Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Equity Residential (EQR)

Company Dividend Discount ModelIndustry: REIT - ResidentialSector: Real Estate

Valuation Snapshot

Stable Growth$29.00 - $45.31$36.51
Multi-Stage$47.56 - $52.03$49.75
Blended Fair Value$43.13
Current Price$64.73
Upside-33.37%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.16%2.75%2.602.532.382.302.262.122.001.8912.202.01
YoY Growth--2.92%6.26%3.48%1.87%6.36%6.26%5.78%-84.51%508.06%1.04%
Dividend Yield--3.64%4.12%3.97%2.56%3.15%3.44%2.67%3.07%19.60%2.67%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,157.11
(-) Cash Dividends Paid (M)1,038.63
(=) Cash Retained (M)118.49
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)231.42144.6486.78
Cash Retained (M)118.49118.49118.49
(-) Cash Required (M)-231.42-144.64-86.78
(=) Excess Retained (M)-112.94-26.1531.70
(/) Shares Outstanding (M)391.21391.21391.21
(=) Excess Retained per Share-0.29-0.070.08
LTM Dividend per Share2.652.652.65
(+) Excess Retained per Share-0.29-0.070.08
(=) Adjusted Dividend2.372.592.74
WACC / Discount Rate8.15%8.15%8.15%
Growth Rate-0.01%0.99%1.99%
Fair Value$29.00$36.51$45.31
Upside / Downside-55.20%-43.60%-30.00%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,157.111,168.551,180.101,191.771,203.551,215.451,251.91
Payout Ratio89.76%89.81%89.86%89.90%89.95%90.00%92.50%
Projected Dividends (M)1,038.631,049.461,060.401,071.451,082.621,093.901,158.02

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.15%8.15%8.15%
Growth Rate-0.01%0.99%1.99%
Year 1 PV (M)960.79970.40980.01
Year 2 PV (M)888.78906.65924.69
Year 3 PV (M)822.17847.08872.50
Year 4 PV (M)760.55791.44823.25
Year 5 PV (M)703.55739.44776.78
PV of Terminal Value (M)14,469.8515,208.0415,976.06
Equity Value (M)18,605.6919,463.0520,353.29
Shares Outstanding (M)391.21391.21391.21
Fair Value$47.56$49.75$52.03
Upside / Downside-26.53%-23.14%-19.63%

High-Yield Dividend Screener

« Prev Page 47 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
4588.KLUMW Holdings Berhad3.46%$0.1722.64%
600039.SSSichuan Road & Bridge Co.,Ltd3.46%$0.3438.73%
6179.TWOATE Energy International Co., Ltd.3.46%$1.0161.93%
CCECCapital Clean Energy Carriers Corp.3.46%$0.7114.75%
PPGL.JKPT Prima Globalindo Logistik Tbk3.46%$6.5459.35%
4280.SRKingdom Holding Company3.45%$0.2761.01%
4731.KLScientex Berhad3.45%$0.1235.19%
600956.SSChina Suntien Green Energy Corporation Limited3.45%$0.2560.39%
9310.TJapan Transcity Corporation3.45%$39.1840.54%
A2B.AXA2B Australia Limited3.45%$0.0510.73%
JUBILE.BKJubilee Enterprise Public Company Limited3.45%$0.2442.76%
OBS.DEOrbis AG3.45%$0.2029.66%
SNGR.LSNGN Romgaz S.A.3.45%$0.3545.29%
T.MEIPJSC T-Technologies3.45%$108.9019.03%
002546.SZNanjing Xinlian Electronics Co., Ltd3.44%$0.2428.69%
003010.KSHaein Corporation3.44%$184.3018.44%
1861.HKPrecious Dragon Technology Holdings Limited3.44%$0.0713.56%
2M6.DEMedtronic plc3.44%$2.8175.86%
353810.KQEASY BIO,Inc.3.44%$200.0033.23%
4523.TEisai Co., Ltd.3.44%$160.1791.46%
8951.TNippon Building Fund Incorporation3.44%$4,915.8152.71%
OND.WAOnde S.A.3.44%$0.3087.35%
4540.TTsumura & Co.3.43%$139.6637.89%
6764.TWOAce Edulink Co., Ltd.3.43%$1.0084.07%
688366.SSShanghai Haohai Biological Technology Co., Ltd.3.43%$1.5189.50%
9028.TZERO Co., Ltd.3.43%$138.3233.30%
MGLU3.SAMagazine Luiza S.A.3.43%$0.3061.17%
002555.SZ37 Interactive Entertainment Network Technology Group Co., Ltd.3.42%$0.8156.85%
002993.SZDongguan Aohai Technology Co., Ltd.3.42%$1.5079.56%
2472.TWLelon Electronics Corp.3.42%$4.0255.54%
3060.SRYanbu Cement Company3.42%$0.5071.47%
3116.TToyota Boshoku Corporation3.42%$85.9881.58%
4299.THIMACS, Ltd.3.42%$44.9543.10%
CGAS3.SACompanhia de Gás de São Paulo - COMGÁS3.42%$4.1133.65%
HSN.AXHansen Technologies Limited3.42%$0.1857.93%
2291.HKLEPU ScienTech Medical Technology (Shanghai) Co., Ltd.3.41%$0.5638.72%
3355.TKuriyama Holdings Corporation3.41%$56.5527.28%
600638.SSShanghai New Huang Pu Industrial Group Co., Ltd.3.41%$0.2291.32%
OFSS.BOOracle Financial Services Software Limited3.41%$263.6797.03%
SVI.BKSVI Public Company Limited3.41%$0.2562.32%
2428.TWellnet Corporation3.40%$22.0138.29%
600572.SSZhejiang CONBA Pharmaceutical Co.,Ltd.3.40%$0.1555.59%
601216.SSInner Mongolia Junzheng Energy & Chemical Group Co.,Ltd.3.40%$0.1641.07%
7447.TNagaileben Co., Ltd.3.40%$61.1173.38%
AHOG.DEKoninklijke Ahold Delhaize N.V.3.40%$1.1951.79%
CRC-R.BKCentral Retail Corporation Public Company Limited3.40%$0.6152.01%
SSM.AXService Stream Limited3.40%$0.0853.67%
TGHTextainer Group Holdings Limited3.40%$1.7034.66%
TRA.AXTurners Automotive Group Limited3.40%$0.2439.34%
0RD8.LXior Student Housing N.V.3.39%$0.9949.30%