Zacks Research Has Bearish Forecast for EQR FY2026 Earnings

Equity Residential (NYSE:EQR - Free Report) - Equities researchers at Zacks Research decreased their FY2026 earnings per share estimates for shares of Equity Residential in a research note issued to investors on Wednesday, March 5th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings of $4.15 per share for the year, down from their previous estimate of $4.16. The consensus estimate for Equity Residential's current full-year earnings is $3.98 per share. Zacks Research also issued estimates for Equity Residential's FY2027 earnings at $4.37 EPS.

Several other research firms have also commented on EQR. Mizuho dropped their price objective on shares of Equity Residential from $78.00 to $74.00 and set a "neutral" rating on the stock in a research note on Monday, January 6th. StockNews.com upgraded shares of Equity Residential from a "sell" rating to a "hold" rating in a research note on Saturday, February 8th. Truist Financial lifted their price target on Equity Residential from $76.00 to $78.00 and gave the stock a "buy" rating in a research report on Monday. Barclays cut their price objective on Equity Residential from $83.00 to $79.00 and set an "overweight" rating on the stock in a report on Friday, January 24th. Finally, Scotiabank boosted their target price on shares of Equity Residential from $78.00 to $79.00 and gave the company a "sector perform" rating in a research report on Friday, February 14th. Eleven equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Equity Residential presently has an average rating of "Hold" and a consensus target price of $78.51.

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Equity Residential Stock Down 1.5 %

Equity Residential stock traded down $1.09 on Thursday, hitting $70.88. 2,076,066 shares of the stock traded hands, compared to its average volume of 1,595,118. Equity Residential has a 1 year low of $59.48 and a 1 year high of $78.84. The firm has a market cap of $26.91 billion, a P/E ratio of 26.06, a price-to-earnings-growth ratio of 3.99 and a beta of 0.91. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.72. The business's fifty day simple moving average is $70.74 and its 200 day simple moving average is $72.94.

Equity Residential Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, January 2nd were given a $0.675 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $2.70 annualized dividend and a yield of 3.81%. Equity Residential's dividend payout ratio is presently 99.26%.

Insiders Place Their Bets

In other Equity Residential news, CAO Ian Kaufman sold 642 shares of Equity Residential stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $72.06, for a total value of $46,262.52. Following the sale, the chief accounting officer now owns 25,539 shares of the company's stock, valued at approximately $1,840,340.34. The trade was a 2.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Michael L. Manelis sold 9,487 shares of the business's stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $72.07, for a total transaction of $683,728.09. Following the sale, the chief operating officer now directly owns 26,781 shares in the company, valued at approximately $1,930,106.67. This represents a 26.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 19,763 shares of company stock worth $1,424,217 over the last 90 days. Corporate insiders own 1.00% of the company's stock.

Hedge Funds Weigh In On Equity Residential

A number of large investors have recently bought and sold shares of EQR. Keybank National Association OH raised its holdings in Equity Residential by 2.0% in the fourth quarter. Keybank National Association OH now owns 7,001 shares of the real estate investment trust's stock valued at $502,000 after buying an additional 139 shares during the period. AdvisorNet Financial Inc raised its stake in shares of Equity Residential by 25.3% in the 4th quarter. AdvisorNet Financial Inc now owns 722 shares of the real estate investment trust's stock valued at $52,000 after acquiring an additional 146 shares during the period. Transamerica Financial Advisors Inc. lifted its holdings in shares of Equity Residential by 4.1% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 3,827 shares of the real estate investment trust's stock valued at $275,000 after acquiring an additional 151 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Equity Residential by 38.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 558 shares of the real estate investment trust's stock valued at $40,000 after acquiring an additional 156 shares in the last quarter. Finally, Carmel Capital Partners LLC boosted its position in Equity Residential by 3.3% during the 3rd quarter. Carmel Capital Partners LLC now owns 6,329 shares of the real estate investment trust's stock worth $471,000 after purchasing an additional 205 shares during the period. Hedge funds and other institutional investors own 92.68% of the company's stock.

About Equity Residential

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, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.