NYSE:EQR Equity Residential (EQR) Stock Forecast, Price & News $60.79 +0.77 (+1.28%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$60.30▼$61.4350-Day Range$55.46▼$63.6652-Week Range$54.60▼$80.89Volume3.56 million shsAverage Volume2.07 million shsMarket Capitalization$23.03 billionP/E Ratio25.02Dividend Yield4.36%Price Target$70.18 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Equity Residential MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside15.3% Upside$70.12 Price TargetShort InterestHealthy1.61% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.23Upright™ Environmental ScoreNews Sentiment0.37Based on 12 Articles This WeekInsider TradingSelling Shares$2.63 M Sold Last QuarterProj. Earnings Growth3.48%From $3.74 to $3.87 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.2.37 out of 5 starsFinance Sector520th out of 901 stocksReal Estate Investment Trusts Industry100th out of 190 stocks 2.1 Analyst's Opinion Consensus RatingEquity Residential has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 6 buy ratings, 9 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.12, Equity Residential has a forecasted upside of 15.3% from its current price of $60.79.Amount of Analyst CoverageEquity Residential has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.61% 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 3.5, 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 0.99%, 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 4.44%, 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 109.05%. 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 68.48% 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 1.9 News and Social Media Coverage News SentimentEquity Residential has a news sentiment score of 0.37. 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 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Equity Residential this week, compared to 5 articles on an average week.Search InterestOnly 6 people have searched for EQR on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Equity Residential to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% 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 $2,627,151.00 in company stock.Percentage Held by InsidersOnly 1.69% 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 3.48% in the coming year, from $3.74 to $3.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equity Residential is 25.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 25.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 163.88.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 3.24. 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 2.04. 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 HeadlinesMay 5, 2023 | marketbeat.comRealty Income Trades At Decade Low Valuations, Worth The Yield? (EQR)Realty Income is trading at decade low valuations, with management increasing investment budgets at these cap rates investors may see new highs in the stockMay 4, 2023 | marketbeat.comSimon Property Group Could Be a High Yield Savings AccountSimon Property Group is giving investors the best of both worlds, as its market value seems undervalued while the stock pays one of its highest dividend yieldsJune 1, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 31, 2023 | finance.yahoo.comEquity Residential (EQR) Boosts 2023 View on Strong DemandMay 31, 2023 | markets.businessinsider.comBarclays Remains a Hold on Equity Residential (EQR)May 30, 2023 | msn.comEquity Residential boosts 2023 guidance, helped by strong demand in New YorkMay 29, 2023 | americanbankingnews.comEquity Residential (NYSE:EQR) Rating Lowered to Underperform at Raymond JamesMay 26, 2023 | msn.comRaymond James Downgrades Equity Residential Properties Trust (EQR)June 1, 2023 | Vantage Point (Ad)Having Trouble in Your Trading?If you’re having issues in your trading, it could be that it's not you - it really is the market… Well, you’re in control. You can sit on the sideline when it feels right or anticipate massive trend reversals with A.I. like I’ll show you in this upcoming FREE Live A.I. Stock Market Training. May 25, 2023 | finance.yahoo.comEquity Residential (EQR) Down 1% Since Last Earnings Report: Can It Rebound?May 23, 2023 | americanbankingnews.comMizuho Lowers Equity Residential (NYSE:EQR) Price Target to $68.00May 22, 2023 | finance.yahoo.comEquity Residential (EQR) Prospects Defy High Interest RatesMay 19, 2023 | bizjournals.comBillionaire, Equity Residential founder Sam Zell dies at 81May 19, 2023 | msn.comSam Zell — real estate mogul— dies at 81May 19, 2023 | bizjournals.comChicago billionaire, Equity Residential founder Sam Zell dies at 81May 19, 2023 | msn.comBillionaire real estate investor Sam Zell dies at 81May 19, 2023 | msn.comEquity Residential founder Sam Zell dies at 81May 18, 2023 | businesswire.comSam Zell 1941 – 2023May 18, 2023 | finance.yahoo.comEquity Residential Mourns Death of