NYSE:EQR Equity Residential (EQR) Stock Price, News & Analysis → AI Cracks Open Largest Untapped Energy Reserve on Earth (From Banyan Hill Publishing) (Ad) Free EQR Stock Alerts $62.37 -0.66 (-1.05%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$62.25▼$63.3650-Day Range$58.13▼$63.4052-Week Range$52.57▼$69.45Volume1.73 million shsAverage Volume2.20 million shsMarket Capitalization$23.67 billionP/E Ratio28.35Dividend Yield4.25%Price Target$65.68 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Equity Residential alerts: Email Address Equity Residential MarketRank™ Stock AnalysisAnalyst RatingHold2.29 Rating ScoreUpside/Downside5.3% Upside$65.68 Price TargetShort InterestHealthy1.37% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.23Upright™ Environmental ScoreNews Sentiment1.11Based on 20 Articles This WeekInsider TradingSelling Shares$192,335 Sold Last QuarterProj. Earnings Growth4.21%From $3.80 to $3.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.65 out of 5 starsFinance Sector114th out of 881 stocksReal Estate Investment Trusts Industry21st out of 180 stocks 2.1 Analyst's Opinion Consensus RatingEquity Residential has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 4 buy ratings, 10 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.68, Equity Residential has a forecasted upside of 5.3% from its current price of $62.37.Amount of Analyst CoverageEquity Residential has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.37% of the float of Equity Residential has been sold short.Short Interest Ratio / Days to CoverEquity Residential has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Equity Residential has recently decreased by 12.99%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipEquity Residential is a leading dividend payer. It pays a dividend yield of 4.25%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEquity Residential has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Equity Residential is 120.45%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Equity Residential will have a dividend payout ratio of 66.92% next year. This indicates that Equity Residential will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEquity Residential has received a 23.62% net impact score from Upright. Equity Residential seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is false driven by its "Real estate funds investing in rental apartments" and "Real estate development services of apartment buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for Equity Residential is -2.23. Previous Next 3.4 News and Social Media Coverage News SentimentEquity Residential has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Equity Residential this week, compared to 7 articles on an average week.Search InterestOnly 8 people have searched for EQR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows11 people have added Equity Residential to their MarketBeat watchlist in the last 30 days. This is an increase of 450% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Equity Residential insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $192,335.00 in company stock.Percentage Held by InsidersOnly 1.69% of the stock of Equity Residential is held by insiders.Percentage Held by Institutions84.79% of the stock of Equity Residential is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Equity Residential are expected to grow by 4.21% in the coming year, from $3.80 to $3.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equity Residential is 28.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 156.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 28.35, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.57.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 3.67. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEquity Residential has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaLike Tiny Crypto Retirement FundsThe crypto bull market is about to blast off. Bitcoin and Ethereum are surging. But so are tiny altcoins that could be so profitable… They're like tiny crypto retirement funds. Click here and see how to get a copy. About Equity Residential Stock (NYSE:EQR)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, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin.Read More EQR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EQR Stock News HeadlinesMarch 11, 2024 | marketbeat.comThis Industrial Products Stock is Goldman’s Favorite This Cycle (EQR)This steel stock is about to see double-digit pops on the back of a residential boom. Goldman analysts see Mueller Water stock as a top pick this cycleMarch 6, 2024 | marketbeat.com3 wealth-compounding stocks to beat the market this decadeConsider the following wealth-compounding stocks to invest in: Equity Residential, Hershey and Ulta Beauty. Learn more with MarketBeat.March 19, 2024 | Colonial Metals (Ad)Central Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.February 28, 2024 | marketbeat.com3 wealth-compounding stocks to beat the market this decadeBecause the Federal Reserve (the Fed) has announced potential interest rate cuts for this year, an expectation priced in for March is now being pushed as far back as May or June, according to the FedWatch tool at the CME Group Inc. NASDAQ: CME. A rising level of uncertainty may push the fundamentals of stocks to be the primary concern when selecting future investments.March 19, 2024 | americanbankingnews.comEquity Residential (NYSE:EQR) Upgraded to "Market Perform" at Raymond JamesMarch 18, 2024 | markets.businessinsider.comUnveiling 6 Analyst Insights On Equity ResidentialMarch 16, 2024 | finance.yahoo.com20 Countries with Most Personal SpaceMarch 16, 2024 | finance.yahoo.comEQR Nov 