Equity Residential Stock Forecast, Price & News

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 2 sell ratings, 11 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Equity Residential stock. 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.
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Wall Street analysts have given Equity Residential a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Equity Residential wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Equity Residential saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 10,390,000 shares, an increase of 12.0% from the December 31st total of 9,280,000 shares. Based on an average daily trading volume, of 2,990,000 shares, the short-interest ratio is presently 3.5 days. Approximately 2.9% of the company's stock are sold short.
View Equity Residential's Short Interest.

Equity Residential is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Equity Residential.

Equity Residential (NYSE:EQR) posted its earnings results on Wednesday, February, 10th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by $0.06. The real estate investment trust earned $613.40 million during the quarter, compared to analysts' expectations of $612 million. Equity Residential had a net margin of 35.97% and a trailing twelve-month return on equity of 8.89%. The business's revenue for the quarter was down 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 EPS.
View Equity Residential's earnings history.

Equity Residential's stock was trading at $75.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, EQR stock has decreased by 9.5% and is now trading at $67.97.
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Equity Residential declared a quarterly dividend on Thursday, December 17th. Investors of record on Monday, January 4th will be given a dividend of $0.6025 per share on Friday, January 15th. This represents a $2.41 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date is Thursday, December 31st.
View Equity Residential's dividend history.

Equity Residential pays an annual dividend of $2.41 per share and currently has a dividend yield of 3.51%. Equity Residential has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Equity Residential is 69.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Equity Residential will have a dividend payout ratio of 79.28% in the coming year. This indicates that Equity Residential may not be able to sustain their current dividend.
View Equity Residential's dividend history.

Equity Residential issued an update on its first quarter earnings guidance on Wednesday, February, 10th. The company provided earnings per share (EPS) guidance of $0.65-0.69 for the period, compared to the Thomson Reuters consensus estimate of $0.74.

19 brokers have issued twelve-month price targets for Equity Residential's shares. Their forecasts range from $45.00 to $85.00. On average, they expect Equity Residential's stock price to reach $66.21 in the next twelve months. This suggests that the stock has a possible downside of 2.6%.
View analysts' price targets for Equity Residential or view top-rated stocks among Wall Street analysts.

88 employees have rated Equity Residential CEO Mark Parrell on Glassdoor.com. Mark Parrell has an approval rating of 90% among Equity Residential's employees.

Some companies that are related to Equity Residential include AvalonBay Communities (AVB), Essex Property Trust (ESS), Sun Communities (SUI), Mid-America Apartment Communities (MAA), UDR (UDR), Equity LifeStyle Properties (ELS), Camden Property Trust (CPT), American Campus Communities (ACC), UMH Properties (UMH) and Apartment Investment and Management (AIV).
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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), Bank of America (BAC), NVIDIA (NVDA), AbbVie (ABBV), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Simon Property Group (SPG) and American Tower (AMT).

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

Equity Residential's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.59%), Norges Bank (7.74%), Price T Rowe Associates Inc. MD (4.47%), Northern Trust Corp (1.93%), Long Pond Capital LP (1.64%) and Dimensional Fund Advisors LP (1.62%). Company insiders that own Equity Residential stock include Alan W George, Alexander Brackenridge, Barry Altshuler, Charles L Atwood, Christa L Sorenson, David J Neithercut, 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 PGGM Investments, BlackRock Inc., Renaissance Technologies LLC, Principal Financial Group Inc., Principal Financial Group Inc., Nuveen Asset Management LLC, Heitman Real Estate Securities LLC, and Sumitomo Mitsui Trust Holdings Inc..
View insider buying and selling activity for Equity Residential or view top insider-selling stocks.

EQR stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Price T Rowe Associates Inc. MD, Long Pond Capital LP, Resolution Capital Ltd, Brookfield Asset Management Inc., Canada Pension Plan Investment Board, Daiwa Securities Group Inc., and Schf GPE LLC.
View insider buying and selling activity for Equity Residential or or view top insider-buying stocks.

Shares of EQR 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.
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One share of EQR stock can currently be purchased for approximately $67.97.

Equity Residential has a market capitalization of $25.33 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 2,600 workers across the globe.

Equity Residential was founded in 1967.

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

Equity Residential is headquartered at TWO NORTH RIVERSIDE PLAZA SUITE 400, CHICAGO IL, 60606.

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]