Summary: Equity Residential is a prominent apartment REIT company with a strong focus on running luxury apartment properties in urban and suburban locations. To buy Equity Residential stock, investors can open an account at a regulated online stock trading platform, such as eToro.
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About Equity Residential
Equity Apartments (NYSE: EQR) is one of the largest publicly traded real estate investment trusts (REIT) in the US, with a strong presence in most major REIT markets. However, the company’s main focus is on luxury apartment properties in urban and suburban locations. Its portfolio features over 300 properties and over 80,000 apartment units.
How to buy Equity Residential stock: Step-by-step
Equity Residential is listed on the New York Stock Exchange (NYSE) under the ticker symbol EQR, and it is an S&P 500 component as well.
To buy Equity Residential stock, you can take the following simple steps:
Step 1: Choose a broker
To buy Equity Residential stock, you will have to register an account with a reputable online stock brokerage.
Our recommended brokerage for Equity Residential and other apartment REITs stocks is eToro, a well-regulated multi-asset platform featuring:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
If you wish to explore other platforms, consider factors such as:
- Fees and costs: Be sure to consider commissions and other fees, as well as hidden charges that may apply. Note, though, that while low fees are important, they are not the only important factor;
- Accessibility: Look for a user-friendly platform;
- Asset availability: Make sure the broker lists the EQR stock;
- Safety and regulation: Make sure the broker is regulated by a reputable financial authority. Moreover, make sure it takes cybersecurity seriously.
Step 2: Register and fund your account
When you find your broker, you can proceed with registering an account by providing some personal and banking info and confirming your identity. When your account is approved, you can choose a preferred payment method and make an initial deposit. You will most likely have several payment options at your disposal, such as:
- Bank account transfers.
- Wire transfers.
- Third-party payment systems like PayPal.
- Transfers from other accounts.
Step 3: Place an order
Finally, you can start placing orders. To do that:
- Locate the EQR stock on your broker’s platform;
- Choose your order type (market for an immediate purchase or limit if you want to set a specific price at which you wish to buy the stock);
- Enter the number of shares you intend to buy or specify the dollar amount;
- Review all details again and confirm the order.
Step 4: Monitor your investment
When you invest in stocks, it is important that you keep reviewing their performance. In other words, you should follow the performance of Equity Residential and monitor market developments to stay flexible and able to adjust your investing strategy more quickly. For starters, make sure you follow news pertinent to dividend distribution, read financial reports, stay up-to-date with any developments in the company’s management team, etc.
Note
1. How to buy AvalonBay Communities stock;
2. How to buy Essex Property Trust stock;
3. How to buy Park Hotels & Resorts stock;
4. How to buy Mid-America Apartment Communities stock.
Equity Residential stock price today
Pros and cons of investing in Equity Residential stock
Pros
- Equity Residential enjoys a solid market presence: EQR is one of the largest and most profitable REITs in the market;
- Ease of management: REIT properties are managed by experienced professionals, which saves you the time and effort required for property management;
- Dividends: REITs are required by law to distribute at least 90% of their taxable income to shareholders;
- Diversification: Investing in EQR gives you access to a diverse portfolio of properties, which would be expensive to invest in individually.
Cons
- Tax considerations: Depending on their location, some investors may find the tax implications of REIT investments less favorable;
- Limited control: When you invest in REITs, you have a limited say in property acquisitions, sales, and financing;
- Market risk: REIT stock prices are influenced by market sentiment and economic conditions. Moreover, the REIT market can be influenced by factors such as regional economic conditions, housing supply and demand, and regulatory changes.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Equity Residential stock
Where is the EQR stock traded?
The EQR stock is traded on the New York Stock Exchange (NYSE).
How to buy Equity Residential stock?
To buy EQR stock, you can register an account with a reputable online stock trading broker, such as eToro.
Does Equity Residential pay dividends?
Yes, Equity Residential does pay dividends.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
