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Equity Residential (EQR)

NYSE: EQR · IEX Real-Time Price · USD
85.09 -0.15 (-0.18%)
Oct 21, 2021 4:00 PM EDT - Market closed
Market Cap31.72B
Revenue (ttm)2.43B
Net Income (ttm)714.98M
Shares Out373.81M
EPS (ttm)1.92
PE Ratio44.39
Forward PE62.89
Dividend$2.41 (2.83%)
Ex-Dividend DateSep 24, 2021
Volume792,590
Open85.36
Previous Close85.24
Day's Range84.59 - 85.38
52-Week Range43.92 - 85.87
Beta0.80
AnalystsHold
Price Target87.64 (+3.0%)
Est. Earnings DateOct 26, 2021

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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateAug 11, 1993
CEOMark Parrell
Employees2,600
Stock ExchangeNYSE
Ticker SymbolEQR
Full Company Profile

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%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for EQR stock is "Hold." The 12-month stock price forecast is 87.64, which is an increase of 3.00% from the latest price.

Price Target
$87.64
(3.00% upside)
Analyst Consensus: Hold

News

Equity Residential Issues 2021 ESG Report

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR), a recognized leader in Environmental, Social and Governance (ESG) principles, today announced the publication of its 2021 ESG Report. The report...

2 days ago - Business Wire

Sustainable Living Innovations Announces Installation of First Manufactured Panels at 303 Battery, Key Milestone in C...

SEATTLE--(BUSINESS WIRE)--Sustainable Living Innovations has begun installing manufactured panels at 303 Battery, the world's first net zero energy high-rise apartment building

2 days ago - Business Wire

Equity Residential Announces Third Quarter 2021 Earnings Release Date

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its third quarter 2021 operating results on Tuesday, October 26, 2021 after the close of market and...

2 weeks ago - Business Wire

3 Top Picks From the Booming Residential REIT Industry

The Zacks Equity REIT - Residential industry is riding on solid demand, with new household formations, better job market and ending of the federal eviction moratorium amid high supply and regulatory woe...

Other symbols:AVBSUI
2 weeks ago - Zacks Investment Research

Why You Shouldn't Bet Against Equity Residential (EQR) Stock

Equity Residential (EQR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

3 weeks ago - Zacks Investment Research

Equity Residential (EQR) Expects to Meet or Top Revenue Projections

Equity Residential (EQR) sees a strong leasing season on healthy demand and pricing for its apartment units.

4 weeks ago - Zacks Investment Research

Equity Residential Provides Operating Update

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today provided an update regarding certain same store Residential operating trends in its business. Same store revenue growth remains on track to...

1 month ago - Business Wire

2 Stocks to Supplement Your Social Security Income

REITs should be a staple of an income investor's portfolio

Other symbols:O
1 month ago - The Motley Fool

Equity Residential to Participate in Bank of America Securities 2021 Global Real Estate Conference

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company's President and CEO, Mark J. Parrell, will participate in a roundtable discussion at the Bank of America Securit...

1 month ago - Business Wire

Equity Residential Declares Third 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...

1 month ago - Business Wire

How Equity Residential (EQR) Stock Stands Out in a Strong Industry

Equity Residential (EQR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

1 month ago - Zacks Investment Research

Equity Residential (EQR), Toll Brothers Team Up for Development

Equity Residential's (EQR) latest effort comes as part of its diversifying efforts and scaling up of development initiatives efficiently in key markets witnessing solid demand for rental units.

Other symbols:TOL
1 month ago - Zacks Investment Research

Equity Residential Partners With Toll Brothers For Rental Apartment Communities

Equity Residential (NYSE: EQR) is partnering with luxury home builder Toll Brothers Inc  (NYSE: TOL) to develop new rental apartment communities in key U.S. markets. The parties initially intend to sele...

Other symbols:TOL
1 month ago - Benzinga

Are You Looking for a Top Momentum Pick? Why Equity Residential (EQR) is a Great Choice

Does Equity Residential (EQR) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

The Many Ways to Play Today's Housing Boom

The housing boom should last another 12-24 months at the very least, which makes housing stocks an excellent play today. The post The Many Ways to Play Today's Housing Boom appeared first on InvestorPlace.

2 months ago - InvestorPlace

Equity Residential (EQR) Beats Q2 FFO Estimates, Raises 2021 View

Equity Residential's (EQR) Q2 results reflect better-than-anticipated rental income. The company is seeing healthier operating trends, with sequential improvement in physical occupancy and pricing.

2 months ago - Zacks Investment Research

Equity Residential (EQR) Beats Q2 FFO and Revenue Estimates

Equity Residential (EQR) delivered FFO and revenue surprises of 11.43% and 3.08%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Equity Residential Reports Second Quarter 2021 Results

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and six months ended June 30, 2021 and has posted a Q2 2021 Management Presentation to its website as refe...

2 months ago - Business Wire

Why Equity Residential (EQR) Might Surprise This Earnings Season

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

2 months ago - Zacks Investment Research

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

Equity Residential's (EQR) Q2 results will likely reflect improving demand for its apartment units backed by recovery in the residential real estate market.

2 months ago - Zacks Investment Research

Here's Why Equity Residential (EQR) is a Great Momentum Stock to Buy

Does Equity Residential (EQR) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

4 Residential REITs Boosting Investor Hope With Solid Demand in Q2

The second quarter of 2021 has been a solid one this time with healthy demand for rental units with Sunbelt region witnessing growth and gateway markets bouncing back.

Other symbols:AVBMAARPUDR
3 months ago - Zacks Investment Research

7 Great Momentum Stocks to Buy Before July Ends

Momentum stocks turn the idea of "buy low, sell high" on its head. These seven stocks are on the rise and don't show signs of stopping.

Other symbols:CARRDUKMRNAOTISRVISLI
3 months ago - InvestorPlace

Equity Residential Announces Second Quarter 2021 Earnings Release Date

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the company will release its second quarter 2021 operating results on Tuesday, July 27, 2021 after the close of market and h...

3 months ago - Business Wire

Investing in Residential REITs? Start With This One

Equity Residential specializes in luxury apartments in attractive metros.

3 months ago - The Motley Fool