Robert Garechana - Equity Residential Chief Financial Officer, Executive Vice President

EQR Stock  USD 75.79  0.74  0.99%   

President

Mr. Robert A. Garechana is Chief Financial Officer, Executive Vice President of the Company since September 2018. Mr. Garechana served as Senior Vice President of the Company from December 2012 to September 2018 and Treasurer of the Company from January 2008 to September 2018 and has held various positions within the Companys finance group since November 2004 since 2018.
Age 45
Tenure 6 years
Address Two North Riverside Plaza, Chicago, IL, United States, 60606-2624
Phone312 474 1300
Webhttps://www.equityapartments.com

Latest Insider Transactions

2024-06-24Disposed of 6357 shares @ 69.08View
2024-02-13Disposed of 876 shares @ 57.8View
Garechana received a B.B.A. from The University of Texas at Austin.

Robert Garechana Latest Insider Activity

Tracking and analyzing the buying and selling activities of Robert Garechana against Equity Residential stock is an integral part of due diligence when investing in Equity Residential. Robert Garechana insider activity provides valuable insight into whether Equity Residential is net buyers or sellers over its current business cycle. Note, Equity Residential insiders must abide by specific rules, including filing SEC forms every time they buy or sell Equity Residential'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Equity Residential Management Efficiency

The company has Return on Asset of 0.0273 % which means that on every $100 spent on assets, it made $0.0273 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0836 %, implying that it generated $0.0836 on every 100 dollars invested. Equity Residential's management efficiency ratios could be used to measure how well Equity Residential manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Equity is likely to grow to 0.08, while Return On Tangible Assets are likely to drop 0.03. At this time, Equity Residential's Other Assets are relatively stable compared to the past year. As of 11/22/2024, Intangible Assets is likely to grow to about 200.7 M, while Non Current Assets Total are likely to drop slightly above 434.4 M.
Equity Residential has 7.7 B in debt with debt to equity (D/E) ratio of 0.67, which is OK given its current industry classification. Equity Residential has a current ratio of 0.25, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Equity to invest in growth at high rates of return.

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Equity Residential is committed to creating communities where people thrive. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver. Equity Residential operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 2400 people. Equity Residential (EQR) is traded on New York Stock Exchange in USA. It is located in Two North Riverside Plaza, Chicago, IL, United States, 60606-2624 and employs 2,400 people. Equity Residential is listed under Multi-Family Residential REITs category by Fama And French industry classification.

Management Performance

Equity Residential Leadership Team

Elected by the shareholders, the Equity Residential's board of directors comprises two types of representatives: Equity Residential inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Equity. The board's role is to monitor Equity Residential's management team and ensure that shareholders' interests are well served. Equity Residential's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Equity Residential's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Manelis, Chief Operating Officer, Executive Vice President
Scott Fenster, Executive Vice President, General Counsel, Corporate Secretary
Tahsinul Huque, Independent Trustee
Alan George, Executive Vice President, Chief Investment Officer
Barry Altshuler, Executive Vice President - Investments
Stephen Sterrett, Lead Independent Director
Samuel JD, Founder Chairman
Christa Sorenson, Executive Vice President of Human Resources
Raymond Bennett, Independent Trustee
John Neal, Independent Trustee
Samuel Zell, Chairman of the Board of Trustees
Charles Atwood, Lead Independent Trustee
Bradley Keywell, Independent Trustee
Linda Bynoe, Independent Trustee
Martin McKenna, First Relations
John Lennox, Senior Analysis
Mark JD, CEO President
Mary Haben, Independent Trustee
Angela Aman, Independent Director
Robert Garechana, Chief Financial Officer, Executive Vice President
Alexander Brackenridge, Executive Vice President, Chief Investment Officer
Scott JD, General VP
Catherine Carraway, Chief Human Resource Officer, Executive Vice President
David Neithercut, CEO and President Trustee and Member of Executive Committee
Connie Duckworth, Independent Trustee
Ian Kaufman, Senior Officer
Mark Shapiro, Independent Trustee
Mark Parrell, President, Chief Executive Officer, Trustee

Equity Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Equity Residential a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Equity Residential

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equity Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equity Residential will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Equity Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equity Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equity Residential to buy it.
The correlation of Equity Residential is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equity Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equity Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Equity Stock Analysis

When running Equity Residential's price analysis, check to measure Equity Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.