Equity Residential (EQR)
NYSE: EQR · Real-Time Price · USD
71.35
+1.86 (2.68%)
Dec 20, 2024, 4:00 PM EST - Market closed

Equity Residential Statistics

Total Valuation

EQR has a market cap or net worth of $27.89 billion. The enterprise value is $36.54 billion.

Market Cap 27.89B
Enterprise Value 36.54B

Important Dates

The next estimated earnings date is Tuesday, January 28, 2025, after market close.

Earnings Date Jan 28, 2025
Ex-Dividend Date Jan 2, 2025

Share Statistics

EQR has 390.92 million shares outstanding. The number of shares has decreased by -0.05% in one year.

Current Share Class 379.35M
Shares Outstanding 390.92M
Shares Change (YoY) -0.05%
Shares Change (QoQ) +0.12%
Owned by Insiders (%) 0.45%
Owned by Institutions (%) 84.65%
Float 341.59M

Valuation Ratios

The trailing PE ratio is 29.28 and the forward PE ratio is 45.80. EQR's PEG ratio is 14.08.

Price/FFO Ratio 18.81
Price/AFFO Ratio n/a
PE Ratio 29.28
Forward PE 45.80
PS Ratio 9.19
Forward PS 9.00
PB Ratio 2.50
P/TBV Ratio 2.57
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio 14.08
Financial Ratio History

Enterprise Valuation

EV / Earnings 39.50
EV / Sales 12.42
EV / EBITDA 20.34
EV / EBIT 40.77
EV / FCF n/a

Financial Position

The company has a current ratio of 0.10, with a Debt / Equity ratio of 0.76.

Current Ratio 0.10
Quick Ratio 0.03
Debt / Equity 0.76
Debt / EBITDA 4.75
Debt / FCF n/a
Interest Coverage 3.18

Financial Efficiency

Return on equity (ROE) is 8.36% and return on invested capital (ROIC) is 2.84%.

Return on Equity (ROE) 8.36%
Return on Assets (ROA) 2.73%
Return on Capital (ROIC) 2.84%
Revenue Per Employee $1.23M
Profits Per Employee $385,389
Employee Count 2,400
Asset Turnover 0.14
Inventory Turnover n/a

Taxes

In the past 12 months, EQR has paid $1.18 million in taxes.

Income Tax 1.18M
Effective Tax Rate 0.12%

Stock Price Statistics

The stock price has increased by +16.05% in the last 52 weeks. The beta is 0.94, so EQR's price volatility has been similar to the market average.

Beta (5Y) 0.94
52-Week Price Change +16.05%
50-Day Moving Average 73.71
200-Day Moving Average 69.66
Relative Strength Index (RSI) 41.65
Average Volume (20 Days) 1,537,741

Short Selling Information

The latest short interest is 6.28 million, so 1.61% of the outstanding shares have been sold short.

Short Interest 6.28M
Short Previous Month 4.70M
Short % of Shares Out 1.61%
Short % of Float 1.84%
Short Ratio (days to cover) 3.83

Income Statement

In the last 12 months, EQR had revenue of $2.94 billion and earned $924.93 million in profits. Earnings per share was $2.44.

Revenue 2.94B
Gross Profit 1.87B
Operating Income 896.20M
Pretax Income 958.62M
Net Income 924.93M
EBITDA 1.80B
EBIT 896.20M
Earnings Per Share (EPS) $2.44
Full Income Statement

Balance Sheet

The company has $28.61 million in cash and $8.67 billion in debt, giving a net cash position of -$8.64 billion or -$22.11 per share.

Cash & Cash Equivalents 28.61M
Total Debt 8.67B
Net Cash -8.64B
Net Cash Per Share -$22.11
Equity (Book Value) 11.41B
Book Value Per Share 28.57
Working Capital -1.14B
Full Balance Sheet

Cash Flow

Operating Cash Flow n/a
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 63.64%, with operating and profit margins of 30.47% and 31.57%.

Gross Margin 63.64%
Operating Margin 30.47%
Pretax Margin 32.66%
Profit Margin 31.57%
EBITDA Margin 61.08%
EBIT Margin 30.47%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $2.70, which amounts to a dividend yield of 3.78%.

Dividend Per Share $2.70
Dividend Yield 3.78%
Dividend Growth (YoY) 1.81%
Years of Dividend Growth n/a
Payout Ratio 110.80%
Buyback Yield 0.05%
Shareholder Yield 3.83%
Earnings Yield 3.32%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for EQR is $76.61, which is 7.37% higher than the current price. The consensus rating is "Buy".

Price Target $76.61
Price Target Difference 7.37%
Analyst Consensus Buy
Analyst Count 19
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) -1.48%
Stock Forecasts

Stock Splits

The last stock split was on October 12, 2001. It was a forward split with a ratio of 2:1.

Last Split Date Oct 12, 2001
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 3