What is Wedbush's Estimate for EQR Q2 Earnings?

Equity Residential (NYSE:EQR - Free Report) - Stock analysts at Wedbush issued their Q2 2025 earnings estimates for Equity Residential in a research report issued to clients and investors on Monday, May 5th. Wedbush analyst R. Anderson anticipates that the real estate investment trust will earn $0.98 per share for the quarter. The consensus estimate for Equity Residential's current full-year earnings is $3.98 per share. Wedbush also issued estimates for Equity Residential's Q3 2025 earnings at $1.02 EPS, Q4 2025 earnings at $1.04 EPS and FY2026 earnings at $4.20 EPS.

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 EPS for the quarter, beating the consensus estimate of $0.93 by $0.02. Equity Residential had a return on equity of 9.27% and a net margin of 34.76%. The firm had revenue of $760.81 million during the quarter, compared to analysts' expectations of $769.43 million. During the same quarter in the prior year, the firm posted $0.93 EPS. The company's revenue for the quarter was up 4.1% on a year-over-year basis.

A number of other equities analysts have also recently issued reports on the stock. Royal Bank of Canada increased their price objective on shares of Equity Residential from $75.00 to $76.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Scotiabank increased their price target on shares of Equity Residential from $78.00 to $79.00 and gave the stock a "sector perform" rating in a research report on Friday, February 14th. Evercore ISI lifted their price objective on Equity Residential from $74.00 to $76.00 and gave the company an "in-line" rating in a report on Monday, February 10th. StockNews.com raised Equity Residential from a "sell" rating to a "hold" rating in a report on Saturday, February 8th. Finally, Barclays boosted their price target on Equity Residential from $79.00 to $83.00 and gave the company an "overweight" rating in a research note on Friday. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, Equity Residential currently has an average rating of "Hold" and a consensus target price of $78.94.

Equity Residential Stock Performance

EQR stock traded up $0.25 during midday trading on Tuesday, hitting $69.93. The stock had a trading volume of 1,134,969 shares, compared to its average volume of 1,704,557. Equity Residential has a 52 week low of $59.41 and a 52 week high of $78.84. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.72. The stock has a 50-day simple moving average of $69.08 and a 200 day simple moving average of $71.05. The firm has a market capitalization of $26.57 billion, a price-to-earnings ratio of 25.71, a P/E/G ratio of 3.99 and a beta of 0.89.

Institutional Trading of Equity Residential

Several hedge funds have recently modified their holdings of the stock. Norges Bank bought a new stake in shares of Equity Residential during the fourth quarter worth $2,493,426,000. Northern Trust Corp lifted its position in Equity Residential by 53.1% during the 4th quarter. Northern Trust Corp now owns 6,476,004 shares of the real estate investment trust's stock valued at $464,718,000 after purchasing an additional 2,246,555 shares during the period. Invesco Ltd. grew its position in shares of Equity Residential by 12.0% during the 4th quarter. Invesco Ltd. now owns 6,522,442 shares of the real estate investment trust's stock worth $468,050,000 after buying an additional 696,343 shares during the period. Adelante Capital Management LLC raised its stake in shares of Equity Residential by 172.1% during the fourth quarter. Adelante Capital Management LLC now owns 1,077,337 shares of the real estate investment trust's stock worth $77,310,000 after buying an additional 681,356 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in Equity Residential by 8.3% in the third quarter. Principal Financial Group Inc. now owns 7,745,615 shares of the real estate investment trust's stock valued at $576,737,000 after buying an additional 591,866 shares during the period. 92.68% of the stock is owned by institutional investors.

Equity Residential Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were paid a $0.6925 dividend. The ex-dividend date was Monday, March 31st. This is an increase from Equity Residential's previous quarterly dividend of $0.68. This represents a $2.77 dividend on an annualized basis and a dividend yield of 3.96%. Equity Residential's payout ratio is currently 105.73%.

About Equity Residential

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.