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
523 Followers
EQR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$51.46 - $67.29
Previous Close$66.7
Volume1.59M
Average Volume (3M)1.97M
Market Cap
$26.06B
Enterprise Value$33.48B
Total Cash (Recent Filing)$50.74M
Total Debt (Recent Filing)$6.98B
Price to Earnings (P/E)27.9
Beta0.80
Next Earnings
Jul 23, 2024EPS Estimate
$0.38Last Dividend Ex-Date
Mar 22, 2024Dividend Yield3.99%
Share Statistics
EPS (TTM)2.39
Shares Outstanding378,971,999
10 Day Avg. Volume2,370,252
30 Day Avg. Volume1,971,045
Standard Deviation0.07
R-Squared0.42
Alpha-0.00612
Financial Highlights & Ratios
Price to Book (P/B)2.29
Price to Sales (P/S)8.79
Price to Cash Flow (P/CF)18.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.65
Enterprise Value/Gross Profit11.18
Enterprise Value/Ebitda11.24
Forecast
1Y Price Target
$67.60Price Target Upside2.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Equity Residential News
PremiumCompany Announcements
Equity Residential Expands Board, Appoints New Trustees
PremiumCompany Announcements
Equity Residential Senior Management to Present at Citi ConferenceBulls Say, Bears Say
Bulls Say
Earnings PerformanceEQR became the first Apartment REIT to report earnings, topping expectations with its core portfolio benefiting from improving revenue and expense tailwinds.
Financial GuidanceEQR's initial financial guidance surpassed expectations, with a forecast pointing towards sustained year-over-year growth.
Operational StrengthImproving lease growth rates quarter over quarter, led by strong performance in key markets such as San Francisco, Seattle, and D.C., signal robust operational momentum.
Bears Say
GuidanceThe lack of a guidance raise and a somewhat disappointing guide may limit the stock's potential gains.
Lease RatesBoth new and renewal lease rates assumptions for the year appear a bit aggressive given tough comparisons, high supply in key markets, and slowing rents.
Operational PerformanceThe company's growth guidance missed outlooks on higher operational expenditure growth, contributing to a miss on the annual guidance.
---
Ownership Overview
3.02% Insiders
27.34% Mutual Funds
28.63% Other Institutional Investors
41.01% 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 $67.29 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 75 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 3.99%. See more information on Equity Residential dividends here
What is Equity Residential’s EPS estimate?
Equity Residential’s EPS estimate is $0.38.
How many shares outstanding does Equity Residential have?
Equity Residential has 378,972,000 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 up 2.409%.
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
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$67.60 (2.27% Upside)
$67.60 (2.27% Upside)
Blogger Sentiment
Bullish
EQR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 2.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $630.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 2.3%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.84%
12-Months-Change
Fundamentals
Return on Equity
8.28%
Trailing 12-Months
Asset Growth
-1.03%
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
Q1 2024
0:00 / 0:00
---
EQR Stock 12 Month Forecast
Average Price Target
$67.60
▲(2.27% Upside)
Technical Analysis
Best Analysts Covering EQR
1 Year
1 Year Success Rate
12/16 ratings generated profit
1 Year Average Return
+6.92%
assigned a buy rating 15 days ago
Copying Michael Lewis's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +6.92% per trade.
---