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Equity Residential (EQR)

Stock Price: $51.31 USD 0.56 (1.10%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed
After-hours: $51.35 +0.04 (0.08%) Oct 23, 7:58 PM

Stock Price Chart

Key Info

Market Cap 19.81B
Revenue (ttm) 2.70B
Net Income (ttm) 1.13B
Shares Out 372.21M
EPS (ttm) 3.01
PE Ratio 17.05
Forward PE 43.29
Dividend $2.41
Dividend Yield 4.70%

Stock Quote

Trading Day Oct 23, 2020
Last Price $51.31
Previous Close $50.75
Change ($) 0.56
Change (%) 1.10%
Day's Open 51.33
Day's Range 50.42 - 51.44
Day's Volume 2,574,102
52-Week Range 49.62 - 89.55

More Stats

Market Cap 19.81B
Enterprise Value 28.32B
Earnings Date (est) Oct 27, 2020
Ex-Dividend Date Sep 24, 2020
Shares Outstanding 372.21M
Float 364.76M
EPS (basic) 3.03
EPS (diluted) 3.01
FCF / Share 4.23
Dividend $2.41
Dividend Yield 4.70%
Earnings Yield 5.87%
FCF Yield 7.93%
Payout Ratio 77.20%
Shares Short 7.30M
Short Ratio 2.39
Short % of Float 2.00%
Beta 0.58
PE Ratio 17.05
Forward PE 43.29
P/FCF Ratio 12.61
PS Ratio 7.32
PB Ratio 1.79
Revenue 2.70B
Operating Income 895.27M
Net Income 1.13B
Free Cash Flow 1.57B
Net Cash -8.51B
Net Cash / Share -22.03
Gross Margin 66.27%
Operating Margin 33.10%
Profit Margin 41.50%
FCF Margin 58.08%
ROA 2.68%
ROE 10.76%
ROIC 4.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (22)

Buy 4
Overweight 1
Hold 12
Underweight 0
Sell 5

Analyst Consensus: Hold

Price Target

$58.50*
(14.01% upside)
Low
50.0
Current: $51.31
High
77.0
Target: 58.50
*Average 12-month price target from 18 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,7012,5782,4712,4262,7452,6152,3881,7481,5251,675
Revenue Growth4.76%4.33%1.88%-11.63%4.98%9.51%36.64%14.57%-8.93%-
Gross Profit1,7931,6991,6451,6201,8401,7311,5601,1279611,020
Operating Income9098598478561,009922519519409353
Net Income9706586034,2928706311,831842894284
Shares Outstanding370368367365363361354303295283
Earnings Per Share2.601.771.6311.682.361.735.162.702.980.95
EPS Growth46.89%8.59%-86.04%394.92%36.42%-66.47%91.11%-9.4%213.68%-
Dividend Per Share2.272.162.0213.022.212.001.851.781.581.47
Dividend Growth5.09%7.14%-84.51%488.65%10.55%8.11%3.93%12.66%7.48%-
Operating Cash Flow1,4571,3561,2661,2141,3571,3248691,046800726
Capital Expenditures-840-370-5895,823-726-6693,926-137-213-789
Free Cash Flow6179866777,0376306554,795909587-62.97
Cash & Equivalents11711610121942.2840.0853.53613384431
Total Debt9,3688,8188,9578,98710,92110,84510,7668,5299,7219,948
Net Cash / Debt-9,251-8,702-8,857-8,768-10,879-10,805-10,713-7,917-9,337-9,517
Assets21,17320,39420,57120,70423,11022,95122,83517,20116,65916,184
Liabilities10,1659,6159,7309,80111,84711,74211,6269,27610,38010,592
Book Value10,31610,17310,24210,22910,47010,36810,5077,2905,6695,090
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Equity Residential
Country United States
Employees 2,600
CEO Mark J. Parrell

Stock Information

Ticker Symbol EQR
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Residential
Unique Identifier NYSE: EQR
IPO Date August 11, 1993

Description

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 rental apartment properties located in urban and high-density suburban communities where today's renters want to live, work and play. Equity Residential owns or has investments in 306 properties consisting of 79,065 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.