Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Equity Residential (EQR)
NYSE:EQR
Holding EQR?
Track your performance easily
EQR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$57.33 - $78.84
Previous Close$72.22
Volume568.67K
Average Volume (3M)1.52M
Market Cap
$27.93B
Enterprise Value$36.82B
Total Cash (Recent Filing)$28.61M
Total Debt (Recent Filing)$8.37B
Price to Earnings (P/E)29.9
Beta0.81
Next Earnings
Feb 04, 2025EPS Estimate
$0.41Next Dividend Ex-Date
Jan 02, 2025Dividend Yield3.76%
Share Statistics
EPS (TTM)2.39
Shares Outstanding379,429,476
10 Day Avg. Volume1,638,958
30 Day Avg. Volume1,517,897
Standard Deviation0.07
R-Squared0.49
Alpha-0.00760
Financial Highlights & Ratios
PEG Ratio0.83
Price to Book (P/B)2.53
Price to Sales (P/S)9.22
Price to Cash Flow (P/CF)16.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.55
Enterprise Value/Gross Profit20.15
Enterprise Value/Ebitda15.73
Forecast
1Y Price Target
$81.25Price Target Upside12.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Equity Residential News
PremiumCompany Announcements
Equity Residential Expands Severance Plan and Paper Program
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEquity Residential's portfolio boasts the highest 10-year risk/return score among its apartment peers, highlighting its strong financial performance.
Revenue GrowthManagement anticipates strong revenue growth driven by high-end renters and favorable supply/demand dynamics in coastal areas.
ValuationEquity Residential is currently trading at a discount compared to its peers, presenting a potential value opportunity as it has historically traded at a premium.
Bears Say
DemographicsDemographics suggest we are at or past peak demand for urban apartments.
Lease GrowthNew lease growth decelerated to -1.2% compared to 0.2% in the previous quarter, with management noting quicker than anticipated deceleration in September, especially in Los Angeles and Expansion Markets.
Rents And Market TrendsEQR flagged rent fatigue in SoCal and demographics have turned unfavorable for EQR.
---
Ownership Overview
0.14% Insiders
27.63% Mutual Funds
16.55% Other Institutional Investors
27.87% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
EQR FAQ
What was Equity Residential’s price range in the past 12 months?
Equity Residential lowest stock price was $57.33 and its highest was $78.83 in the past 12 months.
What is Equity Residential’s market cap?
Currently, no data Available
When is Equity Residential’s upcoming earnings report date?
Equity Residential’s upcoming earnings report date is Feb 04, 2025 which is in 40 days.
How were Equity Residential’s earnings last quarter?
Equity Residential released its earnings results on Oct 30, 2024. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.412 by -$0.032.
Is Equity Residential overvalued?
According to Wall Street analysts Equity Residential’s price is currently Undervalued.
Does Equity Residential pay dividends?
Equity Residential pays a Thriceyearly dividend of $0.675 which represents an annual dividend yield of 3.76%. See more information on Equity Residential dividends here
What is Equity Residential’s EPS estimate?
Equity Residential’s EPS estimate is $0.41.
How many shares outstanding does Equity Residential have?
Equity Residential has 379,429,470 shares outstanding.
What happened to Equity Residential’s price movement after its last earnings report?
Equity Residential reported an EPS of $0.38 in its last earnings report, missing expectations of $0.412. Following the earnings report the stock price went down -4.841%.
Which hedge fund is a major shareholder of Equity Residential?
Among the largest hedge funds holding Equity Residential’s share is First Eagle Investment Management LLC. It holds Equity Residential’s shares valued at 690M.
---
Equity Residential Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$81.25 (12.50% Upside)
$81.25 (12.50% Upside)
Blogger Sentiment
Bullish
EQR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 78.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $143.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 6.9%
Last 30 Days ▼ 6.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.92%
12-Months-Change
Fundamentals
Return on Equity
8.47%
Trailing 12-Months
Asset Growth
4.06%
Trailing 12-Months
Company Description
Equity Residential
Equity Residential operates as a real estate investment trust. It engages in the acquisition, development, and management of rental apartment properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The company was founded by Robert H. Lurie and Sam Zell in March 1993 and is headquartered in Chicago, IL.
---
EQR Company Deck
---
EQR Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong operational performance, successful acquisitions, and innovation in operations. However, challenges in expansion markets and specific issues in Los Angeles were notable concerns. Despite these challenges, the overall sentiment leans positive due to strong positioning in core markets and strategic acquisitions.Read More>---
EQR Stock 12 Month Forecast
Average Price Target
$81.25
▲(12.50% Upside)
Technical Analysis
Best Analysts Covering EQR
1 Year
1 Year Success Rate
15/21 ratings generated profit
1 Year Average Return
+6.90%
assigned a buy rating 2 months ago
Copying Michael Lewis's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +6.90% per trade.
---