NYSE:EQR Equity Residential (EQR) Stock Price, News & Analysis $70.77 +1.25 (+1.80%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$69.61▼$71.2150-Day Range$63.37▼$71.0452-Week Range$52.57▼$71.40Volume1.42 million shsAverage Volume1.93 million shsMarket Capitalization$26.86 billionP/E Ratio29.37Dividend Yield3.82%Price Target$69.53 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Equity Residential alerts: Email Address Equity Residential MarketRank™ Stock AnalysisAnalyst RatingHold2.41 Rating ScoreUpside/Downside1.8% Downside$69.53 Price TargetShort InterestHealthy1.47% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.23Upright™ Environmental ScoreNews Sentiment0.64Based on 9 Articles This WeekInsider TradingSelling Shares$651,362 Sold Last QuarterProj. Earnings Growth3.36%From $3.87 to $4.00 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.4.45 out of 5 starsFinance Sector135th out of 898 stocksReal Estate Investment Trusts Industry16th out of 181 stocks 2.2 Analyst's Opinion Consensus RatingEquity Residential has received a consensus rating of Hold. The company's average rating score is 2.41, and is based on 7 buy ratings, 10 hold ratings, and no sell ratings.Amount of Analyst CoverageEquity Residential has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Equity Residential's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.47% 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 3.1, 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 15.37%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipEquity Residential is a leading dividend payer. It pays a dividend yield of 3.86%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEquity Residential does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Equity Residential is 112.03%. 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 67.50% next year. This indicates that Equity Residential will be able to sustain or increase its dividend.Read more about Equity Residential's 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 3.7 News and Social Media Coverage News SentimentEquity Residential has a news sentiment score of 0.64. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Equity Residential this week, compared to 7 articles on an average week.Search Interest6 people have searched for EQR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows5 people have added Equity Residential to their MarketBeat watchlist in the last 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 $651,362.00 in company stock.Percentage Held by InsidersOnly 1.00% of the stock of Equity Residential is held by insiders.Percentage Held by Institutions92.68% of the stock of Equity Residential is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Equity Residential's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Equity Residential are expected to grow by 3.36% in the coming year, from $3.87 to $4.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equity Residential is 29.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 29.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.03.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 4.02. 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 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Equity Residential's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatWe just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.Start Your Risk-Free Trial Here 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 HeadlinesJune 27, 2024 | insidertrades.comInsider Selling: Equity Residential (NYSE:EQR) CFO Sells 6,357 Shares of StockJuly 26 at 4:06 PM | finance.yahoo.comZacks Industry Outlook Highlights AvalonBay Communities, Equity Residential and Invitation HomesJuly 26, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.July 20, 2024 | americanbankingnews.comUBS Group Increases Equity Residential (NYSE:EQR) Price Target to $82.00July 20, 2024 | americanbankingnews.comEquity Residential (NYSE:EQR) Receives $69.09 Consensus PT from BrokeragesJune 25, 2024 | insidermonkey.comWhy Are Analysts Bullish on Equity Residential (EQR)?June 25, 2024 | investorplace.comSmaller Family Units, Bigger Profits: 3 Top Real Estate Stocks to Buy in 2024June 16, 2024 | insidermonkey.comWhere Does Equity Residential (NYSE:EQR) Stand Among the Best Apartment Companies Worldwide?July 26, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.June 10, 2024 | seekingalpha.comEquity Residential: It's Time To Be A 'Grave Dancer'May 31, 2024 | businesswire.comEquity Residential to Participate in Nareit REITweek ConferenceMay 28, 2024 | businesswire.comEquity Residential Provides Operating UpdateMay 21, 2024 | msn.comApartment REITs see marginal increase in Q1 occupancy ratesMay 14, 2024 | markets.businessinsider.comCritical Insights From Equity Residential Analyst Ratings: What You Need To KnowMay 13, 2024 | msn.comEvercore ISI Group Downgrades Equity Residential (EQR)May 13, 2024 | msn.comAvalonBay, Equity Residential cut to In Line at Evercore ISI after post-Q1 rallyMay 1, 2024 | seekingalpha.comWhy I'm Steering Clear Of REIT ETFsApril 26, 2024 | markets.businessinsider.comEquity Residential Receives Hold Rating Amidst