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EQR Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
59.670
Open
59.380
VWAP
59.12
Vol
3.37M
Mkt Cap
22.33B
Low
58.530
Amount
199.24M
EV/EBITDA(TTM)
35.21
Total Shares
377.55M
EV
30.62B
EV/OCF(TTM)
18.42
P/S(TTM)
7.39
Equity Residential is a real estate investment trust. The Company’s primary business is the acquisition, development and management of multifamily residential properties. The Company owns and manages approximately 318 properties consisting of 86,320 apartment units in dynamic metro areas across the United States. with a primary concentration in major coastal markets, diversified by a targeted presence in the metro areas of Atlanta, Austin, Dallas/Ft. Worth and Denver. The Company is the general partner of, owning an approximately 97.5% ownership interest in, ERP Operating Limited Partnership (ERPOP). All of the Company’s property ownership, development and related business operations are conducted through the Operating Partnership and the Company has no material assets or liabilities other than its investment in ERPOP. ERPOP is focused on conducting the multifamily property business of the Company.
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Events Timeline

(ET)
2026-03-19
16:40:00
Regular Q1 Dividend of $0.7025 per Share
select
2026-02-05 (ET)
2026-02-05
16:30:00
2026 Guidance Assumes $200M Share Repurchases
select
2026-02-05
16:30:00
Company Reports Q4 Revenue of $781.9M, Below Consensus
select

News

CNBC
6.0
03-26CNBC
Wall Street's Latest Ratings: Apple and Dell Rated Buy
  • Apple and Dell Benefiting: Goldman Sachs reiterates Buy ratings for Apple (AAPL) and Dell (DELL), citing increased demand for PC hardware driven by the rise of open-source autonomous AI agents, which is expected to enhance their market performance.
  • Abercrombie & Fitch Coverage Initiated: Needham initiates coverage on Abercrombie & Fitch (ANF) with a Buy rating and a $108 price target, believing that after a challenging FY25, the company's fundamentals are stabilizing, making it attractive for investors.
  • Spotify Performance Outlook: Daiwa rates Spotify Technology (SPOT) as Outperform with a $535 price target, based on expectations of steady revenue growth, indicating confidence in its future development.
  • Somnigroup International Upgrade: Jefferies upgrades Somnigroup International (SGI) from Hold to Buy, noting that SGI shares have fallen about 17% since the start of the Iran war, yet its valuation remains attractive, reflecting market confidence in its future growth potential.
CNBC
7.5
03-26CNBC
Ultra-Wealthy Family Offices Invest in Real Estate Market
  • Investment Trend: Realm has collectively invested about $100 million in Northern California real estate over the past six months, seizing opportunities amid market stagnation, reflecting the confidence of ultra-wealthy families in long-term investments.
  • Leasing Strategy: Declaration Partners signed a $50.1 million master lease for three storefronts in New York's SoHo, ensuring future appreciation despite current rents being below market levels, thanks to a 25-year lease term.
  • Market Optimism: A J.P. Morgan Private Bank survey revealed that 35% of U.S. family offices plan to increase their real estate exposure, indicating optimism in the market, particularly against the backdrop of rising inflation risks.
  • Asset Allocation: Lido Advisors is investing in multifamily properties at discounts of 20% to 30%, emphasizing the advantages of real estate as a tax-efficient asset, which attracts clients seeking cash flow and portfolio diversification.
moomoo
6.0
03-26moomoo
MORGAN STANLEY UPGRADES EQUITY RESIDENTIAL TO OVERWEIGHT, INCREASES TARGET PRICE TO $74 FROM $72
  • Equity Residential Update: Equity Residential has raised its target price to $74 from $72, indicating a positive outlook for the company.

  • Morgan Stanley's Influence: The increase in target price reflects Morgan Stanley's assessment of the company's performance and market conditions.

