NYSE:EQR Equity Residential (EQR) Stock Price, News & Analysis → AI finds its first serious application (From Wall Street Star) (Ad) Free EQR Stock Alerts $65.31 +0.17 (+0.26%) (As of 11:04 AM ET) Add Compare Share Share Today's Range$65.24▼$65.8950-Day Range$58.82▼$65.1452-Week Range$52.57▼$69.45Volume1.01 million shsAverage Volume2.10 million shsMarket Capitalization$24.75 billionP/E Ratio27.10Dividend Yield4.13%Price Target$66.04 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Equity Residential alerts: Email Address Equity Residential MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside1.4% Upside$66.04 Price TargetShort InterestHealthy1.50% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.23Upright™ Environmental ScoreNews Sentiment0.64Based on 31 Articles This WeekInsider TradingSelling Shares$192,335 Sold Last QuarterProj. Earnings Growth3.64%From $3.85 to $3.99 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.4.36 out of 5 starsFinance Sector217th out of 869 stocksReal Estate Investment Trusts Industry42nd out of 180 stocks 2.2 Analyst's Opinion Consensus RatingEquity Residential has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 6 buy ratings, 9 hold ratings, and no sell ratings.Amount of Analyst CoverageEquity Residential has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.50% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Equity Residential has recently increased by 1.65%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipEquity Residential is a leading dividend payer. It pays a dividend yield of 4.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEquity Residential has only been increasing its dividend for 3 years.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 67.67% next year. This indicates that Equity Residential will be able to sustain or increase its 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 3.1 News and Social Media Coverage News SentimentEquity Residential has a news sentiment score of 0.64. 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 0.47 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 31 news articles for Equity Residential this week, compared to 7 articles on an average week.Search InterestOnly 5 people have searched for EQR on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat Follows10 people have added Equity Residential to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $192,335.00 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Equity Residential are expected to grow by 3.64% in the coming year, from $3.85 to $3.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equity Residential is 27.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Equity Residential is 27.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 52.99.Price to Earnings Growth RatioEquity Residential has a PEG Ratio of 3.78. 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 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. See why the elites are pouring billions into gold. 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 HeadlinesApril 17, 2024 | marketbeat.comPrologis Stock Leading U.S. Logistics Boom (EQR)Logistics and warehousing real estate may come in handy during the manufacturing boom coming to U.S, markets. Prologis stock is the outlier as a bull pick.April 11, 2024 | marketbeat.comBlackstone’s $10 Billion Bet on Property Prices Going Up (EQR)Residential property prices could be on the rise soon, as Blackstone just made a $10 billion bet into the sector, and one other REIT could be next in lineApril 29, 2024 | Prosper Trading Academy (Ad)These AI trades triggered this morning (545% return)If you think a market crash is possible in 2024, I don't know why you're not using this yet.April 10, 2024 | marketbeat.comHow to Protect your Portfolio Against a Rising VIXStocks never really stay put. Every once in a small timeframe cycle, they tend to jump and have little ‘hiccups'.April 10, 2024 | marketbeat.comHow to Protect your Portfolio Against a Rising VIXThree stocks could soon become a safe haven for investors looking to escape the VIX's rise back to its 2024 highs. Steady financials and strong brands rule hereApril 27, 2024 | americanbankingnews.comEquity Residential (NYSE:EQR) Price Target Raised to $70.00April 26, 2024 | markets.businessinsider.comEquity Residential Receives Hold Rating Amidst Solid Fundamentals and Limited Near-Term UpsideApril 25, 2024 | markets.businessinsider.comBeyond The Numbers: 9 Analysts Discuss Equity Residential StockApril 29, 2024 | Prosper Trading Academy (Ad)These AI trades triggered this morning (545% return)If you think a market crash is possible in 2024, I don't know why you're not using this yet.April 25, 2024 | finance.yahoo.comEquity Residential (EQR) Q1 2024 Earnings Call Transcript Highlights: Key Financial Metrics and ...April 25, 2024 | americanbankingnews.comEquity Residential to Post FY2026 Earnings of $4.17 Per Share, Zacks Research