Solid Fundamentals and Limited Near-Term UpsideSee 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 Last Earnings4/23/2024Ex-Dividend for 7/12 Dividend7/01/2024Dividend Payable7/12/2024Today7/26/2024Next Earnings (Confirmed)7/29/2024Fiscal 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$69.53 High Stock Price Target$82.00 Low Stock Price Target$59.50 Potential Upside/Downside-0.7%Consensus RatingHold Rating Score (0-4)2.41 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$2.41 Trailing P/E Ratio29.05 Forward P/E Ratio18.09 P/E Growth4.02Net Income$835.44 million Net Margins31.70% Pretax Margin33.12% Return on Equity8.18% Return on Assets4.59% Debt Debt-to-Equity Ratio0.64 Current Ratio0.23 Quick Ratio0.23 Sales & Book Value Annual Sales$2.87 billion Price / Sales9.25 Cash Flow$4.62 per share Price / Cash Flow15.14 Book Value$29.67 per share Price / Book2.36Miscellaneous Outstanding Shares379,550,000Free Float375,758,000Market Cap$26.58 billion OptionableOptionable Beta0.87 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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:AVBEssex Property TrustNYSE:ESSMid-America Apartment CommunitiesNYSE:MAASun CommunitiesNYSE:SUIUDRNYSE:UDRView All CompetitorsInsiders & InstitutionsState of Michigan Retirement SystemBought 800 shares on 7/26/2024Ownership: 0.026%Allspring Global Investments Holdings LLCSold 470 shares on 7/26/2024Ownership: 0.004%Checchi Capital Advisers LLCBought 153 shares on 7/26/2024Ownership: 0.001%Atomi Financial Group Inc.Bought 2,957 shares on 7/26/2024Ownership: 0.001%Summit Securities Group LLCSold 10,000 shares on 7/26/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions Should I Buy Equity Residential Stock? EQR Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Equity Residential: Equity Residential reported earnings per share of $0.93 for the quarter, exceeding the consensus estimate by $0.02. This indicates strong financial performance and potential for growth. The company had a net margin of 31.70%, showcasing efficient cost management and profitability. Equity Residential's revenue was up 3.6% on a year-over-year basis, demonstrating consistent revenue growth. The recent increase in quarterly dividend from $0.66 to $0.675 per share suggests a commitment to rewarding shareholders and a positive outlook on future cash flows. With a market capitalization of $25.93 billion, Equity Residential is a significant player in the real estate investment trust sector, offering stability and potential for long-term returns. Cons Investors should be bearish about investing in Equity Residential for these reasons: Equity Residential's dividend payout ratio is currently at 112.03%, which may raise concerns about sustainability and future dividend growth. The PEG ratio of 3.89 indicates a relatively high valuation compared to expected earnings growth, potentially limiting short-term upside potential. While the company's revenue growth is positive, the P/E ratio of 28.34 suggests the stock may be trading at a premium, posing a risk for investors seeking value. Corporate insiders selling shares, such as EVP Alexander Brackenridge and Director Mary Kay Haben, could signal lack of confidence in the company's future performance. Considering the beta of 0.85, Equity Residential's stock may have lower volatility compared to the market, potentially limiting opportunities for aggressive growth investors. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Equity Residential pros and cons to contact@marketbeat.com. EQR Stock Analysis - Frequently Asked Questions How have EQR shares performed this year? Equity Residential's stock was trading at $61.16 at the beginning of 2024. Since then, EQR stock has increased by 15.7% and is now trading at $70.77. View the best growth stocks for 2024 here. How were Equity Residential's earnings last quarter? Equity Residential (NYSE:EQR) released its quarterly earnings data on Tuesday, April, 23rd. The real estate investment trust reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.02. The firm's revenue for the quarter was up 3.6% compared to the same quarter last year. Read the conference call transcript. 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. Who are Equity Residential's major shareholders? Equity Residential's top institutional shareholders include Bank of New York Mellon Corp (0.64%), Sumitomo Mitsui Trust Holdings Inc. (0.44%), New York State Teachers Retirement System (0.08%) and Retirement Systems of Alabama (0.07%). Insiders that own company stock include Alexander Brackenridge, Michael L Manelis, Ian Kaufman, Robert Garechana, Catherine Carraway, Mark S Shapiro, Mary Kay Haben, David J Neithercut 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. What other stocks do shareholders of Equity Residential own? Based on aggregate information from My MarketBeat watchlists, some other companies that Equity Residential investors own include Cisco Systems (CSCO), AT&T (T), Intel (INTC), Bank of America (BAC), NVIDIA (NVDA), AbbVie (ABBV) and Johnson & Johnson (JNJ). This page (NYSE:EQR) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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