Equity Residential (EQR)
| Market Cap | 23.22B |
| Revenue (ttm) | 2.85B |
| Net Income (ttm) | 679.68M |
| Shares Out | 379.73M |
| EPS (ttm) | 1.80 |
| PE Ratio | 33.98 |
| Forward PE | 38.64 |
| Dividend | $2.65 (4.33%) |
| Ex-Dividend Date | Dec 29, 2023 |
| Volume | 1,124,595 |
| Open | 61.51 |
| Previous Close | 61.84 |
| Day's Range | 61.15 - 61.92 |
| 52-Week Range | 52.57 - 69.45 |
| Beta | 0.86 |
| Analysts | Hold |
| Price Target | 65.46 (+7.03%) |
| Earnings Date | Feb 8, 2024 |
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 affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. W... [Read more]
Financial Performance
In 2022, EQR's revenue was $2.74 billion, an increase of 11.01% compared to the previous year's $2.46 billion. Earnings were $773.82 million, a decrease of -41.81%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for EQR stock is "Hold." The 12-month stock price forecast is $65.46, which is an increase of 7.03% from the latest price.
News
Equity Residential Declares Fourth 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 di...
Home sales hit a 13-year low
Times when the market begins to send you mixed signals should not be ignored, and today, there is a huge one flashing right at you. Most investors will miss this connection, but you are not like most ...
Equity Residential to Participate in Nareit Investor Conference
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that members of the Company's senior management team, including the Company's President and CEO, Mark J. Parrell, will particip...
Equity Residential Reports Third Quarter 2023 Results
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and nine months ended September 30, 2023 and has posted a Q3 2023 Management Presentation to its website...
Equity Residential Issues 2023 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 2023 ESG Report. The repo...
Equity Residential Announces Third Quarter 2023 Earnings Release Date
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its third quarter 2023 operating results on Tuesday, October 31, 2023 after the close of market a...
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 di...
The Bear Market is In for Real Estate: 3 Most Promising REITs
A bear market can be defined in many ways, typically subject to the person or asset experiencing it, and most market participants prefer to stand in the corner of denial rather than face the environme...
Equity Residential to Participate in Bank of America 2023 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 Secur...
Equity Residential Seems Overcooked
Equity Residential ('EQR')'s stock has ticked up by nearly 10% since the turn of the year, defying the odds as most believed the U.S. residential market would shed significant value in 2023 due to the...
Equity Residential Provides Operating Update
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today provided an update regarding certain same store operating trends in its business. Same store revenue growth remains on track with the Com...
Equity Residential Reports Second Quarter 2023 Results
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and six months ended June 30, 2023. Second Quarter 2023 Results All per share results are reported as av...
Equity Residential Announces Second Quarter 2023 Earnings Release Date
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its second quarter 2023 operating results on Thursday, July 27, 2023 after the close of market an...
Equity Residential Declares Second 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 di...
The momentum is still very good in the rental business by in-large, says Equity Residential CEO
CNBC's Diana Olick sits down with Mark Parrell, president and CEO at Equity Residential, to discuss the state of the apartment market as rents are easing and vacancies are rising.
Equity Residential's stock rises after raised profit, revenue outlooks, amid strong demand in New York
Shares of Equity Residential EQR rose 1.3% in morning trading, to buck the weakness in its peer group and the broader stock market, after the residential real estate investment trust (REIT) raised its...
Equity Residential Raises 2023 Earnings Guidance
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that it has raised its guidance ranges for its same store revenue and net operating income (NOI) as well as its Earnings Per Sh...
Equity Residential Mourns Death of Founder and Chairman Samuel Zell
CHICAGO--(BUSINESS WIRE)--It is with profound sadness that Equity Residential (NYSE: EQR) mourns the death of its Founder and Chairman, Samuel Zell, who died today at age 81. Mr. Zell was an iconic fi...
Equity Residential Reports First Quarter 2023 Results
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter ended March 31, 2023. First Quarter 2023 Results All per share results are reported as available to comm...
Equity Residential Announces First Quarter 2023 Earnings Release Date
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its first quarter 2023 operating results on Tuesday, April 25, 2023 after the close of market and...
Equity Residential Declares First 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 di...