Q1 Earnings Estimate for EQR Issued By Wedbush

Equity Residential (NYSE:EQR - Free Report) - Equities researchers at Wedbush issued their Q1 2026 earnings per share (EPS) estimates for shares of Equity Residential in a research report issued to clients and investors on Wednesday, May 28th. Wedbush analyst R. Anderson forecasts that the real estate investment trust will post earnings per share of $1.03 for the quarter. Wedbush currently has a "Neutral" rating and a $75.00 target price on the stock. The consensus estimate for Equity Residential's current full-year earnings is $3.98 per share. Wedbush also issued estimates for Equity Residential's Q2 2026 earnings at $1.04 EPS, Q3 2026 earnings at $1.06 EPS and Q4 2026 earnings at $1.07 EPS.

A number of other brokerages also recently weighed in on EQR. Barclays raised their price objective on Equity Residential from $79.00 to $83.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. Stifel Nicolaus dropped their price target on Equity Residential from $82.25 to $80.00 and set a "buy" rating on the stock in a research report on Wednesday, April 30th. Truist Financial lifted their price target on Equity Residential from $76.00 to $78.00 and gave the stock a "buy" rating in a research report on Monday, March 10th. Wall Street Zen raised Equity Residential from a "sell" rating to a "hold" rating in a research report on Saturday, February 8th. Finally, Mizuho dropped their price target on Equity Residential from $76.00 to $71.00 and set a "neutral" rating on the stock in a research report on Friday, May 23rd. Nine research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Equity Residential currently has an average rating of "Hold" and a consensus price target of $79.50.

Equity Residential Stock Performance

Shares of EQR stock traded up $0.10 during trading on Thursday, reaching $70.08. The company had a trading volume of 3,122,806 shares, compared to its average volume of 1,734,452. The firm's 50 day simple moving average is $68.77 and its two-hundred day simple moving average is $70.68. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.36 and a quick ratio of 0.36. Equity Residential has a one year low of $59.41 and a one year high of $78.84. The company has a market capitalization of $26.63 billion, a PE ratio of 25.76, a PEG ratio of 3.99 and a beta of 0.89.

Equity Residential (NYSE:EQR - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The real estate investment trust reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.02. Equity Residential had a return on equity of 9.27% and a net margin of 34.76%. The company had revenue of $760.81 million during the quarter, compared to the consensus estimate of $769.43 million. During the same period last year, the business earned $0.93 EPS. The business's quarterly revenue was up 4.1% on a year-over-year basis.

Institutional Trading of Equity Residential

Institutional investors have recently modified their holdings of the company. Strs Ohio acquired a new stake in Equity Residential in the 1st quarter valued at $17,701,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Equity Residential by 4.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,696,175 shares of the real estate investment trust's stock valued at $336,152,000 after buying an additional 198,344 shares in the last quarter. Empowered Funds LLC boosted its stake in Equity Residential by 3.1% in the 1st quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust's stock valued at $536,000 after buying an additional 226 shares in the last quarter. MBB Public Markets I LLC acquired a new stake in Equity Residential in the 1st quarter valued at $316,000. Finally, United Services Automobile Association acquired a new stake in Equity Residential in the 1st quarter valued at $550,000. Institutional investors and hedge funds own 92.68% of the company's stock.

Equity Residential Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were issued a dividend of $0.6925 per share. This represents a $2.77 annualized dividend and a dividend yield of 3.95%. The ex-dividend date was Monday, March 31st. This is a positive change from Equity Residential's previous quarterly dividend of $0.68. Equity Residential's dividend payout ratio (DPR) is presently 105.73%.

Equity Residential Company Profile

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.