Equity Residential (EQR)
NYSE: EQR · Real-Time Price · USD
77.37
+0.03 (0.03%)
Sep 18, 2024, 2:49 PM EDT - Market open
Equity Residential Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Equity Residential stock have an average target of 73.92, with a low estimate of 58 and a high estimate of 85. The average target predicts a decrease of -4.45% from the current stock price of 77.37.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EQR stock from 19 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 4 |
| Buy | 4 | 3 | 4 | 4 | 3 | 3 |
| Hold | 9 | 11 | 10 | 10 | 11 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 17 | 17 | 17 | 17 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $77 → $81 | Hold | Maintains | $77 → $81 | +4.70% | Sep 16, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $75 → $76 | Hold | Maintains | $75 → $76 | -1.76% | Sep 16, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $68 → $80 | Hold | Maintains | $68 → $80 | +3.41% | Sep 16, 2024 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $62 → $83 | Hold → Strong Buy | Upgrades | $62 → $83 | +7.28% | Sep 10, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $74 → $75 | Hold | Maintains | $74 → $75 | -3.06% | Sep 9, 2024 |
Financial Forecast
Revenue This Year
2.98B
Revenue Next Year
3.09B
from 2.98B
Increased by 3.69%
EPS This Year
2.08
from 2.20
Decreased by -5.24%
EPS Next Year
1.66
from 2.08
Decreased by -20.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.1B | 3.3B | 3.4B | ||
| Avg | 3.0B | 3.1B | 3.2B | ||
| Low | 2.9B | 3.0B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 10.0% | 11.1% | ||
| Avg | - | 3.7% | 4.4% | ||
| Low | - | -1.0% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.32 | 1.84 | 2.09 | ||
| Avg | 2.08 | 1.66 | 1.76 | ||
| Low | 1.87 | 1.41 | 1.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.6% | -11.8% | 26.2% | ||
| Avg | -5.2% | -20.5% | 6.3% | ||
| Low | -14.8% | -32.2% | -9.4% |
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.