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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Highly Profitable Restaurant Brand Expands to Canada (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Highly Profitable Restaurant Brand Expands to Canada (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Highly Profitable Restaurant Brand Expands to Canada (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NYSE:EQR

Equity Residential (EQR) Stock Forecast, Price & News

$60.79
+0.77 (+1.28%)
(As of 05/31/2023 ET)
Compare
Today's Range
$60.30
$61.43
50-Day Range
$55.46
$63.66
52-Week Range
$54.60
$80.89
Volume
3.56 million shs
Average Volume
2.07 million shs
Market Capitalization
$23.03 billion
P/E Ratio
25.02
Dividend Yield
4.36%
Price Target
$70.18

Equity Residential MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
15.3% Upside
$70.12 Price Target
Short Interest
Healthy
1.61% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.23
Upright™ Environmental Score
News Sentiment
0.37mentions of Equity Residential in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$2.63 M Sold Last Quarter
Proj. Earnings Growth
3.48%
From $3.74 to $3.87 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Finance Sector

520th out of 901 stocks

Real Estate Investment Trusts Industry

100th out of 190 stocks


EQR stock logo

About Equity Residential (NYSE:EQR) Stock

Equity Residential operates as a real estate investment trust. It engages in the acquisition, development, and management of rental apartment properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The company was founded by Robert H. Lurie and Sam Zell in March 1993 and is headquartered in Chicago, IL.

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EQR Stock News Headlines

Realty Income Trades At Decade Low Valuations, Worth The Yield? (EQR)
Realty Income is trading at decade low valuations, with management increasing investment budgets at these cap rates investors may see new highs in the stock
Simon Property Group Could Be a High Yield Savings Account
Simon Property Group is giving investors the best of both worlds, as its market value seems undervalued while the stock pays one of its highest dividend yields
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
Barclays Remains a Hold on Equity Residential (EQR)
Having Trouble in Your Trading?
If you’re having issues in your trading, it could be that it's not you - it really is the market… Well, you’re in control. You can sit on the sideline when it feels right or anticipate massive trend reversals with A.I. like I’ll show you in this upcoming FREE Live A.I. Stock Market Training.
Sam Zell 1941 – 2023
Real Estate Mogul Samuel Zell Dead at 81
See More Headlines
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EQR Company Calendar

Last Earnings
4/26/2022
Ex-Dividend for 4/14 Dividend
3/24/2023
Dividend Payable
4/14/2023
Today
6/01/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Residential REITs
Sector
Finance
CUSIP
29476L10
Employees
2,400
Year Founded
1967

Price Target and Rating

Average Stock Price Forecast
$70.12
High Stock Price Forecast
$91.00
Low Stock Price Forecast
$58.00
Forecasted Upside/Downside
+15.4%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
18 Analysts

Profitability

Net Income
$776.91 million
Pretax Margin
34.42%

Debt

Sales & Book Value

Annual Sales
$2.74 billion
Cash Flow
$4.57 per share
Book Value
$29.85 per share

Miscellaneous

Free Float
372,502,000
Market Cap
$23.03 billion
Optionable
Optionable
Beta
0.81

Social Links


Key Executives

  • Mark J. Parrell
    President, Chief Executive Officer & Trustee
  • Michael L. ManelisMichael L. Manelis
    Chief Operating Officer & Executive VP
  • Robert A. GarechanaRobert A. Garechana
    Chief Financial Officer, Treasurer & Executive VP
  • Catherine M. Carraway
    Chief Human Resources Officer & Executive VP
  • Scott J. FensterScott J. Fenster
    Secretary, Executive VP & General Counsel













EQR Stock - Frequently Asked Questions

Should I buy or sell Equity Residential stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 3 sell ratings, 9 hold ratings and 6 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.
View EQR analyst ratings
or view top-rated stocks.

What is Equity Residential's stock price forecast for 2023?

18 equities research analysts have issued 1-year target prices for Equity Residential's shares. Their EQR share price forecasts range from $58.00 to $91.00. On average, they expect the company's stock price to reach $70.12 in the next twelve months. This suggests a possible upside of 15.3% 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 increased by 3.0% and is now trading at $60.79.
View the best growth stocks for 2023 here
.

Are investors shorting Equity Residential?

Equity Residential saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 6,230,000 shares, an increase of 8.5% from the March 31st total of 5,740,000 shares. Based on an average daily trading volume, of 2,050,000 shares, the short-interest ratio is presently 3.0 days. Currently, 1.7% of the shares of the 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, July 25th 2023.
View our EQR earnings forecast
.

How were Equity Residential's earnings last quarter?

Equity Residential (NYSE:EQR) announced its quarterly earnings data 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 32.95% and a trailing twelve-month return on equity of 8.17%. During the same quarter last year, the business earned $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 announced a quarterly dividend on Thursday, March 16th. Stockholders of record on Monday, March 27th will be paid a dividend of $0.6625 per share on Friday, April 14th. This represents a $2.65 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend is Friday, March 24th. This is a boost from the stock's previous quarterly dividend of $0.63.
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 4.44%. 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 109.05%. 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 68.48% 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 updated its FY23 earnings guidance on Tuesday, May, 30th. The company provided EPS guidance of 3.73-3.83 for the period, compared to the consensus earnings per share estimate of $3.75.

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."

Who are Equity Residential's major shareholders?

Equity Residential's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.94%), State Street Corp (6.59%), Price T Rowe Associates Inc. MD (4.77%), APG Asset Management US Inc. (3.09%), Macquarie Group Ltd. (2.09%) and Geode Capital Management LLC (2.07%). 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.

What is Equity Residential's stock price today?

One share of EQR stock can currently be purchased for approximately $60.79.

How much money does Equity Residential make?

Equity Residential (NYSE:EQR) has a market capitalization of $23.03 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 $2.43 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 6/1/2023 by MarketBeat.com Staff

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