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. $55.92 -0.26 (-0.46%) (As of 03/28/2023 04:33 PM ET) Add Compare Share Share Today's Range$55.47▼$56.4250-Day Range$55.46▼$66.5952-Week Range$54.60▼$94.32Volume1.37 million shsAverage Volume2.37 million shsMarket Capitalization$21.17 billionP/E Ratio27.15Dividend Yield4.74%Price Target$72.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Equity Residential MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside28.8% Upside$72.00 Price TargetShort InterestHealthy1.70% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.23Upright™ Environmental ScoreNews Sentiment0.53Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth4.84%From $3.72 to $3.90 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.2.97 out of 5 starsFinance Sector182nd out of 891 stocksReal Estate Investment Trusts Industry34th out of 190 stocks 4.1 Analyst's Opinion Consensus RatingEquity Residential has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 6 buy ratings, 8 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $72.00, Equity Residential has a forecasted upside of 28.8% from its current price of $55.92.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 4.0 Short Interest Percentage of Shares Shorted1.70% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Equity Residential has recently decreased by 2.02%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipEquity Residential is a leading dividend payer. It pays a dividend yield of 4.73%, 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 128.64%. 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 67.95% 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 2.5 News and Social Media Coverage News SentimentEquity Residential has a news sentiment score of 0.53. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Equity Residential this week, compared to 5 articles on an average week.Search Interest30 people have searched for EQR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Equity Residential to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 1.7 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 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Equity Residential are expected to grow by 4.84% in the coming year, from $3.72 to $3.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equity Residential is 27.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.83.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 27.15, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 139.28.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 2.86. 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 1.86. 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 HeadlinesMarch 28, 2023 | nasdaq.comGuru Fundamental Report for EQRMarch 26, 2023 | americanbankingnews.comEquity Residential (NYSE:EQR) Receives $72.00 Consensus Price Target from AnalystsMarch 28, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. 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Fortunately, there are a few key steps you can take to defend yourself …March 23, 2023 | barrons.comThese 10 Sustainable REITs Are Positioned for a ReboundMarch 22, 2023 | americanbankingnews.comEquity Residential (EQR) To Go Ex-Dividend on March 24thMarch 20, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Equity Residential (NYSE:EQR)March 18, 2023 | finance.yahoo.comDollar General and 5 More Companies That Raised Their Dividends This WeekMarch 17, 2023 | finance.yahoo.comEquity Residential (EQR) Announces 6.0% Hike in DividendMarch 28, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 17, 2023 | marketwatch.comEquity Residential stock falls Thursday, underperforms marketMarch 13, 2023 | marketwatch.comEquity Residential stock rises Monday, outperforms marketMarch 10, 2023 | msn.comThe Latest Analyst Ratings for Equity ResidentialMarch 1, 2023 | marketwatch.comEquity Residential stock falls Wednesday, underperforms marketMarch 1, 2023 | marketwatch.comEquity Residential stock falls Tuesday, underperforms marketMarch 1, 2023 | markets.businessinsider.comMorgan Stanley Reaffirms Their Hold Rating on Equity Residential (EQR)February 20, 2023 | finance.yahoo.comEquity Residential Publishes Investor PresentationFebruary 11, 2023 | finance.yahoo.comEquity Residential Full Year 2022 Earnings: Revenues In Line With ExpectationsFebruary 9, 2023 | msn.comEquity Residential FFO of $0.94 misses by $0.01, revenue of $699.7M misses by $2.49MFebruary 9, 2023 | msn.comEquity Residential posts slight Q4 FFO miss, issues 2023 guidanceFebruary 9, 2023 | finance.yahoo.comEquity Residential Reports Fourth Quarter 2022 ResultsFebruary 9, 2023 | finance.yahoo.comEquity Residential (EQR) Q4 FFO Match EstimatesFebruary 7, 2023 | finance.yahoo.comWould a Housing Crash Hurt Equity Residential's Earnings?February 6, 2023 | finance.yahoo.comIs a Beat in Store for Equity Residential (EQR) in Q4 Earnings?February 2, 2023 | bizjournals.comTampa Bay home equity continues to increase, despite home prices decliningJanuary 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' TerritorySee 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 Payable1/13/2023Ex-Dividend for 4/14 Dividend3/24/2023Today3/28/2023Dividend Payable4/14/2023Next Earnings (Estimated)4/25/2023Fiscal 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$72.00 High Stock Price Forecast$91.00 Low Stock Price Forecast$58.00 Forecasted Upside/Downside+28.