Founder and Chairman Samuel ZellMay 18, 2023 | finance.yahoo.comSam Zell, billionaire real estate investor, dies at 81May 18, 2023 | finance.yahoo.comUPDATE 3-Sam Zell, billionaire real estate investor, dies at 81May 18, 2023 | finance.yahoo.comSam Zell, Legendary Real-Estate Investor, Dies at 81May 18, 2023 | finance.yahoo.comReal Estate Mogul Samuel Zell Dead at 81May 18, 2023 | americanbankingnews.comEquity Residential (NYSE:EQR) Coverage Initiated by Analysts at StockNews.comMay 15, 2023 | americanbankingnews.comEquity Residential (NYSE:EQR) Receives $71.50 Consensus Price Target from BrokeragesMay 13, 2023 | americanbankingnews.comZacks Research Analysts Cut Earnings Estimates for Equity Residential (NYSE:EQR)May 8, 2023 | marketwatch.comEquity Residential stock underperforms Monday when compared to competitorsSee 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 4/14 Dividend3/24/2023Dividend Payable4/14/2023Today6/01/2023Next Earnings (Estimated)7/25/2023Fiscal 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$70.12 High Stock Price Forecast$91.00 Low Stock Price Forecast$58.00 Forecasted Upside/Downside+15.4%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)$2.43 Trailing P/E Ratio25.02 Forward P/E Ratio16.25 P/E Growth3.24Net Income$776.91 million Net Margins32.95% Pretax Margin34.42% Return on Equity8.17% Return on Assets4.53% Debt Debt-to-Equity Ratio0.65 Current Ratio0.69 Quick Ratio0.69 Sales & Book Value Annual Sales$2.74 billion Price / Sales8.42 Cash Flow$4.57 per share Price / Cash Flow13.29 Book Value$29.85 per share Price / Book2.04Miscellaneous Outstanding Shares378,900,000Free Float372,502,000Market Cap$23.03 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:AVBMid-America Apartment CommunitiesNYSE:MAASun CommunitiesNYSE:SUIEssex Property TrustNYSE:ESSUDRNYSE:UDRView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 20,685 shares on 5/26/2023Ownership: 0.023%Toroso Investments LLCBought 15,456 shares on 5/23/2023Ownership: 0.018%Ameriprise Financial Inc.Bought 10,021 shares on 5/22/2023Ownership: 0.082%Putnam Investments LLCSold 759 shares on 5/22/2023Ownership: 0.013%JPMorgan Chase & Co.Sold 1,202,465 shares on 5/18/2023Ownership: 1.705%View All Insider TransactionsView All Institutional Transactions EQR Stock - Frequently Asked Questions Should I buy or sell Equity Residential stock right now? 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 3 sell ratings, 9 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? 18 equities research analysts have issued 1-year target prices for Equity Residential's shares. Their EQR share price forecasts range from $58.00 to $91.00. On average, they expect the company's stock price to reach $70.12 in the next twelve months. This suggests a possible upside of 15.3% 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 the year. Since then, EQR shares have increased by 3.0% and is now trading at $60.79. 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 April. As of April 15th, there was short interest totaling 6,230,000 shares, an increase of 8.5% from the March 31st total of 5,740,000 shares. Based on an average daily trading volume, of 2,050,000 shares, the short-interest ratio is presently 3.0 days. Currently, 1.7% of the shares of the 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 Tuesday, July 25th 2023. 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 EPS for the quarter, missing analysts' consensus estimates of $0.80 by $0.61. Equity Residential had a net margin of 32.95% and a trailing twelve-month return on equity of 8.17%. During the same quarter last year, the business 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, March 16th. Stockholders of record on Monday, March 27th will be paid a dividend of $0.6625 per share on Friday, April 14th. This represents a $2.65 annualized dividend and a dividend yield of 4.36%. 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 Invesco S&P 500 Equal Weight Real Estate ETF (EWRE). 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 4.44%. 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 109.05%. 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 68.48% 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 FY23 earnings guidance on Tuesday, May, 30th. The company provided EPS guidance of 3.73-3.83 for the period, compared to the consensus earnings per share estimate of $3.75. 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.94%), State Street Corp (6.59%), Price T Rowe Associates Inc. MD (4.77%), APG Asset Management US Inc. (3.09%), Macquarie Group Ltd. (2.09%) and Geode Capital Management LLC (2.07%). 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 $60.79. How much money does Equity Residential make? Equity Residential (NYSE:EQR) has a market capitalization of $23.03 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 $2.43 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.