Equity Residential (NYSE:EQR) Stock Rating Upgraded by Wall Street Zen

Equity Residential (NYSE:EQR) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Sunday.

A number of other equities analysts have also recently commented on EQR. Scotiabank increased their target price on Equity Residential from $66.00 to $67.00 and gave the company a “sector perform” rating in a report on Wednesday. Evercore raised their target price on Equity Residential from $68.00 to $69.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Cantor Fitzgerald boosted their price target on Equity Residential from $61.00 to $64.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Truist Financial reduced their price objective on Equity Residential from $75.00 to $70.00 and set a “buy” rating for the company in a research note on Monday, November 17th. Finally, Piper Sandler set a $78.00 price objective on Equity Residential in a report on Tuesday, January 27th. Six analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat, Equity Residential has an average rating of “Hold” and a consensus target price of $69.63.

Equity Residential Stock Performance

EQR opened at $62.78 on Friday. The firm’s fifty day simple moving average is $62.55 and its two-hundred day simple moving average is $62.55. Equity Residential has a 52-week low of $58.38 and a 52-week high of $73.14. The company has a market cap of $23.70 billion, a price-to-earnings ratio of 21.43, a PEG ratio of 4.72 and a beta of 0.75. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.73.

Equity Residential (NYSE:EQR) last released 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). The company had revenue of $781.91 million for the quarter, compared to analysts’ expectations of $786.35 million. Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.00 EPS. 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. Equities analysts anticipate that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Insider Buying and Selling at Equity Residential

In other news, EVP Robert Garechana sold 3,637 shares of the company’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 transaction, 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 position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Catherine Carraway sold 656 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $42,725.28. Following the sale, the executive vice president directly owned 18,339 shares of the company’s stock, valued at $1,194,419.07. The trade was a 3.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 10,058 shares of company stock worth $655,078 over the last quarter. 1.10% of the stock is currently owned by company insiders.

Institutional Trading of Equity Residential

Institutional investors and hedge funds have recently bought and sold shares of 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 valued at $3,728,296,000 after purchasing an additional 1,281,354 shares during the last quarter. Baillie Gifford & Co. lifted its stake in Equity Residential by 566.7% during 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 boosted its position in shares of Equity Residential by 34.6% during the third quarter. Aberdeen Group plc now owns 568,408 shares of the real estate investment trust’s stock worth $36,446,000 after buying an additional 146,148 shares during the period. National Pension Service boosted its position in shares of Equity Residential by 4.6% during the third quarter. National Pension Service now owns 605,494 shares of the real estate investment trust’s stock worth $39,194,000 after buying an additional 26,590 shares during the period. Finally, Resona Asset Management Co. Ltd. grew its stake in shares of Equity Residential by 8.8% in the third quarter. Resona Asset Management Co. Ltd. now owns 209,614 shares of the real estate investment trust’s stock valued at $13,471,000 after buying an additional 17,014 shares in the last quarter. 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.