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

14 Wall Street equities 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 equities 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.
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14 brokerages 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 predict the company's share price to reach $65.68 in the next year. This suggests a possible upside of 11.9% from the stock's current price.
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Equity Residential's stock was trading at $59.00 at the start of the year. Since then, EQR stock has decreased by 0.5% and is now trading at $58.69.
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Equity Residential saw a increase in short interest in 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 trading volume of 1,860,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 1.6% of the shares of the company are short sold.
View Equity Residential's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our EQR earnings forecast.

Equity Residential (NYSE:EQR) issued its quarterly earnings results on Tuesday, April, 26th. The real estate investment trust reported $0.19 earnings per share 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 previous year, the business posted $0.68 EPS.
Read the conference call transcript.

Equity Residential declared 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 yield of 4.52%. The ex-dividend date of this dividend is Monday, September 25th.
Read our dividend analysis for EQR.

Equity Residential (NYSE:EQR) pays an annual dividend of $2.65 per share and currently has a dividend yield of 4.53%. 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.

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).

Equity Residential updated its fourth quarter earnings guidance on Tuesday, October, 31st. The company provided earnings per share (EPS) guidance of $0.99-1.01 for the period, compared to the consensus earnings per share estimate of $1.00.

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.

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).

Equity Residential's stock is owned by many different institutional and retail 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.
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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.
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