BNP Paribas Exane Issues Positive Forecast for Equity Residential (NYSE:EQR) Stock Price

Equity Residential (NYSE:EQR) had its target price increased by BNP Paribas Exane from $66.00 to $68.00 in a research note issued to investors on Tuesday morning,MarketScreener reports. They currently have a neutral rating on the real estate investment trust’s stock.

A number of other equities research analysts have also weighed in on the company. Barclays reaffirmed an “overweight” rating and set a $78.00 target price on shares of Equity Residential in a research report on Tuesday, January 13th. Wells Fargo & Company lowered their price objective on shares of Equity Residential from $68.00 to $62.00 and set an “equal weight” rating for the company in a research note on Monday, November 10th. Mizuho cut their target price on shares of Equity Residential from $66.00 to $65.00 and set a “neutral” rating on the stock in a research report on Monday, November 24th. Evercore boosted their price target on shares of Equity Residential from $68.00 to $69.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Equity Residential in a research note on Thursday, January 22nd. Six research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat, Equity Residential presently has an average rating of “Hold” and a consensus target price of $69.68.

Equity Residential Trading Down 0.6%

EQR stock opened at $62.75 on Tuesday. Equity Residential has a 12 month low of $58.38 and a 12 month high of $75.86. The firm’s 50-day moving average is $62.55 and its 200 day moving average is $62.57. The company has a market capitalization of $23.69 billion, a PE ratio of 21.42, a P/E/G ratio of 4.75 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.

Equity Residential (NYSE:EQR) last issued its earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $786.35 million. During the same quarter in the prior year, the company earned $1.00 earnings per share. Equity Residential’s revenue was up 2.0% on a year-over-year basis. 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. On average, research analysts anticipate that Equity Residential will post 3.98 EPS for the current year.

Equity Residential Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a $0.6925 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.4%. Equity Residential’s payout ratio is presently 94.54%.

Insider Buying and Selling

In related news, EVP Robert Garechana sold 3,637 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total transaction of $236,877.81. Following the completion of the sale, the executive vice president owned 18,740 shares of the company’s stock, valued at $1,220,536.20. This represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 completion of the transaction, the executive vice president directly owned 18,339 shares in the company, valued at $1,194,419.07. This represents a 3.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 10,058 shares of company stock worth $655,078 in the last 90 days. 1.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in EQR. Collier Financial purchased a new stake in Equity Residential in the third quarter valued at about $26,000. Fulcrum Asset Management LLP purchased a new position in shares of Equity Residential in the 3rd quarter valued at approximately $27,000. Rosenberg Matthew Hamilton raised its position in shares of Equity Residential by 69.2% in the 4th quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 180 shares during the last quarter. Zions Bancorporation National Association UT boosted its stake in Equity Residential by 375.2% in the 4th quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 379 shares in the last quarter. Finally, DV Equities LLC purchased a new stake in Equity Residential during the 4th quarter worth approximately $30,000. 92.68% of the stock is currently owned by hedge funds and other institutional investors.

About Equity Residential

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.