Equity Residential (EQR): Today's Featured Financial 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 Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 0.2%. By the end of trading, Equity Residential fell $0.69 (-1.3%) to $52.45 on average volume. Throughout the day, 2,731,768 shares of Equity Residential exchanged hands as compared to its average daily volume of 1,946,400 shares. The stock ranged in price between $52.44-$53.50 after having opened the day at $52.99 as compared to the previous trading day's close of $53.14. Other companies within the Financial sector that declined today were: Supertel Hospitality ( SPPR), down 30.0%, Cash Store Financial Services ( CSFS), down 18.9%, AmTrust Financial Services ( AFSI), down 12.1% and VelocityShares 3x Long Silver ETN linked to ( USLV), down 11.9%.

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 real estate industry. The company has a P/E ratio of 415.4, above the S&P 500 P/E ratio of 17.7. Shares are down 4.7% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Equity Residential a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Equity Residential as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself.

On the positive front, Impac Mortgage Holdings ( IMH), up 18.0%, China HGS Real Estate ( HGSH), up 12.5%, VelocityShares 3x Inverse Silver ETN S&P GS ( DSLV), up 11.3% and Gaming and Leisure Properties ( GLPI), up 9.9% , were all gainers within the financial sector with Regions Financial Corporation ( RF) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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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