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 up 0.1%. By the end of trading, Equity Residential fell $0.74 (-1.4%) to $53.47 on light volume. Throughout the day, 1,412,814 shares of Equity Residential exchanged hands as compared to its average daily volume of 2,352,900 shares. The stock ranged in price between $53.01-$54.10 after having opened the day at $54.01 as compared to the previous trading day's close of $54.21. Other companies within the Real Estate industry that declined today were: Owens Realty Mortgage ( ORM), down 5.6%, ZipRealty ( ZIPR), down 5.1%, Doral Financial ( DRL), down 3.8% and DCT Industrial ( DCT), down 2.5%.

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 $19.5 billion and is part of the financial sector. Shares are down 4.3% year to date as of the close of trading on Friday. 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 and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins.

On the positive front, E-House China Holdings ( EJ), up 29.3%, Elbit Imaging ( EMITF), up 7.5%, American Realty Investors ( ARL), up 6.4% and Ellington Residential Mortgage REIT ( EARN), up 6.2% , were all gainers within the real estate industry with ARMOUR Residential REIT ( ARR) being today's featured real estate industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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