NYSE:EQREquity Residential Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Equity Residential Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $61.29 +0.73 (+1.21 %) (As of 06/1/2020 12:16 PM ET) Add Compare Share Today's Range$59.82Now: $61.29▼$61.3650-Day Range$57.13MA: $63.11▼$69.7952-Week Range$49.62Now: $61.29▼$89.55Volume64,305 shsAverage Volume3.29 million shsMarket Capitalization$22.81 billionP/E Ratio19.52Dividend Yield3.98%Beta0.63 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.9 Analyst's Opinion Consensus RatingEquity Residential has received a consensus rating of Hold. The company's average rating score is 1.88, and is based on 1 buy rating, 12 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $72.77, Equity Residential has a potential upside of 18.7% from its current price of $61.29.Amount of Analyst CoverageEquity Residential has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.8 Community Rank Outperform VotesEquity Residential has received 455 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEquity Residential has received 838 “underperform” votes. (Add your “underperform” vote.)Community SentimentEquity Residential has received 64.81% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipEquity Residential is a leading dividend payer. It pays a dividend yield of 3.98%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEquity Residential has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Equity Residential is 69.05 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Equity Residential will have a dividend payout ratio of 68.66 % next year. This indicates that Equity Residential will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Equity Residential insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.40% of the stock of Equity Residential is held by insiders.Percentage Held by Institutions88.30% of the stock of Equity Residential is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Equity Residential are expected to grow by 3.85% in the coming year, from $3.38 to $3.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equity Residential is 19.52, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 19.52, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.95.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 3.89. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEquity Residential has a P/B Ratio of 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.9Community Rank: 1.8Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.94 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryResidential REITs SectorFinance Current SymbolNYSE:EQR Previous Symbol CUSIP29476L10 CIK906107 Webwww.eqr.com Phone312-474-1300Debt Debt-to-Equity Ratio0.80 Current Ratio0.36 Quick Ratio0.36Price-To-Earnings Trailing P/E Ratio19.52 Forward P/E Ratio18.13 P/E Growth3.89 Sales & Book Value Annual Sales$2.70 billion Price / Sales8.44 Cash Flow$5.07 per share Price / Cash Flow12.10 Book Value$28.29 per share Price / Book2.17Profitability EPS (Most Recent Fiscal Year)$3.49 Net Income$970.38 million Net Margins43.16% Return on Equity11.20% Return on Assets5.58%Miscellaneous Employees2,700 Outstanding Shares372,130,000Market Cap$22.81 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable EQR Rates by TradingView Receive EQR News and Ratings via Email Sign-up to receive the latest news and ratings for EQR and its competitors with MarketBeat's FREE daily newsletter. Equity Residential (NYSE:EQR) Frequently Asked Questions How has Equity Residential's stock been impacted by COVID-19 (Coronavirus)? 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. Since then, EQR shares have decreased by 18.4% and is now trading at $61.29. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Equity Residential? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 3 sell ratings, 12 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Equity Residential. When is Equity Residential's next earnings date? Equity Residential is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Equity Residential. How were Equity Residential's earnings last quarter? Equity Residential (NYSE:EQR) issued its quarterly earnings data on Tuesday, May, 5th. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.87 by $0.04. The real estate investment trust had revenue of $682.31 million for the quarter, compared to analyst estimates of $686.02 million. Equity Residential had a return on equity of 11.20% and a net margin of 43.16%. The firm's revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.82 EPS. View Equity Residential's earnings history. How often does Equity Residential pay dividends? What is the dividend yield for Equity Residential? Equity Residential announced a quarterly dividend on Thursday, March 12th. Shareholders of record on Monday, March 23rd will be given a dividend of $0.6025 per share on Monday, April 13th. This represents a $2.41 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date is Friday, March 20th. This is a positive change from Equity Residential's previous quarterly dividend of $0.57. View Equity Residential's dividend history. What price target have analysts set for EQR? 16 brokerages have issued 1 year price targets for Equity Residential's stock. Their forecasts range from $56.00 to $89.00. On average, they anticipate Equity Residential's stock price to reach $72.77 in the next twelve months. This suggests a possible upside of 18.7% from the stock's current price. View analysts' price targets for Equity Residential. Has Equity Residential been receiving favorable news coverage? News articles about EQR stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing 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 nearest to five being the most favorable. Equity Residential earned a news sentiment score of 1.0 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutEquity Residential. Are investors shorting Equity Residential? Equity Residential saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 4,810,000 shares, a decrease of 5.5% from the April 30th total of 5,090,000 shares. Based on an average trading volume of 2,570,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.3% of the shares of the stock are sold short. 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 AvalonBay Communities (AVB), Essex Property Trust (ESS), Mid-America Apartment Communities (MAA), Sun Communities (SUI), 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). View all 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 Exxon Mobil (XOM), NVIDIA (NVDA), Boeing (BA), Cisco Systems (CSCO), Simon Property Group (SPG), AT&T (T), Johnson & Johnson (JNJ), AbbVie (ABBV), Caterpillar (CAT) and Intel (INTC). Who are Equity Residential's key executives? Equity Residential's management team includes the following 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) What is Equity Residential's stock symbol? Equity Residential trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQR." Who are Equity Residential's major shareholders? Equity Residential's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.05%), State Street Corp (6.51%), APG Asset Management US Inc. (3.81%), Cohen & Steers Inc. (2.63%), Geode Capital Management LLC (1.87%) and PGGM Investments (1.74%). 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. Which major investors are selling Equity Residential stock? EQR stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Franklin Resources Inc., Squarepoint Ops LLC, Healthcare of Ontario Pension Plan Trust Fund, Wells Fargo & Company MN, Janus Henderson Group PLC, and Principal Financial Group Inc.. Company insiders that have sold Equity Residential company stock in the last year include Alan W George, Alexander Brackenridge, Barry Altshuler, Charles L Atwood, Christa L Sorenson, David J Neithercut, Ian Kaufman, Mark S Shapiro, Michael L Manelis, Robert Garechana, Samuel Zell, and Scott Fenster. View insider buying and selling activity 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., First Eagle Investment Management LLC, Invesco Ltd., Sumitomo Mitsui Trust Holdings Inc., Blackstone Group Inc, Canada Pension Plan Investment Board, JPMorgan Chase & Co., and Centersquare Investment Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Equity Residential's stock price today? One share of EQR stock can currently be purchased for approximately $61.29. How big of a company is Equity Residential? Equity Residential has a market capitalization of $22.81 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. What is Equity Residential's official website? The official website for Equity Residential is 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] This page was last updated on 6/1/2020 by MarketBeat.com Staff
