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NYSE:EQR - Equity Residential Stock Price, Forecast & News

$62.68
+3.45 (+5.82 %)
(As of 03/29/2020 04:15 AM ET)
Today's Range
$57.01
Now: $62.68
$64.43
50-Day Range
$51.39
MA: $76.02
$87.01
52-Week Range
$49.62
Now: $62.68
$89.55
Volume2.83 million shs
Average Volume3.42 million shs
Market Capitalization$23.32 billion
P/E Ratio24.20
Dividend Yield4.07%
Beta0.55
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.
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Equity Residential logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
CUSIP29476L10
Phone312-474-1300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.70 billion
Cash Flow$5.29 per share
Book Value$28.29 per share

Profitability

Net Income$970.38 million

Miscellaneous

Employees2,700
Market Cap$23.32 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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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 Coronavirus reached pandemic status according to the World Health Organization. Since then, EQR stock has decreased by 16.5% and is now trading at $62.68. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Equity Residential?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 3 sell ratings, 8 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, May 5th 2020. View our earnings forecast for Equity Residential.

How were Equity Residential's earnings last quarter?

Equity Residential (NYSE:EQR) posted its earnings results on Tuesday, January, 28th. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by $0.12. The real estate investment trust had revenue of $683.91 million for the quarter, compared to analyst estimates of $685.87 million. Equity Residential had a return on equity of 9.36% and a net margin of 35.93%. The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.84 earnings per share. 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 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 dividend yield of 3.84%. The ex-dividend date of this dividend is Friday, March 20th. This is an increase from Equity Residential's previous quarterly dividend of $0.57. View Equity Residential's dividend history.

What guidance has Equity Residential issued on next quarter's earnings?

Equity Residential issued an update on its FY20 earnings guidance on Tuesday, January, 28th. The company provided EPS guidance of $3.59-3.69 for the period, compared to the Thomson Reuters consensus estimate of $3.63.

What price target have analysts set for EQR?

13 brokerages have issued 1-year target prices for Equity Residential's stock. Their forecasts range from $73.00 to $90.00. On average, they expect Equity Residential's share price to reach $83.16 in the next year. This suggests a possible upside of 32.7% 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 trended extremely negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring 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 closest to five being the most favorable. Equity Residential earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave news headlines 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 next several days. View the latest news aboutEquity Residential.

Are investors shorting Equity Residential?

Equity Residential saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 4,629,400 shares, a decline of 9.2% from the February 27th total of 5,100,000 shares. Based on an average daily trading volume, of 1,620,000 shares, the short-interest ratio is currently 2.9 days. Currently, 1.3% of the company's shares are sold short. View Equity Residential's Current Options Chain.

Who are some of Equity Residential's key 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 Boeing (BA), Exxon Mobil (XOM), Cisco Systems (CSCO), NVIDIA (NVDA), Johnson & Johnson (JNJ), Simon Property Group (SPG), AT&T (T), Bank of America (BAC), Visa (V) and Netflix (NFLX).

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 shareholders include State Street Corp (6.45%), Norges Bank (6.42%), Macquarie Group Ltd. (2.93%), FMR LLC (2.92%), Cohen & Steers Inc. (1.96%) and Geode Capital Management LLC (1.87%). 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 Cohen & Steers Inc., State Street Corp, FMR LLC, Resolution Capital Ltd, Goldman Sachs Group Inc., Russell Investments Group Ltd., Bank of New York Mellon Corp, and Prudential Financial 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 J Parrell, 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 bought by a variety of institutional investors in the last quarter, including Norges Bank, PGGM Investments, Macquarie Group Ltd., Renaissance Technologies LLC, Daiwa Securities Group Inc., Thrivent Financial for Lutherans, Geode Capital Management LLC, and Nuveen Asset 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 $62.68.

How big of a company is Equity Residential?

Equity Residential has a market capitalization of $23.32 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. View additional information about Equity Residential.

What is Equity Residential's official website?

The official website for Equity Residential is http://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]


MarketBeat Community Rating for Equity Residential (NYSE EQR)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  453 (Vote Outperform)
Underperform Votes:  828 (Vote Underperform)
Total Votes:  1,281
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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