Equity Residential Stock Forecast, Price & News

Equity Residential's stock was trading at $75.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, EQR shares have decreased by 21.5% and is now trading at $58.99.
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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 4 sell ratings, 14 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Equity Residential or view MarketBeat's top 5 stock picks.

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 winning trading ideas this year 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 is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Equity Residential.

Equity Residential (NYSE:EQR) released its quarterly earnings data on Tuesday, October, 27th. The real estate investment trust reported $0.24 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.82 by $0.58. Equity Residential had a return on equity of 8.89% and a net margin of 35.97%.
View Equity Residential's earnings history.

Equity Residential announced a quarterly dividend on Tuesday, September 15th. Shareholders of record on Friday, September 25th will be given a dividend of $0.6025 per share on Friday, October 9th. This represents a $2.41 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date of this dividend is Thursday, September 24th.
View Equity Residential's dividend history.

21 brokers have issued 1 year price targets for Equity Residential's stock. Their forecasts range from $45.00 to $89.00. On average, they anticipate Equity Residential's share price to reach $65.94 in the next year. This suggests a possible upside of 11.8% from the stock's current price.
View analysts' price targets for Equity Residential.

Equity Residential saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 9,820,000 shares, an increase of 9.6% from the October 31st total of 8,960,000 shares. Based on an average daily trading volume, of 3,080,000 shares, the short-interest ratio is currently 3.2 days. Currently, 2.7% of the shares of the stock are sold short.
View Equity Residential's Short Interest.

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), Apartment Investment and Management (AIV), American Campus Communities (ACC) and UMH Properties (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), 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.32%), State Street Corp (5.73%), PGGM Investments (2.03%), Nuveen Asset Management LLC (1.07%), JPMorgan Chase & Co. (0.99%) and Principal Financial Group Inc. (0.96%). 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 Daiwa Securities Group Inc., State Street Corp, Morgan Stanley, Thrivent Financial for Lutherans, AQR Capital Management LLC, BlackRock Inc., Cubist Systematic Strategies LLC, and Allianz Asset Management GmbH. Company insiders that have sold Equity Residential company stock in the last year include Alexander Brackenridge, 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 bought by a variety of institutional investors in the last quarter, including Long Pond Capital LP, Aew Capital Management L P, PGGM Investments, BNP Paribas Arbitrage SA, AMF Pensionsforsakring AB, Jupiter Asset Management Ltd., Heitman Real Estate Securities LLC, and Nuveen Asset Management LLC.
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 $58.99.

Equity Residential has a market capitalization of $21.96 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]