Equity Residential (EQR)
Stock Price:
$52.33 USD
-1.30 (-2.42%)
Updated Aug 3, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
19.48B |
| Revenue (ttm) |
2.71B |
| Net Income (ttm) |
1.17B |
| Shares Out |
372.21M |
| EPS (ttm) |
3.01 |
| PE Ratio |
17.39 |
| Forward PE |
40.82 |
| Dividend |
$2.41 |
| Dividend Yield |
4.61% |
Stock Quote
| Trading Day |
Aug 3, 2020 |
| Last Price |
$52.33 |
| Previous Close |
$53.63 |
| Change ($) |
-1.30 |
| Change (%) |
-2.42% |
| Day's Open |
52.62 |
| Day's Range |
52.15 - 53.00 |
| Day's Volume |
2,292,554 |
| 52-Week Range |
49.62 - 89.55 |
More Stats
| Market Cap |
19.48B |
| Enterprise Value |
28.30B |
| Earnings Date (est) |
Oct 27, 2020 |
| Ex-Dividend Date |
Jun 19, 2020 |
| Shares Outstanding |
372.21M |
| Float |
366.34M |
| EPS (basic) |
3.16 |
| EPS (diluted) |
3.01 |
| FCF / Share |
3.33 |
| Dividend |
$2.41 |
| Dividend Yield |
4.61% |
| Earnings Yield |
5.75% |
| FCF Yield |
6.35% |
| Payout Ratio |
72.90% |
| Shares Short |
6.04M |
| Short Ratio |
2.06 |
| Short % of Float |
2.18% |
| Beta |
0.58 |
| PE Ratio |
17.39 |
| Forward PE |
40.82 |
| P/FCF Ratio |
15.74 |
| PS Ratio |
7.20 |
| PB Ratio |
1.90 |
| Revenue |
2.71B |
| Operating Income |
913.05M |
| Net Income |
1.17B |
| Free Cash Flow |
1.24B |
| Net Cash |
-8.82B |
| Net Cash / Share |
-23.70 |
| Gross Margin |
66.27% |
| Operating Margin |
33.75% |
| Profit Margin |
43.10% |
| FCF Margin |
45.75% |
| ROA |
2.68% |
| ROE |
10.76% |
| ROIC |
5.20% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (21)
| Buy |
2 |
| Overweight |
1 |
| Hold |
14 |
| Underweight |
0 |
| Sell |
4 |
Price Target
$63.00*
(20.39% upside)
Low
50.0
Current: $52.33
High
73.0
Target: 63.00
*Average 12-month price target from 18 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 2,701 | 2,578 | 2,471 | 2,426 | 2,745 | 2,615 | 2,388 | 1,748 | 1,525 | 1,675 |
| Revenue Growth | 4.76% | 4.33% | 1.88% | -11.63% | 4.98% | 9.51% | 36.64% | 14.57% | -8.93% | - |
| Gross Profit | 1,793 | 1,699 | 1,645 | 1,620 | 1,840 | 1,731 | 1,560 | 1,127 | 961 | 1,020 |
| Operating Income | 909 | 859 | 847 | 856 | 1,009 | 922 | 519 | 519 | 409 | 353 |
| Net Income | 970 | 658 | 603 | 4,292 | 870 | 631 | 1,831 | 842 | 894 | 284 |
| Shares Outstanding | 370 | 368 | 367 | 365 | 363 | 361 | 354 | 303 | 295 | 283 |
| Earnings Per Share | 2.60 | 1.77 | 1.63 | 11.68 | 2.36 | 1.73 | 5.16 | 2.70 | 2.98 | 0.95 |
| EPS Growth | 46.89% | 8.59% | -86.04% | 394.92% | 36.42% | -66.47% | 91.11% | -9.4% | 213.68% | - |
| Dividend Per Share | 2.27 | 2.16 | 2.02 | 13.02 | 2.21 | 2.00 | 1.85 | 1.78 | 1.58 | 1.47 |
| Dividend Growth | 5.09% | 7.14% | -84.51% | 488.65% | 10.55% | 8.11% | 3.93% | 12.66% | 7.48% | - |
| Operating Cash Flow | 1,457 | 1,356 | 1,266 | 1,214 | 1,357 | 1,324 | 869 | 1,046 | 800 | 726 |
| Capital Expenditures | -840 | -370 | -589 | 5,823 | -726 | -669 | 3,926 | -137 | -213 | -789 |
| Free Cash Flow | 617 | 986 | 677 | 7,037 | 630 | 655 | 4,795 | 909 | 587 | -62.97 |
| Cash & Equivalents | 117 | 116 | 101 | 219 | 42.28 | 40.08 | 53.53 | 613 | 384 | 431 |
| Total Debt | 9,368 | 8,818 | 8,957 | 8,987 | 10,921 | 10,845 | 10,766 | 8,529 | 9,721 | 9,948 |
| Net Cash / Debt | -9,251 | -8,702 | -8,857 | -8,768 | -10,879 | -10,805 | -10,713 | -7,917 | -9,337 | -9,517 |
| Assets | 21,173 | 20,394 | 20,571 | 20,704 | 23,110 | 22,951 | 22,835 | 17,201 | 16,659 | 16,184 |
| Liabilities | 10,165 | 9,615 | 9,730 | 9,801 | 11,847 | 11,742 | 11,626 | 9,276 | 10,380 | 10,592 |
| Book Value | 10,316 | 10,173 | 10,242 | 10,229 | 10,470 | 10,368 | 10,507 | 7,290 | 5,669 | 5,090 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Equity Residential |
| Country |
United States |
| Employees |
2,700 |
| 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.