2024 50.000 putMarch 19, 2024 | Colonial Metals (Ad)Central Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.March 16, 2024 | finance.yahoo.comEQR Apr 2024 60.000 callMarch 16, 2024 | finance.yahoo.comEQR Oct 2024 60.000 putMarch 16, 2024 | ca.finance.yahoo.comEQR Oct 2024 80.000 callMarch 14, 2024 | businesswire.comEquity Residential Declares First Quarter DividendsMarch 14, 2024 | americanbankingnews.comEquity Residential (NYSE:EQR) Receives Average Recommendation of "Hold" from AnalystsMarch 12, 2024 | investorplace.com3 Real Estate Stocks to Buy as Hedge Funds Pile inMarch 10, 2024 | seekingalpha.comEquity Residential: Buy Into Fed's Rate CutsMarch 6, 2024 | nasdaq.comEquity Residential (EQR) Shares Cross Above 200 DMAFebruary 29, 2024 | businesswire.comEquity Residential to Participate in 2024 Citi Global Property CEO ConferenceFebruary 29, 2024 | investorplace.comThe Steady Eddies: 3 Dividend Stocks for a Decade of Dependable GrowthFebruary 24, 2024 | morningstar.comEquity Residential EQRFebruary 23, 2024 | benzinga.comEquity Residential Stock (NYSE:EQR) Insider TradesFebruary 20, 2024 | finance.yahoo.com15 Poorest Cities in the US that are Actually Growing FastFebruary 20, 2024 | benzinga.comAnalyst Scoreboard: 4 Ratings For Equity ResidentialFebruary 19, 2024 | finance.yahoo.comEQR Mar 2024 62.500 putFebruary 17, 2024 | finance.yahoo.comEQR Mar 2024 50.000 putFebruary 17, 2024 | msn.comA New Cause for Concern: Equity Residential Adds a New Debt & Financing RiskFebruary 16, 2024 | edition.cnn.comEquity ResidentialSee More Headlines Receive EQR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Equity Residential and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 1/12 Dividend12/29/2023Dividend Payable1/12/2024Last Earnings1/30/2024Today3/18/2024Ex-Dividend for 4/12 Dividend3/22/2024Dividend Payable4/12/2024Next Earnings (Estimated)4/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryResidential REITs Current SymbolNYSE:EQR CUSIP29476L10 CIK906107 Webwww.eqr.com Phone(312) 474-1300Fax312-454-8703Employees2,400Year Founded1967Price Target and Rating Average Stock Price Target$65.68 High Stock Price Target$77.00 Low Stock Price Target$57.00 Potential Upside/Downside+5.3%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$2.20 Trailing P/E Ratio28.35 Forward P/E Ratio16.41 P/E Growth3.67Net Income$835.44 million Net Margins29.07% Pretax Margin30.45% Return on Equity7.43% Return on Assets4.16% Debt Debt-to-Equity Ratio0.66 Current Ratio0.30 Quick Ratio0.30 Sales & Book Value Annual Sales$2.87 billion Price / Sales8.24 Cash Flow$4.62 per share Price / Cash Flow13.51 Book Value$29.63 per share Price / Book2.10Miscellaneous Outstanding Shares379,550,000Free Float373,140,000Market Cap$23.67 billion OptionableOptionable Beta0.84 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for March 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Mark J. Parrell (Age 57)President, CEO & Trustee Comp: $4.02MMr. Robert A. Garechana (Age 45)Executive VP & CFO Comp: $1.73MMr. Michael L. Manelis (Age 55)Executive VP & COO Comp: $1.88MMr. Alexander Brackenridge (Age 60)Executive VP & Chief Investment Officer Comp: $1.74MMr. Scott J. Fenster J.D. (Age 48)Executive VP, General Counsel & Corporate Secretary Comp: $1.33MMr. Ian S. Kaufman (Age 56)Senior VP & Chief Accounting Officer Mr. Martin J. McKennaFirst Vice President of Investor & Public RelationsMs. Catherine M. Carraway (Age 63)Executive VP & Chief Human Resources Officer Mr. John G. Lennox (Age 70)Senior Vice President of Financial Planning & Analysis Mr. Barry S. Altshuler (Age 65)Executive Vice President of Investments More ExecutivesKey CompetitorsAvalonBay CommunitiesNYSE:AVBSun CommunitiesNYSE:SUIEssex Property TrustNYSE:ESSMid-America Apartment CommunitiesNYSE:MAAEquity LifeStyle PropertiesNYSE:ELSView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 455,656 shares on 3/11/2024Ownership: 15.002%Wellington Management Group LLPSold 18,969 shares on 3/5/2024Ownership: 0.012%Goldman Sachs Group Inc.Sold 417,663 shares on 3/1/2024Ownership: 0.367%Royal London Asset Management Ltd.Bought 20,010 shares on 3/1/2024Ownership: 0.044%American International Group Inc.Sold 667 shares on 2/28/2024Ownership: 0.024%View All Insider TransactionsView All Institutional Transactions Should I Buy Equity Residential Stock? EQR Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Equity Residential was last updated on Sunday, March 17, 2024 at 11:47 PM. Pros Here are some ways that investors could benefit from investing in Equity Residential: Equity Residential is focused on acquiring, developing, and managing residential properties in dynamic cities attracting affluent long-term renters, providing a stable income stream. The company has a significant presence in major cities like Boston, New York, and San Francisco, offering exposure to high-demand rental markets. Equity Residential is a member of the S&P 500, indicating its stability and potential for long-term growth. With an expanding presence in cities like Denver and Atlanta, there is room for growth and diversification in the company's property portfolio. Recent stock price movements indicate potential value opportunities for investors looking to enter the market at favorable levels. Cons Investors should be bearish about investing in Equity Residential for these reasons: Real estate investment trusts (REITs) like Equity Residential are subject to interest rate risks, impacting their borrowing costs and profitability. The residential real estate market can be sensitive to economic downturns, affecting occupancy rates and rental income for the company. Regulatory changes in the real estate sector could impact the company's operations and profitability. Competition in the rental market from other REITs and property management companies may limit Equity Residential's growth potential. Market volatility and macroeconomic factors can influence the performance of real estate investments, including those held by Equity Residential. EQR Stock Analysis - Frequently Asked Questions Should I buy or sell Equity Residential stock right now? 