NYSE:EQR Equity Residential (EQR) Stock Forecast, Price & News $58.71 -0.06 (-0.10%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$58.15▼$59.7650-Day Range$58.44▼$68.6452-Week Range$54.60▼$69.45Volume2.08 million shsAverage Volume1.50 million shsMarket Capitalization$23.06 billionP/E Ratio26.57Dividend Yield4.51%Price Target$69.59 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Equity Residential MarketRank™ ForecastAnalyst RatingHold2.24 Rating ScoreUpside/Downside18.5% Upside$69.59 Price TargetShort InterestHealthy1.52% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.23Upright™ Environmental ScoreNews Sentiment0.63Based on 10 Articles This WeekInsider TradingSelling Shares$165,100 Sold Last QuarterProj. Earnings Growth4.75%From $3.79 to $3.97 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.71 out of 5 starsFinance Sector234th out of 879 stocksReal Estate Investment Trusts Industry45th out of 184 stocks 3.1 Analyst's Opinion Consensus RatingEquity Residential has received a consensus rating of Hold. The company's average rating score is 2.24, and is based on 5 buy ratings, 11 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $69.59, Equity Residential has a forecasted upside of 18.5% from its current price of $58.71.Amount of Analyst CoverageEquity Residential has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.52% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Equity Residential has recently increased by 1.99%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipEquity Residential is a leading dividend payer. It pays a dividend yield of 4.51%, 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 119.91%. 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 66.75% 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 3.1 News and Social Media Coverage News SentimentEquity Residential has a news sentiment score of 0.63. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Equity Residential this week, compared to 5 articles on an average week.Search Interest6 people have searched for EQR on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows7 people have added Equity Residential to their MarketBeat watchlist in the last 30 days. This is an increase of 40% 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 $165,100.00 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 4.75% in the coming year, from $3.79 to $3.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equity Residential is 26.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 26.57, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 64.51.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 2.90. 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 1.96. 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 About Equity Residential (NYSE:EQR) StockEquity 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 304 properties consisting of 80,212 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EQR Stock News HeadlinesSeptember 13, 2023 | marketbeat.comThe Bear Market is In for Real Estate: 3 Most Promising REITs (EQR)These are the most promising residential REITs to consider as the sector gets thrown into discount territory. With growth and dividends, you can have your pickSeptember 27, 2023 | americanbankingnews.comEquity Residential (NYSE:EQR) Price Target Cut to $62.00October 1, 2023 | Chaikin Analytics (Ad)Something is Coming for America's Top StockThis stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.September 25, 2023 | marketwatch.comEquity Residential stock falls Monday, underperforms marketSeptember 25, 2023 | seekingalpha.comEquity Residential: Unlock Value In This Dividend BargainSeptember 25, 2023 | gurufocus.comUnraveling Equity Residential's Dividend Performance: A Comprehensive AnalysisSeptember 21, 2023 | americanbankingnews.comEquity Residential (NYSE:EQR) Receives Average Recommendation of "Hold" from BrokeragesSeptember 12, 2023 | markets.businessinsider.comWells Fargo Sticks to Their Buy Rating for Equity Residential (EQR)October 1, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!September 8, 2023 | finance.yahoo.comEquity Residential to Participate in Bank of America 2023 Global Real Estate ConferenceSeptember 7, 2023 | finance.yahoo.comEquity Residential Seems OvercookedSeptember 6, 2023 | thestreet.comEquity Residential (EQR): Today's Featured Real Estate LoserSeptember 4, 2023 | finance.yahoo.comDo You Want to Make Real Estate Income but Don't Have a Lot of Money? Here's How to Start for Under $100.August 29, 2023 | markets.businessinsider.comEquity Residential (EQR) Receives a Buy from Truist FinancialAugust 21, 2023 | markets.businessinsider.comJ.P. Morgan Sticks to Its Hold Rating for Equity Residential (EQR)August 21, 2023 | msn.comJP Morgan Maintains Equity Residential Properties Trust (EQR) Neutral RecommendationAugust 14, 2023 | msn.comTruist Securities Maintains Equity Residential Properties Trust (EQR) Buy RecommendationAugust 14, 2023 | markets.businessinsider.com9 Analysts Have This to Say About Equity ResidentialAugust 10, 2023 | finance.yahoo.com6 Real Estate Stocks With Juicy Yields—and Good ProspectsAugust 3, 2023 | msn.comEquity Residential: Less Exposed To New Supply, Shares Fairly ValuedAugust 2, 2023 | msn.comEquity Residential: Positioned For A Double Total ReturnAugust 2, 2023 | seekingalpha.comEquity Residential: Positioned For A Double-Digit Total ReturnJuly 31, 2023 | finance.yahoo.comEquity Residential: Continued momentum in normalized FFO; reiterating BUYJuly 29, 2023 | msn.comEssex Property Trust: Beat And Raise, But The Wrong CoastJuly 28, 2023 | finance.yahoo.comEquity Residential (EQR) Meets Q2 FFO, Expects Low Expense GrowthJuly 28, 2023 | finance.yahoo.comEquity Residential (EQR) Q2 FFO Meet EstimatesJuly 28, 2023 | finance.yahoo.comEquity Residential (EQR) Q2 Earnings: How Key Metrics Compare to Wall Street EstimatesSee 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 EQR Company Calendar Last Earnings4/26/2022Ex-Dividend for 7/14 Dividend6/23/2023Dividend Payable7/14/2023Ex-Dividend