NYSE:EQR - Equity Residential Stock Price, News, & Analysis

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$77.19 +0.08 (+0.10 %)
(As of 05/26/2019 10:54 AM ET)
Previous Close$77.19
Today's Range$77.11 - $77.64
52-Week Range$60.58 - $77.69
Volume779,912 shs
Average Volume963,076 shs
Market Capitalization$28.60 billion
P/E Ratio23.75
Dividend Yield2.97%
Beta0.58
Equity Residential is an S&P 500 company focused on the acquisition, development and management of rental apartment properties located in urban and high-density suburban markets where today's renters want to live, work and play. Equity Residential owns or has investments in 307 properties consisting of 79,482 apartment units, primarily located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
CUSIP29476L10
Phone312-474-1300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.58 billion
Cash Flow$4.1168 per share
Book Value$27.61 per share

Profitability

Net Income$657.53 million

Miscellaneous

Employees2,700
Market Cap$28.60 billion
Next Earnings Date7/23/2019 (Estimated)
OptionableOptionable

Equity Residential (NYSE:EQR) Frequently Asked Questions

What is Equity Residential's stock symbol?

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

How often does Equity Residential pay dividends? What is the dividend yield for Equity Residential?

Equity Residential announced a quarterly dividend on Friday, March 15th. Stockholders of record on Monday, March 25th will be paid a dividend of $0.5675 per share on Friday, April 12th. This represents a $2.27 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date is Friday, March 22nd. This is a positive change from Equity Residential's previous quarterly dividend of $0.54. View Equity Residential's Dividend History.

How were Equity Residential's earnings last quarter?

Equity Residential (NYSE:EQR) issued its quarterly earnings data on Tuesday, April, 30th. The real estate investment trust reported $0.28 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.81 by $0.53. The real estate investment trust earned $662.30 million during the quarter, compared to analyst estimates of $655 million. Equity Residential had a return on equity of 5.31% and a net margin of 21.10%. The business's revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the company posted $0.77 EPS. View Equity Residential's Earnings History.

When is Equity Residential's next earnings date?

Equity Residential is scheduled to release their next quarterly earnings announcement on Tuesday, July 23rd 2019. View Earnings Estimates for Equity Residential.

What guidance has Equity Residential issued on next quarter's earnings?

Equity Residential issued an update on its FY19 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of $3.34 -3.44 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.40. Equity Residential also updated its Q2 guidance to $0.82-0.86 EPS.

What price target have analysts set for EQR?

15 equities research analysts have issued twelve-month price targets for Equity Residential's shares. Their forecasts range from $66.00 to $84.00. On average, they expect Equity Residential's stock price to reach $72.4415 in the next twelve months. This suggests that the stock has a possible downside of 6.2%. View Analyst Price Targets for Equity Residential.

What is the consensus analysts' recommendation for Equity Residential?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 1 sell rating, 10 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Equity Residential.

Has Equity Residential been receiving favorable news coverage?

News stories about EQR stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media 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 closest to five being the most favorable. Equity Residential earned a news impact score of -2.0 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the stock's share price in the near term.

Who are some of Equity Residential's key competitors?

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), salesforce.com (CRM), Netflix (NFLX), NVIDIA (NVDA), Exxon Mobil (XOM), Starbucks (SBUX), Visa (V), Intel (INTC), Boeing (BA) and Caterpillar (CAT).

Who are Equity Residential's key executives?

Equity Residential's management team includes the folowing people:
  • Mr. Samuel Zell J.D., Founder & Chairman (Age 77)
  • Mr. Mark J. Parrell, Pres, CEO & Trustee (Age 52)
  • Mr. Alan W. George, Exec. VP & Chief Investment Officer (Age 61)
  • Mr. David S. Santee, Exec. VP of Property Operations (Age 60)
  • Mr. Robert A. Garechana, Exec. VP & CFO (Age 40)

Who are Equity Residential's major shareholders?

Equity Residential's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.39%), Macquarie Group Ltd. (3.02%), FMR LLC (2.71%), Northern Trust Corp (1.83%), Geode Capital Management LLC (1.71%) and PGGM Investments (1.57%). Company insiders that own Equity Residential stock include Alan W George, Alexander Brackenridge, Barry Altshuler, Bruce C Strohm, 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.

Which major investors are selling Equity Residential stock?

EQR stock was sold by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, JPMorgan Chase & Co., Renaissance Technologies LLC, Boston Partners, Daiwa Securities Group Inc., Cbre Clarion Securities LLC, Morgan Stanley and MERIAN GLOBAL INVESTORS UK Ltd. Company insiders that have sold Equity Residential company stock in the last year include Alan W George, Alexander Brackenridge, Barry Altshuler, Christa L Sorenson, David J Neithercut, David S Santee, Gerald A Spector, Ian Kaufman, Linda Bynoe, Mark J Parrell, Michael L Manelis, Robert Garechana, Samuel Zell and Scott Fenster. View Insider Buying and Selling for Equity Residential.

Which major investors are buying Equity Residential stock?

EQR stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Centersquare Investment Management LLC, BlackRock Inc., Zimmer Partners LP, Hexavest Inc., Janus Henderson Group PLC, Robeco Institutional Asset Management B.V. and California Public Employees Retirement System. View Insider Buying and Selling for Equity Residential.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Equity Residential's stock price today?

One share of EQR stock can currently be purchased for approximately $77.19.

How big of a company is Equity Residential?

Equity Residential has a market capitalization of $28.60 billion and generates $2.58 billion in revenue each year. The real estate investment trust earns $657.53 million in net income (profit) each year or $3.25 on an earnings per share basis. Equity Residential employs 2,700 workers across the globe.

What is Equity Residential's official website?

The official website for Equity Residential is http://www.eqr.com/.

How can I contact Equity Residential?

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]


MarketBeat Community Rating for Equity Residential (NYSE EQR)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  397 (Vote Outperform)
Underperform Votes:  778 (Vote Underperform)
Total Votes:  1,175
MarketBeat's community ratings are surveys of what our community members think about Equity Residential and other stocks. Vote "Outperform" if you believe EQR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EQR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/26/2019 by MarketBeat.com Staff

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