NYSE:EQR Equity Residential - EQR Stock Forecast, Price & News Adding Choose a watchlist: 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. $64.73 -1.62 (-2.44%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$63.97▼$65.3050-Day Range$57.47▼$66.3552-Week Range$57.38▼$94.32Volume1.82 million shsAverage Volume2.91 million shsMarket Capitalization$24.46 billionP/E Ratio21.29Dividend Yield3.86%Price Target$71.56 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Equity Residential MarketRank™ ForecastAnalyst RatingHold2.27 Rating ScoreUpside/Downside10.6% Upside$71.56 Price TargetShort InterestHealthy1.84% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.23Upright™ Environmental ScoreNews Sentiment0.42Based on 8 Articles This WeekInsider TradingSelling Shares$2.51 M Sold Last QuarterProj. Earnings Growth7.10%From $3.52 to $3.77 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.83 out of 5 starsFinance Sector79th out of 854 stocksReal Estate Investment Trusts Industry14th out of 189 stocks 3.1 Analyst's Opinion Consensus RatingEquity Residential has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 6 buy ratings, 7 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $71.56, Equity Residential has a forecasted upside of 10.6% from its current price of $64.73.Amount of Analyst CoverageEquity Residential has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.84% of the float of Equity Residential has been sold short.Short Interest Ratio / Days to CoverEquity Residential has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Equity Residential has recently increased by 38.46%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipEquity Residential is a leading dividend payer. It pays a dividend yield of 3.86%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEquity Residential has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Equity Residential is 82.24%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Equity Residential will have a dividend payout ratio of 66.31% next year. This indicates that Equity Residential will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEquity Residential has received a 23.62% net impact score from Upright. Equity Residential seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is false driven by its "Real estate funds investing in rental apartments" and "Real estate development services of apartment buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for Equity Residential is -2.23. Previous Next 3.0 News and Social Media Coverage News SentimentEquity Residential has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Equity Residential this week, compared to 4 articles on an average week.Search Interest25 people have searched for EQR on MarketBeat in the last 30 days. This is an increase of 525% compared to the previous 30 days.MarketBeat Follows4 people have added Equity Residential to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Equity Residential insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,510,000.00 in company stock.Percentage Held by InsidersOnly 2.30% of the stock of Equity Residential is held by insiders.Percentage Held by Institutions82.62% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Equity Residential are expected to grow by 7.10% in the coming year, from $3.52 to $3.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equity Residential is 21.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 21.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 182.87.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 2.68. 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 2.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Equity Residential (NYSE:EQR) StockEquity Residential operates as a real estate investment trust. It engages in the acquisition, development, and management of rental apartment properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The company was founded by Robert H. Lurie and Sam Zell in March 1993 and is headquartered in Chicago, IL.Read More 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. Email Address EQR Stock News HeadlinesFebruary 4, 2023 | americanbankingnews.comBrokerages Set Equity Residential (NYSE:EQR) Price Target at $71.56February 2, 2023 | bizjournals.comTampa Bay home equity continues to increase, despite home prices decliningFebruary 5, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 31, 2023 | finance.yahoo.comShould You Exit Your Position in Equity Residential (EQR)?January 30, 2023 | finance.yahoo.comShould You Hold on to Equity Residential (EQR) Stock for Now?January 29, 2023 | seekingalpha.comEquity Residential Has Entered 'Buy' TerritoryJanuary 25, 2023 | finance.yahoo.comAnalysts Just Upgraded These 3 Apartment REITsJanuary 17, 2023 | seekingalpha.comTruist expects REITs to outperform broader market; upgrades AvalonBay, Equity ResidentialFebruary 5, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 17, 2023 | finance.yahoo.comRents Are Falling -- Is This a Problem for Equity Residential?January 11, 2023 | seekingalpha.comBTIG downgrades Equity Residential, Elme Communities as stocks trading at fair valueJanuary 9, 2023 | finance.yahoo.comEquity Residential Announces Fourth Quarter 2022 Earnings Release DateJanuary 9, 2023 | finance.yahoo.comEquity Residential (NYSE:EQR) shareholders have endured a 31% loss from investing in the stock a year agoDecember 26, 2022 | fool.comApartment Rents Are Beginning to Fall. Is This Bad News for Equity Residential?December 16, 2022 | theglobeandmail.comStocks Fall as Fed Officials Reinforce Hawkish ViewsDecember 16, 2022 | theglobeandmail.comStocks Fall as Central Banks Remain HawkishDecember 16, 2022 | investing.comBMO Capital Downgrades Equity Residential to UnderperformDecember 15, 2022 | marketwatch.comEquity Residential stock falls Thursday, still outperforms marketDecember 15, 2022 | seekingalpha.comResidential REITs: Wall Street Analyst Views For 2023December 14, 2022 | marketwatch.comEquity Residential stock outperforms market despite losses on the dayNovember 30, 2022 | reuters.comAirbnb has promise as the quasi-immobility firmNovember 30, 2022 | markets.businessinsider.com13 Analysts