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Equity Residential (EQR)
NYSE:EQR
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EQR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$57.33 - $78.84
Previous CloseN/A
Volume407.37K
Average Volume (3M)1.49M
Market Cap
$27.47B
Enterprise Value$38.33B
Total Cash (Recent Filing)$77.21M
Total Debt (Recent Filing)$8.97B
Price to Earnings (P/E)29.1
Beta0.84
Next Earnings
Feb 03, 2025EPS Estimate
0.42Last Dividend Ex-Date
Jan 02, 2025Dividend Yield3.87%
Share Statistics
EPS (TTM)2.39
Shares Outstanding379,429,470
10 Day Avg. Volume1,654,515
30 Day Avg. Volume1,486,626
Standard Deviation0.07
R-Squared0.50
Alpha-0.00729
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)8.96
Price to Cash Flow (P/CF)16.40
P/FCF Ratio0.00
Enterprise Value/Market Cap1.40
Enterprise Value/Revenue13.06
Enterprise Value/Gross Profit20.97
Enterprise Value/Ebitda16.37
Forecast
1Y Price Target
$79.42Price Target Upside13.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Equity Residential News
PremiumCompany Announcements
Equity Residential Expands Severance Plan and Paper Program
Bulls Say, Bears Say
Bulls Say
Financial 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.
Stock ValuationEQR is trading at a discount to the peer average, while historically trading at a premium.
Bears Say
Financial Forecast2025 forecasted embedded growth is estimated at 0.7%-1.0%, which is below the Morgan Stanley estimate of 1.2%.
Lease GrowthNew lease growth decelerated to -1.2% compared to 0.2% in the previous quarter, with management noting quicker than anticipated deceleration, especially in Los Angeles and Expansion Markets.
Stock PerformanceShares of EQR have lagged its apartment peers and is the second worst performing.
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Ownership Overview
0.14% Insiders
28.32% Mutual Funds
0.11% Other Institutional Investors
44.82% 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 $57.33 and its highest was $78.83 in the past 12 months.
What is Equity Residential’s market cap?
Equity Residential’s market cap is $27.47B.
When is Equity Residential’s upcoming earnings report date?
Equity Residential’s upcoming earnings report date is Feb 03, 2025 which is in 16 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 $2.7 which represents an annual dividend yield of 3.87%. 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 -4.833%.
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:
$79.42 (13.05% Upside)
$79.42 (13.05% Upside)
Blogger Sentiment
Bullish
EQR Sentiment 100%
Sector Average 69%
Sector Average 69%
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 Positive
Last 7 Days <0.1%
Last 30 Days ▲ 4.5%
Last 30 Days ▲ 4.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.85%
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
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
$79.42
▲(13.05% Upside)
Technical Analysis
Essex Property
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AvalonBay
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UDR
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Camden Property
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Mid-America Apartment
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Sun Communities
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Best Analysts Covering EQR
1 Year
1 Year Success Rate
14/21 ratings generated profit
1 Year Average Return
+6.29%
reiterated a buy rating 2 days ago
Copying Michael Lewis's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +6.29% per trade.
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