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 $54.75 -0.61 (-1.10 %) (As of 08/12/2020 04:00 PM ET) Add Compare Share Today's Range$54.48Now: $54.75▼$56.2850-Day Range$52.33MA: $56.42▼$60.8352-Week Range$49.62Now: $54.75▼$89.55Volume2.47 million shsAverage Volume2.60 million shsMarket Capitalization$20.38 billionP/E Ratio18.19Dividend Yield4.40%Beta0.56 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 3.9 Analyst's Opinion Consensus RatingEquity Residential has received a consensus rating of Hold. The company's average rating score is 1.85, and is based on 2 buy ratings, 13 hold ratings, and 5 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $69.18, Equity Residential has a potential upside of 26.3% from its current price of $54.75.Amount of Analyst CoverageEquity Residential has been the subject of 6 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 456 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEquity Residential has received 843 “underperform” votes. (Add your “underperform” vote.)Community SentimentEquity Residential has received 64.90% “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 4.40%, 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 72.59% 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 2.30% of the stock of Equity Residential is held by insiders.Percentage Held by Institutions88.26% 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 decrease by -0.90% in the coming year, from $3.35 to $3.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equity Residential is 18.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 18.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.57.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 4.06. 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 1.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.9Community Rank: 1.8Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.14 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 Ratio0.78 Current Ratio1.06 Quick Ratio1.06Price-To-Earnings Trailing P/E Ratio18.19 Forward P/E Ratio16.34 P/E Growth4.06 Sales & Book Value Annual Sales$2.70 billion Price / Sales7.54 Cash Flow$4.96 per share Price / Cash Flow11.03 Book Value$28.29 per share Price / Book1.94Profitability EPS (Most Recent Fiscal Year)$3.49 Net Income$970.38 million Net Margins41.64% Return on Equity10.62% Return on Assets5.37%Miscellaneous Employees2,700 Outstanding Shares372,210,000Market Cap$20.38 billion Next Earnings Date10/27/2020 (Estimated) OptionableOptionable $54.75 -0.61 (-1.10 %) (As of 08/12/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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 price 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 (WHO). Since then, EQR shares have decreased by 27.1% and is now trading at $54.75. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Equity Residential? 20 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 2 buy ratings 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, October 27th 2020. View our earnings forecast for Equity Residential. How were Equity Residential's earnings last quarter? Equity Residential (NYSE:EQR) announced its earnings results on Tuesday, July, 28th. The real estate investment trust reported $0.70 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.83 by $0.13. The real estate investment trust earned $653.53 million during the quarter, compared to analyst estimates of $661.89 million. Equity Residential had a net margin of 41.64% and a return on equity of 10.62%. The firm's revenue was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.86 EPS. View Equity Residential's earnings history. How often does Equity Residential pay dividends? What is the dividend yield for Equity Residential? Equity Residential declared a quarterly dividend on Wednesday, June 10th. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.6025 per share on Friday, July 10th. This represents a $2.41 dividend on an annualized basis and a yield of 4.40%. The ex-dividend date of this dividend is Friday, June 19th. View Equity Residential's dividend history. What price target have analysts set for EQR? 20 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 stock price to reach $69.18 in the next twelve months. This suggests a possible upside of 26.3% from the stock's current price. View analysts' price targets for Equity Residential. Has Equity Residential been receiving favorable news coverage? News headlines about EQR stock have trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media 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 negative five to five, with scores nearest to five being the most favorable. Equity Residential earned a news sentiment score of -1.2 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Equity Residential. Are investors shorting Equity Residential? Equity Residential saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 6,220,000 shares, an increase of 29.3% from the April 30th total of 4,810,000 shares. Based on an average trading volume of 2,940,000 shares, the short-interest ratio is presently 2.1 days. Approximately 1.7% of the company's stock are short sold. View Equity Residential's Short Interest. 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), Sun Communities (SUI), 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). 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 Cisco Systems (CSCO), NVIDIA (NVDA), AT&T (T), Intel (INTC), Boeing (BA), AbbVie (ABBV), Verizon Communications (VZ), Exxon Mobil (XOM), Broadcom (AVGO) and Bank of America (BAC). 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 a variety of institutional and retail investors. Top institutional investors include Macquarie Group Ltd. (2.75%), PGGM Investments (1.88%), Principal Financial Group Inc. (0.96%), Sumitomo Mitsui Trust Holdings Inc. (0.93%), First Eagle Investment Management LLC (0.90%) and Cbre Clarion Securities LLC (0.84%). 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 Resolution Capital Ltd, Russell Investments Group Ltd., Goldman Sachs Group Inc., Robeco Institutional Asset Management B.V., First Trust Advisors LP, Bank of New York Mellon Corp, Prudential Financial Inc., and Cbre Clarion Securities LLC. 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, 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 acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., First Eagle Investment Management LLC, PGGM Investments, MERIAN GLOBAL INVESTORS UK Ltd, Healthcare of Ontario Pension Plan Trust Fund, Macquarie Group Ltd., Avalon Investment & Advisory, and Jaguar Listed Property 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 $54.75. How big of a company is Equity Residential? Equity Residential has a market capitalization of $20.38 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 8/12/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
