Equity Residential - EQR Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 7 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.
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18 Wall Street analysts have issued 12 month price objectives for Equity Residential's shares. Their EQR share price forecasts range from $62.00 to $104.00. On average, they expect the company's share price to reach $76.50 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price.
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Equity Residential's stock was trading at $90.50 at the beginning of the year. Since then, EQR shares have decreased by 30.4% and is now trading at $62.97.
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Equity Residential saw a increase in short interest in October. As of October 31st, there was short interest totaling 6,600,000 shares, an increase of 11.7% from the October 15th total of 5,910,000 shares. Based on an average daily trading volume, of 1,640,000 shares, the days-to-cover ratio is currently 4.0 days. Approximately 1.8% of the company's stock are short sold.
View Equity Residential's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our EQR earnings forecast.

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 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 quarter in the previous year, the firm earned $0.68 EPS.
Read the conference call transcript.

Equity Residential announced a quarterly dividend on Thursday, September 15th. Stockholders of record on Monday, September 26th will be given a dividend of $0.625 per share on Friday, October 14th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date is Friday, September 23rd.
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 3.90%. 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 65.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQR.

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

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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (15.16%), BlackRock Inc. (9.49%), State Street Corp (6.22%), Price T Rowe Associates Inc. MD (4.88%), Macquarie Group Ltd. (1.89%) and Dimensional Fund Advisors LP (1.40%). 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.
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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 $62.97.

Equity Residential (NYSE:EQR) has a market capitalization of $23.80 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.