Equity Residential (NYSE:EQR) Stock Price Expected to Rise, Scotiabank Analyst Says

Equity Residential (NYSE:EQR) had its target price hoisted by stock analysts at Scotiabank from $66.00 to $67.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s price target would suggest a potential upside of 6.28% from the stock’s current price.

EQR has been the topic of several other reports. Deutsche Bank Aktiengesellschaft lowered shares of 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. JPMorgan Chase & Co. lowered their price objective on shares of Equity Residential from $75.00 to $71.00 and set a “neutral” rating for the company in a research report on Thursday, December 4th. Wells Fargo & Company reduced their target price on Equity Residential from $68.00 to $62.00 and set an “equal weight” rating on the stock in a report on Monday, November 10th. BMO Capital Markets cut Equity Residential from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $70.00 to $68.00 in a research note on Friday, January 9th. Finally, Wall Street Zen downgraded Equity Residential from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Six equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $69.74.

Equity Residential Price Performance

Shares of EQR opened at $63.04 on Wednesday. The stock has a market cap of $23.80 billion, a P/E ratio of 21.52, a price-to-earnings-growth ratio of 4.72 and a beta of 0.75. Equity Residential has a 1 year low of $58.38 and a 1 year high of $73.16. The stock’s 50-day moving average price is $62.56 and its two-hundred day moving average price is $62.57. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73.

Equity Residential (NYSE:EQR) last announced its quarterly 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 net margin of 36.20% and a return on equity of 9.98%. The company had revenue of $781.91 million during the quarter, compared to the consensus estimate of $786.35 million. During the same period last year, the company earned $1.00 earnings per share. The business’s revenue 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. On average, equities analysts predict that Equity Residential will post 3.98 earnings per share for the current year.

Insider Transactions at Equity Residential

In related news, EVP Robert Garechana sold 3,637 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $236,877.81. Following the completion of the transaction, the executive vice president directly owned 18,740 shares in the company, valued at approximately $1,220,536.20. This trade represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Catherine Carraway sold 656 shares of Equity Residential stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $42,725.28. Following the completion of the sale, the executive vice president directly owned 18,339 shares in the company, valued at approximately $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 10,058 shares of company stock valued at $655,078 over the last three months. Company insiders own 1.10% of the company’s stock.

Institutional Trading of Equity Residential

A number of institutional investors have recently made changes to their positions in the business. Collier Financial bought a new position in Equity Residential in the third quarter valued at $26,000. Fulcrum Asset Management LLP acquired a new position in shares of Equity Residential during the 3rd quarter worth about $27,000. Rosenberg Matthew Hamilton grew its holdings 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 acquiring an additional 180 shares in the last quarter. Zions Bancorporation National Association UT increased its position in shares of Equity Residential by 375.2% in the fourth quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 379 shares during the last quarter. Finally, DV Equities LLC bought a new stake in Equity Residential during the fourth quarter worth about $30,000. Institutional investors own 92.68% of the company’s stock.

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.