Equity Residential Stock Forecast, Price & News

Equity Residential's stock was trading at $75.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, EQR shares have decreased by 31.3% and is now trading at $51.57.
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21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 5 sell ratings, 13 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Equity Residential is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for Equity Residential.

Equity Residential (NYSE:EQR) posted its quarterly earnings data on Tuesday, July, 28th. The real estate investment trust reported $0.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.83 by $0.13. The real estate investment trust had revenue of $653.53 million for the quarter, compared to analysts' expectations of $661.89 million. Equity Residential had a return on equity of 10.62% and a net margin of 41.64%. The business's revenue was down 2.4% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS.
View Equity Residential's earnings history.

Equity Residential declared a quarterly dividend on Tuesday, September 15th. Stockholders of record on Friday, September 25th will be paid a dividend of $0.6025 per share on Friday, October 9th. This represents a $2.41 annualized dividend and a yield of 4.67%. The ex-dividend date is Thursday, September 24th.
View Equity Residential's dividend history.

21 brokers have issued 12 month target prices for Equity Residential's stock. Their forecasts range from $50.00 to $89.00. On average, they anticipate Equity Residential's share price to reach $68.83 in the next twelve months. This suggests a possible upside of 33.5% from the stock's current price.
View analysts' price targets for Equity Residential.

Equity Residential saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 6,810,000 shares, a decrease of 14.1% from the August 31st total of 7,930,000 shares. Based on an average daily volume of 2,670,000 shares, the short-interest ratio is presently 2.6 days. Approximately 1.9% of the company's stock are sold short.
View Equity Residential's Short Interest.

Some companies that are related to Equity Residential include AvalonBay Communities (AVB), Sun Communities (SUI), Essex Property Trust (ESS), Mid-America Apartment Communities (MAA), Equity Lifestyle Properties (ELS), UDR (UDR), Camden Property Trust (CPT), Apartment Investment and Management (AIV), American Campus Communities (ACC) and UMH PROPERTIES/SH SH (UMH).
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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), NVIDIA (NVDA), AbbVie (ABBV), Boeing (BA), Bank of America (BAC), QUALCOMM (QCOM), Simon Property Group (SPG) and Verizon Communications (VZ).

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

Equity Residential's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.68%), BlackRock Inc. (11.40%), APG Asset Management US Inc. (3.78%), Macquarie Group Ltd. (2.75%), FMR LLC (2.30%) and PGGM Investments (1.88%). Company insiders that own Equity Residential stock include Alan W George, Alexander Brackenridge, Barry Altshuler, Charles L Atwood, 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.

EQR stock was sold by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Russell Investments Group Ltd., Charles Schwab Investment Management Inc., Vanguard Group Inc., Goldman Sachs Group Inc., Robeco Institutional Asset Management B.V., Canada Pension Plan Investment Board, and First Trust Advisors LP. Company insiders that have sold Equity Residential company stock in the last year include Alan W George, Alexander Brackenridge, Charles L Atwood, Christa L Sorenson, David J Neithercut, Ian Kaufman, Mark S Shapiro, Michael L Manelis, Robert Garechana, and Samuel Zell.
View insider buying and selling activity for Equity Residential.

EQR stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Principal Financial Group Inc., BlackRock Inc., First Eagle Investment Management LLC, Balyasny Asset Management LLC, PGGM Investments, MERIAN GLOBAL INVESTORS UK Ltd, and Nordea Investment Management AB.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of EQR stock can currently be purchased for approximately $51.57.

Equity Residential has a market capitalization of $19.19 billion and generates $2.70 billion in revenue each year. The real estate investment trust earns $970.38 million in net income (profit) each year or $3.49 on an earnings per share basis. Equity Residential employs 2,700 workers across the globe.

The official website for Equity Residential is www.eqr.com.

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]