Forecasts (NYSE:EQR)April 25, 2024 | finance.yahoo.comQ1 2024 Equity Residential Earnings CallApril 23, 2024 | markets.businessinsider.comEQR Stock Earnings: Equity Residential Beats EPS, Beats Revenue for Q1 2024April 23, 2024 | theglobeandmail.comStocks Find Support on Q1 Earnings and Lower Bond YieldsApril 23, 2024 | msn.comStocks Climb as Q1 Earnings Roll InApril 23, 2024 | sfgate.comEquity Residential: Q1 Earnings SnapshotApril 23, 2024 | finance.yahoo.comEquity Residential beats Q1 FFO estimates on strong rental demandApril 23, 2024 | businesswire.comEquity Residential Reports First Quarter 2024 ResultsApril 23, 2024 | americanbankingnews.comEquity Residential (NYSE:EQR) Upgraded at BMO Capital MarketsApril 22, 2024 | msn.comEquity Residential raised to Outperform at BMO on discountApril 21, 2024 | finance.yahoo.comEquity Residential (EQR) Stock Price, News, Quote & History - Yahoo FinanceApril 9, 2024 | markets.businessinsider.comThe Analyst Landscape: 7 Takes On Equity ResidentialApril 9, 2024 | finance.yahoo.comThese Top REITs Have Yields Up to 9.1%April 9, 2024 | finance.yahoo.comHeard on the Street: Blackstone Bets on Wealthy RentersApril 2, 2024 | businesswire.comEquity Residential Announces First Quarter 2024 Earnings Release DateApril 1, 2024 | msn.comEssex Property Trust upgraded to Buy at Bofa on northern California outlookMarch 26, 2024 | markets.businessinsider.comPiper Sandler Keeps Their Hold Rating on Equity Residential (EQR)See 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 4/12 Dividend3/22/2024Dividend Payable4/12/2024Last Earnings4/23/2024Today4/29/2024Next Earnings (Estimated)7/25/2024Fiscal 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$66.04 High Stock Price Target$73.00 Low Stock Price Target$59.50 Potential Upside/Downside+1.4%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$2.41 Trailing P/E Ratio27.03 Forward P/E Ratio16.92 P/E Growth3.78Net Income$835.44 million Net Margins31.70% Pretax Margin33.12% Return on Equity8.18% Return on Assets4.59% Debt Debt-to-Equity Ratio0.64 Current Ratio0.23 Quick Ratio0.30 Sales & Book Value Annual Sales$2.90 billion Price / Sales8.51 Cash Flow$4.62 per share Price / Cash Flow14.10 Book Value$29.71 per share Price / Book2.19Miscellaneous Outstanding Shares378,940,000Free Float375,151,000Market Cap$24.68 billion OptionableOptionable Beta0.84 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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:ESSUDRNYSE:UDREquity LifeStyle PropertiesNYSE:ELSCamden Property TrustNYSE:CPTView All CompetitorsInsiders & InstitutionsYousif Capital Management LLCSold 894 shares on 4/26/2024Ownership: 0.015%Securian Asset Management Inc.Sold 1,495 shares on 4/26/2024Ownership: 0.005%Sumitomo Life Insurance Co.Sold 433 shares on 4/26/2024Ownership: 0.002%Checchi Capital Advisers LLCBought 3,369 shares on 4/26/2024Ownership: 0.001%SYSTM Wealth Solutions LLCSold 186 shares on 4/26/2024Ownership: 0.000%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 strong presence in dynamic cities that attract affluent long-term renters, providing a stable tenant base. The company is a member of the S&P 500, indicating its financial stability and potential for growth. Equity Residential owns or has investments in a significant number of properties, spreading risk across multiple locations. Recent acquisitions and developments by Equity Residential demonstrate a commitment to growth and expansion. With an increasing presence in cities like Denver, Atlanta, Dallas/Ft. Worth, and Austin, Equity Residential is tapping into new markets for potential revenue streams. Cons Investors should be bearish about investing in Equity Residential for these reasons: The real estate market can be sensitive to economic downturns, impacting property values and rental demand. Changes in interest rates can affect the cost of financing for real estate investments, potentially impacting Equity Residential's profitability. Regulatory changes in the real estate industry could introduce new challenges or compliance costs for Equity Residential. Competition from other real estate investment trusts (REITs) or property developers may limit Equity Residential's market share or rental pricing power. The current stock price of Equity Residential may not fully reflect potential risks or uncertainties in the real estate market. 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 Wednesday, April 10, 2024. Please send any questions or comments about these Equity Residential pros and cons to contact@marketbeat.com. EQR Stock Analysis - Frequently Asked Questions Should I buy or sell Equity Residential stock right now? 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equity Residential in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities 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. View EQR analyst ratings or view top-rated stocks. What is Equity Residential's stock price target for 2024? 