Equity Residential (EQR)
| Market Cap | 25.42B -4.0% |
| Revenue (ttm) | 3.11B +3.4% |
| Net Income | 952.15M -4.3% |
| EPS | 2.51 -4.3% |
| Shares Out | 384.04M |
| PE Ratio | 26.42 |
| Forward PE | 46.22 |
| Dividend | $2.81 (4.24%) |
| Ex-Dividend Date | Mar 30, 2026 |
| Volume | 2,034,974 |
| Open | 65.67 |
| Previous Close | 65.76 |
| Day's Range | 65.56 - 66.59 |
| 52-Week Range | 57.57 - 70.31 |
| Beta | 0.77 |
| Analysts | Buy |
| Price Target | 70.13 (+5.94%) |
| 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 85,190 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 $70.13, which is an increase of 5.94% from the latest price.
News
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
A merger of equals will create the largest public apartment REIT, combining over 180,000 homes and nearly $70B in enterprise value. The deal targets $125M in annual synergies within 18 months, driven by technology, scale, and operational efficiencies, with accretive growth and enhanced development capacity 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…
Equity Residential price target raised to $66 from $64 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Equity Residential (EQR) to $66 from $64 and keeps a Neutral rating on the shares. The firm updated models in the multifamily…
Equity Residential price target raised to $69 from $67 at RBC Capital
RBC Capital raised the firm’s price target on Equity Residential (EQR) to $69 from $67 and keeps an Outperform rating on the shares. The Company’s Q1 results on April leasing…
Equity Residential Earnings Call Transcript: Q1 2026
Q1 2026 results met expectations, led by strong demand and limited supply in San Francisco and New York, with portfolio occupancy above 96%. Guidance remains for 1.5%-3% blended rate growth, and capital allocation favors buybacks and targeted development over acquisitions.
Equity Residential Earnings release: Q1 2026
Equity Residential released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.
Equity Residential Quarterly report: Q1 2026
Equity Residential has published its Q1 2026 quarterly earnings report on April 29, 2026.
Equity Residential price target raised to $70 from $67 at Evercore ISI
Evercore ISI analyst Steve Sakwa raised the firm’s price target on Equity Residential (EQR) to $70 from $67 and keeps an Outperform rating on the shares.
Equity Residential price target lowered to $78.25 from $78.50 at Stifel
Stifel lowered the firm’s price target on Equity Residential (EQR) to $78.25 from $78.50 and keeps a Buy rating on the shares.
Equity Residential reports Q1 normalized FFO 99c, consensus 95c
Reports Q1 revenue $779.85M, consensus $784.24M. “We have gotten off to a solid start to 2026 and are well positioned entering the peak leasing season. Our substantial exposure to the…
Equity Residential sees Q2 normalized FFO 98c-$1.02
16:36 EDT Equity Residential (EQR) sees Q2 normalized FFO 98c-$1.02
Equity Residential Reports First Quarter 2026 Results
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter ended March 31, 2026. First Quarter 2026 Results All per share results are reported as available to comm...
Equity Residential price target raised to $76 from $75 at Barclays
Barclays raised the firm’s price target on Equity Residential (EQR) to $76 from $75 and keeps an Overweight rating on the shares. The firm adjusted multifamily and single-family real estate…
Equity Residential Proxy statement: Proxy filing
Equity Residential filed a proxy statement on April 14, 2026, providing details for shareholder voting and corporate governance matters.