Research Analysts Offer Predictions for EQR Q3 Earnings

Equity Residential (NYSE:EQR) – Equities research analysts at Zacks Research lowered their Q3 2026 earnings per share estimates for Equity Residential in a report released on Thursday, February 26th. Zacks Research analyst Team now anticipates that the real estate investment trust will post earnings per share of $1.03 for the quarter, down from their prior estimate of $1.05. The consensus estimate for Equity Residential’s current full-year earnings is $3.98 per share. Zacks Research also issued estimates for Equity Residential’s Q4 2026 earnings at $1.05 EPS, FY2026 earnings at $4.07 EPS, Q3 2027 earnings at $1.08 EPS and FY2028 earnings at $4.36 EPS.

EQR has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft downgraded Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 target price on the stock. in a report on Tuesday, January 20th. Royal Bank Of Canada dropped their price objective on Equity Residential from $70.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, January 15th. Wall Street Zen cut Equity Residential from a “hold” rating to a “sell” rating in a research report on Saturday. Stifel Nicolaus set a $78.50 target price on Equity Residential in a research note on Friday, February 6th. Finally, Barclays restated an “overweight” rating and issued a $78.00 price target on shares of Equity Residential in a research note on Tuesday, January 13th. Six research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $69.78.

Equity Residential Stock Performance

Shares of NYSE:EQR opened at $63.19 on Monday. Equity Residential has a 1 year low of $58.38 and a 1 year high of $75.86. The stock has a market capitalization of $23.86 billion, a price-to-earnings ratio of 21.57, a price-to-earnings-growth ratio of 4.76 and a beta of 0.75. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.31 and a quick ratio of 0.31. The company’s 50 day simple moving average is $62.52 and its 200 day simple moving average is $62.58.

Equity Residential (NYSE:EQR) last posted its quarterly earnings data 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 firm had revenue of $781.91 million for the quarter, compared to the consensus estimate of $786.35 million. During the same period in the prior year, the company earned $1.00 EPS. The company’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.

Hedge Funds Weigh In On Equity Residential

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Equity Residential by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock worth $3,728,296,000 after acquiring an additional 1,281,354 shares during the last quarter. Baillie Gifford & Co. increased its stake in shares of Equity Residential by 566.7% in the third quarter. Baillie Gifford & Co. now owns 115,181 shares of the real estate investment trust’s stock worth $7,456,000 after purchasing an additional 97,906 shares in the last quarter. Aberdeen Group plc raised its position in shares of Equity Residential by 34.6% in the third quarter. Aberdeen Group plc now owns 568,408 shares of the real estate investment trust’s stock valued at $36,446,000 after purchasing an additional 146,148 shares during the period. National Pension Service raised its position in shares of Equity Residential by 4.6% in the third quarter. National Pension Service now owns 605,494 shares of the real estate investment trust’s stock valued at $39,194,000 after purchasing an additional 26,590 shares during the period. Finally, Andra AP fonden boosted its holdings in Equity Residential by 30.3% in the 2nd quarter. Andra AP fonden now owns 187,100 shares of the real estate investment trust’s stock worth $12,627,000 after buying an additional 43,500 shares during the period. 92.68% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Equity Residential

In related news, COO Michael L. Manelis sold 5,765 shares of the stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $375,474.45. Following the completion of the sale, the chief operating officer directly owned 46,131 shares in the company, valued at $3,004,512.03. This represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Robert Garechana sold 3,637 shares of Equity Residential stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $236,877.81. Following the transaction, the executive vice president directly owned 18,740 shares in the company, valued at $1,220,536.20. The trade was a 16.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 10,058 shares of company stock worth $655,078. 1.00% of the stock is currently owned by company insiders.

Equity Residential Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were issued a dividend of $0.6925 per share. This represents a $2.77 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Friday, January 2nd. Equity Residential’s payout ratio is presently 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.