NYSE:EQREquity Residential Stock Price, Forecast & News

Equity Residential's stock was trading at $75.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, EQR shares have decreased by 19.4% and is now trading at $60.56. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 3 sell ratings, 12 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Equity Residential.

Equity Residential is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Equity Residential.

Equity Residential (NYSE:EQR) announced its quarterly earnings results on Tuesday, May, 5th. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by $0.04. The real estate investment trust had revenue of $682.31 million for the quarter, compared to analysts' expectations of $686.02 million. Equity Residential had a net margin of 43.16% and a return on equity of 11.20%. The business's quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.82 earnings per share. View Equity Residential's earnings history.

Equity Residential announced a quarterly dividend on Thursday, March 12th. Investors of record on Monday, March 23rd will be paid a dividend of $0.6025 per share on Monday, April 13th. This represents a $2.41 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date is Friday, March 20th. This is an increase from Equity Residential's previous quarterly dividend of $0.57. View Equity Residential's dividend history.

16 brokerages have issued 1-year price targets for Equity Residential's stock. Their forecasts range from $56.00 to $89.00. On average, they anticipate Equity Residential's share price to reach $72.77 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price. View analysts' price targets for Equity Residential.

Media headlines about EQR stock have trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Equity Residential earned a media sentiment score of -3.5 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutEquity Residential.

Equity Residential saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 4,810,000 shares, a decline of 5.5% from the April 30th total of 5,090,000 shares. Based on an average daily volume of 2,570,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.3% of the company's stock are short sold. View Equity Residential's Current Options Chain.

Some companies that are related to Equity Residential include AvalonBay Communities (AVB), Essex Property Trust (ESS), Mid-America Apartment Communities (MAA), Sun Communities (SUI), Equity Lifestyle Properties (ELS), UDR (UDR), Camden Property Trust (CPT), Apartment Investment and Management (AIV), American Campus Communities (ACC) and UMH PROPERTIES/SH SH (UMH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Equity Residential investors own include Exxon Mobil (XOM), NVIDIA (NVDA), Boeing (BA), Cisco Systems (CSCO), Simon Property Group (SPG), AT&T (T), Johnson & Johnson (JNJ), AbbVie (ABBV), Caterpillar (CAT) and Intel (INTC).

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

Equity Residential's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (11.05%), State Street Corp (6.51%), APG Asset Management US Inc. (3.81%), Cohen & Steers Inc. (2.63%), Geode Capital Management LLC (1.87%) and PGGM Investments (1.74%). 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.

EQR stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Franklin Resources Inc., Squarepoint Ops LLC, Healthcare of Ontario Pension Plan Trust Fund, Wells Fargo & Company MN, Janus Henderson Group PLC, and Principal Financial Group 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 S Shapiro, Michael L Manelis, Robert Garechana, Samuel Zell, and Scott Fenster. View insider buying and selling activity for Equity Residential.

EQR stock was bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., First Eagle Investment Management LLC, Invesco Ltd., Sumitomo Mitsui Trust Holdings Inc., Blackstone Group Inc, Canada Pension Plan Investment Board, JPMorgan Chase & Co., and Centersquare Investment Management LLC. View insider buying and selling activity for 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.

One share of EQR stock can currently be purchased for approximately $60.56.

Equity Residential has a market capitalization of $22.54 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.

The official website for Equity Residential is www.eqr.com.

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]