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Equity Residential (EQR) Stock Forecast & Price Target

Equity Residential logo
$71.35 +1.86 (+2.68%)
(As of 12/20/2024 05:31 PM ET)

Equity Residential - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
10
Buy
9

Based on 19 Wall Street analysts who have issued ratings for Equity Residential in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 10 have given a hold rating, and 9 have given a buy rating for EQR.

Consensus Price Target

$78.14
9.51% Upside
According to the 19 analysts' twelve-month price targets for Equity Residential, the average price target is $78.14. The highest price target for EQR is $85.00, while the lowest price target for EQR is $64.00. The average price target represents a forecasted upside of 9.51% from the current price of $71.35.
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EQR Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
3 Buy rating(s)
Hold
10 Hold rating(s)
11 Hold rating(s)
11 Hold rating(s)
10 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$78.14$77.25$75.62$65.39
Forecasted Upside9.51% Upside1.93% Upside-2.35% Downside6.96% Upside
Consensus Rating
Hold
Hold
Hold
Hold

EQR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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EQR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Equity Residential Stock vs. The Competition

TypeEquity ResidentialFinance CompaniesS&P 500
Consensus Rating Score
2.47
2.50
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside9.51% Upside18.66% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent EQR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/17/2024Barclays
3 of 5 stars
A. Powell
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Initiated CoverageOverweight$83.00+13.00%
11/14/2024Scotiabank
5 of 5 stars
 Lower TargetSector Perform ➝ Sector Perform$81.00 ➝ $78.00+5.63%
11/13/2024Stifel Nicolaus
4 of 5 stars
 UpgradeHold ➝ Buy$77.75 ➝ $81.50+11.55%
11/1/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$83.00 ➝ $79.00+14.10%
9/24/2024Bank of America
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 DowngradeBuy ➝ Neutral$78.00 ➝ $82.00+5.89%
9/16/2024Evercore ISI
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S. Sakwa
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Boost TargetIn-Line ➝ In-Line$75.00 ➝ $76.00-2.56%
9/16/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$68.00 ➝ $80.00+2.15%
9/11/2024BNP Paribas
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J. Flangos
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Initiated CoverageOutperform$83.00+7.99%
9/10/2024Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy$62.00 ➝ $83.00+10.52%
9/4/2024The Goldman Sachs Group
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C. Luthra
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Initiated CoverageStrong-Buy ➝ Neutral$81.00+7.06%
8/29/2024Truist Financial
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 Boost TargetBuy ➝ Buy$73.00 ➝ $77.00+3.79%
8/26/2024Wells Fargo & Company
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J. Feldman
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DowngradeOverweight ➝ Equal Weight$69.00 ➝ $77.00+4.58%
8/5/2024Wedbush
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 Boost TargetNeutral ➝ Neutral$68.00 ➝ $75.00+7.01%
7/31/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$80.00 ➝ $85.00+22.18%
7/18/2024UBS Group
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 Boost TargetBuy ➝ Buy$75.00 ➝ $82.00+16.08%
5/30/2024Mizuho
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 Boost TargetNeutral ➝ Neutral$61.00 ➝ $64.00+0.99%
5/14/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$68.00 ➝ $70.00+4.74%
4/22/2024BMO Capital Markets
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 UpgradeMarket Perform ➝ Outperform$68.00 ➝ $70.00+13.75%
3/18/2024Raymond James
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 UpgradeUnderperform ➝ Market Perform
6/9/20233M
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 Reiterated RatingUpgrade
2/15/2023Citigroup
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 Boost TargetNeutral$68.00 ➝ $70.00+6.17%
1/11/2023BTIG Research
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 DowngradeBuy ➝ Neutral
1/9/2023Credit Suisse Group
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 DowngradeOutperform ➝ Neutral$58.00-2.29%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:48 AM ET.


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 Friday, December 13, 2024. Please send any questions or comments about these Equity Residential pros and cons to contact@marketbeat.com.

Equity Residential
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Equity Residential:

  • The company has a solid annual dividend of $2.70, providing a yield of approximately 3.70%, which can be attractive for income-focused investors.
  • Equity Residential has received multiple upgrades from analysts, with recent target prices reaching as high as $83.00, indicating strong potential for price appreciation.
  • The stock currently has a consensus price target of $77.25, suggesting that analysts believe there is room for growth from its current trading levels.
  • Equity Residential's focus on acquiring and managing residential properties in dynamic cities positions it well to attract affluent long-term renters, which can lead to stable revenue streams.
  • The company has a diverse portfolio, which can help mitigate risks associated with market fluctuations in specific regions or property types.

Equity Residential
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Equity Residential for these reasons:

  • The payout ratio is currently at 110.66%, indicating that the company is paying out more in dividends than it is earning, which could raise concerns about the sustainability of future dividends.
  • Recent downgrades from analysts, including a shift from "buy" to "neutral" ratings, may signal a lack of confidence in the stock's short-term performance.
  • Market volatility and economic uncertainties could impact the demand for rental properties, potentially affecting Equity Residential's revenue and profitability.
  • With a significant number of analysts rating the stock as a "hold," there may be limited enthusiasm for aggressive investment in the near term.
  • Changes in interest rates could affect the real estate market, and higher rates may lead to increased borrowing costs for the company, impacting its financial health.

EQR Forecast - Frequently Asked Questions

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Equity Residential is $78.14, with a high forecast of $85.00 and a low forecast of $64.00.

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last twelve months. There are currently 10 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research 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.

According to analysts, Equity Residential's stock has a predicted upside of 9.51% based on their 12-month stock forecasts.

Over the previous 90 days, Equity Residential's stock had 1 upgrade and 1 downgrade by analysts.

Equity Residential has been rated by research analysts at Bank of America, Barclays, Royal Bank of Canada, Scotiabank, and Stifel Nicolaus in the past 90 days.

Analysts like Equity Residential less than other "finance" companies. The consensus rating score for Equity Residential is 2.47 while the average consensus rating score for "finance" companies is 2.50. Learn more on how EQR compares to other companies.


This page (NYSE:EQR) was last updated on 12/22/2024 by MarketBeat.com Staff
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