024. It added that its same-store revenue growth will be able to meet its previous guided r ...

Equity Residential (EQR) is likely to benefit from its high-quality, diversified portfolio targeting affluent renters. The strategic portfolio repositioning and technological enhancements are likely to aid the company. However, the elevated supply of residential rental units in some markets and high interest rates are concerns.Last July, this residential real estate investment trust (REIT) reported its second-quarter 2024 normalized funds from operations (FFO) per share of 97 cents, which surpassed the Zack ...

Volodymyr Kyrylyuk/iStock via Getty Images Equity Residential (NYSE:EQR) is a residential REIT which focuses on what some people might consider a niche market within apartment sector. The company owns and manages a number of apartment buildings in cities that are considered "highly dynamic" and "highly desirable" by highly-educated younger population such as Boston, San Diego, Seattle and Denver. The company specifically invests in cities that fit its very specific criteria. The city has to have a high ...

Shares of Equity Residential (EQR) have rallied 16.5% year to date, outperforming the industry's growth of 9.3%.This residential REIT boasts a portfolio of high-quality apartment units in some of the key markets of the United States that have an affluent tenant base. Healthy demand for rental units in its markets, portfolio diversification efforts, technology initiatives and a decent financial position bode well for its revenue growth.Later in July 2024, EQR reported second-quarter 2024 normalized funds fro ...

Equity Residential(EQR) recently announced that it has entered into an arrangement with The Blackstone Group (BX) to buy 11 apartment properties from Blackstone Real Estate strategies in separate transactions, including Blackstone Real Estate Income Trust, Blackstone Real Estate Partners and Blackstone Property Partners, for $964 million. Subject to customary closing conditions, the transaction is expected to conclude in the third quarter of 2024.With the properties being located in Equity Residential’s exp ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks i ...