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$2.06 Trailing P/E Ratio27.12 Forward P/E Ratio15.02 P/E Growth2.86Net Income$776.91 million Net Margins28.40% Pretax Margin29.72% Return on Equity6.96% Return on Assets3.80% Debt Debt-to-Equity Ratio0.65 Current Ratio0.33 Quick Ratio0.33 Sales & Book Value Annual Sales$2.74 billion Price / Sales7.73 Cash Flow$4.48 per share Price / Cash Flow12.48 Book Value$30.02 per share Price / Book1.86Miscellaneous Outstanding Shares378,600,000Free Float369,895,000Market Cap$21.15 billion OptionableOptionable Beta0.80 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:AVBMid-America Apartment CommunitiesNYSE:MAASun CommunitiesNYSE:SUIEssex Property TrustNYSE:ESSUDRNYSE:UDRView All CompetitorsInsiders & InstitutionsNeo Ivy Capital ManagementBought 20,070 shares on 3/27/2023Ownership: 0.005%Victory Capital Management Inc.Sold 876 shares on 3/10/2023Ownership: 0.068%Rockefeller Capital Management L.P.Sold 743 shares on 3/6/2023Ownership: 0.002%OLD Mission Capital LLCBought 471 shares on 3/6/2023Ownership: 0.000%Voya Investment Management LLCBought 7,226 shares on 2/28/2023Ownership: 0.036%View All Insider TransactionsView All Institutional Transactions EQR Stock - Frequently Asked Questions Should I buy or sell Equity Residential stock right now? 16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last twelve months. There are currently 2 sell ratings, 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities 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 2023? 16 Wall Street analysts have issued 1-year target prices for Equity Residential's stock. Their EQR share price forecasts range from $58.00 to $91.00. On average, they predict the company's stock price to reach $72.00 in the next year. This suggests a possible upside of 28.2% 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 on January 1st, 2023. Since then, EQR stock has decreased by 4.8% and is now trading at $56.18. View the best growth stocks for 2023 here. Are investors shorting Equity Residential? Equity Residential saw a decrease in short interest during the month of February. As of February 28th, there was short interest totaling 6,430,000 shares, a decrease of 21.0% from the February 13th total of 8,140,000 shares. Based on an average trading volume of 2,480,000 shares, the short-interest ratio is presently 2.6 days. Approximately 1.7% of the shares of the company 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 Tuesday, April 25th 2023. View our EQR earnings forecast. How were Equity Residential's earnings last quarter? Equity Residential (NYSE:EQR) released its quarterly earnings data 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 net margin of 28.40% and a trailing twelve-month return on equity of 6.96%. During the same quarter last year, the business posted $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 declared a quarterly dividend on Thursday, March 16th. Investors of record on Monday, March 27th will be given a dividend of $0.6625 per share on Friday, April 14th. This represents a $2.65 annualized dividend and a dividend yield of 4.72%. The ex-dividend date of this dividend is Friday, March 24th. This is a boost from the stock's previous quarterly dividend of $0.63. Read our dividend analysis for EQR. What ETFs hold Equity Residential's stock? ETFs with the largest weight of Equity Residential (NYSE:EQR) stock in their portfolio include Residential REIT Income ETF (HAUS), Kelly Residential & Apartment Real Estate ETF (RESI), ETFB Green SRI REITs ETF (RITA), iShares Residential and Multisector Real Estate ETF (REZ), Nuveen Short-Term REIT ETF (NURE), SP Funds S&P Global REIT Sharia ETF (SPRE), ALPS Active REIT ETF (REIT) and FlexShares Global Quality Real Estate Index Fund (GQRE). Is Equity Residential a good dividend stock? Equity Residential (NYSE:EQR) pays an annual dividend of $2.65 per share and currently has a dividend yield of 4.73%. EQR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 128.64%. 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 67.95% 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 issued an update on its first quarter 2023 earnings guidance on Thursday, February, 9th. The company provided earnings per share guidance of $0.84-$0.88 for the period, compared to the consensus EPS estimate of $0.90. 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 number of institutional and retail investors. Top institutional shareholders include Norges Bank (8.17%), Price T Rowe Associates Inc. MD (4.41%), JPMorgan Chase & Co. (2.03%), Geode Capital Management LLC (2.03%), Resolution Capital Ltd (2.02%) and First Eagle Investment Management LLC (2.00%). 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 $56.18. How much money does Equity Residential make? Equity Residential (NYSE:EQR) has a market capitalization of $21.27 billion and generates $2.74 billion in revenue each year. The real estate investment trust earns $776.91 million in net income (profit) each year or $2.06 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 3/28/2023 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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