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 10 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EQR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EQR, but not buy additional shares or sell existing shares. View EQR analyst ratings or view top-rated stocks. What is Equity Residential's stock price target for 2024? 14 equities research analysts have issued 12 month price objectives for Equity Residential's stock. Their EQR share price targets range from $57.00 to $77.00. On average, they expect the company's share price to reach $65.68 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View analysts price targets for EQR or view top-rated stocks among Wall Street analysts. How have EQR shares performed in 2024? Equity Residential's stock was trading at $61.16 at the start of the year. Since then, EQR shares have increased by 2.0% and is now trading at $62.37. View the best growth stocks for 2024 here. Are investors shorting Equity Residential? Equity Residential saw a drop in short interest during the month of February. As of February 29th, there was short interest totaling 5,090,000 shares, a drop of 13.0% from the February 14th total of 5,850,000 shares. Based on an average trading volume of 2,250,000 shares, the short-interest ratio is currently 2.3 days. Approximately 1.4% of the company's shares are sold short. View Equity Residential's Short Interest. When is Equity Residential's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our EQR earnings forecast. How were Equity Residential's earnings last quarter? Equity Residential (NYSE:EQR) issued its quarterly earnings data on Tuesday, January, 30th. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by $0.18. The real estate investment trust earned $727.50 million during the quarter, compared to analysts' expectations of $725.07 million. Equity Residential had a trailing twelve-month return on equity of 7.43% and a net margin of 29.07%. The company's quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.94 EPS. Read the conference call transcript. How often does Equity Residential pay dividends? What is the dividend yield for Equity Residential? Equity Residential announced a quarterly dividend on Thursday, March 14th. Investors of record on Monday, March 25th will be given a dividend of $0.675 per share on Friday, April 12th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 4.33%. The ex-dividend date of this dividend is Friday, March 22nd. This is a positive change from the stock's previous quarterly dividend of $0.66. Read our dividend analysis for EQR. Is Equity Residential a good dividend stock? Equity Residential (NYSE:EQR) pays an annual dividend of $2.65 per share and currently has a dividend yield of 4.25%. EQR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 120.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EQR will have a dividend payout ratio of 66.92% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for EQR. What ETFs hold Equity Residential's stock? ETFs with the largest weight of Equity Residential (NYSE:EQR) stock in their portfolio include ETFB Green SRI REITs ETF (RITA), Kelly Residential & Apartment Real Estate ETF (RESI), iShares Residential and Multisector Real Estate ETF (REZ), Residential REIT ETF (HAUS), Nuveen Short-Term REIT ETF (NURE), ALPS Active REIT ETF (REIT), SP Funds S&P Global REIT Sharia ETF (SPRE) and FlexShares Global Quality Real Estate Index Fund (GQRE). What guidance has Equity Residential issued on next quarter's earnings? Equity Residential updated its first quarter 2024 earnings guidance on Tuesday, January, 30th. The company provided EPS guidance of 0.880-0.920 for the period, compared to the consensus earnings per share estimate of 0.910. The company issued revenue guidance of -. What is Mark Parrell's approval rating as Equity Residential's CEO? 88 employees have rated Equity Residential Chief Executive Officer Mark Parrell on Glassdoor.com. Mark Parrell has an approval rating of 90% among the company's employees. What other stocks do shareholders of Equity Residential own? Based on aggregate information from My MarketBeat watchlists, some companies that other Equity Residential investors own include Cisco Systems (CSCO), AT&T (T), Intel (INTC), Bank of America (BAC), NVIDIA (NVDA), AbbVie (ABBV), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Simon Property Group (SPG) and American Tower (AMT). Who are Equity Residential's major shareholders? Equity Residential's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.99%), Vanguard Group Inc. (15.00%), Norges Bank (9.23%), Price T Rowe Associates Inc. MD (5.24%), APG Asset Management US Inc. (3.05%) and First Eagle Investment Management LLC (2.46%). Insiders that own company stock include Bradley A Keywell, Catherine Carraway, Christa L Sorenson, Christa L Sorenson, David J Neithercut, Ian Kaufman, Linda Bynoe, Mark S Shapiro, Mary Kay Haben, Michael L Manelis, Michael L Manelis, Robert Garechana and Scott Fenster. View institutional ownership trends. How do I buy shares of Equity Residential? Shares of EQR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:EQR) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Equity Residential Please log in to your account or sign up in order to add this asset to your watchlist. 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