Weekly Analysts’ Ratings Updates for Equity Residential (EQR)

A number of firms have modified their ratings and price targets on shares of Equity Residential (NYSE: EQR) recently:

• 3/26/2026 – Equity Residential was upgraded by Morgan Stanley from “equal weight” to “overweight”. They now have a $74.00 price target on the stock, up from $72.00.
• 3/16/2026 – Equity Residential had its price target lowered by Morgan Stanley from $73.50 to $72.00. They now have an “equal weight” rating on the stock.
• 3/16/2026 – Equity Residential was downgraded by Wall Street Zen from “hold” to “sell”.
• 3/12/2026 – Equity Residential was given a new $70.00 price target by Argus.
• 3/11/2026 – Equity Residential was upgraded by Argus to “strong-buy”.
• 3/9/2026 – Equity Residential had its price target raised by Evercore Inc from $69.00 to $70.00.
• 3/8/2026 – Equity Residential was upgraded by Wall Street Zen from “sell” to “hold”.
• 3/6/2026 – Equity Residential had its price target raised by Mizuho from $65.00 to $66.00. They now have a “neutral” rating on the stock.
• 3/6/2026 – Equity Residential had its price target lowered by Barclays PLC from $78.00 to $75.00. They now have an “overweight” rating on the stock.
• 3/4/2026 – Equity Residential had its price target raised by Scotiabank from $66.00 to $67.00. They now have a “sector perform” rating on the stock.
• 3/3/2026 – Equity Residential had its price target raised by BNP Paribas Exane from $66.00 to $68.00. They now have a “neutral” rating on the stock.
• 2/28/2026 – Equity Residential was downgraded by Wall Street Zen from “hold” to “sell”.
• 2/12/2026 – Equity Residential had its price target raised by The Goldman Sachs Group, Inc. from $69.00 to $71.00. They now have a “neutral” rating on the stock.
• 2/9/2026 – Equity Residential had its price target raised by Evercore Inc from $68.00 to $69.00. They now have an “outperform” rating on the stock.
• 2/9/2026 – Equity Residential had its price target raised by Cantor Fitzgerald from $61.00 to $64.00. They now have a “neutral” rating on the stock.
• 2/6/2026 – Equity Residential was given a new $78.50 price target by Stifel Nicolaus.
• 1/27/2026 – Equity Residential was given a new $78.00 price target by Piper Sandler.

Equity Residential Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Monday, March 30th will be paid a dividend of $0.7025 per share. This represents a $2.81 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Monday, March 30th. This is a positive change from Equity Residential’s previous quarterly dividend of $0.69. Equity Residential’s dividend payout ratio is currently 94.54%.

Insider Activity

In other news, COO Michael L. Manelis sold 5,765 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $375,474.45. Following the transaction, the chief operating officer owned 46,131 shares in the company, valued at $3,004,512.03. This trade represents a 11.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Robert Garechana sold 3,637 shares of Equity Residential stock in a transaction 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 directly owned 18,740 shares in the company, valued at $1,220,536.20. This represents a 16.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 10,058 shares of company stock worth $655,078 in the last quarter. Corporate insiders own 1.10% of the company’s stock.

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.