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Equity Residential (EQR)
NYSE:EQR
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EQR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$56.05 - $78.84
Previous Close$75.05
Volume362.30K
Average Volume (3M)1.58M
Market Cap
$29.70B
Enterprise Value$38.23B
Total Cash (Recent Filing)$28.61M
Total Debt (Recent Filing)$8.37B
Price to Earnings (P/E)31.4
Beta0.81
Next Earnings
Feb 04, 2025EPS Estimate
$0.42Last Dividend Ex-Date
Sep 24, 2024Dividend Yield3.64%
Share Statistics
EPS (TTM)2.39
Shares Outstanding379,429,476
10 Day Avg. Volume1,468,359
30 Day Avg. Volume1,583,728
Standard Deviation0.07
R-Squared0.47
Alpha-0.00915
Financial Highlights & Ratios
Price to Book (P/B)2.59
Price to Sales (P/S)9.61
Price to Cash Flow (P/CF)17.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.03
Enterprise Value/Gross Profit20.92
Enterprise Value/Ebitda16.33
Forecast
1Y Price Target
$80.44Price Target Upside5.91% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Equity Residential News
PremiumCompany Announcements
Equity Residential Reports Mixed Q3 2024 ResultsBulls Say, Bears Say
Bulls Say
Portfolio PerformanceEQR's portfolio has the highest 10-year risk/return score of its apartment peers.
Revenue GrowthManagement expects strong same store coastal revenue growth driven by high-end renters and promising supply/demand dynamics.
ValuationEQR is trading at a discount to the peer average, while historically trading at a premium.
Bears Say
Demographic TrendsDemographics suggest we are at or past peak demand for urban apartments.
Financial PerformanceShares of EQR have lagged its apartment peers and is the second worst performing.
Market ConditionsNew lease growth decelerated to -1.2%, with management noting quicker than anticipated deceleration, especially in Los Angeles and Expansion Markets.
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Ownership Overview
0.14% Insiders
27.64% Mutual Funds
16.47% Other Institutional Investors
27.81% 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.
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EQR FAQ
What was Equity Residential’s price range in the past 12 months?
Equity Residential lowest stock price was $56.05 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 73 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 Quarterly dividend of $0.68 which represents an annual dividend yield of 3.64%. See more information on Equity Residential dividends here
What is Equity Residential’s EPS estimate?
Equity Residential’s EPS estimate is $0.42.
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.
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Equity Residential Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$80.44 (5.91% Upside)
$80.44 (5.91% Upside)
Blogger Sentiment
Bullish
EQR Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 78.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 1.7%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.12%
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.
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EQR Company Deck
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EQR Earnings Call
Q3 2024
0:00 / 0:00
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EQR Stock 12 Month Forecast
Average Price Target
$80.44
▲(5.91% Upside)
Technical Analysis
Best Analysts Covering EQR
1 Year
1 Year Success Rate
16/21 ratings generated profit
1 Year Average Return
+8.00%
assigned a buy rating 23 days ago
Copying Michael Lewis's trades and holding each position for 1 Year would result in 76.19% of your transactions generating a profit, with an average return of +8.00% per trade.
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