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S&P 500   5,088.80
DOW   39,131.53
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How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
It's Called "the Singularity" (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
It's Called "the Singularity" (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
It's Called "the Singularity" (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
It's Called "the Singularity" (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
It's Called "the Singularity" (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
It's Called "the Singularity" (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
NYSE:EQR

Equity Residential (EQR) Stock Price, News & Analysis

$60.20
-0.24 (-0.40%)
(As of 02/23/2024 08:53 PM ET)
Today's Range
$60.10
$60.67
50-Day Range
$58.13
$62.51
52-Week Range
$52.57
$69.45
Volume
1.41 million shs
Average Volume
2.24 million shs
Market Capitalization
$22.85 billion
P/E Ratio
27.36
Dividend Yield
4.40%
Price Target
$66.04

Equity Residential MarketRank™ Stock Analysis

Analyst Rating
Hold
2.21 Rating Score
Upside/​Downside
9.7% Upside
$66.04 Price Target
Short Interest
Healthy
1.40% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.23
Upright™ Environmental Score
News Sentiment
0.27mentions of Equity Residential in the last 14 days
Based on 24 Articles This Week
Insider Trading
Selling Shares
$1.65 M Sold Last Quarter
Proj. Earnings Growth
4.20%
From $3.81 to $3.97 Per Share

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.

4.37 out of 5 stars

Finance Sector

179th out of 842 stocks

Real Estate Investment Trusts Industry

42nd out of 177 stocks


EQR stock logo

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.

EQR Stock Price History

EQR Stock News Headlines

The truth behind Williams-Sonoma stock drop (EQR)
You should read this if a 6.6% sell-off in Williams-Sonoma caught you by surprise this week, here's why traders are selling the news and others buying the rumor
Equity Residential EQR
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move
He started from nothing and became a multimillionaire...He's now one of the most sought-after trading experts...Yet he operates 858 miles from Wall Street.And now, he's revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.
Equity Residential Stock (NYSE:EQR) Insider Trades
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move
He started from nothing and became a multimillionaire...He's now one of the most sought-after trading experts...Yet he operates 858 miles from Wall Street.And now, he's revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.
15 Poorest Cities in the US that are Actually Growing Fast
EQR Mar 2024 62.500 put
EQR Mar 2024 50.000 put
Equity Residential
Equity Residential: Strong yield adding to total return
The Analyst Landscape: 5 Takes On Equity Residential
Q4 2023 Equity Residential Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 1/12 Dividend
12/29/2023
Dividend Payable
1/12/2024
Last Earnings
1/30/2024
Today
2/26/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Residential REITs
CUSIP
29476L10
Employees
2,400
Year Founded
1967

Price Target and Rating

Average Stock Price Target
$66.04
High Stock Price Target
$77.00
Low Stock Price Target
$57.00
Potential Upside/Downside
+9.7%
Consensus Rating
Hold
Rating Score (0-4)
2.21
Research Coverage
14 Analysts

Profitability

Net Income
$835.44 million
Pretax Margin
30.45%

Debt

Sales & Book Value

Annual Sales
$2.87 billion
Cash Flow
$4.62 per share
Book Value
$29.65 per share

Miscellaneous

Free Float
373,140,000
Market Cap
$22.85 billion
Optionable
Optionable
Beta
0.84

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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 Tuesday, February 20, 2024 at 11:02 AM.














EQR Stock Analysis - Frequently Asked Questions

Should I buy or sell Equity Residential stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 1 year price objectives for Equity Residential's stock. Their EQR share price targets range from $57.00 to $77.00. On average, they predict the company's share price to reach $66.04 in the next twelve months. This suggests a possible upside of 9.7% 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 on January 1st, 2024. Since then, EQR shares have decreased by 1.6% and is now trading at $60.20.
View the best growth stocks for 2024 here
.

Are investors shorting Equity Residential?

Equity Residential saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 5,300,000 shares, an increase of 10.9% from the December 31st total of 4,780,000 shares. Based on an average daily volume of 2,320,000 shares, the short-interest ratio is presently 2.3 days. Currently, 1.4% of the company's shares are short sold.
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) announced its quarterly earnings results on Tuesday, January, 30th. The real estate investment trust reported $0.82 earnings per share for the quarter, missing the consensus estimate of $1.00 by $0.18. The real estate investment trust had revenue of $727.50 million for the quarter, compared to analyst estimates of $725.07 million. Equity Residential had a net margin of 29.07% and a trailing twelve-month return on equity of 7.43%. The company's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period last year, the company posted $0.94 earnings per share.
Read the conference call transcript
.

How often does Equity Residential pay dividends? What is the dividend yield for Equity Residential?

Equity Residential declared a quarterly dividend on Thursday, December 14th. Shareholders of record on Tuesday, January 2nd will be paid a dividend of $0.6625 per share on Friday, January 12th. This represents a $2.65 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date is Friday, December 29th.
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 4.38%. 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 66.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQR.

What guidance has Equity Residential issued on next quarter's earnings?

Equity Residential issued an update on its first quarter 2024 earnings guidance on Tuesday, January, 30th. The company provided earnings per share guidance of 0.880-0.920 for the period, compared to the consensus 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.99%), Norges Bank (9.23%), Price T Rowe Associates Inc. MD (5.24%), APG Asset Management US Inc. (3.05%), First Eagle Investment Management LLC (2.46%) and Legal & General Group Plc (1.63%). 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 2/26/2024 by MarketBeat.com Staff