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Equity Residential (EQR): Today's Featured Real Estate Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Equity Residential ( EQR) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Equity Residential fell $0.89 (-1.6%) to $54.29 on average volume. Throughout the day, 1,739,907 shares of Equity Residential exchanged hands as compared to its average daily volume of 1,903,300 shares. The stock ranged in price between $54.22-$55.40 after having opened the day at $55.25 as compared to the previous trading day's close of $55.18. Other companies within the Real Estate industry that declined today were: Arbor Realty ( ABR), down 5.5%, Amrep Corporation ( AXR), down 4.2%, China Housing & Land Development ( CHLN), down 3.5% and Alto Palermo ( APSA), down 3.4%.

Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States. Equity Residential has a market cap of $20.2 billion and is part of the financial sector. Shares are down 1.0% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Equity Residential a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Equity Residential as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins.

On the positive front, American Spectrum Realty ( AQQ), up 8.1%, American Realty Investors ( ARL), up 4.6%, Altis Resident ( RESI), up 4.6% and Brookfield Residential Properties ( BRP), up 4.5%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

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