15 equities research analysts have issued 1 year target prices for Equity Residential's stock. Their EQR share price targets range from $59.50 to $73.00. On average, they predict the company's stock price to reach $66.04 in the next year. This suggests a possible upside of 1.4% from the stock's current price. View analysts price targets for EQR or view top-rated stocks among Wall Street analysts. How have EQR shares performed in 2024? Equity Residential's stock was trading at $61.16 on January 1st, 2024. Since then, EQR shares have increased by 6.5% and is now trading at $65.14. View the best growth stocks for 2024 here. Are investors shorting Equity Residential? Equity Residential saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 5,470,000 shares, an increase of 7.7% from the March 15th total of 5,080,000 shares. Based on an average daily volume of 2,110,000 shares, the short-interest ratio is presently 2.6 days. Approximately 1.5% of the shares of the company are short sold. View Equity Residential's Short Interest. When is Equity Residential's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our EQR earnings forecast. How were Equity Residential's earnings last quarter? Equity Residential (NYSE:EQR) posted its earnings results on Tuesday, April, 23rd. The real estate investment trust reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. The real estate investment trust had revenue of $730.80 million for the quarter, compared to analyst estimates of $728.09 million. Equity Residential had a trailing twelve-month return on equity of 8.18% and a net margin of 31.70%. Equity Residential's revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.87 EPS. Read the conference call transcript. How often does Equity Residential pay dividends? What is the dividend yield for Equity Residential? Equity Residential declared a quarterly dividend on Thursday, March 14th. Shareholders of record on Monday, March 25th will be given a dividend of $0.675 per share on Friday, April 12th. This represents a $2.70 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend is Friday, March 22nd. This is a boost from the stock's previous quarterly dividend of $0.66. Read our dividend analysis for EQR. Is Equity Residential a good dividend stock? Equity Residential (NYSE:EQR) pays an annual dividend of $2.70 per share and currently has a dividend yield of 4.14%. EQR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 112.03%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EQR will have a dividend payout ratio of 67.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for EQR. What ETFs hold Equity Residential's stock? ETFs with the largest weight of Equity Residential (NYSE:EQR) stock in their portfolio include ETFB Green SRI REITs ETF (RITA), Kelly Residential & Apartment Real Estate ETF (RESI), iShares Residential and Multisector Real Estate ETF (REZ), JPMorgan Realty Income ETF (JPRE), Nuveen Short-Term REIT ETF (NURE), SP Funds S&P Global REIT Sharia ETF (SPRE), Residential REIT ETF (HAUS) and ALPS Active REIT ETF (REIT). What guidance has Equity Residential issued on next quarter's earnings? Equity Residential issued an update on its second quarter 2024 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share guidance of 0.920-0.960 for the period, compared to the consensus EPS estimate of 0.960. The company issued revenue guidance of -. 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. What other stocks do shareholders of Equity Residential own? Based on aggregate information from My MarketBeat watchlists, some companies that other Equity Residential investors own include Cisco Systems (CSCO), AT&T (T), Intel (INTC), Bank of America (BAC), NVIDIA (NVDA), AbbVie (ABBV), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Simon Property Group (SPG) and American Tower (AMT). Who are Equity Residential's major shareholders? Equity Residential's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (0.65%), Sumitomo Mitsui Trust Holdings Inc. (0.32%), New York State Teachers Retirement System (0.09%), Hazelview Securities Inc. (0.08%), Seven Post Investment Office LP (0.08%) and State of Alaska Department of Revenue (0.07%). Insiders that own company stock include Bradley A Keywell, Catherine Carraway, Christa L Sorenson, David J Neithercut, Ian Kaufman, Linda Bynoe, Mark S Shapiro, Mary Kay Haben, Michael L Manelis, Michael L Manelis, Robert Garechana 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. This page (NYSE:EQR) was last updated on 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldAI finds its first serious applicationWall Street StarHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingProtect Your Bank Account Before It’s Too LateWeiss RatingsDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTrump is sounding the alarmPreserve Gold Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Equity Residential Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.