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 (WHO). Since then, EQR stock has decreased by 23.3% and is now trading at $57.59. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 4 sell ratings, 12 hold ratings and 2 buy ratings 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) posted its quarterly earnings data on Tuesday, May, 5th. The real estate investment trust reported $0.83 EPS for the quarter, missing the consensus estimate of $0.87 by $0.04. The real estate investment trust earned $682.31 million during 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 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 EPS. View Equity Residential's earnings history.

Equity Residential announced a quarterly dividend on Wednesday, June 10th. Stockholders of record on Monday, June 22nd will be paid a dividend of $0.6025 per share on Friday, July 10th. This represents a $2.41 annualized dividend and a dividend yield of 4.18%. The ex-dividend date is Friday, June 19th. View Equity Residential's dividend history.

18 brokers have issued 1 year price targets for Equity Residential's shares. Their forecasts range from $55.00 to $89.00. On average, they anticipate Equity Residential's stock price to reach $71.40 in the next year. This suggests a possible upside of 24.0% from the stock's current price. View analysts' price targets for Equity Residential.

Press coverage about EQR stock has been trending negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Equity Residential earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Equity Residential.

Equity Residential saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 4,410,000 shares, a decrease of 16.6% from the June 15th total of 5,290,000 shares. Based on an average daily volume of 3,110,000 shares, the short-interest ratio is presently 1.4 days. Currently, 1.2% 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), Sun Communities (SUI), Mid-America Apartment Communities (MAA), 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 a variety of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.07%), Pensionfund DSM Netherlands (0.02%), Robecosam AG (0.01%), Truehand Inc (0.01%), Municipal Employees Retirement System of Michigan (0.00%) and Cox Capital Mgt LLC (0.00%). 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 Robecosam AG, and Truehand Inc. Company insiders that have sold Equity Residential company stock in the last year include Alan W George, Alexander Brackenridge, 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 acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Cox Capital Mgt LLC, Pensionfund DSM Netherlands, Municipal Employees Retirement System of Michigan, and Ellevest Inc.. 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 $57.59.

Equity Residential has a market capitalization of $21.43 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]