S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Safest Option in Trades! (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Safest Option in Trades! (Ad)pixel
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Apple’s Next “Star Product” Could Replace The iPhone? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Safest Option in Trades! (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Safest Option in Trades! (Ad)pixel
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Apple’s Next “Star Product” Could Replace The iPhone? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Safest Option in Trades! (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Safest Option in Trades! (Ad)pixel
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Apple’s Next “Star Product” Could Replace The iPhone? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Safest Option in Trades! (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Safest Option in Trades! (Ad)pixel
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Apple’s Next “Star Product” Could Replace The iPhone? (Ad)pixel
NYSE:EQR

Equity Residential - EQR Stock Forecast, Price & News

$79.96
+1.33 (+1.69%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$79.03
$79.99
50-Day Range
$68.74
$79.96
52-Week Range
$67.48
$94.32
Volume
914,816 shs
Average Volume
1.51 million shs
Market Capitalization
$30.07 billion
P/E Ratio
24.01
Dividend Yield
3.18%
Price Target
$84.65

Equity Residential MarketRank™ Forecast

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
5.9% Upside
$84.65 Price Target
Short Interest
Healthy
1.25% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.23
Upright™ Environmental Score
News Sentiment
-0.23mentions of Equity Residential in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$467,216 Sold Last Quarter
Proj. Earnings Growth
9.12%
From $3.51 to $3.83 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Finance Sector

490th out of 926 stocks

Real Estate Investment Trusts Industry

90th out of 195 stocks

EQR stock logo

About Equity Residential (NYSE:EQR) Stock

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.

Equity Residential Stock Up 1.7 %

Shares of EQR traded up $1.33 during midday trading on Friday, hitting $79.96. The company had a trading volume of 914,816 shares, compared to its average volume of 1,510,591. The company's 50-day simple moving average is $73.17 and its 200-day simple moving average is $80.98. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.24 and a current ratio of 0.24. Equity Residential has a 1 year low of $67.48 and a 1 year high of $94.32. The firm has a market capitalization of $30.07 billion, a P/E ratio of 24.01, a P/E/G ratio of 3.35 and a beta of 0.81.

Equity Residential Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 8th. Investors of record on Monday, June 27th were paid a $0.625 dividend. The ex-dividend date of this dividend was Friday, June 24th. This represents a $2.50 dividend on an annualized basis and a yield of 3.13%. Equity Residential's dividend payout ratio is currently 75.08%.

Analyst Upgrades and Downgrades

EQR has been the subject of several analyst reports. Jefferies Financial Group dropped their price target on shares of Equity Residential from $78.00 to $64.00 and set a "hold" rating for the company in a research note on Thursday, June 30th. Barclays cut their price objective on Equity Residential from $97.00 to $83.00 in a research report on Tuesday, May 10th. Scotiabank decreased their target price on shares of Equity Residential from $92.00 to $90.00 in a research report on Thursday, May 19th. Mizuho lowered their target price on shares of Equity Residential from $84.00 to $79.00 and set a "buy" rating for the company in a research note on Monday, June 27th. Finally, Evercore ISI set a $86.00 price target on shares of Equity Residential in a research note on Monday, June 20th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, Equity Residential presently has a consensus rating of "Hold" and an average target price of $84.65.

Insider Buying and Selling at Equity Residential

In other news, Director Mark S. Shapiro sold 6,665 shares of Equity Residential stock in a transaction on Friday, June 17th. The shares were sold at an average price of $70.10, for a total transaction of $467,216.50. Following the completion of the sale, the director now directly owns 12,497 shares of the company's stock, valued at approximately $876,039.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 2.30% of the company's stock.

Receive EQR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Equity Residential and its competitors with MarketBeat's FREE daily newsletter.

EQR Stock News Headlines

Equity Residential Lowers FY22 EPS Outlook
Equity Residential (EQR) Set to Announce Earnings on Tuesday
Equity Residential (NYSE:EQR) Downgraded by Piper Sandler
12 Analysts Have This to Say About Equity Residential
These 3 Stocks Are Exceptional Value Buys Right Now
See More Headlines
Receive EQR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Equity Residential and its competitors with MarketBeat's FREE daily newsletter.

