Equity Residential (EQR)

Market Cap	28.90B
Revenue (ttm)	2.94B
Net Income (ttm)	924.93M
Shares Out	390.92M
EPS (ttm)	2.44
PE Ratio	30.33
Forward PE	46.44
Dividend	$2.70 (3.65%)
Ex-Dividend Date	Sep 24, 2024

Volume	1,360,226
Open	74.12
Previous Close	74.50
Day's Range	73.38 - 74.22
52-Week Range	56.05 - 78.83
Beta	0.91
Analysts	Buy
Price Target	74.39 (+0.64%)
Earnings Date	Oct 30, 2024

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 299 properties consisting of 79,738 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 20 analysts, the average rating for EQR stock is "Buy." The 12-month stock price forecast is $74.39, which is an increase of 0.64% from the latest price.

Price Target

$74.39

(0.64% upside)

Analyst Consensus: Buy