Brokerages Set Equity Residential (NYSE:EQR) PT at $69.63

Equity Residential (NYSE:EQR) has earned a consensus rating of “Hold” from the nineteen brokerages that are currently covering the stock, MarketBeat.com reports. Thirteen equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $69.6842.

A number of brokerages have issued reports on EQR. Weiss Ratings restated a “hold (c)” rating on shares of Equity Residential in a research report on Thursday, January 22nd. BMO Capital Markets downgraded shares of Equity Residential from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $70.00 to $68.00 in a research report on Friday, January 9th. Piper Sandler set a $78.00 price target on Equity Residential in a research note on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft downgraded Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 price target on the stock. in a research report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. dropped their price objective on Equity Residential from $75.00 to $71.00 and set a “neutral” rating for the company in a report on Thursday, December 4th.

Insider Buying and Selling

In related news, EVP Robert Garechana sold 3,637 shares of the firm’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 in the company, valued at approximately $1,220,536.20. This trade represents a 16.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Michael L. Manelis sold 5,765 shares of the business’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $375,474.45. Following the completion of the transaction, the chief operating officer directly owned 46,131 shares of the company’s stock, valued at approximately $3,004,512.03. This trade represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 10,058 shares of company stock worth $655,078. Company insiders own 1.10% of the company’s stock.

Institutional Trading of Equity Residential

Institutional investors and hedge funds have recently made changes to their positions in the company. Collier Financial bought a new position in Equity Residential in the third quarter valued at approximately $26,000. Fulcrum Asset Management LLP bought a new stake in Equity Residential during the third quarter worth $27,000. Rosenberg Matthew Hamilton boosted 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 purchasing an additional 180 shares in the last quarter. Zions Bancorporation National Association UT boosted its holdings in shares of 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 valued at $30,000 after purchasing an additional 379 shares in the last quarter. Finally, DV Equities LLC bought a new position in shares of Equity Residential in the 4th quarter valued at $30,000. Institutional investors own 92.68% of the company’s stock.

Equity Residential Stock Down 2.2%

EQR opened at $60.13 on Monday. The stock has a fifty day moving average of $62.43 and a 200-day moving average of $62.48. The company has a market capitalization of $22.70 billion, a P/E ratio of 20.52, a P/E/G ratio of 4.63 and a beta of 0.75. Equity Residential has a fifty-two week low of $58.38 and a fifty-two week high of $72.64. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.31 and a current ratio of 0.31.

Equity Residential (NYSE:EQR) last released its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.01). Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The business had revenue of $781.91 million during the quarter, compared to analyst estimates of $786.35 million. During the same quarter last year, the company posted $1.00 earnings per share. The company’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, equities analysts expect that Equity Residential will post 3.98 EPS for the current year.

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.