Equity Residential (EQR)
| Market Cap | 26.23B +3.1% |
| Revenue (ttm) | 3.13B +2.8% |
| Net Income | 873.93M -13.5% |
| EPS | 2.31 -13.0% |
| Shares Out | 384.15M |
| PE Ratio | 29.58 |
| Forward PE | 45.49 |
| Dividend | $2.81 (4.11%) |
| Ex-Dividend Date | Jun 29, 2026 |
| Volume | 5,285,146 |
| Open | 69.00 |
| Previous Close | 68.29 |
| Day's Range | 67.95 - 69.29 |
| 52-Week Range | 57.57 - 71.50 |
| Beta | 0.75 |
| Analysts | Buy |
| Price Target | 73.00 (+6.91%) |
| Earnings Date | Jul 22, 2026 |
About EQR
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, owns and manages 312 rental properties consisting of 85,211 apartment units in dynamic metro areas across the U.S. with a primary concentration in major coastal markets, diversified by a targeted presence in the high-growth metro areas of Atlanta, Austin, Dallas/Ft. Worth and Denver. Equity Residential was incorporated in 1993 and is based in Chicago, United States.
Financial Performance
In 2025, Equity Residential's revenue was $3.09 billion, an increase of 3.82% compared to the previous year's $2.98 billion. Earnings were $1.12 billion, an increase of 8.32%.
Financial StatementsAnalyst Summary
According to 21 analysts, the average rating for EQR stock is "Buy." The 12-month stock price target is $73.0, which is an increase of 6.91% from the latest price.
News
Equity Residential reports Q2 normalized FFO $1.02, consensus $1.01
Reports Q2 revenue $785M, consensus $787.7M. “We are pleased to increase our same store revenue and NOI annual guidance as a result of a solid demand environment characterized by occupancy…
Equity Residential Reports Second Quarter 2026 Results
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and six months ended June 30, 2026 and has posted a Q2 2026 Management Presentation to its website as re...
Equity Residential Slides: Q2 2026
Equity Residential has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 22, 2026.
Equity Residential Earnings release: Q2 2026
Equity Residential released its Q2 2026 earnings on July 22, 2026, summarizing the period's financial results.
Equity Residential price target raised to $75 from $72 at Piper Sandler
Piper Sandler raised the firm’s price target on Equity Residential (EQR) to $75 from $72 and keeps a Neutral rating on the shares ahead of quarterly results. Lack of supply…
Equity Residential price target raised to $72 from $63 at Deutsche Bank
Deutsche Bank analyst Peter Abramowitz raised the firm’s price target on Equity Residential (EQR) to $72 from $63 and keeps a Hold rating on the shares following a transfer of…
Equity Residential downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Richard Hightower downgraded Equity Residential (EQR) to Equal Weight from Overweight with an unchanged price target of $76. The firm believes the company’s initial funds from operati...
Equity Residential price target raised to $70 from $67 at Scotiabank
Scotiabank analyst Nicholas Yulico raised the firm’s price target on Equity Residential (EQR) to $70 from $67 and keeps a Sector Perform rating on the shares. The firm is updating…
AvalonBay Communities, Inc. Announces Second Quarter 2026 Earnings Release Date
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) will release its second quarter 2026 earnings on July 22, 2026 after the market close. In light of the Company'...
Equity Residential Announces Second Quarter 2026 Earnings Release Date
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its second quarter 2026 operating results on July 22, 2026, after the market close. In light of t...
Equity Residential Declares Second Quarter Dividends
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that its Board of Trustees declared quarterly dividends on the Company's common and preferred shares. A regular common share di...
Equity Residential Transcript: AGM 2026
The meeting covered trustee elections, auditor ratification, and executive compensation, all of which were approved. Shareholders participated virtually, and a Q&A session followed the business agenda.
Equity Residential price target raised to $72 from $70 at Truist
Truist analyst Michael Lewis raised the firm’s price target on Equity Residential (EQR) to $72 from $70 and keeps a Buy rating on the shares. The firm is adjusting its…
Equity Residential price target raised to $70 from $66 at Mizuho
Mizuho analyst Haendel St. Juste raised the firm’s price target on Equity Residential (EQR) to $70 from $66 and keeps a Neutral rating on the shares. The firm adjusted targets…
RBC downgrades Equity Residential on low visibility into AvalonBay deal
RBC Capital downgraded Equity Residential (EQR) to Sector Perform from Outperform with a price target of $70, up from $69. The firm expects a period of lower visibility into the…
Equity Residential downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital analyst Brad Heffern downgraded Equity Residential (EQR) to Sector Perform from Outperform with a price target of $70, up from $69.
AvalonBay, Equity Residential announce leadership team for combined company
Equity Residential (EQR) and AvalonBay Communities (AVB) announced the executive leadership team that will lead the combined company following the closing of the previously announced merger of equals,...
Equity Residential price target raised to $71 from $70 at Evercore ISI
Evercore ISI analyst Steve Sakwa raised the firm’s price target on Equity Residential (EQR) to $71 from $70 and keeps an In Line rating on the shares. The firm adjusted…
AvalonBay Communities and Equity Residential Announce Leadership Team for Combined Company
CHICAGO & ARLINGTON, Va.--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) and AvalonBay Communities, Inc. (NYSE: AVB) today announced the executive leadership team that will lead the combined company ...
Equity Residential upgraded to Outperform from Peer Perform at Wolfe Research
Wolfe Research upgraded Equity Residential (EQR) to Outperform from Peer Perform. The firm thinks merger synergies and a discounted valuation are enough to offset macro conditions it would characteriz...
Equity Residential downgraded to In Line from Outperform at Evercore ISI
Evercore ISI downgraded Equity Residential (EQR) to In Line from Outperform with an unchanged price target of $70. The firm believes that it is going to take time for the…
Equity Residential downgraded to Neutral from Overweight at Piper Sandler
Piper Sandler last night downgraded Equity Residential (EQR) to Neutral from Overweight with a price target of $72, down from $78. The firm says synergies from the AvalonBay Communities deal…
Equity Residential downgraded to Neutral from Overweight at Piper Sandler
Piper Sandler analyst Alexander Goldfarb downgraded Equity Residential (EQR) to Neutral from Overweight.
Equity Residential price target raised to $79 from $78.25 at Stifel
Stifel analyst Simon Yarmak raised the firm’s price target on Equity Residential (EQR) to $79 from $78.25 and keeps a Buy rating on the shares.
Equity Residential upgraded to Buy from Neutral at BofA
BofA upgraded Equity Residential (EQR) to Buy from Neutral with a $76 price target, telling investors that the firm is positive on AvalonBay (AVB) and Equity Residential’s merger announcement. Initial...