seekingalpha
8.0
03-20seekingalpha
Equity Residential Declares Quarterly Dividend Increase
  • Quarterly Dividend Increase: Equity Residential has declared a quarterly dividend of $0.7025 per share, reflecting a 1.4% increase from the previous dividend of $0.6925, indicating the company's ongoing commitment to stable cash flow and shareholder returns.
  • Yield Performance: The forward yield of 4.74% not only attracts income-seeking investors but also demonstrates the company's financial health in the current market environment, enhancing its appeal to potential shareholders.
  • Shareholder Assurance: The dividend will be payable on April 10, with a record date of March 30 and an ex-dividend date also on March 30, ensuring that shareholders receive timely returns and bolstering investor confidence in the company.
  • Financial Performance Overview: While the company reported a fourth-quarter FFO of $1.03 in line with expectations, its revenue of $781.91 million fell short by $5.36 million, highlighting challenges in revenue growth that could impact future dividend policies.
Newsfilter
8.0
03-19Newsfilter
Equity Residential Increases Annual Dividend by 1.4% and Sets 2026 Shareholder Meeting Dates
  • Dividend Increase: Equity Residential has announced an increase in its annualized dividend to $2.81 per share for 2026, reflecting a 1.4% rise over 2025, indicating the company's ongoing commitment to stable cash flow and shareholder returns.
  • Quarterly Dividend Payment: The company will pay a regular common share dividend of $0.7025 per share on April 10, 2026, to shareholders of record as of March 30, 2026, which enhances investor confidence and attractiveness.
  • Preferred Share Dividend: Equity Residential will also pay a quarterly dividend of $1.03625 per share on March 31, 2026, to shareholders of record as of March 20, 2026, demonstrating the company's commitment to its preferred shareholders.
  • Shareholder Meeting Arrangement: The company has scheduled its Annual Meeting of Shareholders for June 18, 2026, allowing shareholders to participate in voting, which further enhances corporate governance transparency and shareholder engagement.
CNBC
8.5
03-19CNBC
Signs of Recovery in Real Estate Investment
  • Investment Reversal Trend: After a period of rapid interest rate hikes, investors are beginning to refocus on non-traded publicly registered REITs, with investments dropping from $33.2 billion in 2022 to an expected $5.7 billion by 2025, indicating signs of market recovery.
  • Increase in Fund Inflows: According to Stanger Investment Banking, non-traded REITs raised $593 million from investors in January 2023, up from $467 million in December 2022 and $416 million in November 2022, suggesting a restoration of investor confidence.
  • Commercial Property Value Fluctuations: The Green Street Commercial Property Price Index shows that commercial real estate values fell 22% from their peak in April 2022, and while currently in a slow U-shaped recovery, this presents an attractive entry point for investors.
  • Asset Allocation Shift: As investors withdraw from private credit funds, more capital is expected to flow into real estate, with Blackstone's BREIT experiencing its best inflows since 2022 in Q1 2023, reflecting a growing interest in real estate assets.
Wall Street analysts forecast EQR stock price to rise
14 Analyst Rating
Wall Street analysts forecast EQR stock price to rise
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
60.95
Averages
70.87
High
80.00
Current: 0.000
sliders
Low
60.95
Averages
70.87
High
80.00
Morgan Stanley
Equal Weight
to
Overweight
upgrade
$72 -> $74
AI Analysis
2026-03-26
Reason
Morgan Stanley
Price Target
$72 -> $74
AI Analysis
2026-03-26
upgrade
Equal Weight
to
Overweight
Reason
Morgan Stanley upgraded Equity Residential to Overweight from Equal Weight with a price target of $74, up from $72. The firm's new analysis has cities outperforming suburbs for the apartments, which it calls a "big shift." With deliveries set to fall 70% from peak, concession usage should fall, firming occupancy, the analyst tells investors in a research note. Morgan Stanley believes this dynamic favors Equity Residential's mostly urban exposure.
Morgan Stanley
Equal Weight
downgrade
$72
2026-03-16
Reason
Morgan Stanley
Price Target
$72
2026-03-16
downgrade
Equal Weight
Reason
Morgan Stanley lowered the firm's price target on Equity Residential to $72 from $73.50 and keeps an Equal Weight rating on the shares. The firm updated its models for Q4 earnings and FY26 guidance.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for EQR
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Valuation Metrics

The current forward P/E ratio for Equity Residential (EQR.N) is 43.12, compared to its 5-year average forward P/E of 50.51. For a more detailed relative valuation and DCF analysis to assess Equity Residential's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
50.51
Current PE
43.12
Overvalued PE
67.25
Undervalued PE
33.76

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
20.18
Current EV/EBITDA
16.89
Overvalued EV/EBITDA
23.64
Undervalued EV/EBITDA
16.73

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
9.27
Current PS
7.39
Overvalued PS
11.00
Undervalued PS
7.53

Financials

AI Analysis
Annual
Quarterly

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Whales Holding EQR

C
CBRE Investment Management Listed Real Assets LLC
Holding
EQR
+9.27%
3M Return
R
RREEF America L.L.C.
Holding
EQR
+9.05%
3M Return
C
CenterSquare Investment Management LLC
Holding
EQR
+6.23%
3M Return
L
LaSalle Investment Management Securities, LLC
Holding
EQR
+5.85%
3M Return
R
Resolution Capital Limited
Holding
EQR
+5.45%
3M Return
H
Heitman Real Estate Securities LLC
Holding
EQR
+5.03%
3M Return

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Frequently Asked Questions

What is Equity Residential (EQR) stock price today?

The current price of EQR is 59.15 USD — it has increased 0.97

What is Equity Residential (EQR)'s business?

Equity Residential is a real estate investment trust. The Company’s primary business is the acquisition, development and management of multifamily residential properties. The Company owns and manages approximately 318 properties consisting of 86,320 apartment units in dynamic metro areas across the United States. with a primary concentration in major coastal markets, diversified by a targeted presence in the metro areas of Atlanta, Austin, Dallas/Ft. Worth and Denver. The Company is the general partner of, owning an approximately 97.5% ownership interest in, ERP Operating Limited Partnership (ERPOP). All of the Company’s property ownership, development and related business operations are conducted through the Operating Partnership and the Company has no material assets or liabilities other than its investment in ERPOP. ERPOP is focused on conducting the multifamily property business of the Company.

What is the price predicton of EQR Stock?

Wall Street analysts forecast EQR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EQR is70.87 USD with a low forecast of 60.95 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Equity Residential (EQR)'s revenue for the last quarter?

Equity Residential revenue for the last quarter amounts to 781.91M USD, increased 1.97

What is Equity Residential (EQR)'s earnings per share (EPS) for the last quarter?

Equity Residential. EPS for the last quarter amounts to 1.00 USD, decreased -9.09

How many employees does Equity Residential (EQR). have?

Equity Residential (EQR) has 2400 emplpoyees as of April 01 2026.

What is Equity Residential (EQR) market cap?

Today EQR has the market capitalization of 22.33B USD.