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Equity Residential (EQR)

NYSE
Currency in USD
73.06
-0.70(-0.94%)
Real-time Data
EQR Scorecard
Full Analysis
Trading at a low P/E ratio relative to near-term earnings growth
Fair Value
Day's Range
72.8373.91
52 wk Range
57.3378.83
Key Statistics
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Prev. Close
73.75
Open
73.71
Day's Range
72.83-73.91
52 wk Range
57.33-78.83
Volume
353.64K
Average Volume (3m)
1.54M
1-Year Change
25.38%
Book Value / Share
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Fair Value
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Fair Value Upside
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EQR Scorecardpro icon
Company’s Health
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Fair Value
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Price Target
79.10
Upside
+8.27%
Members' Sentiments
Bearish
Bullish
ProTips
Prominent player in the Residential REITs industry
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Equity Residential Company Profile

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 312 properties consisting of 84,018 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin.

Equity Residential SWOT Analysis


Urban Market Shifts
Explore EQR's strategic positioning amidst changing urban demographics and evolving renter preferences in key U.S. growth markets
Financial Performance
Delve into EQR's recent "beat and raise" scenario, analyst FFO estimates, and the intriguing stock underperformance despite positive results
Growth Catalysts
Uncover EQR's potential for strategic acquisitions driven by improving cost of capital, with price targets ranging from $69 to $83
Market Challenges
Learn how EQR navigates urban population shifts, job market trends, and potential supply overhangs in its core coastal markets
Read full SWOT analysis
EQR Full Pro Research
Institutional-Grade Stock Analysis
Understand how EQR earns money
Financial health at a glance
Bearish and bullish outlooks
Latest expert insights
Actionable Pro Tips, and many more...
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Equity Residential Earnings Call Summary for Q3/2024

  • Same-store revenues up 2.9%, NOI up 3%, NFFO per share rose 3.2% in Q2 2024
  • Full-year guidance revised: same-store expense down 1%, NOI growth to 3.25%
  • Acquiring properties in suburban Boston, Atlanta, Dallas; implementing AI and self-guided tour tech
  • Strong performance in coastal markets, particularly Northeast and Seattle
  • Challenges in expansion markets due to new supply; $10M expected for rent control advocacy in California
Last Updated: 07/31/2024, 09:28 PM
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Compare EQR to Peers and Sector

Metrics to compare
EQR
Peers
Sector
Relationship
P/E Ratio
30.0x33.9x7.4x
PEG Ratio
0.850.290.01
Price/Book
2.6x2.1x0.9x
Price / LTM Sales
9.4x8.0x4.0x
Upside (Analyst Target)
5.8%8.5%15.9%
Fair Value Upside
Unlock−9.1%0.3%Unlock

Analysts' Recommendations

9 Buy
16 Hold
0 Sell
Ratings:
21 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 79.05

(+8.20% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.44
Dividend Yield
3.66%
Industry Median 5.09%
Annualized payout
2.7000
Paid quarterly
5-Years Growth
+3.69%
Growth Streak

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FAQ

What Is the Equity Residential (EQR) Stock Price Today?

The Equity Residential stock price today is 73.06

What Stock Exchange Does Equity Residential Trade On?

Equity Residential is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Equity Residential?

The stock symbol for Equity Residential is "EQR."

Does Equity Residential Pay Dividends? What’s The Current Dividend Yield?

The Equity Residential dividend yield is 3.66%.

What Is the Equity Residential Market Cap?

As of today, Equity Residential market cap is 28.54B.

What is Equity Residential Earnings Per Share?

The Equity Residential EPS is 2.44.

What Is the Next Equity Residential Earnings Date?

Equity Residential will release its next earnings report on Feb 03, 2025.

From a Technical Analysis Perspective, Is EQR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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