NYSE:EQR Equity Residential (EQR) Stock Price, News & Analysis $74.34 -1.06 (-1.41%) (As of 09/6/2024 08:48 PM ET) Add Compare Share Share Today's Range$73.76â–Ľ$75.2250-Day Range$67.19â–Ľ$75.6652-Week Range$52.57â–Ľ$76.75Volume2.27 million shsAverage Volume1.93 million shsMarket Capitalization$28.19 billionP/E Ratio30.85Dividend Yield3.63%Price Target$72.84 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Equity Residential alerts: Email Address Equity Residential MarketRank™ Stock AnalysisAnalyst RatingHold2.29 Rating ScoreUpside/Downside2.0% Downside$72.84 Price TargetShort InterestHealthy1.52% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.23Upright™ Environmental ScoreNews Sentiment0.79Based on 16 Articles This WeekInsider TradingSelling Shares$439,142 Sold Last QuarterProj. Earnings Growth3.34%From $3.89 to $4.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.35 out of 5 starsFinance Sector163rd out of 865 stocksReal Estate Investment Trusts Industry17th out of 178 stocks 2.1 Analyst's Opinion Consensus RatingEquity Residential has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 5 buy ratings, 12 hold ratings, and no sell ratings.Amount of Analyst CoverageEquity Residential has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Equity Residential's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.52% of the float of Equity Residential has been sold short.Short Interest Ratio / Days to CoverEquity Residential has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Equity Residential has recently decreased by 0.35%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipEquity Residential is a leading dividend payer. It pays a dividend yield of 3.58%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEquity Residential does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Equity Residential is 112.03%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Equity Residential will have a dividend payout ratio of 67.16% next year. This indicates that Equity Residential will be able to sustain or increase its dividend.Read more about Equity Residential's dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEquity Residential has received a 23.62% net impact score from Upright. Equity Residential seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is false driven by its "Real estate funds investing in rental apartments" and "Real estate development services of apartment buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for Equity Residential is -2.23. Previous Next 2.7 News and Social Media Coverage News SentimentEquity Residential has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Equity Residential this week, compared to 7 articles on an average week.Search InterestOnly 1 people have searched for EQR on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Equity Residential to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Equity Residential insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $439,142.00 in company stock.Percentage Held by InsidersOnly 1.00% of the stock of Equity Residential is held by insiders.Percentage Held by Institutions92.68% of the stock of Equity Residential is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Equity Residential's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Equity Residential are expected to grow by 3.34% in the coming year, from $3.89 to $4.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equity Residential is 30.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 30.85, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.04.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 4.17. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEquity Residential has a P/B Ratio of 2.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Equity Residential's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWar on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Equity Residential Stock (NYSE:EQR)Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin.Read More EQR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EQR Stock News HeadlinesSeptember 5, 2024 | marketbeat.comAs Home Prices Hit Highs, These Apartment REITs Offer GrowthThese REITs help investors find a way to match what Blackstone is doing with its property portfolio today, Wall Street analysts now recognize upsideSeptember 7 at 6:32 AM | marketwatch.comEquity Residential stock underperforms Friday when compared to competitorsSeptember 9, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… September 6 at 3:26 AM | americanbankingnews.comEquity Residential (NYSE:EQR) Earns Neutral Rating from Analysts at The Goldman Sachs GroupSeptember 5, 2024 | americanbankingnews.comEquity Residential (NYSE:EQR) Receives Consensus Recommendation of "Hold" from AnalystsSeptember 4, 2024 | msn.comGoldman Sachs Initiates Coverage of Equity Residential (EQR) with Neutral RecommendationSeptember 3, 2024 | markets.businessinsider.comEquity Residential (EQR) Gets a Buy from Truist FinancialAugust 30, 2024 | markets.businessinsider.comTruist Financial Sticks to Their Buy Rating for Equity Residential (EQR)September 9, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… August 30, 2024 | americanbankingnews.comEquity Residential (NYSE:EQR) Price Target Increased to $77.00 by Analysts at Truist FinancialAugust 30, 2024 | americanbankingnews.comEquity Residential (NYSE:EQR) Reaches New 1-Year High After Analyst UpgradeAugust 30, 2024 | americanbankingnews.comEquity Residential (NYSE:EQR) Price Target Raised to $74.00August 27, 2024 | msn.comWells Fargo Downgrades Equity Residential (EQR)August 27, 2024 | benzinga.comPeeling Back The Layers: Exploring Equity Residential Through Analyst InsightsAugust 24, 2024 | seekingalpha.comEquity Residential: Good Quality But PriceyAugust 19, 2024 | marketwatch.comEquity Residential stock rises Monday, still underperforms marketAugust 15, 2024 | markets.businessinsider.comMorgan Stanley Keeps Their Hold Rating on Equity Residential (EQR)August 9, 2024 | finance.yahoo.comEquity Residential will buy Blackstone Real Estate’s $1bn apartment portfolioSee More Headlines Receive EQR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Equity Residential and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/12 Dividend7/01/2024Dividend Payable7/12/2024Last Earnings7/29/2024Today9/09/2024Next Earnings (Estimated)10/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryResidential REITs Current SymbolNYSE:EQR CUSIP29476L10 CIK906107 Webwww.eqr.com Phone(312) 474-1300Fax312-454-8703Employees2,400Year Founded1967Price Target and Rating Average Stock Price Target$72.84 High Stock Price Target$85.00 Low Stock Price Target$59.50 Potential Upside/Downside-2.0%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$2.41 Trailing P/E Ratio30.85 Forward P/E Ratio19.11 P/E Growth4.17Net Income$835.44 million Net Margins32.83% Pretax Margin34.27% Return on Equity8.53% Return on Assets4.80% Debt Debt-to-Equity Ratio0.64 Current Ratio0.21 Quick Ratio0.21 Sales & Book Value Annual Sales$2.92 billion Price / Sales9.67 Cash Flow$4.59 per share Price / Cash Flow16.20 Book Value$29.44 per share Price / Book2.53Miscellaneous Outstanding Shares379,554,000Free Float375,758,000Market Cap$28.22 billion OptionableOptionable Beta0.89 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Mark J. Parrell (Age 57)President, CEO & Trustee Comp: $4.02MMr. Robert A. Garechana (Age 45)Executive VP & CFO Comp: $1.73MMr. Michael L. Manelis (Age 55)Executive VP & COO Comp: $1.88MMr. Alexander Brackenridge (Age 60)Executive VP & Chief Investment Officer Comp: $1.74MMr. Scott J. Fenster J.D. (Age 48)Executive VP, General Counsel & Corporate Secretary Comp: $1.33MMr. Ian S. Kaufman (Age 56)Senior VP & Chief Accounting Officer Mr. Martin J. McKennaFirst Vice President of Investor & Public RelationsMs. Catherine M. Carraway (Age 63)Executive VP & Chief Human Resources Officer Mr. John G. Lennox (Age 70)Senior Vice President of Financial Planning & Analysis Mr. Barry S. Altshuler (Age 65)Executive Vice President of Investments More ExecutivesKey CompetitorsAvalonBay CommunitiesNYSE:AVBEssex Property TrustNYSE:ESSMid-America Apartment CommunitiesNYSE:MAASun CommunitiesNYSE:SUIUDRNYSE:UDRView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 12,218 shares on 9/5/2024Ownership: 0.003%Coronation Fund Managers Ltd.Bought 16,063 shares on 9/4/2024Ownership: 0.039%Teachers Retirement System of The State of KentuckySold 764 shares on 8/26/2024Ownership: 0.007%Cetera Investment AdvisersBought 1,344 shares on 8/22/2024Ownership: 0.012%Truist Financial CorpBought 289 shares on 8/21/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions Should I Buy Equity Residential Stock? EQR Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Equity Residential: Equity Residential has a consistent track record of paying dividends, providing investors with a steady income stream. As of the latest available data, the company offers a dividend yield of 3.64%, which can be attractive for income-oriented investors. Analysts have given Equity Residential a consensus rating of "Hold" with a price target of $71.91, indicating potential upside based on current market valuations. This suggests that there may be room for stock price appreciation. Equity Residential's focus on acquiring, developing, and managing residential properties in dynamic cities that attract affluent long-term renters positions the company well for long-term growth potential in the real estate market. The company's net margin of 32.83% indicates strong profitability, which can be reassuring for investors looking for stable and financially sound investment opportunities. With a return on equity of 8.53%, Equity Residential demonstrates an ability to generate returns for shareholders based on the company's equity capital, reflecting efficient management of assets to create value for investors. Cons Investors should be bearish about investing in Equity Residential for these reasons: Equity Residential recently missed analysts' consensus estimates for earnings per share (EPS) by a significant margin, which could indicate potential challenges in the company's operational performance and future profitability. The company's payout ratio of 112.03% raises concerns about the sustainability of its dividend payments, as a ratio above 100% suggests that Equity Residential is paying out more in dividends than it is earning, which may not be sustainable in the long run. Despite some analysts' positive outlook on the stock, there are concerns about the overall rating of "Hold" and the potential lack of strong buy recommendations, which could signal limited short-term growth prospects for Equity Residential. Insider selling activity, such as the recent sale of shares by the CFO, may raise questions about internal confidence in the company's future performance and could be perceived as a negative signal by investors. While Equity Residential has shown revenue growth on a year-over-year basis, the recent slight decrease in revenue compared to analyst estimates could indicate potential challenges in meeting market expectations and sustaining growth momentum. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these Equity Residential pros and cons to contact@marketbeat.com. EQR Stock Analysis - Frequently Asked Questions How have EQR shares performed this year? Equity Residential's stock was trading at $61.16 at the beginning of the year. Since then, EQR shares have increased by 21.6% and is now trading at $74.34. View the best growth stocks for 2024 here. How were Equity Residential's earnings last quarter? Equity Residential (NYSE:EQR) issued its earnings results on Monday, July, 29th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by $0.49. Equity Residential's revenue for the quarter was up 2.4% compared to the same quarter last year. Read the conference call transcript. 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. Who are Equity Residential's major shareholders? Top institutional shareholders of Equity Residential include APG Asset Management US Inc. (3.05%), First Eagle Investment Management LLC (2.45%), Principal Financial Group Inc. (1.88%) and Legal & General Group Plc (1.51%). Insiders that own company stock include Alexander Brackenridge, Michael L Manelis, Ian Kaufman, Robert Garechana, Catherine Carraway, Mark S Shapiro, Mary Kay Haben, David J Neithercut 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Equity Residential own? Based on aggregate information from My MarketBeat watchlists, some other companies that Equity Residential investors own include Cisco Systems (CSCO), AT&T (T), Intel (INTC), Bank of America (BAC), NVIDIA (NVDA), AbbVie (ABBV) and Johnson & Johnson (JNJ). 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