Equity Residential (EQR)

Market Cap	27.89B
Revenue (ttm)	2.94B
Net Income (ttm)	924.93M
Shares Out	390.92M
EPS (ttm)	2.44
PE Ratio	29.28
Forward PE	45.80
Dividend	$2.70 (3.78%)
Ex-Dividend Date	Jan 2, 2025

Volume	2,435,767
Open	70.52
Previous Close	69.49
Day's Range	69.95 - 72.11
52-Week Range	57.33 - 78.83
Beta	0.94
Analysts	Buy
Price Target	76.61 (+7.37%)
Earnings Date	Jan 28, 2025

About EQR

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. W...

• Industry: REIT - Residential
• Sector: Real Estate
• IPO Date: Aug 11, 1993
• Employees: 2,400
• Stock Exchange: NYSE
• Ticker Symbol: EQR
• Website: https://www.equityapartments.com

Financial Performance

In 2023, Equity Residential's revenue was $2.87 billion, an increase of 5.07% compared to the previous year's $2.74 billion. Earnings were $832.35 million, an increase of 7.56%.

Analyst Forecast

According to 19 analysts, the average rating for EQR stock is "Buy." The 12-month stock price forecast is $76.61, which is an increase of 7.37% from the latest price.

Price Target

$76.61

(7.37% upside)

Analyst Consensus: Buy