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, DC, Seattle, San Francisco, Southern California and Denver.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
Phone312-474-1300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.58 billion
Profitability
Miscellaneous
Employees2,700
Next Earnings Date10/22/2019 (Estimated)
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 Tuesday, June 18th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.567 per share on Friday, July 12th. This represents a $2.27 annualized dividend and a dividend yield of 2.73%. The ex-dividend date of this dividend is Thursday, June 27th. View Equity Residential's Dividend History.
How were Equity Residential's earnings last quarter?
Equity Residential (NYSE:EQR) issued its earnings results on Tuesday, July, 30th. The real estate investment trust reported $0.83 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.85 by $0.02. The real estate investment trust had revenue of $669.37 million for the quarter, compared to analysts' expectations of $667.59 million. Equity Residential had a net margin of 28.27% and a return on equity of 7.21%. The business's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.81 EPS. View Equity Residential's Earnings History.
When is Equity Residential's next earnings date?
How can I listen to Equity Residential's earnings call?
Equity Residential will be holding an earnings conference call on Wednesday, October 23rd 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, July, 30th. The company provided earnings per share guidance of $3.43-3.49 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.40.
What price target have analysts set for EQR?
11 equities research analysts have issued 1 year target prices for Equity Residential's shares. Their predictions range from $67.00 to $84.00. On average, they expect Equity Residential's share price to reach $74.4156 in the next twelve months. This suggests that the stock has a possible downside of 10.3%. View Analyst Price Targets for Equity Residential.
What is the consensus analysts' recommendation for Equity Residential?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 1 sell rating, 7 hold ratings and 3 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?
Press coverage about EQR stock has been trending positive recently, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. 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 2.5 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Equity Residential.
Are investors shorting Equity Residential?
Equity Residential saw a increase in short interest in July. As of July 31st, there was short interest totalling 5,156,700 shares, an increase of 10.2% from the June 30th total of 4,679,900 shares. Based on an average trading volume of 1,210,000 shares, the short-interest ratio is currently 4.3 days. Currently, 1.4% of the company's shares are short sold. View Equity Residential's Current Options Chain.
Who are some of Equity Residential's key competitors?
Some companies that are related to Equity Residential include American Tower (AMT), CROWN CASTLE IN/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Simon Property Group (SPG), Equinix (EQIX), Welltower (WELL), SBA Communications (SBAC), AvalonBay Communities (AVB), Ventas (VTR), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Essex Property Trust (ESS), Boston Properties (BXP) and Weyerhaeuser (WY).
What other stocks do shareholders of Equity Residential own?
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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.04%), BlackRock Inc. (11.23%), APG Asset Management US Inc. (3.93%), Price T Rowe Associates Inc. MD (3.48%), Cohen & Steers Inc. (1.84%) and Northern Trust Corp (1.82%). 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, Michael L Manelis, Robert Garechana, Samuel Zell and Scott Fenster. View Institutional Ownership Trends for Equity Residential.
Which major investors are selling Equity Residential stock?
EQR stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Heitman Real Estate Securities LLC, BlackRock Inc., Commonwealth Bank of Australia, PGGM Investments, Morgan Stanley, Los Angeles Capital Management & Equity Research Inc. and Westpac Banking Corp. 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 major investors are buying Equity Residential stock?
EQR stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Nuveen Asset Management LLC, Daiwa Securities Group Inc., California Public Employees Retirement System, Duff & Phelps Investment Management Co., Prudential Financial Inc., Invesco Ltd. and Sumitomo Mitsui Trust Holdings 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 $83.00.
How big of a company is Equity Residential?
Equity Residential has a market capitalization of $30.78 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.View Additional Information About Equity Residential.
What is Equity Residential's official website?
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)
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.
