Equity Residential (EQR)
| Market Cap | 25.96B -0.4% |
| Revenue (ttm) | 3.11B +3.4% |
| Net Income | 952.15M -4.3% |
| EPS | 2.51 -4.3% |
| Shares Out | 384.04M |
| PE Ratio | 26.98 |
| Forward PE | 46.19 |
| Dividend | $2.81 (4.16%) |
| Ex-Dividend Date | Mar 30, 2026 |
| Volume | 3,952,249 |
| Open | 67.89 |
| Previous Close | 67.86 |
| Day's Range | 67.28 - 68.23 |
| 52-Week Range | 57.57 - 70.21 |
| Beta | 0.76 |
| Analysts | Buy |
| Price Target | 71.56 (+5.84%) |
| Earnings Date | Apr 28, 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 $71.56, which is an increase of 5.84% from the latest price.
News
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...
What the AvalonBay, Equity Residential megamerger means for the apartment industry and rents
AvalonBay and Equity Residential announced plans to combine in a deal worth $69 billion on an enterprise basis. The deal will create one of the largest real estate companies in the U.S., with more tha...
Equity Residential Transcript: M&A announcement
The merger creates the largest U.S. public apartment company, targeting $125M in annual net synergies and 2% Core FFO accretion by 2026. Integration will focus on technology, data, and development scale, with no major regulatory hurdles expected.
Equity Residential Slides: M&A announcement
Equity Residential has posted slides in relation to its latest quarterly earnings report, which was published on May 21, 2026.
Equity Residential Press release: M&A announcement
Equity Residential issued a press release on May 21, 2026, disclosing material business information to investors.
Equity Residential, AvalonBay to merge in mega US real estate deal
Equity Residential and AvalonBay Communities have agreed to an all-stock merger to form a housing rental company with an enterprise value of $69 billion, the firms said on Thursday, strengthening th...
AvalonBay, Equity Residential announce merger of equals
06:00 EDT AvalonBay (AVB), Equity Residential (EQR) announce merger of equals
AvalonBay, Equity Residential to combine in an all-stock merger of equals
Equity Residential (EQR) and AvalonBay Communities (AVB) announced a definitive agreement to combine in an all-stock merger of equals creating one of the country’s leading real estate companies with t...
AvalonBay Communities and Equity Residential Announce Merger of Equals, Creating One of the Country's Leading Real Estate Companies
CHICAGO & ARLINGTON, Va.--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) and AvalonBay Communities, Inc. (NYSE: AVB) today announced a definitive agreement to combine in an all-stock merger of equals...
Apartment Owners AvalonBay and Equity Residential Near Deal to Combine
Two big apartment owners, AvalonBay Communities and Equity Residential, are nearing a deal to combine in a bid to create a multifamily real-estate giant, according to people familiar with the matter.
AvalonBay, Equity Residential near deal to combine, Bloomberg reports
AvalonBay Communities (AVB) and Equity Residential (EQR) are close to an agreement that would combine two of the biggest REITs by value, with an announcement of the deal possibly coming…
Equity Residential price target raised to $73 from $71 at UBS
UBS raised the firm’s price target on Equity Residential (EQR) to $73 from $71 and keeps a Buy rating on the shares.
Equity Residential price target raised to $72 from $71 at JPMorgan
JPMorgan raised the firm’s price target on Equity Residential (EQR) to $72 from $71 and keeps a Neutral rating on the shares.
Equity Residential price target raised to $75 from $73 at BofA
BofA raised the firm’s price target on Equity Residential (EQR) to $75 from $73 and keeps a Neutral rating on the shares. The firm is updating models for Q1 results…