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

$82.77
+1.13 (+1.38 %)
(As of 08/19/2019 04:00 PM ET)
Today's Range
$81.53
Now: $82.77
$82.91
50-Day Range
$75.86
MA: $79.20
$82.58
52-Week Range
$62.40
Now: $82.77
$82.91
Volume1.04 million shs
Average Volume1.35 million shs
Market Capitalization$30.70 billion
P/E Ratio25.47
Dividend Yield2.78%
Beta0.51
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, DC, Seattle, San Francisco, Southern California and Denver.

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$2.58 billion
Cash Flow$4.1530 per share
Book Value$27.89 per share

Profitability

Net Income$657.53 million

Miscellaneous

Employees2,700
Market Cap$30.70 billion
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable

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Equity Residential (NYSE:EQR) Frequently Asked Questions

What is Equity Residential's stock symbol?

Equity Residential trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQR."

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

Equity Residential declared a quarterly dividend on Tuesday, June 18th. Stockholders of record on Friday, June 28th will be given a dividend of $0.567 per share on Friday, July 12th. This represents a $2.27 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Thursday, June 27th. View Equity Residential's Dividend History.

How were Equity Residential's earnings last quarter?

Equity Residential (NYSE:EQR) posted its quarterly earnings results on Tuesday, July, 30th. The real estate investment trust reported $0.83 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.85 by $0.02. The real estate investment trust had revenue of $669.37 million for the quarter, compared to analysts' expectations of $667.59 million. Equity Residential had a return on equity of 7.21% and a net margin of 28.27%. The business's revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the company earned $0.81 EPS. View Equity Residential's Earnings History.

When is Equity Residential's next earnings date?

Equity Residential is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Equity Residential.

How can I listen to Equity Residential's earnings call?

Equity Residential will be holding an earnings conference call on Wednesday, October 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Equity Residential updated its FY19 earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of $3.43-3.49 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.40.

What price target have analysts set for EQR?

11 equities research analysts have issued 1-year price objectives for Equity Residential's shares. Their predictions range from $67.00 to $84.00. On average, they expect Equity Residential's stock price to reach $74.4156 in the next year. This suggests that the stock has a possible downside of 10.1%. View Analyst Price Targets for Equity Residential.

What is the consensus analysts' recommendation for Equity Residential?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Equity Residential.

Has Equity Residential been receiving favorable news coverage?

News articles about EQR stock have trended negative this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Equity Residential earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Equity Residential.

Are investors shorting Equity Residential?

Equity Residential saw a increase in short interest in July. As of July 31st, there was short interest totalling 5,156,700 shares, an increase of 10.2% from the June 30th total of 4,679,900 shares. Based on an average trading volume of 1,210,000 shares, the days-to-cover ratio is presently 4.3 days. Approximately 1.4% of the shares of the stock are short sold. 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 Cisco Systems (CSCO), NVIDIA (NVDA), Visa (V), Netflix (NFLX), Starbucks (SBUX), Boeing (BA), salesforce.com (CRM), Berkshire Hathaway (BRK.B), Procter & Gamble (PG) and Welltower (WELL).

Who are Equity Residential's key executives?

Equity Residential's management team includes the folowing 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)

Who are Equity Residential's major shareholders?

Equity Residential's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.04%), BlackRock Inc. (11.23%), APG Asset Management US Inc. (3.93%), Price T Rowe Associates Inc. MD (3.48%), Cohen & Steers Inc. (1.84%) and Northern Trust Corp (1.82%). Company insiders that own Equity Residential stock include Alan W George, Alexander Brackenridge, Barry Altshuler, Bruce C Strohm, Christa L Sorenson, David J Neithercut, David S Santee, Gerald A Spector, Ian Kaufman, Linda Bynoe, Mark J Parrell, Michael L Manelis, Robert Garechana, Samuel Zell and Scott Fenster. View Institutional Ownership Trends for Equity Residential.

Which institutional investors are selling Equity Residential stock?

EQR stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Heitman Real Estate Securities LLC, BlackRock Inc., Commonwealth Bank of Australia, PGGM Investments, Morgan Stanley, Los Angeles Capital Management & Equity Research Inc. and Westpac Banking Corp. Company insiders that have sold Equity Residential company stock in the last year include Alan W George, Alexander Brackenridge, Barry Altshuler, Christa L Sorenson, David J Neithercut, David S Santee, Gerald A Spector, Ian Kaufman, Linda Bynoe, Mark J Parrell, Michael L Manelis, Robert Garechana, Samuel Zell and Scott Fenster. View Insider Buying and Selling for Equity Residential.

Which institutional investors are buying Equity Residential stock?

EQR stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Nuveen Asset Management LLC, Daiwa Securities Group Inc., California Public Employees Retirement System, Duff & Phelps Investment Management Co., Prudential Financial Inc., Invesco Ltd. and Sumitomo Mitsui Trust Holdings Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Equity Residential's stock price today?

One share of EQR stock can currently be purchased for approximately $82.77.

How big of a company is Equity Residential?

Equity Residential has a market capitalization of $30.70 billion and generates $2.58 billion in revenue each year. The real estate investment trust earns $657.53 million in net income (profit) each year or $3.25 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:  1.7 out of 5 (star)
Outperform Votes:  410 (Vote Outperform)
Underperform Votes:  789 (Vote Underperform)
Total Votes:  1,199
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 8/19/2019 by MarketBeat.com Staff

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