Equity Residential (EQR)
NYSE: EQR · Real-Time Price · USD
73.92
-0.58 (-0.78%)
Nov 20, 2024, 4:00 PM EST - Market closed
Equity Residential Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Equity Residential stock have an average target of 74.39, with a low estimate of 58 and a high estimate of 85. The average target predicts an increase of 0.64% from the current stock price of 73.92.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EQR stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Hold | 10 | 10 | 11 | 13 | 13 | 13 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 17 | 20 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $81 → $78 | Hold | Maintains | $81 → $78 | +5.52% | Nov 14, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $83 → $79 | Buy | Maintains | $83 → $79 | +6.87% | Nov 1, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $78 → $82 | Strong Buy → Hold | Downgrades | $78 → $82 | +10.93% | Sep 24, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $77 → $81 | Hold | Maintains | $77 → $81 | +9.58% | Sep 16, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $75 → $76 | Hold | Maintains | $75 → $76 | +2.81% | Sep 16, 2024 |
Financial Forecast
Revenue This Year
2.99B
Revenue Next Year
3.10B
from 2.99B
Increased by 3.82%
EPS This Year
2.14
from 2.20
Decreased by -2.66%
EPS Next Year
1.70
from 2.14
Decreased by -20.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.2B | 3.3B | 3.5B | ||
| Avg | 3.0B | 3.1B | 3.2B | ||
| Low | 2.9B | 3.0B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 11.3% | 11.5% | ||
| Avg | - | 3.8% | 4.7% | ||
| Low | - | -1.2% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.39 | 2.19 | 2.40 | ||
| Avg | 2.14 | 1.70 | 1.88 | ||
| Low | 1.90 | 1.41 | 1.54 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.9% | 2.6% | 41.1% | ||
| Avg | -2.7% | -20.4% | 10.2% | ||
| Low | -13.5% | -34.0% | -9.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.