NYSE:EQR - Equity Residential Stock Price, News, & Analysis

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$75.97 +0.50 (+0.66 %)
(As of 04/26/2019 02:01 AM ET)
Previous Close$75.47
Today's Range$74.95 - $76.19
52-Week Range$59.29 - $77.64
Volume769,100 shs
Average Volume1.51 million shs
Market Capitalization$28.10 billion
P/E Ratio23.38
Dividend Yield3.01%
Beta0.59
Equity Residential is an S&P 500 company focused on the acquisition, development and management of rental apartment properties located in urban and high-density suburban markets where today's renters want to live, work and play. Equity Residential owns or has investments in 307 properties consisting of 79,482 apartment units, primarily located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
CUSIP29476L10
Phone312-474-1300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.58 billion
Cash Flow$4.1266 per share
Book Value$28.13 per share

Profitability

Net Income$657.53 million

Miscellaneous

Employees2,700
Market Cap$28.10 billion
Next Earnings Date4/30/2019 (Confirmed)
OptionableOptionable

Equity Residential (NYSE:EQR) Frequently Asked Questions

What is Equity Residential's stock symbol?

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

How often does Equity Residential pay dividends? What is the dividend yield for Equity Residential?

Equity Residential declared a quarterly dividend on Friday, March 15th. Investors of record on Monday, March 25th will be given a dividend of $0.5675 per share on Friday, April 12th. This represents a $2.27 annualized dividend and a yield of 2.99%. The ex-dividend date of this dividend is Friday, March 22nd. This is a positive change from Equity Residential's previous quarterly dividend of $0.54. View Equity Residential's Dividend History.

How were Equity Residential's earnings last quarter?

Equity Residential (NYSE:EQR) announced its quarterly earnings results on Tuesday, January, 29th. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.85 by $0.54. The real estate investment trust earned $652.55 million during the quarter, compared to analyst estimates of $652.35 million. Equity Residential had a net margin of 25.50% and a return on equity of 6.31%. Equity Residential's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.83 EPS. View Equity Residential's Earnings History.

When is Equity Residential's next earnings date?

Equity Residential is scheduled to release their next quarterly earnings announcement on Tuesday, April 30th 2019. View Earnings Estimates for Equity Residential.

How can I listen to Equity Residential's earnings call?

Equity Residential will be holding an earnings conference call on Wednesday, May 1st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Equity Residential issued on next quarter's earnings?

Equity Residential issued an update on its FY19 earnings guidance on Tuesday, January, 29th. The company provided earnings per share (EPS) guidance of $3.34-3.44 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.41. Equity Residential also updated its FY 2019 guidance to $3.34-3.44 EPS.

What price target have analysts set for EQR?

15 equities research analysts have issued 12-month target prices for Equity Residential's stock. Their predictions range from $66.00 to $80.00. On average, they expect Equity Residential's stock price to reach $72.1338 in the next twelve months. This suggests that the stock has a possible downside of 5.0%. View Analyst Price Targets for Equity Residential.

What is the consensus analysts' recommendation for Equity Residential?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 1 sell rating, 10 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Equity Residential.

Has Equity Residential been receiving favorable news coverage?

Headlines about EQR stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of 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 nearest to five being the most favorable. Equity Residential earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the next few days.

Who are some of Equity Residential's key competitors?

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 NVIDIA (NVDA), Cisco Systems (CSCO), salesforce.com (CRM), Netflix (NFLX), Starbucks (SBUX), Procter & Gamble (PG), Visa (V), Exxon Mobil (XOM), Intel (INTC) and Micron Technology (MU).

Who are Equity Residential's key executives?

Equity Residential's management team includes the folowing people:
  • Mr. Samuel Zell J.D., Founder & Chairman (Age 77)
  • Mr. Mark J. Parrell, Pres, CEO & Trustee (Age 52)
  • Mr. Alan W. George, Exec. VP & Chief Investment Officer (Age 61)
  • Mr. David S. Santee, Exec. VP of Property Operations (Age 60)
  • Mr. Robert A. Garechana, Exec. VP & CFO (Age 40)

Who are Equity Residential's major shareholders?

Equity Residential's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include PGGM Investments (1.57%), Resolution Capital Ltd (1.21%), Duff & Phelps Investment Management Co. (0.21%), Strs Ohio (0.17%), Los Angeles Capital Management & Equity Research Inc. (0.16%) and Hexavest Inc. (0.15%). Company insiders that own Equity Residential stock include Alan W George, Alexander Brackenridge, Barry Altshuler, Bruce C Strohm, Christa L Sorenson, David J Neithercut, David S Santee, Gerald A Spector, Ian Kaufman, Linda Bynoe, Mark J Parrell, Mark S Shapiro, Michael L Manelis, Robert Garechana, Samuel Zell and Scott Fenster. View Institutional Ownership Trends for Equity Residential.

Which institutional investors are selling Equity Residential stock?

EQR stock was sold by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., PGGM Investments, BNP Paribas Arbitrage SA, Strs Ohio, Manning & Napier Group LLC, Presima Inc., Brinker Capital Inc. and Pensionfund DSM Netherlands. Company insiders that have sold Equity Residential company stock in the last year include Alan W George, Alexander Brackenridge, Barry Altshuler, 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 Insider Buying and Selling for Equity Residential.

Which institutional investors are buying Equity Residential stock?

EQR stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Ellis Investment Partners LLC, Timbercreek Investment Management Inc., Duff & Phelps Investment Management Co., Resolution Capital Ltd, Pennsylvania Trust Co, Pennsylvania Trust Co and Pacer Advisors Inc.. View Insider Buying and Selling for Equity Residential.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Equity Residential's stock price today?

One share of EQR stock can currently be purchased for approximately $75.97.

How big of a company is Equity Residential?

Equity Residential has a market capitalization of $28.10 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.

What is Equity Residential's official website?

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

How can I contact Equity Residential?

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]


MarketBeat Community Rating for Equity Residential (NYSE EQR)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  394 (Vote Outperform)
Underperform Votes:  775 (Vote Underperform)
Total Votes:  1,169
MarketBeat's community ratings are surveys of what our community members think about Equity Residential and other stocks. Vote "Outperform" if you believe EQR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EQR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/26/2019 by MarketBeat.com Staff

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