EQR Company Calendar

Last Earnings
4/26/2022
Ex-Dividend for 7/8 Dividend
6/24/2022
Dividend Payable
7/08/2022
Today
8/14/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Residential REITs
Sector
Finance
CUSIP
29476L10
Employees
2,400
Year Founded
1967

Price Target and Rating

Average Stock Price Forecast
$84.65
High Stock Price Forecast
$104.00
Low Stock Price Forecast
$64.00
Forecasted Upside/Downside
+5.9%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
17 Analysts

Profitability

Net Income
$1.33 billion
Pretax Margin
50.59%

Debt

Sales & Book Value

Annual Sales
$2.46 billion
Cash Flow
$5.99 per share
Book Value
$29.42 per share

Miscellaneous

Free Float
367,467,000
Market Cap
$30.07 billion
Optionable
Optionable
Beta
0.81

Social Links















EQR Stock - Frequently Asked Questions

Should I buy or sell Equity Residential stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 1 sell rating, 10 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EQR shares. 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.
View EQR analyst ratings
or view top-rated stocks.

What is Equity Residential's stock price forecast for 2022?

17 equities research analysts have issued 1 year price targets for Equity Residential's shares. Their EQR share price forecasts range from $64.00 to $104.00. On average, they predict the company's share price to reach $84.65 in the next year. This suggests a possible upside of 5.9% from the stock's current price.
View analysts price targets for EQR
or view top-rated stocks among Wall Street analysts.

How have EQR shares performed in 2022?

Equity Residential's stock was trading at $90.50 on January 1st, 2022. Since then, EQR stock has decreased by 11.6% and is now trading at $79.96.
View the best growth stocks for 2022 here
.

When is Equity Residential's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our EQR earnings forecast
.

How were Equity Residential's earnings last quarter?

Equity Residential (NYSE:EQR) announced its quarterly earnings data on Tuesday, April, 26th. The real estate investment trust reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.80 by $0.61. Equity Residential had a trailing twelve-month return on equity of 11.39% and a net margin of 48.06%. During the same quarter last year, the company posted $0.68 earnings per share.
Read the conference call transcript
.

How often does Equity Residential pay dividends? What is the dividend yield for Equity Residential?

Equity Residential declared a quarterly dividend on Thursday, June 16th. Shareholders of record on Monday, June 27th will be paid a dividend of $0.625 per share on Friday, July 8th. This represents a $2.50 annualized dividend and a yield of 3.13%. The ex-dividend date of this dividend is Friday, June 24th.
Read our dividend analysis for EQR
.

Is Equity Residential a good dividend stock?

Equity Residential (NYSE:EQR) pays an annual dividend of $2.50 per share and currently has a dividend yield of 3.18%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 75.08%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EQR will have a dividend payout ratio of 65.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQR.

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

Equity Residential updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $3.48-$3.58 for the period. The company issued revenue guidance of -.

What is Mark Parrell's approval rating as Equity Residential's CEO?

88 employees have rated Equity Residential Chief Executive Officer Mark Parrell on Glassdoor.com. Mark Parrell has an approval rating of 90% among the company's employees.

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), 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).

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 Northern Trust Corp (1.49%), Principal Financial Group Inc. (0.54%), FMR LLC (0.42%), Swiss National Bank (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.38%) and Long Pond Capital LP (0.27%). Insiders that own company stock include Alan W George, Alexander Brackenridge, Bradley A Keywell, Charles L Atwood, Christa L Sorenson, Christa L Sorenson, David J Neithercut, Ian Kaufman, Linda Bynoe, Mark S Shapiro, Mary Kay Haben, Michael L Manelis, Michael L Manelis, Robert Garechana, Samuel Zell and Scott Fenster.
View institutional ownership trends
.

How do I buy shares of Equity Residential?

Shares of EQR stock 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.
Compare Top Brokerages Here.

What is Equity Residential's stock price today?

One share of EQR stock can currently be purchased for approximately $79.96.

How much money does Equity Residential make?

Equity Residential (NYSE:EQR) has a market capitalization of $30.07 billion and generates $2.46 billion in revenue each year. The real estate investment trust earns $1.33 billion in net income (profit) each year or $3.33 on an earnings per share basis.

How many employees does Equity Residential have?

The company employs 2,400 workers across the globe.

When was Equity Residential founded?

Equity Residential was founded in 1967.

How can I contact Equity Residential?

Equity Residential's mailing address is TWO NORTH RIVERSIDE PLAZA SUITE 400, CHICAGO IL, 60606. The official website for the company is www.eqr.com. The real estate investment trust can be reached via phone at (312) 474-1300, via email at mmckenna@eqrworld.com, or via fax at 312-454-8703.

This page (NYSE:EQR) was last updated on 8/14/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.