Equity Residential - EQR Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last twelve months. There are currently 2 sell ratings, 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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.

15 equities research analysts have issued 12 month price targets for Equity Residential's stock. Their EQR share price forecasts range from $58.00 to $91.00. On average, they predict the company's share price to reach $71.56 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for EQR or view top-rated stocks among Wall Street analysts.

Equity Residential's stock was trading at $59.00 on January 1st, 2023. Since then, EQR shares have increased by 9.7% and is now trading at $64.73.
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Equity Residential saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 6,840,000 shares, an increase of 38.5% from the December 31st total of 4,940,000 shares. Based on an average trading volume of 2,290,000 shares, the short-interest ratio is presently 3.0 days. Currently, 1.8% of the shares of the company are sold short.
View Equity Residential's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our EQR earnings forecast.

Equity Residential will be holding an earnings conference call on Friday, February 10th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Equity Residential (NYSE:EQR) issued its quarterly earnings data on Tuesday, April, 26th. The real estate investment trust reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.80 by $0.61. Equity Residential had a trailing twelve-month return on equity of 10.31% and a net margin of 42.71%. During the same quarter last year, the company earned $0.68 EPS.
Read the conference call transcript.

Equity Residential announced a quarterly dividend on Thursday, December 15th. Investors of record on Tuesday, January 3rd will be paid a dividend of $0.625 per share on Friday, January 13th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Friday, December 30th.
Read our dividend analysis for EQR.

Equity Residential (NYSE:EQR) pays an annual dividend of $2.50 per share and currently has a dividend yield of 3.91%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 82.24%. 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 66.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQR.

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.

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).

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 Sumitomo Mitsui Trust Holdings Inc. (0.36%), Strs Ohio (0.17%), New York State Common Retirement Fund (0.10%), New York State Teachers Retirement System (0.09%), State of Alaska Department of Revenue (0.07%) and Nisa Investment Advisors LLC (0.06%). 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.

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.
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One share of EQR stock can currently be purchased for approximately $64.73.

Equity Residential (NYSE:EQR) has a market capitalization of $24.46 billion and generates $2.46 billion in revenue each year. The real estate investment trust earns $1.33 billion in net income (profit) each year or $3.04 on an earnings per share basis.

The company employs 2,400 workers across the globe.

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.