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

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$74.23 +0.37 (+0.50 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$74.23
Today's Range$73.56 - $74.43
52-Week Range$55.50 - $74.43
Volume1.40 million shs
Average Volume1.60 million shs
Market Capitalization$27.35 billion
P/E Ratio22.84
Dividend Yield2.92%
Beta0.61
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$3.9379 per share
Book Value$28.13 per share

Profitability

Net Income$657.53 million

Miscellaneous

Employees2,700
Market Cap$27.35 billion
Next Earnings Date4/23/2019 (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 Thursday, December 13th. Stockholders of record on Wednesday, January 2nd will be paid a dividend of $0.54 per share on Friday, January 11th. This represents a $2.16 annualized dividend and a dividend yield of 2.91%. The ex-dividend date of this dividend is Monday, December 31st. View Equity Residential's Dividend History.

How were Equity Residential's earnings last quarter?

Equity Residential (NYSE:EQR) released its quarterly earnings data on Tuesday, January, 29th. The real estate investment trust reported $0.31 EPS for the quarter, missing analysts' consensus estimates 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%. The firm's quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.83 earnings per share. 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 23rd 2019. View Earnings Estimates for Equity Residential.

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

Equity Residential updated its FY19 earnings guidance on Tuesday, January, 29th. The company provided EPS guidance of $3.34-3.44 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued twelve-month price objectives for Equity Residential's shares. Their forecasts range from $65.00 to $80.00. On average, they anticipate Equity Residential's stock price to reach $69.8571 in the next year. This suggests that the stock has a possible downside of 5.9%. 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 10 hold ratings and 5 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?

News coverage about EQR stock has trended somewhat negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Equity Residential earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the next several 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 Cisco Systems (CSCO), NVIDIA (NVDA), salesforce.com (CRM), Procter & Gamble (PG), Exxon Mobil (XOM), General Electric (GE), Starbucks (SBUX), Intel (INTC), Simon Property Group (SPG) and Netflix (NFLX).

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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.19%), Macquarie Group Ltd. (3.09%), Northern Trust Corp (1.83%), Boston Partners (1.76%), Geode Capital Management LLC (1.65%) and Dimensional Fund Advisors LP (1.49%). 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, 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 Lasalle Investment Management Securities LLC, Macquarie Group Ltd., Duff & Phelps Investment Management Co., 1832 Asset Management L.P., Eaton Vance Management, Hsbc Holdings PLC, D. E. Shaw & Co. Inc. and Amundi Pioneer Asset Management Inc.. 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, 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 acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., Barings LLC, Resolution Capital Ltd, California Public Employees Retirement System, Geode Capital Management LLC, MERIAN GLOBAL INVESTORS UK Ltd and Millennium Management LLC. 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 $74.23.

How big of a company is Equity Residential?

Equity Residential has a market capitalization of $27.35 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:  385 (Vote Outperform)
Underperform Votes:  749 (Vote Underperform)
Total Votes:  1,134
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 2/23/2019 by MarketBeat.com Staff

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