Equity Residential Stock Price, News & Analysis (NYSE:EQR) $58.82 +0.12 (+0.20%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$58.15▼$58.8550-Day Range$53.19▼$60.7452-Week Range$52.57▼$69.45Volume1.65 million shsAverage Volume2.19 million shsMarket Capitalization$22.34 billionP/E Ratio32.68Dividend Yield4.51%Price Target$65.68 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Equity Residential MarketRank™ Stock AnalysisAnalyst RatingHold2.21 Rating ScoreUpside/Downside11.7% Upside$65.68 Price TargetShort InterestHealthy1.59% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.23Upright™ Environmental ScoreNews Sentiment0.49Based on 8 Articles This WeekInsider TradingSelling Shares$1.36 M Sold Last QuarterProj. Earnings Growth4.23%From $3.78 to $3.94 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.2.64 out of 5 starsFinance Sector131st out of 871 stocksReal Estate Investment Trusts Industry26th 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 2.21, and is based on 4 buy ratings, 9 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.68, Equity Residential has a forecasted upside of 11.7% from its current price of $58.82.Amount of Analyst CoverageEquity Residential has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.59% 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 3.2, 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 7.44%, 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 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 147.22%. 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 67.26% 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 2.5 News and Social Media Coverage News SentimentEquity Residential has a news sentiment score of 0.49. 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 lower news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Equity Residential this week, compared to 6 articles on an average week.Search Interest8 people have searched for EQR on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Equity Residential to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $1,356,250.00 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 4.23% in the coming year, from $3.78 to $3.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equity Residential is 32.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 32.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.35.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 3.19. 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 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 HeadlinesNovember 30, 2023 | marketbeat.comHome sales hit a 13-year low... what now? (EQR)Here's the whole real estate strategy in a nutshell, you can copy Buffett's plan, or play a completely new one of your own. You can't help but make moneyDecember 5, 2023 | americanbankingnews.comEquity Residential (NYSE:EQR) Receives Consensus Rating of "Hold" from AnalystsDecember 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 3, 2023 | americanbankingnews.comQ1 2024 EPS Estimates for Equity Residential Decreased by Analyst (NYSE:EQR)December 1, 2023 | americanbankingnews.comEquity Residential to Post Q3 2024 Earnings of $0.99 Per Share, Zacks Research Forecasts (NYSE:EQR)November 30, 2023 | finance.yahoo.comEquity Residential (EQR) Up 6.4% Since Last Earnings Report: Can It Continue?November 21, 2023 | finance.yahoo.comEquity Residential (EQR.HA)November 13, 2023 | finance.yahoo.comEquity Residential: Reiterating BUY following third-quarter resultsDecember 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 8, 2023 | markets.businessinsider.comWells Fargo Keeps Their Buy Rating on Equity Residential (EQR)November 3, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Equity Residential (EQR), SiteOne Landscape Supply (SITE) and Marriott International (MAR)November 3, 2023 | finance.yahoo.comThe Equity Residential (EQR) Company: A Short SWOT AnalysisNovember 2, 2023 | finance.yahoo.comEquity Residential (NYSE:EQR) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | finance.yahoo.comQ3 2023 Equity Residential Earnings CallOctober 31, 2023 | finance.yahoo.comEquity Residential (EQR) Q3 Earnings: Taking a Look at Key Metrics Versus EstimatesOctober 31, 2023 | markets.businessinsider.comEquity Residential Q3 Profit DownOctober 31, 2023 | msn.comEquity Residential Q3 earnings, revenue miss; trims top end of guidanceOctober 31, 2023 | finance.yahoo.comEquity Residential Reports Third Quarter 2023 ResultsOctober 31, 2023 | finance.yahoo.comEquity Residential cuts FY revenue forecast on rental weakness in West Coast marketsOctober 31, 2023 | finance.yahoo.comEquity Residential (EQR) Reports Mixed Q3 2023 ResultsOctober 30, 2023 | finance.yahoo.comEquity Residential to Post Q3 Earnings: Is a Beat in Store?October 25, 2023 | finance.yahoo.comEquity Residential (E1QR34.SA)October 24, 2023 | finance.yahoo.comEquity Residential Issues 2023 ESG ReportOctober 24, 2023 | finance.yahoo.comEssex Property (ESS) to Post Q3 Earnings: What's in the Cards?October 20, 2023 | finance.yahoo.comIs it Safe to Keep Your Equity Residential (EQR)?October 20, 2023 | finance.yahoo.comKey Factors to Impact Mid-America Apartment's (MAA) Q3 EarningsOctober 12, 2023 | seekingalpha.comMost crowded longs and shorts going into earnings seasonSee 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 Earnings4/26/2022Ex-Dividend for 10/13 Dividend9/25/2023Dividend Payable10/13/2023Today12/09/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/08/2024Get 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 Target$65.68 High Stock Price Target$77.00 Low Stock Price Target$57.00 Potential Upside/Downside+11.7%Consensus RatingHold Rating Score (0-4)2.21 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$1.80 Trailing P/E Ratio32.68 Forward P/E Ratio15.56 P/E Growth3.19Net Income$776.91 million Net Margins23.99% Pretax Margin25.23% Return on Equity6.06% Return on Assets3.39% Debt Debt-to-Equity Ratio0.67 Current Ratio0.18 Quick Ratio0.18 Sales & Book Value Annual Sales$2.74 billion Price / Sales8.17 Cash Flow$4.50 per share Price / Cash Flow13.08 Book Value$30.02 per share Price / Book1.96Miscellaneous Outstanding Shares379,730,000Free Float373,308,000Market Cap$22.34 billion OptionableOptionable Beta0.84 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Mark J. Parrell (Age 56)President, CEO & Trustee Comp: $4.02MMr. Robert A. Garechana (Age 44)Executive VP & CFO Comp: $1.73MMr. Michael L. Manelis (Age 54)Executive VP & COO Comp: $1.88MMr. Alexander Brackenridge (Age 59)Executive VP & Chief Investment Officer Comp: $1.74MMr. Scott J. Fenster J.D. (Age 47)Executive VP, General Counsel & Corporate Secretary Comp: $1.33MMr. Ian S. Kaufman (Age 55)Senior VP & Chief Accounting Officer Mr. Martin J. McKennaFirst Vice President of Investor & Public RelationsMs. Catherine M. Carraway (Age 62)Executive VP & Chief Human Resources Officer Mr. John G. Lennox (Age 69)Senior Vice President of Financial Planning & Analysis Mr. Barry S. Altshuler (Age 64)Executive Vice President of Investments More ExecutivesKey CompetitorsAvalonBay CommunitiesNYSE:AVBSun CommunitiesNYSE:SUIMid-America Apartment CommunitiesNYSE:MAAEssex Property TrustNYSE:ESSEquity LifeStyle PropertiesNYSE:ELSView All CompetitorsInsiders & InstitutionsTAP Consulting LLCSold 837 shares on 12/5/2023Ownership: 0.012%Wellington Management Group LLPBought 24,787 shares on 12/1/2023Ownership: 0.017%American Century Companies Inc.Bought 14,770 shares on 11/30/2023Ownership: 0.087%Deutsche Bank AGSold 118,269 shares on 11/24/2023Ownership: 0.168%Public Sector Pension Investment BoardBought 4,292 shares on 11/22/2023Ownership: 0.019%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 Tuesday, November 28, 2023 at 10:10 PM. Pros Here are some ways that investors could benefit from investing in Equity Residential: Equity Residential is a member of the S&P 500, which indicates its stability and potential for long-term growth. The company focuses on acquiring, developing, and managing residential properties in dynamic cities that attract affluent long-term renters. This strategy positions Equity Residential to benefit from the demand for high-quality rental properties in desirable locations. Equity Residential has an established presence in major cities such as Boston, New York, Washington, D.C., and San Francisco, as well as an expanding presence in other cities like Denver, Atlanta, and Dallas/Ft. Worth. This diversified portfolio of properties allows for geographic diversification and potential for increased rental income. Institutional investors and hedge funds own a significant portion (84.79%) of Equity Residential's stock, indicating confidence in the company's performance and potential. The company has a market capitalization of $21.14 billion, indicating its size and stability in the real estate investment trust (REIT) industry. Cons Investors should be bearish about investing in Equity Residential for these reasons: The stock price of Equity Residential has experienced a decline over the past year, with a one-year low of $52.57. This indicates potential volatility and uncertainty in the company's performance. The company's current ratio and quick ratio are both 0.18, which may indicate a relatively low liquidity position. This could pose challenges in meeting short-term financial obligations. Equity Residential has a debt-to-equity ratio of 0.67, which suggests a moderate level of debt. Investors should consider the company's ability to manage its debt and the associated interest expenses. The company's price-to-earnings-growth ratio is 3.04, which indicates that the stock may be relatively overvalued compared to its earnings growth potential. Investors should carefully evaluate the company's valuation before making investment decisions. The beta of Equity Residential is 0.86, which suggests that the stock's price may be less volatile than the overall market. While this may be seen as a positive for some investors, it also means that the stock may have limited upside potential during market upswings. 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 1 sell rating, 9 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 twelve-month price targets 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 11.7% 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 2023? Equity Residential's stock was trading at $59.00 at the beginning of the year. Since then, EQR shares have decreased by 0.3% and is now trading at $58.82. View the best growth stocks for 2023 here. Are investors shorting Equity Residential? Equity Residential saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 5,920,000 shares, an increase of 7.4% from the October 31st total of 5,510,000 shares. Based on an average daily trading volume, of 1,860,000 shares, the days-to-cover ratio is presently 3.2 days. Currently, 1.6% 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 Thursday, February 8th 2024. View our EQR earnings forecast. How were Equity Residential's earnings last quarter? Equity Residential (NYSE:EQR) released 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 trailing twelve-month return on equity of 6.06% and a net margin of 23.99%. During the same quarter in the prior year, the firm posted $0.68 EPS. 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 Friday, September 15th. Shareholders of record on Tuesday, September 26th will be paid a dividend of $0.6625 per share on Friday, October 13th. This represents a $2.65 dividend on an annualized basis and a yield of 4.51%. The ex-dividend date is Monday, September 25th. 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 4.51%. 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 147.22%. 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 67.26% 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 issued an update on its fourth quarter earnings guidance on Tuesday, October, 31st. The company provided EPS guidance of $0.99-1.01 for the period, compared to the consensus earnings per share estimate of $1.00. 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 a variety of retail and institutional investors. Top institutional shareholders include First Eagle Investment Management LLC (2.24%), Resolution Capital Ltd (2.22%), JPMorgan Chase & Co. (1.80%), Northern Trust Corp (1.44%), Legal & General Group Plc (1.41%) and Chai Trust Co. LLC (1.41%). Insiders that own company stock include Alexander Brackenridge, Bradley A Keywell, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:EQR) was last updated on 12/9/2023 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. Adding Equity Residential Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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