Brokerages Set Equity Residential (NYSE:EQR) Price Target at $69.58

Equity Residential (NYSE:EQR) has received an average recommendation of “Hold” from the twenty analysts that are currently covering the company, Marketbeat Ratings reports. Thirteen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $69.6842.

EQR has been the subject of several recent analyst reports. Stifel Nicolaus set a $78.50 target price on Equity Residential in a research note on Friday, February 6th. Barclays reiterated an “overweight” rating and set a $78.00 price target on shares of Equity Residential in a report on Tuesday, January 13th. Wall Street Zen upgraded shares of Equity Residential from a “sell” rating to a “hold” rating in a research note on Monday, November 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Equity Residential in a report on Thursday, January 22nd. Finally, Wells Fargo & Company decreased their price target on shares of Equity Residential from $68.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Monday, November 10th.

Insider Buying and Selling at Equity Residential

In related news, EVP Robert Garechana sold 3,637 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $236,877.81. Following the completion of the transaction, the executive vice president directly owned 18,740 shares of the company’s stock, valued at $1,220,536.20. This trade represents a 16.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Catherine Carraway sold 656 shares of Equity Residential stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $42,725.28. Following the sale, the executive vice president owned 18,339 shares in the company, valued at $1,194,419.07. This represents a 3.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 10,058 shares of company stock valued at $655,078 in the last quarter. Corporate insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Collier Financial bought a new position in Equity Residential during the 3rd quarter valued at about $26,000. CVA Family Office LLC raised its stake in shares of Equity Residential by 425.3% in the second quarter. CVA Family Office LLC now owns 415 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 336 shares during the last quarter. Fulcrum Asset Management LLP acquired a new position in shares of Equity Residential in the 3rd quarter worth approximately $27,000. Rosenberg Matthew Hamilton grew its position in Equity Residential by 69.2% during the 4th quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 180 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new position in Equity Residential in the third quarter worth $31,000. 92.68% of the stock is owned by institutional investors.

Equity Residential Stock Up 1.2%

EQR stock opened at $63.82 on Thursday. The firm has a market cap of $24.28 billion, a PE ratio of 21.78, a PEG ratio of 4.80 and a beta of 0.76. Equity Residential has a 1 year low of $58.38 and a 1 year high of $75.86. The company has a fifty day simple moving average of $62.04 and a 200 day simple moving average of $62.58. The company has a current ratio of 0.31, a quick ratio of 0.45 and a debt-to-equity ratio of 0.73.

Equity Residential (NYSE:EQR) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.01). Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The company had revenue of $781.91 million during the quarter, compared to analyst estimates of $786.35 million. During the same quarter last year, the firm posted $1.00 earnings per share. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. Sell-side analysts anticipate that Equity Residential will post 3.98 EPS for the current fiscal year.

Equity Residential Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 2nd were paid a dividend of $0.6925 per share. This represents a $2.77 annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, January 2nd. Equity Residential’s payout ratio is currently 94.54%.

Equity Residential Company Profile

Equity Residential (NYSE: EQR) is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company’s core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.