Equity Residential (EQR)
| Market Cap | 27.47B |
| Revenue (ttm) | 2.57B |
| Net Income (ttm) | 910.55M |
| Shares Out | 371.79M |
| EPS (ttm) | 2.45 |
| PE Ratio | 30.27 |
| Forward PE | 97.09 |
| Dividend | $2.41 |
| Dividend Yield | 3.25% |
| Trading Day | April 20 |
| Last Price | $74.09 |
| Previous Close | $73.03 |
| Change ($) | 1.06 |
| Change (%) | 1.45% |
| Day's Open | 72.87 |
| Day's Range | 72.83 - 74.34 |
| Day's Volume | 2,100,513 |
| 52-Week Range | 44.59 - 75.49 |
The first quarter, which typically remains a slow leasing period in other years, was impressive this year with solid demand for rental units and the most noticeable in the Sunbelt region.
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the company will release its first quarter 2021 operating results on Tuesday, April 27, 2021 after the close of market and h...
BZUN, EQR, FRPT, JAZZ, and SPTN have been added to the Zacks Rank #5 (Strong Sell) List on March 23, 2021
Equity Residential's (NYSE:EQR) stock has been falling Friday, down 2.41% to a price of $71.47. The stock's volume is currently 798.22 thousand, which is roughly 28.89% of its recent 30-day volume avera...
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 divi...
Equity Residential (EQR) sees decent demand for apartment units in February, as well as improvement in rates and reductions in leasing concession usage.
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 participat...
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today provided an update regarding certain same store Residential operating trends in its business. The Company continued to see good demand for ...
Equity Residential's (EQR) Q4 results reflect better-than-expected rental income. The company is experiencing better operating trends with sequential improvement in physical occupancy and pricing.
Equity Residential (EQR) delivered FFO and revenue surprises of 2.70% and 0.89%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and year ended December 31, 2020 and has posted a Q4 2020 Management Presentation to its website as refere...
Equity Residential (EQR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
While Equity Residential's (EQR) Q4 results might reflect choppiness for its urban assets with stress on rent and occupancy, the REIT's sub-urban portfolio is likely to have offered support.
The Democratic Party has obtained control of Congress. With a very small majority, the moderates in the party will have control to prevent the most extreme ideas.
REITs that own highly urban properties are today historically undervalued. This is because the market is worried about the "flight to suburbs."
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the company will release its fourth quarter 2020 operating results on Wednesday, February 10, 2021 after the close of market...
It is time to start looking over the valley.
The grave dancer, Sam Zell, is at it again, as the largest individual shareholder in the multifamily REIT Equity Residential. As a shareholder in EQR, I suppose I'm investing alongside the so-called "gr...
Last week, we published an article highlighting what could be a major workforce trend: The tech-exodus from California. Even with this headwind in place, we rate Essex Property Trust a Buy.
Equity Residential's (EQR) San Diego asset disposition comes as part of its efforts to minimize near-term maturities and boost balance-sheet flexibility.
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company has sold an apartment property in San Diego and used the sale proceeds to enhance its already strong financial p...
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 divi...
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced the appointment of Angela Aman to the Company's Board of Trustees to serve until the next annual meeting of shareholders. Ms. Ama...
Equity Residential's portfolio of multifamily properties is the most urban relative to all other pure multi-family REIT plays. Its properties in urban markets like San Francisco, Boston and New York hav...
Historically, residential REITs have proved to be very resilient.
Apartment REITs have become deeply discounted in 2020. Despite the negative market sentiment, the long-term fundamental background remains very positive.
Buying apartments at pennies on the dollar has always been a good investment. Today high-quality apartment REITs are priced at a deep discount to what they would be worth in the private market.
The pandemic-driven "urban exodus" hasn't yet shown signs of slowing. Apartment REITs in the coastal "shutdown cities" have been slammed as residents flee to lower-cost suburban markets and business-fri...
In this article you are going to find out whether hedge funds think Equity Residential (NYSE:EQR) is a good investment right now. We like to check what the smart money thinks first before doing extensiv...
Housing stocks see split reaction on vaccine news
Housing stocks are having a split reaction to the Covid-19 vaccine news. CNBC's Diana Olick reports on why homebuilder stocks and apartment REITs are responding differently to the news.
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR), a recognized leader in Environmental, Social and Governance (ESG) principles, today announced the publication of its 2020 ESG Report. The report...
The suburbs are holding up, but the cities are a problem.
EQR's portfolio of mostly urban, mid/high-rise apartment buildings in coastal gateway cities has been slammed by COVID-19, work-from-home, and lockdowns this year. Occupancy and average rent rates are d...
Equity Residential (EQR) CEO Mark Parrell on Q3 2020 Results - Earnings Call Transcript
Equity Residential's (EQR) Q3 results reflect the struggle of its urban core portfolio amid the pandemic-related reductions in economic activity.
Equity Residential (EQR) delivered FFO and revenue surprises of -6.10% and -2.50%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and nine months ended September 30, 2020. Third Quarter 2020 Results All per share results are reported as...
We believe that Equity Residential stock (NYSE: EQR) has an upside potential of 60% post-pandemic when the occupancy rates and demand in residential property rent and lease markets in the urban and dens...
Though Equity Residential (EQR) has a solid portfolio and is leveraging on technology for sales and service, its Q3 results will likely reflect choppy rental housing demand in a number of its markets.
The strategies of these five REITs that invest in purchasing, developing, and managing apartment complexes may make them smart investments.
Equity Residential (EQR-an apartment REIT) is at a ten year discount to bonds due to short term pressure on rents.
Residential real estate continues to enjoy very strong fundamentals despite the Covid-19 pandemic.
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 high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.
| Industry REIT-Residential | IPO Date Aug 11, 1993 |
| CEO David Neithercut | Employees 2,600 |
| Stock Exchange NYSE | Ticker Symbol EQR |
Financial Performance
In 2020, EQR's revenue was $2.57 billion, a decrease of -4.78% compared to the previous year's $2.70 billion. Earnings were $913.64 million, a decrease of -5.85%.
Analyst Forecasts
According to 22 analysts, the average rating for EQR stock is "Hold." The 12-month stock price forecast is 68.37, which is a decrease of -7.72% from the latest price.