Zacks Research Issues Pessimistic Outlook for EQR Earnings

Equity Residential (NYSE:EQR - Free Report) - Investment analysts at Zacks Research cut their Q3 2025 earnings estimates for Equity Residential in a research report issued on Tuesday, May 20th. Zacks Research analyst R. Department now expects that the real estate investment trust will earn $1.00 per share for the quarter, down from their prior forecast of $1.02. The consensus estimate for Equity Residential's current full-year earnings is $3.98 per share. Zacks Research also issued estimates for Equity Residential's Q2 2026 earnings at $1.03 EPS, Q1 2027 earnings at $1.04 EPS and FY2027 earnings at $4.34 EPS.

Equity Residential (NYSE:EQR - Get Free Report) last announced its quarterly earnings data 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 net margin of 34.76% and a return on equity of 9.27%. The company had revenue of $760.81 million during the quarter, compared to analyst estimates of $769.43 million. During the same period in the previous year, the business earned $0.93 EPS. The firm's revenue for the quarter was up 4.1% on a year-over-year basis.

A number of other brokerages also recently issued reports on EQR. StockNews.com raised shares of Equity Residential from a "sell" rating to a "hold" rating in a report on Saturday, February 8th. Truist Financial raised their target price on shares of Equity Residential from $76.00 to $78.00 and gave the stock a "buy" rating in a report on Monday, March 10th. Evercore ISI lifted their target price on shares of Equity Residential from $74.00 to $76.00 and gave the stock an "in-line" rating in a research report on Monday, February 10th. Scotiabank boosted their target price on shares of Equity Residential from $79.00 to $82.00 and gave the company a "sector perform" rating in a research note on Monday, May 12th. Finally, Barclays raised their price target on Equity Residential from $79.00 to $83.00 and gave the stock an "overweight" rating in a research note on Friday, May 9th. Nine analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, Equity Residential presently has an average rating of "Hold" and a consensus target price of $79.69.

Equity Residential Price Performance

NYSE EQR opened at $68.95 on Thursday. Equity Residential has a one year low of $59.41 and a one year high of $78.84. The stock has a 50-day moving average of $68.98 and a 200 day moving average of $70.84. The company has a market capitalization of $26.20 billion, a price-to-earnings ratio of 25.35, a PEG ratio of 3.99 and a beta of 0.89. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.36 and a current ratio of 0.36.

Equity Residential Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were paid a dividend of $0.6925 per share. The ex-dividend date of this dividend 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 4.02%. Equity Residential's payout ratio is 105.73%.

Institutional Investors Weigh In On Equity Residential

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EQR. Keybank National Association OH increased its stake in shares of Equity Residential by 2.0% in the fourth quarter. Keybank National Association OH now owns 7,001 shares of the real estate investment trust's stock worth $502,000 after purchasing an additional 139 shares in the last quarter. Transamerica Financial Advisors Inc. boosted its holdings in Equity Residential by 4.1% in the 4th quarter. Transamerica Financial Advisors Inc. now owns 3,827 shares of the real estate investment trust's stock worth $275,000 after buying an additional 151 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Equity Residential by 38.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 558 shares of the real estate investment trust's stock worth $40,000 after buying an additional 156 shares during the period. Versant Capital Management Inc increased its stake in Equity Residential by 51.6% in the 1st quarter. Versant Capital Management Inc now owns 461 shares of the real estate investment trust's stock worth $33,000 after buying an additional 157 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in Equity Residential by 27.6% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 740 shares of the real estate investment trust's stock worth $53,000 after buying an additional 160 shares in the last quarter. Institutional investors own 92.68% of the company's stock.

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.

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