Equity Residential (EQR) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $71.13 to $72.64
• 50-Day Range: $68.20 to $75.01
• 52-Week Range: $59.48 to $78.84
• Volume: 1.37 million shs
• Average Volume: 1.57 million shs
• Market Capitalization: $27.08 billion
• P/E Ratio: 26.22
• Dividend Yield: 3.88%
• Price Target: $78.51
• Consensus Rating: Moderate Buy

Equity Residential Stock Analysis - MarketRank™

Equity Residential scored higher than 94% of companies evaluated by MarketBeat, and ranked 105th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Equity Residential has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 9 buy ratings, 9 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Equity Residential has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 5.78%

Earnings Growth

Earnings for Equity Residential are expected to grow by 5.78% in the coming year, from $3.98 to $4.21 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Equity Residential is 26.22, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.74.

Price to Earnings Ratio vs. Sector

The P/E ratio of Equity Residential is 26.22, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.85.

Price to Earnings Growth Ratio

Equity Residential has a PEG Ratio of 3.99. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Equity Residential has a P/B Ratio of 2.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.61% of the float of Equity Residential has been sold short.

Short Interest Ratio / Days to Cover

Equity Residential has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Equity Residential has recently decreased by 9.45%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Equity Residential is a leading dividend payer. It pays a dividend yield of 3.80%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Equity Residential does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Equity Residential is 101.84%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Equity Residential will have a dividend payout ratio of 65.80% next year. This indicates that Equity Residential will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -2.23

Percentage of Shares Shorted

1.61% of the float of Equity Residential has been sold short.

Short Interest Ratio / Days to Cover

Equity Residential has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Equity Residential has recently decreased by 9.45%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.43

News Sentiment

Equity Residential has a news sentiment score of 1.43. 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 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Equity Residential this week, compared to 10 articles on an average week.

Search Interest

Only 1 people have searched for EQR on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Equity Residential to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Equity Residential insiders have sold 510,372.04% more of their company's stock than they have bought. Specifically, they have bought $279.00 in company stock and sold $1,424,217.00 in company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Equity Residential is held by insiders.

Percentage Held by Institutions

92.68% of the stock of Equity Residential is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EQR Stock Analysis - Frequently Asked Questions

How have EQR shares performed this year?

Equity Residential's stock was trading at $71.76 at the beginning of the year. Since then, EQR stock has decreased by 0.6% and is now trading at $71.3140.
View the best growth stocks for 2025 here.

How were Equity Residential's earnings last quarter?

Equity Residential (NYSE:EQR) posted its earnings results on Monday, July, 29th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by $0.49. The business's revenue was up 2.4% compared to the same quarter last year.
Read the conference call transcript.

Who are Equity Residential's major shareholders?

Top institutional investors of Equity Residential include Vanguard Group Inc. (14.71%), Norges Bank (9.16%), Price T Rowe Associates Inc. MD (5.17%) and APG Asset Management US Inc. (3.07%). Insiders that own company stock include Alexander Brackenridge, Scott Fenster, Michael L Manelis, Ian Kaufman, Robert Garechana, Catherine Carraway, Mark S Shapiro, Mary Kay Haben and David J Neithercut.
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.

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 NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), Chevron (CVX) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 7/29/2024
• Record date for 1/17 Dividend: 1/02/2025
• Ex-Dividend for 1/17 Dividend: 1/02/2025
• Dividend Payable: 1/17/2025
• Today: 3/27/2025
• Record date for 4/17 Dividend: 3/31/2025
• Ex-Dividend for 4/17 Dividend: 3/31/2025
• Dividend Payable: 4/17/2025
• Next Earnings (Estimated): 4/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Residential REITs
• Current Symbol: NYSE:EQR
• CIK: 906107
• Web: www.eqr.com
• Phone: (312) 474-1300
• Fax: 312-454-8703
• Employees: 2,400
• Year Founded: 1967

Price Target and Rating

• Average Stock Price Target: $78.51
• High Stock Price Target: $85.00
• Low Stock Price Target: $70.00
• Potential Upside/Downside: +10.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 18 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.72
• Trailing P/E Ratio: 26.22
• Forward P/E Ratio: 17.92
• P/E Growth: 3.99
• Net Income: $1.04 billion
• Net Margins: 34.76%
• Pretax Margin: 36.28%
• Return on Equity: 9.27%
• Return on Assets: 5.09%

Debt

• Debt-to-Equity Ratio: 0.72
• Current Ratio: 0.36
• Quick Ratio: 0.36

Sales & Book Value

• Annual Sales: $2.98 billion
• Price / Sales: 9.09
• Cash Flow: $5.29 per share
• Price / Cash Flow: 13.47
• Book Value: $29.57 per share
• Price / Book: 2.41

Miscellaneous

• Outstanding Shares: 379,705,000
• Free Float: 375,908,000
• Market Cap: $27.08 billion
• Optionable: Optionable
• Beta: 0.91