Equity Residential (EQR)

Market Cap	23.36B
Revenue (ttm)	2.87B
Net Income (ttm)	832.35M
Shares Out	379.55M
EPS (ttm)	2.20
PE Ratio	27.97
Forward PE	39.40
Dividend	$2.70 (4.39%)
Ex-Dividend Date	Mar 22, 2024

Volume	1,680,650
Open	61.33
Previous Close	60.99
Day's Range	61.15 - 61.90
52-Week Range	52.57 - 69.45
Beta	0.85
Analysts	Buy
Price Target	64.88 (+5.43%)
Earnings Date	Apr 23, 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 305 properties consisting of 80,683 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

Financial Performance

In 2023, EQR'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 14 analysts, the average rating for EQR stock is "Buy." The 12-month stock price forecast is $64.88, which is an increase of 5.43% from the latest price.

Price Target

$64.88

(5.43% upside)

Analyst Consensus: Buy