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EQR

Equity Residential
$
67.370
-0.28(-0.414%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings
Line
Line
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Candle
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
68.070
Open
67.620
VWAP
67.37
Vol
1.51M
Mkt Cap
25.60B
Low
67.080
Amount
101.54M
EV/EBITDA(TTM)
39.82
Total Shares
378.97M
EV
34.07B
EV/OCF(TTM)
21.57
P/S(TTM)
8.79
Equity Residential is a real estate investment trust. The Company is focused on the acquisition, development, and management of residential properties located in and around cities. The Company’s primary business is the acquisition, development, and management of multifamily residential properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The Company owns and operates rental apartment properties, with a presence in Boston, New York, Washington, D.C., Southern California (including Los Angeles, Orange County and San Diego), San Francisco and Seattle, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. The Company owns investments in approximately 311 properties located in 10 states consisting of over 84,249 apartment units. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential.
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Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q4
FY2025Q3
FY2025Q2
790.17M
+3.05%
--
--
781.11M
+4.38%
--
--
770.07M
+4.89%
--
--
Estimates Revision
The market is revising Downward the revenue expectations for Equity Residential (EQR) for FY2025, with the revenue forecasts being adjusted by -0.87% over the past three months. During the same period, the stock price has changed by -2.80%.
Revenue Estimates for FY2025
Revise Downward
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-0.87%
In Past 3 Month
Stock Price
Go Down
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-2.80%
In Past 3 Month
14 Analyst Rating
up Image
13.82% Upside
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 is 76.68 USD with a low forecast of 69.01 USD and a high forecast of 87.00  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.
6 Buy
8 Hold
0 Sell
Moderate Buy
up Image
13.82% Upside
Current: 67.370
sliders
Low
69.01
Averages
76.68
High
87.00
UBS
Buy
downgrade
$84 -> $76
2025-07-15
Reason
UBS lowered the firm's price target on Equity Residential to $76 from $84 and keeps a Buy rating on the shares.
Scotiabank
Sector Perform
downgrade
$82 -> $78
2025-06-13
Reason
Scotiabank lowered the firm's price target on Equity Residential to $78 from $82 and keeps a Sector Perform rating on the shares. The firm sees some softness in new lease pricing for the Spring selling season, likely due to a combination of lingering new supply and pockets of softer demand, the analyst tells investors.
Mizuho
Neutral
downgrade
$76 -> $71
2025-05-23
Reason
Scotiabank
Nicholas Yulico
Sector Perform
maintain
$79 -> $82
2025-05-12
Reason
Scotiabank analyst Nicholas Yulico raised the firm's price target on Equity Residential to $82 from $79 and keeps a Sector Perform rating on the shares. The firm is adjusting its estimates on U.S. Real Estate & REITs in its coverage following Q1 results, the analyst tells investors. Quarterly results contained some negative surprises, but generally played out as expected, with most companies maintaining FY25 guidance, the firm notes. Real estate fundamentals tend to lag, so many are looking to see the potential impact of the slowing economy on H2 2025 results, the firm adds.
Barclays
Overweight
maintain
$79 -> $83
2025-05-09
Reason
Barclays raised the firm's price target on Equity Residential to $83 from $79 and keeps an Overweight rating on the shares. The firm cites the company's better than expected Q1 results for the target increase.
Truist Securities
Michael Lewis
Strong Buy
Maintains
$76 → $78
2025-03-10
Reason
Truist raised the firm's price target on Equity Residential to $78 from $76 and keeps a Buy rating on the shares. The firm updated apartment real estate investment trust models to reflect the Q4 reports. The net results are small increases to 2025 normalized funds from operations estimates, small decreases to 2026 estimates, and modest increases to our 12- month price targets, the analyst tells investors in a research note.

Valuation Metrics

The current forward P/E ratio for Equity Residential (EQR.N) is 51.69, compared to its 5-year average forward P/E of 50.90. For a more detailed relative valuation and DCF analysis to assess Equity Residential 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average PE
50.90
Current PE
51.69
Overvalued PE
68.06
Undervalued PE
33.74

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average EV/EBITDA
20.58
Current EV/EBITDA
18.11
Overvalued EV/EBITDA
23.88
Undervalued EV/EBITDA
17.27

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average PS
9.37
Current PS
8.27
Overvalued PS
11.03
Undervalued PS
7.71

Financials

Annual
Quarterly
FY2025Q1
YoY :
+4.10%
760.81M
Total Revenue
FY2025Q1
YoY :
-7.66%
194.27M
Operating Profit
FY2025Q1
YoY :
-11.58%
271.21M
Net Income after Tax
FY2025Q1
YoY :
-12.99%
0.67
EPS - Diluted
FY2025Q1
YoY :
+3.53%
332.00M
Free Cash Flow
FY2025Q1
YoY :
-0.23%
61.68
Gross Profit Margin - %
FY2025Q1
YoY :
-152.72%
-14.71
FCF Margin - %
FY2025Q1
YoY :
-16.63%
34.80
Net Margin - %
FY2025Q1
YoY :
+6.83%
6.73
ROIC

Trading Trends

Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
71.0K
USD
1
3-6
Months
2.5M
USD
7
6-9
Months
0.0
USD
0
0-12
Months
887.3K
USD
2
Bought
0-3
0
0.0
USD
Months
3-6
1
279.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
1.9M
Volume
4
6-9
Months
1.1M
Volume
4
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
4
597.8K
Volume
Months
6-9
6
2.0M
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
8.0K
USD
1
3-6
Months
8.0K
USD
1
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

EQR News & Events

Events Timeline

2025-06-30 (ET)
2025-06-30
08:38:50
Equity Residential CFO Robert Garechana to switch roles, Bret McLeod to succeed
select
2025-04-29 (ET)
2025-04-29
16:16:46
Equity Residential reports Q1 normalized FFO 95c, consensus 93c
select
2024-10-30 (ET)
2024-10-30
16:21:30
Equity Residential reports Q3 normalized FFO 98c, consensus 98c
select
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News

4.5
07-19NASDAQ.COM
Here's Why You Should Add Equity Residential Stock to Your Portfolio
6.0
07-15Benzinga
UBS Maintains Buy on Equity Residential, Lowers Price Target to $76
3.0
07-11Newsfilter
Equity Residential Announces Second Quarter 2025 Earnings Release Date
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FAQ

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What is Equity Residential (EQR) stock price today?

The current price of EQR is 67.37 USD — it has decreased -0.41 % in the last trading day.

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