for 10/13 Dividend9/25/2023Today10/01/2023Dividend Payable10/13/2023Next Earnings (Estimated)10/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryResidential REITs SectorFinance Current SymbolNYSE:EQR CUSIP29476L10 CIK906107 Webwww.eqr.com Phone(312) 474-1300Fax312-454-8703Employees2,400Year Founded1967Price Target and Rating Average Stock Price Forecast$69.59 High Stock Price Forecast$77.00 Low Stock Price Forecast$58.00 Forecasted Upside/Downside+18.5%Consensus RatingHold Rating Score (0-4)2.24 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$2.21 Trailing P/E Ratio26.57 Forward P/E Ratio15.49 P/E Growth2.91Net Income$776.91 million Net Margins29.58% Pretax Margin30.94% Return on Equity7.40% Return on Assets4.13% Debt Debt-to-Equity Ratio0.67 Current Ratio0.19 Quick Ratio0.19 Sales & Book Value Annual Sales$2.74 billion Price / Sales8.43 Cash Flow$4.48 per share Price / Cash Flow13.10 Book Value$30.02 per share Price / Book1.96Miscellaneous Outstanding Shares392,700,000Free Float386,063,000Market Cap$23.06 billion OptionableOptionable Beta0.82 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Mark J. Parrell (Age 56)Pres, CEO & Trustee Comp: $4.02MMr. Robert A. Garechana (Age 44)Exec. VP & CFO Comp: $1.73MMr. Michael L. Manelis (Age 54)Exec. VP & COO Comp: $1.88MMr. Alexander Brackenridge (Age 59)Exec. VP & Chief Investment Officer Comp: $1.74MMr. Scott J. Fenster J.D. (Age 47)Exec. VP, Gen. Counsel & Corp. Sec. Comp: $1.33MMr. Ian S. Kaufman (Age 55)Sr. VP & Chief Accounting Officer Mr. Martin J. McKennaFirst VP of Investor & PRMs. Catherine M. Carraway (Age 62)Exec. VP & Chief HR Officer Mr. John G. Lennox (Age 69)Sr. VP of Financial Planning & Analysis Mr. Barry S. Altshuler (Age 64)Exec. VP of Investments More ExecutivesKey CompetitorsAvalonBay CommunitiesNYSE:AVBMid-America Apartment CommunitiesNYSE:MAASun CommunitiesNYSE:SUIEssex Property TrustNYSE:ESSEquity LifeStyle PropertiesNYSE:ELSView All CompetitorsInsiders & InstitutionsBarclays PLCBought 253,853 shares on 9/21/2023Ownership: 0.159%Farther Finance Advisors LLCBought 405 shares on 9/12/2023Ownership: 0.000%Portside Wealth Group LLCBought 5,350 shares on 9/1/2023Ownership: 0.001%Wolverine Trading LLCBought 800 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 164,260 shares on 8/22/2023Ownership: 0.043%View All Insider TransactionsView All Institutional Transactions EQR Stock - Frequently Asked Questions Should I buy or sell Equity Residential stock right now? 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 1 sell rating, 11 hold ratings and 5 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 forecast for 2023? 17 analysts have issued 12 month price objectives for Equity Residential's shares. Their EQR share price forecasts range from $58.00 to $77.00. On average, they expect the company's share price to reach $69.59 in the next year. This suggests a possible upside of 18.5% 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 2023? Equity Residential's stock was trading at $59.00 on January 1st, 2023. Since then, EQR shares have decreased by 0.5% and is now trading at $58.71. View the best growth stocks for 2023 here. Are investors shorting Equity Residential? Equity Residential saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 5,540,000 shares, a decline of 9.0% from the August 15th total of 6,090,000 shares. Based on an average daily volume of 1,660,000 shares, the short-interest ratio is presently 3.3 days. Currently, 1.5% of the company's stock 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, October 24th 2023. View our EQR earnings forecast. How were Equity Residential's earnings last quarter? Equity Residential (NYSE:EQR) posted its quarterly earnings results on Tuesday, April, 26th. The real estate investment trust reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.80 by $0.61. Equity Residential had a net margin of 29.58% and a trailing twelve-month return on equity of 7.40%. During the same quarter in the previous year, the company earned $0.68 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 announced a quarterly dividend on Friday, September 15th. Investors of record on Tuesday, September 26th will be given a dividend of $0.6625 per share on Friday, October 13th. This represents a $2.65 dividend on an annualized basis and a dividend yield of 4.51%. The ex-dividend date is Monday, September 25th. 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). 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 4.51%. 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 119.91%. 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 FY 2023 earnings guidance on Saturday, August, 5th. The company provided earnings per share (EPS) guidance of $3.77-$3.83 for the period, compared to the consensus EPS estimate of $3.77. 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). What is Equity Residential's stock symbol? Equity Residential trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQR." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Equity Residential's stock price today? One share of EQR stock can currently be purchased for approximately $58.71. How much money does Equity Residential make? Equity Residential (NYSE:EQR) has a market capitalization of $23.06 billion and generates $2.74 billion in revenue each year. The real estate investment trust earns $776.91 million in net income (profit) each year or $2.21 on an earnings per share basis. How many employees does Equity Residential have? The company employs 2,400 workers across the globe. How can I contact Equity Residential? Equity Residential's mailing address is TWO NORTH RIVERSIDE PLAZA SUITE 400, CHICAGO IL, 60606. The official website for the company is www.eqr.com. The real estate investment trust can be reached via phone at (312) 474-1300, via email at mmckenna@eqrworld.com, or via fax at 312-454-8703. This page (NYSE:EQR) was last updated on 10/1/2023 by MarketBeat.com Staff 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. 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