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MarketBeat Week in Review – 1/23- 1/27
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How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
Is This The End of Capitalism? (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
Is This The End of Capitalism? (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
Is This The End of Capitalism? (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
NYSE:EQR

Equity Residential - EQR Stock Forecast, Price & News

$63.36
+1.13 (+1.82%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$62.15
$63.69
50-Day Range
$57.47
$64.86
52-Week Range
$57.38
$94.32
Volume
2.43 million shs
Average Volume
2.46 million shs
Market Capitalization
$23.95 billion
P/E Ratio
20.84
Dividend Yield
4.02%
Price Target
$71.56

Equity Residential MarketRank™ Forecast

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
12.9% Upside
$71.56 Price Target
Short Interest
Healthy
1.84% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.23
Upright™ Environmental Score
News Sentiment
1.12mentions of Equity Residential in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$2.51 M Sold Last Quarter
Proj. Earnings Growth
7.10%
From $3.52 to $3.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.81 out of 5 stars

Finance Sector

126th out of 900 stocks

Real Estate Investment Trusts Industry

28th out of 192 stocks


EQR stock logo

About Equity Residential (NYSE:EQR) Stock

Equity 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.

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EQR Stock News Headlines

Analysts Just Upgraded These 3 Apartment REITs
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13 Analysts Have This to Say About Equity Residential
Jersey City Tenants Confront Landlord Over 40% Rent Hikes
Equity Residential Lifts FY22 Outlook
Equity Residential Q3 Income Declines, but beats estimates
See More Headlines
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EQR Company Calendar

Last Earnings
4/26/2022
Ex-Dividend for 1/13 Dividend
12/30/2022
Dividend Payable
1/13/2023
Today
1/28/2023
Next Earnings (Confirmed)
2/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Residential REITs
Sector
Finance
CUSIP
29476L10
Employees
2,400
Year Founded
1967

Price Target and Rating

Average Stock Price Forecast
$71.56
High Stock Price Forecast
$91.00
Low Stock Price Forecast
$58.00
Forecasted Upside/Downside
+12.9%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
15 Analysts

Profitability

Net Income
$1.33 billion
Pretax Margin
45.04%

Debt

Sales & Book Value

Annual Sales
$2.46 billion
Cash Flow
$5.99 per share
Book Value
$29.73 per share

Miscellaneous

Free Float
369,227,000
Market Cap
$23.95 billion
Optionable
Optionable
Beta
0.78

Social Links


Key Executives

  • Mark J. Parrell
    President, Chief Executive Officer & Trustee
  • Michael L. ManelisMichael L. Manelis
    Chief Operating Officer & Executive VP
  • Robert A. GarechanaRobert A. Garechana
    Chief Financial Officer, Treasurer & Executive VP
  • Catherine M. Carraway
    Chief Human Resources Officer & Executive VP
  • Scott J. FensterScott J. Fenster
    Secretary, Executive VP & General Counsel













EQR Stock - Frequently Asked Questions

Should I buy or sell Equity Residential stock right now?

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.

What is Equity Residential's stock price forecast for 2023?

15 brokerages have issued 12-month price objectives for Equity Residential's stock. Their EQR share price forecasts range from $58.00 to $91.00. On average, they expect the company's stock price to reach $71.56 in the next year. This suggests a possible upside of 12.9% 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 on January 1st, 2023. Since then, EQR shares have increased by 7.4% and is now trading at $63.36.
View the best growth stocks for 2023 here
.

Are investors shorting Equity Residential?

Equity Residential saw a increase in short interest during 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 days-to-cover ratio is currently 3.0 days. Approximately 1.8% of the company's shares 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 Thursday, February 9th 2023.
View our EQR earnings forecast
.

How can I listen to Equity Residential's earnings call?

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.

How were Equity Residential's earnings last quarter?

Equity Residential (NYSE:EQR) issued 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 42.71% and a trailing twelve-month return on equity of 10.31%. During the same period in the prior year, the business posted $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 declared a quarterly dividend on Thursday, December 15th. Investors of record on Tuesday, January 3rd will be given a dividend of $0.625 per share on Friday, January 13th. This represents a $2.50 annualized dividend and a yield of 3.95%. The ex-dividend date of this dividend is Friday, December 30th.
Read our dividend analysis for EQR
.

Is Equity Residential a good dividend stock?

Equity Residential (NYSE:EQR) pays an annual dividend of $2.50 per share and currently has a dividend yield of 4.02%. EQR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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.

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

Equity Residential updated its FY 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share guidance of $3.52-$3.54 for the period. The company issued revenue guidance of -.

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 a variety of institutional and retail investors. Top institutional investors include Strs Ohio (0.17%), New York State Teachers Retirement System (0.09%), State of Alaska Department of Revenue (0.07%), National Bank of Canada FI (0.04%), LGT Capital Partners LTD. (0.03%) and State of Michigan Retirement System (0.03%). 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 $63.36.

How much money does Equity Residential make?

Equity Residential (NYSE:EQR) has a market capitalization of $23.94 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.

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 1/28/2023 by MarketBeat.com Staff