Most-Upgraded StocksMost-UpgradedNYSE:EQR Equity Residential (EQR) Stock Price, News & Analysis $77.06 -0.02 (-0.03%) (As of 09/19/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Equity Residential alerts: Email Address About Equity Residential Stock (NYSE:EQR) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Equity Residential alerts:Sign Up Key Stats Today's Range$76.50▼$77.6650-Day Range$67.19▼$78.0852-Week Range$52.57▼$78.83Volume1.56 million shsAverage Volume1.90 million shsMarket Capitalization$29.25 billionP/E Ratio31.98Dividend Yield3.50%Price Target$75.62Consensus RatingHold Company OverviewEquity 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… Who are Nvidia’s New Silent Partners? (Ad)Nvidia knows it can’t stand still as AI continues to grow at an exponential rate. That’s why CEO Jensen Huang consistently has his company ahead of the curve when it comes to artificial intelligence. Nvidia’s added $2 trillion in market cap in 2024.I call these Nvidia’s “Silent Partners.” Equity Residential Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 89th PercentileEquity Residential scored higher than 89% of companies evaluated by MarketBeat, and ranked 186th out of 909 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.2 / 5Analyst RatingHold Consensus RatingEquity Residential has received a consensus rating of Hold. The company's average rating score is 2.39, and is based on 7 buy ratings, 11 hold ratings, and no sell ratings.Amount of Analyst CoverageEquity Residential has been the subject of 12 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. Earnings and Valuation1.9 / 5Proj. Earnings Growth3.34% 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 31.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 31.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.50.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 4.27. 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 2.60. 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. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.46% 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 4.41%, indicating that investor sentiment is improving. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldEquity Residential pays a meaningful dividend of 3.49%, higher than the bottom 25% of all stocks that pay dividends.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. Sustainability and ESG2.9 / 5Environmental Score-2.23 Percentage of Shares Shorted1.46% 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 4.41%, indicating that investor sentiment is improving. News and Social Media2.6 / 5News Sentiment0.70 News SentimentEquity Residential has a news sentiment score of 0.70. 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 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Equity Residential this week, compared to 8 articles on an average week.Search InterestOnly 2 people have searched for EQR on MarketBeat in the last 30 days. This is a decrease of -67% 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. Company Ownership2.5 / 5Insider TradingSelling Shares 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. 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 EQR Stock News HeadlinesAs 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 5, 2024 | marketbeat.comEquity Residential (NYSE:EQR) Price Target Raised to $81.00September 19 at 4:16 AM | americanbankingnews.comMust-Know for Trading OptionsOptions are becoming increasingly popular among investors – with demand hitting record highs for 3 years in a row! But – knowing what the options trading landscape looks like, and what you're up against is a must.September 20, 2024 | Unstoppable Prosperity (Ad)Apartment building north of Denver sells for $95MSeptember 18 at 8:17 PM | bizjournals.comJPMorgan Chase & Co. Increases Equity Residential (NYSE:EQR) Price Target to $80.00September 18 at 2:57 AM | americanbankingnews.comEquity Residential (NYSE:EQR) Sets New 1-Year High Following Dividend AnnouncementSeptember 18 at 1:25 AM | americanbankingnews.comEquity Residential (NYSE:EQR) Given New $76.00 Price Target at Evercore ISISeptember 17 at 5:11 AM | americanbankingnews.comEquity Residential Declares Third Quarter DividendsSeptember 13, 2024 | finance.yahoo.comSee More Headlines 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 2024. Since then, EQR shares have increased by 26.0% and is now trading at $77.06. View the best growth stocks for 2024 here. How were Equity Residential's earnings last quarter? Equity Residential (NYSE:EQR) announced its quarterly 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 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 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). Company Calendar Ex-Dividend for 7/12 Dividend7/01/2024Dividend Payable7/12/2024Last Earnings7/29/2024Today9/19/2024Ex-Dividend for 10/11 Dividend9/24/2024Dividend Payable10/11/2024Next 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$75.62 High Stock Price Target$85.00 Low Stock Price Target$59.50 Potential Upside/Downside-1.9%Consensus RatingHold Rating Score (0-4)2.39 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)$2.41 Trailing P/E Ratio31.98 Forward P/E Ratio19.81 P/E Growth4.27Net 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 / Sales10.03 Cash Flow$4.64 per share Price / Cash Flow16.59 Book Value$29.67 per share Price / Book2.60Miscellaneous Outstanding Shares379,554,000Free Float375,758,000Market Cap$29.25 billion OptionableOptionable Beta0.89 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Should I Buy Equity Residential Stock? EQR Pros and Cons Explained 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. Equity Residential Bull Case 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. Equity Residential Bear Case 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. This page (NYSE:EQR) was last updated on 9/20/2024 by MarketBeat.com Staff From Our PartnersAct by Friday, August 16th, to collect this 22% dividendLet's do a little math here... To double your money at a 3% rate of return, you would need around 23 years....Investors Alley | SponsoredWhy You Should NOT Trade This MarketYou'll be interested in our 5-Day Options Trading Challenge, starting September 23. 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