Have This to Say About Equity ResidentialNovember 21, 2022 | finance.yahoo.comJersey City Tenants Confront Landlord Over 40% Rent HikesNovember 16, 2022 | bizjournals.comSeparate suits allege price fixing in Seattle by apartment companiesNovember 8, 2022 | bizjournals.comWhere Toll Brothers is launching a $1.9B national apartment-building spreeNovember 8, 2022 | finance.yahoo.comRoutine Loan Deal Becomes an Ordeal as Bank Capital TightensNovember 8, 2022 | finance.yahoo.comWhy this developer is launching a $1.9B national apartment-building spree in DFWSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address EQR Company Calendar Last Earnings4/26/2022Ex-Dividend for 1/13 Dividend12/30/2022Dividend Payable1/13/2023Today2/05/2023Next Earnings (Confirmed)2/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryResidential REITs SectorFinance Current SymbolNYSE:EQR CUSIP29476L10 CIK906107 Webwww.eqr.com Phone(312) 474-1300Fax312-454-8703Employees2,400Year Founded1967Price Target and Rating Average Stock Price Forecast$71.56 High Stock Price Forecast$91.00 Low Stock Price Forecast$58.00 Forecasted Upside/Downside+10.6%Consensus RatingHold Rating Score (0-4)2.27 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$3.04 Trailing P/E Ratio21.29 Forward P/E Ratio18.39 P/E Growth2.68Net Income$1.33 billion Net Margins42.71% Pretax Margin45.04% Return on Equity10.31% Return on Assets5.53% Debt Debt-to-Equity Ratio0.67 Current Ratio0.20 Quick Ratio0.20 Sales & Book Value Annual Sales$2.46 billion Price / Sales9.93 Cash Flow$5.88 per share Price / Cash Flow11.00 Book Value$29.73 per share Price / Book2.18Miscellaneous Outstanding Shares377,920,000Free Float369,227,000Market Cap$24.46 billion OptionableOptionable Beta0.81 Social Links Key ExecutivesMark J. ParrellPresident, Chief Executive Officer & TrusteeMichael L. ManelisChief Operating Officer & Executive VPRobert A. GarechanaChief Financial Officer, Treasurer & Executive VPCatherine M. CarrawayChief Human Resources Officer & Executive VPScott J. FensterSecretary, Executive VP & General CounselKey CompetitorsAvalonBay CommunitiesNYSE:AVBSun CommunitiesNYSE:SUIMid-America Apartment CommunitiesNYSE:MAAEssex Property TrustNYSE:ESSUDRNYSE:UDRView All CompetitorsInsiders & InstitutionsSecurian Asset Management Inc.Bought 479 shares on 2/3/2023Ownership: 0.007%Nelson Capital Management LLCSold 339 shares on 2/3/2023Ownership: 0.007%OLD National Bancorp INSold 233 shares on 2/3/2023Ownership: 0.002%Klingman & Associates LLCBought 413 shares on 2/3/2023Ownership: 0.001%Ellevest Inc.Sold 1,284 shares on 2/3/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions EQR Stock - Frequently Asked Questions Should I buy or sell Equity Residential stock right now? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 2 sell ratings, 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 2023? 15 equities research analysts have issued twelve-month price targets for Equity Residential's shares. Their EQR share price forecasts range from $58.00 to $91.00. On average, they anticipate the company's share price to reach $71.56 in the next year. This suggests a possible upside of 10.6% 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 2023? Equity Residential's stock was trading at $59.00 at the beginning of 2023. Since then, EQR shares have increased by 9.7% and is now trading at $64.73. View the best growth stocks for 2023 here. Are investors shorting Equity Residential? Equity Residential saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 6,840,000 shares, an increase of 38.5% from the December 31st total of 4,940,000 shares. Based on an average daily trading volume, of 2,290,000 shares, the short-interest ratio is presently 3.0 days. Approximately 1.8% of the company's stock are short sold. View Equity Residential's Short Interest. When is Equity Residential's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023. View our EQR earnings forecast. How can I listen to Equity Residential's earnings call? Equity Residential will be holding an earnings conference call on Friday, February 10th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Equity Residential's earnings last quarter? Equity Residential (NYSE:EQR) issued its quarterly earnings results on Tuesday, April, 26th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.80 by $0.61. Equity Residential had a trailing twelve-month return on equity of 10.31% and a net margin of 42.71%. During the same period last year, the company earned $0.68 EPS. Read the conference call transcript. How often does Equity Residential pay dividends? What is the dividend yield for Equity Residential? Equity Residential announced a quarterly dividend on Thursday, December 15th. Stockholders of record on Tuesday, January 3rd will be given a dividend of $0.625 per share on Friday, January 13th. This represents a $2.50 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date is Friday, December 30th. 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 3.86%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 82.24%. 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 66.31% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for EQR. 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 many different retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.36%), Strs Ohio (0.17%), New York State Common Retirement Fund (0.10%), New York State Teachers Retirement System (0.09%), State of Alaska Department of Revenue (0.07%) and Nisa Investment Advisors LLC (0.06%). Insiders that own company stock include Alexander Brackenridge, Bradley A Keywell, 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 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 $64.73. How much money does Equity Residential make? Equity Residential (NYSE:EQR) has a market capitalization of $24.46 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 $3.04 on an earnings per share basis. How many employees does Equity Residential have? The company employs 2,400 workers across the globe. 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 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. 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