Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Equity Residential (EQR)
NYSE:EQR
Equity Residential (EQR) Stock Price & Analysis
518 Followers
EQR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$51.46 - $67.23
Previous Close$62.54
Volume2.48M
Average Volume (3M)2.06M
Market Cap
$24.42B
Enterprise Value$31.85B
Total Cash (Recent Filing)$50.74M
Total Debt (Recent Filing)$6.98B
Price to Earnings (P/E)28.5
Beta0.81
Next Earnings
Jul 23, 2024EPS Estimate
$0.39Last Dividend Ex-Date
Mar 22, 2024Dividend Yield4.33%
Share Statistics
EPS (TTM)2.17
Shares Outstanding379,553,591
10 Day Avg. Volume1,904,921
30 Day Avg. Volume2,060,340
Standard Deviation0.07
R-Squared0.44
Alpha-0.00753
Financial Highlights & Ratios
Price to Book (P/B)2.11
Price to Sales (P/S)8.26
Price to Cash Flow (P/CF)17.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.08
Enterprise Value/Gross Profit10.64
Enterprise Value/Ebitda10.69
Forecast
1Y Price Target
$65.63Price Target Upside4.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Equity Residential News
PremiumCompany Announcements
Equity Residential Expands Board, Appoints New Trustees
PremiumCompany Announcements
Equity Residential Senior Management to Present at Citi Conference
Bulls Say, Bears Say
Bulls Say
Financial GuidanceEQR's initial FY24 guide surpassed consensus expectations, suggesting potential for revenue growth.
Revenue ExpectationsAnalysts are at the top end of EQR's revenue guidance, indicating expectations for strong performance.
Valuation And Market EnvironmentEQR trades at a discounted valuation despite moderate supply risks and a surprisingly resilient employment market.
Bears Say
Earnings GuidanceEQR's operating guide reflects expectations for a significant upturn in rental pricing which may not align with current market trends.
Financial PerformanceEQR's growth guidance for same-store net operating income is lower than anticipated, influenced by higher operating expenses, signaling potential earnings pressure.
Lease Rate AssumptionsAnalysts are skeptical about EQR's lease rate projections due to challenging comparisons and market conditions, including high supply and weak pricing power in key regions.
---
Ownership Overview
3.02% Insiders
26.98% Mutual Funds
26.84% Other Institutional Investors
43.16% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
EQR FAQ
What was Equity Residential’s price range in the past 12 months?
Equity Residential lowest stock price was $51.46 and its highest was $67.23 in the past 12 months.
What is Equity Residential’s market cap?
Currently, no data Available
When is Equity Residential’s upcoming earnings report date?
Equity Residential’s upcoming earnings report date is Jul 23, 2024 which is in 90 days.
How were Equity Residential’s earnings last quarter?
Equity Residential released its earnings results on Apr 23, 2024. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.333 by $0.437.
Is Equity Residential overvalued?
According to Wall Street analysts Equity Residential’s price is currently Undervalued.
Does Equity Residential pay dividends?
Equity Residential pays a Quarterly dividend of $0.68 which represents an annual dividend yield of 4.33%. See more information on Equity Residential dividends here
What is Equity Residential’s EPS estimate?
Equity Residential’s EPS estimate is $0.39.
How many shares outstanding does Equity Residential have?
Equity Residential has 378,939,760 shares outstanding.
What happened to Equity Residential’s price movement after its last earnings report?
Equity Residential reported an EPS of $0.77 in its last earnings report, beating expectations of $0.333. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Equity Residential?
Among the largest hedge funds holding Equity Residential’s share is First Eagle Investment Management LLC. It holds Equity Residential’s shares valued at 570M.
---
Equity Residential Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$65.63 (4.03% Upside)
$65.63 (4.03% Upside)
Blogger Sentiment
Bullish
EQR Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 2.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $257.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 10.3%
Last 30 Days ▼ 10.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
6.48%
12-Months-Change
Fundamentals
Return on Equity
7.51%
Trailing 12-Months
Asset Growth
-0.91%
Trailing 12-Months
Company Description
Equity Residential
Equity Residential operates as a real estate investment trust. It engages in the acquisition, development, and management of rental apartment properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The company was founded by Robert H. Lurie and Sam Zell in March 1993 and is headquartered in Chicago, IL.
---
EQR Earnings Call
Q4 2024
0:00 / 0:00
---
EQR Stock 12 Months Forecast
Average Price Target
$65.63
▲(4.03% Upside)
Technical Analysis
Best Analysts Covering EQR
1 Year
1 Year Success Rate
10/16 ratings generated profit
1 Year Average Return
+5.25%
reiterated a buy rating 15 days ago
Copying Michael Lewis's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +5.25% per trade.
---