Equity Residential (EQR)

NYSE: EQR · IEX Real-Time Price · USD
75.75
+0.53 (0.70%)
Aug 8, 2022 4:00 PM EDT - Market closed
0.70%
Market Cap 29.55B
Revenue (ttm) 2.61B
Net Income (ttm) 1.25B
Shares Out 390.16M
EPS (ttm) 3.21
PE Ratio 23.60
Forward PE 61.35
Dividend $2.46 (3.24%)
Ex-Dividend Date Jun 24, 2022
Volume 1,139,697
Open 75.63
Previous Close 75.22
Day's Range 75.35 - 76.34
52-Week Range 67.48 - 94.32
Beta 0.83
Analysts Buy
Price Target 84.27 (+11.2%)
Earnings Date Jul 26, 2022

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. [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Aug 11, 1993
CEO Mark Parrell
Employees 2,400
Stock Exchange NYSE
Ticker Symbol EQR
Full Company Profile

Financial Performance

In 2021, EQR's revenue was $2.46 billion, a decrease of -4.19% compared to the previous year's $2.57 billion. Earnings were $1.33 billion, an increase of 45.88%.

Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for EQR stock is "Buy." The 12-month stock price forecast is 84.27, which is an increase of 11.25% from the latest price.

Price Target
$84.27
(11.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Worried About a Recession? This Real Estate Company Is Not.

Luxury tenants are in a good place financially.

This 3.3%-Yielding Dividend Stock's 19% Decline Looks Like an Incredible Buying Opportunity

The stock has sold off, even though market conditions couldn't be stronger.

Equity Residential (EQR) Tops Q2 FFO Estimates, Ups 2022 View

Equity Residential's (EQR) Q2 results reflect better-than-anticipated rental income. The company experiences robust physical occupancy and a sustained pricing power improvement and raises the 2022 view.

Equity Residential (EQR) Tops Q2 FFO and Revenue Estimates

Equity Residential (EQR) delivered FFO and revenue surprises of 4.71% and 2.45%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Equity Residential Reports Second Quarter 2022 Results

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and six months ended June 30, 2022. Second Quarter 2022 Results All per share results are reported as avai...

Why Earnings Season Could Be Great for Equity Residential (EQR)

Equity Residential (EQR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Love Passive Income? Here Are 3 Great Stocks to Help You Collect Some Easy Cash Flow

These real estate investment trusts make it easy to collect passive income.

Other symbols: MPWO

What's in Store for Equity Residential (EQR) in Q2 Earnings?

Equity Residential's (EQR) Q2 results are likely to benefit from the improving demand for its apartment units due to the solid rebound in the residential real estate market.

Better Real Estate Stock: Digital Realty vs. Equity Residential

Here's why you might consider buying one of these REITs over the other.

Other symbols: DLR

3 Ways to Invest in Real Estate With Sam Zell

Use his three REITs.

Other symbols: ELSEQC

These 3 Stocks Are Exceptional Value Buys Right Now

The market sell-off is providing investors with great bargains.

Other symbols: INVHPLD

This REIT Is a Must-Own for Any Dividend Investor

Equity Residential is a liquid way for investors to play the red-hot residential real estate market.

3 Unstoppable Real Estate Stocks to Buy Hand Over Fist

These REITs are trading at discounted levels and have tremendous long-term potential.

Other symbols: DLRLGIH

Why Equity Residential Stock Slumped More than 20% in the First Half of 2022

The apartment REIT's valuation fell as growth concerns emerged.

What's Next in Real Estate? 3 Investors Weigh In

The tides are changing in the real estate market, bringing new opportunities and challenges.

Other symbols: FPIINVHLANDMAA

This REIT's Expansion Strategy Could Pay Big Dividends

This REIT is moving into a fast-growing region.

Equity Residential Announces Second Quarter 2022 Earnings Release Date

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its second quarter 2022 operating results on Tuesday, July 26, 2022 after the close of market and h...

3 Best Housing Stocks to Buy Now

Real estate shares have been hit alongside the market's sell-off, but make no mistake, these best housing stocks are ready for price inflation. The post 3 Best Housing Stocks to Buy Now appeared first o...

Other symbols: LENRDFN

3 Red-Hot Stocks to Buy for the Long Haul

Today's prices are the perfect opportunity to invest in these long-term winners for a steal.

Other symbols: CUZDLR

Equity Residential Declares Second 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 divi...

7 Undervalued REITs to Buy Before They Go Sky-High

The stock market is looking shaky, but these undervalued REITs should be fine during the current inflationary economic conditions. The post 7 Undervalued REITs to Buy Before They Go Sky-High appeared fi...

Other symbols: AMTCCICUBEDLRIIPRLSI

Nearing Retirement? The 3 Best REIT Dividend Stocks to Buy Now

Need stability and income? Check out these names that successfully navigated the market volatility of the past couple of years.

Other symbols: AREO

Equity Residential to Participate in Nareit Investor 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 participat...

Why Is Equity Residential (EQR) Down 11.4% Since Last Earnings Report?

Equity Residential (EQR) reported earnings 30 days ago. What's next for the stock?

Here's Why You Should Hold Equity Residential (EQR) Stock Now

Equity Residential (EQR) is well-poised to grow on portfolio rebalancing, improving demand and a healthy balance sheet. However, stiff competition and a flexible working environment are key concerns.