2. As of noon trading, Equity Residential ( EQR) is up $0.30 (0.5%) to $55.85 on light volume Thus far, 519,211 shares of Equity Residential exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $55.59-$56.11 after having opened the day at $55.85 as compared to the previous trading day's close of $55.55. 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 $19.8 billion and is part of the financial sector. The company has a P/E ratio of 59.8, above the S&P 500 P/E ratio of 17.7. Shares are down 2.0% 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 11 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 increase in net income, revenue growth and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. Get the full Equity Residential Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.