Equity Residential (EQR)
| Market Cap | 25.17B -4.4% |
| Revenue (ttm) | 3.11B +3.4% |
| Net Income | 952.15M -4.3% |
| EPS | 2.51 -4.3% |
| Shares Out | 384.00M |
| PE Ratio | 26.16 |
| Forward PE | 47.36 |
| Dividend | $2.81 (4.29%) |
| Ex-Dividend Date | Mar 30, 2026 |
| Volume | 1,772,320 |
| Open | 65.89 |
| Previous Close | 65.86 |
| Day's Range | 65.41 - 66.06 |
| 52-Week Range | 57.57 - 71.80 |
| Beta | 0.77 |
| Analysts | Buy |
| Price Target | 69.88 (+6.62%) |
| 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 in Maryland, USA.
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 14 analysts, the average rating for EQR stock is "Buy." The 12-month stock price target is $69.88, which is an increase of 6.62% from the latest price.
News
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 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 Announces First Quarter 2026 Earnings Release Date
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its first quarter 2026 operating results on Tuesday, April 28, 2026, after the close of market an...
Equity Residential upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley upgraded Equity Residential (EQR) to Overweight from Equal Weight with a price target of $74, up from $72. The firm’s new analysis has cities outperforming suburbs for the
Equity Residential raises quarterly dividend to 70.3c per share from 69.3c
A regular common share dividend for the first quarter of $0.7025 per share will be paid on April 10, 2026, to shareholders of record on March 30, 2026. Published first
Equity Residential Declares First 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 price target lowered to $72 from $73.50 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Equity Residential (EQR) to $72 from $73.50 and keeps an Equal Weight rating on the shares. The firm updated its models for
Equity Residential price target raised to $70 from $69 at Evercore ISI
Evercore ISI raised the firm’s price target on Equity Residential (EQR) to $70 from $69 and keeps an Outperform rating on the shares.
Equity Residential price target lowered to $75 from $78 at Barclays
Barclays lowered the firm’s price target on Equity Residential (EQR) to $75 from $78 and keeps an Overweight rating on the shares. The firm reduced estimates in the residential real
Equity Residential price target raised to $67 from $66 at Scotiabank
Scotiabank raised the firm’s price target on Equity Residential (EQR) to $67 from $66 and keeps a Sector Perform rating on the shares. The firm is updating its price targets
Equity Residential Transcript: Citi’s Miami Global Property CEO Conference 2026
Management emphasized efficient operations, strong urban market positioning, and robust tenant financial health. AI and technology are driving further efficiency and headcount reductions, while aggressive capital allocation continues through asset sales and buybacks. Urban supply constraints and high retention support pricing power.
Equity Residential to Participate in Citi 2026 Global Property CEO Conference
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that members of the Company's senior management team, including the Company's President and CEO, Mark J. Parrell, will particip...
Equity Residential price target raised to $64 from $61 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Equity Residential (EQR) to $64 from $61 and keeps a Neutral rating on the shares. The five covered Multifamily REITs reported Q4
Equity Residential Earnings Call Transcript: Q4 2025
2025 results met guidance despite volatility, with strong occupancy and record-low turnover. 2026 guidance anticipates 1.5%-3% Same Store revenue growth, led by San Francisco and New York, as supply pressures ease and technology-driven efficiencies continue.
Equity Residential price target lowered to $78.50 from $79.75 at Stifel
Stifel lowered the firm’s price target on Equity Residential (EQR) to $78.50 from $79.75 and keeps a Buy rating on the shares.
Equity Residential reports Q4 normalized FFO $1.03c, consensus $1.04
Reports Q4 revenue $781.9M, consensus $789.34M. The company said, “With new apartment supply dramatically declining, continued social and cost considerations that favor rental housing and a portfolio ...