Should You Retain Equity Residential Stock in Your Portfolio Now?

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 ...