Equity Residential Stock Price, Forecast & Analysis (NYSE:EQR)

Equity Residential trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQR."

Equity Residential announced a quarterly dividend on Thursday, September 19th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.5675 per share on Friday, October 11th. This represents a $2.27 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date is Friday, September 27th. This is an increase from Equity Residential's previous quarterly dividend of $0.57. View Equity Residential's Dividend History.

Equity Residential (NYSE:EQR) posted its quarterly earnings data on Tuesday, October, 22nd. The real estate investment trust reported $0.71 EPS for the quarter, missing the consensus estimate of $0.88 by $0.17. The real estate investment trust had revenue of $685.15 million for the quarter, compared to analysts' expectations of $679.66 million. Equity Residential had a net margin of 29.88% and a return on equity of 7.73%. The firm's revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.83 earnings per share. View Equity Residential's Earnings History.

Equity Residential is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Equity Residential.

Equity Residential issued an update on its fourth quarter earnings guidance on Tuesday, October, 22nd. The company provided earnings per share (EPS) guidance of $0.87-0.89 for the period, compared to the Thomson Reuters consensus estimate of $0.90.

11 Wall Street analysts have issued 12-month price targets for Equity Residential's shares. Their forecasts range from $71.00 to $96.00. On average, they anticipate Equity Residential's share price to reach $82.97 in the next year. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets for Equity Residential.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 3 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Equity Residential.

News stories about EQR stock have been trending positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Equity Residential earned a news sentiment score of 3.0 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Equity Residential.

Equity Residential saw a increase in short interest in October. As of October 31st, there was short interest totalling 5,420,000 shares, an increase of 6.5% from the September 30th total of 5,090,000 shares. Based on an average daily trading volume, of 1,510,000 shares, the short-interest ratio is currently 3.6 days. Currently, 1.5% of the company's shares are sold short. View Equity Residential's Current Options Chain.

Some companies that are related to Equity Residential include AvalonBay Communities (AVB), Essex Property Trust (ESS), Mid-America Apartment Communities (MAA), Sun Communities (SUI), UDR (UDR), Equity Lifestyle Properties (ELS), Camden Property Trust (CPT), Apartment Investment and Management (AIV), American Campus Communities (ACC), UMH PROPERTIES/SH SH (UMH), Associated Estates Realty (AEC) and Home Properties (HME).

Based on aggregate information from My MarketBeat watchlists, some companies that other Equity Residential investors own include Simon Property Group (SPG), Cisco Systems (CSCO), NVIDIA (NVDA), Boeing (BA), Visa (V), Bank of America (BAC), Johnson & Johnson (JNJ), AT&T (T), Exxon Mobil (XOM) and Starbucks (SBUX).

Equity Residential's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Resolution Capital Ltd (1.29%), California Public Employees Retirement System (0.84%), Russell Investments Group Ltd. (0.55%), Sumitomo Mitsui Trust Holdings Inc. (0.52%), Daiwa Securities Group Inc. (0.52%) and Duff & Phelps Investment Management Co. (0.37%). Company insiders that own Equity Residential stock include Alan W George, Alexander Brackenridge, Barry Altshuler, Charles L Atwood, Christa L Sorenson, David J Neithercut, David S Santee, Gerald A Spector, Ian Kaufman, Linda Bynoe, Mark J Parrell, Michael L Manelis, Robert Garechana, Samuel Zell and Scott Fenster. View Institutional Ownership Trends for Equity Residential.

EQR stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Manning & Napier Group LLC, Tower Research Capital LLC TRC, Retirement Systems of Alabama, State of Tennessee Treasury Department, Hexavest Inc., Great West Life Assurance Co. Can and Gateway Investment Advisers LLC. Company insiders that have sold Equity Residential company stock in the last year include Alan W George, Alexander Brackenridge, Barry Altshuler, Charles L Atwood, Christa L Sorenson, David J Neithercut, Gerald A Spector, Ian Kaufman, Linda Bynoe, Mark J Parrell, Michael L Manelis, Robert Garechana, Samuel Zell and Scott Fenster. View Insider Buying and Selling for Equity Residential.

EQR stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Resolution Capital Ltd, Daiwa Securities Group Inc., State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Nisa Investment Advisors LLC, Alberta Investment Management Corp and HGI Capital Management LLC. View Insider Buying and Selling for Equity Residential.

Shares of EQR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of EQR stock can currently be purchased for approximately $86.66.

Equity Residential has a market capitalization of $32.18 billion and generates $2.58 billion in revenue each year. The real estate investment trust earns $657.53 million in net income (profit) each year or $3.25 on an earnings per share basis. Equity Residential employs 2,700 workers across the globe.View Additional Information About Equity Residential.

The official website for Equity Residential is http://www.eqr.com/.

Equity Residential's mailing address is TWO NORTH RIVERSIDE PLAZA SUITE 400, CHICAGO IL, 60606. The real estate investment trust can be reached via phone at 312-474-1300 or via email at [email protected]