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EQR Overview

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$
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

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High
66.060
Open
65.890
VWAP
65.67
Vol
1.77M
Mkt Cap
24.56B
Low
65.405
Amount
116.39M
EV/EBITDA(TTM)
37.37
Total Shares
374.67M
EV
33.23B
EV/OCF(TTM)
20.29
P/S(TTM)
8.19
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)
2026-04-28
16:40:00
Equity Residential Sees Q2 Normalized FFO $0.98-$1.02
select
2026-04-28
16:40:00
Equity Residential Q1 Revenue at $779.85M, Below Expectations
select

News

seekingalpha
8.5
04-30seekingalpha
AvalonBay and Equity Residential Explore Merger Talks
  • Merger Talks Initiated: AvalonBay Communities (AVB) and Equity Residential (EQR) are in preliminary discussions about a merger, which could significantly reshape the U.S. apartment development sector, indicating potential market consolidation.
  • Positive Market Reaction: Following the news, AvalonBay (AVB) shares rose by 2.0% and Equity Residential (EQR) shares increased by 1.0%, reflecting investor optimism regarding the merger prospects.
  • Large Market Capitalization: Both companies have a market cap of approximately $25 billion, making them the largest apartment REITs in the U.S., and a merger would further enhance their market position and competitiveness.
  • Asset Comparison: As of March 31, 2026, AvalonBay owned about 98,300 apartments while Equity Residential owned around 85,200 apartments, and a merger would create a more robust asset portfolio.
moomoo
8.5
04-29moomoo
AvalonBay and EQR, Leading US Apartment Owners, to Explore Merger - Bloomberg News
  • Topic Overview: The article discusses the recent meeting of apartment owners in Avalon Bay, focusing on their plans and strategies for property management.

  • Key Discussion Points: The owners are considering combining resources and efforts to enhance the overall value and appeal of their properties in the competitive market.

seekingalpha
9.5
04-29seekingalpha
Equity Residential Q1 2026 Earnings Call Insights
  • Performance Meets Expectations: Equity Residential's Q1 2026 operating results aligned with expectations, driven by strong performances in San Francisco and New York, with an overall occupancy rate exceeding 96%.
  • Share Buyback Program: The company repurchased $220 million of common shares in Q1, bringing the total buyback amount to $500 million since August 2025, demonstrating a continued commitment to shareholder returns.
  • Rental Growth Trends: The blended rental growth rate for Q1 was 1.5%, with 61% of residents renewing leases at a 4.7% increase, indicating sustained market demand.
  • Market Risk Concerns: Management highlighted that despite strong overall performance, attention must be paid to job market fluctuations and softness in Boston and Seattle, which could impact future rental rates and occupancy levels.
NASDAQ.COM
9.5
04-28NASDAQ.COM
Equity Residential Reports Decline in Q1 Earnings
  • Earnings Decline: Equity Residential reported a Q1 net income of $89.72 million, translating to $0.24 per share, a significant drop from last year's $256.23 million and $0.67 per share, indicating a notable decline in profitability.
  • Revenue Growth: Despite the earnings drop, the company's revenue increased by 2.5% year-over-year to $779.84 million, up from $760.81 million last year, suggesting some ongoing demand in the rental market.
  • Future Guidance: The company projects next quarter's EPS to be between $0.28 and $0.32, which, while lower than the previous year's figures, reflects management's cautious optimism regarding future revenue.
  • Market Reaction: The significant earnings decline may lead to stock price volatility for Equity Residential, prompting investors to closely monitor how the company navigates upcoming market challenges.
NASDAQ.COM
2.0
04-28NASDAQ.COM
Equity Residential (EQR) Q2 2025 Earnings Transcript
Yahoo Finance
9.5
04-28Yahoo Finance
EQR Exceeds Q2 Expectations with High Tenant Retention Rates
  • Tenant Retention Boost: EQR's tenant retention rate reached 60% in Q2, an increase from the previous year, indicating a growing preference for rentals among residents, which is expected to further drive revenue growth in the future.
  • Revenue Growth Outlook: The company anticipates above-trend revenue growth in the coming years, primarily due to a decline in apartment supply and stable demand in the rental market, particularly in cities like New York and San Francisco.
  • Market Expansion Strategy: EQR acquired an 8-property portfolio in Atlanta, bringing its total to 22 properties, with expectations that supply in the area will decrease rapidly, enhancing market competitiveness and profitability.
  • AI Technology Implementation: EQR's AI leasing application has reduced application completion time by 50% and plans for full deployment by year-end, which is expected to significantly enhance customer experience and operational efficiency.
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
JPMorgan
Neutral
maintain
$71 -> $72
AI Analysis
2026-05-05
Reason
JPMorgan
Price Target
$71 -> $72
AI Analysis
2026-05-05
maintain
Neutral
Reason
JPMorgan raised the firm's price target on Equity Residential to $72 from $71 and keeps a Neutral rating on the shares.
BofA
Neutral
maintain
$73 -> $75
2026-05-04
Reason
BofA
Price Target
$73 -> $75
2026-05-04
maintain
Neutral
Reason
BofA raised the firm's price target on Equity Residential to $75 from $73 and keeps a Neutral rating on the shares. The firm is updating models for Q1 results among its residential REIT coverage.
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 47.39, compared to its 5-year average forward P/E of 49.05. 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
49.05
Current PE
47.39
Overvalued PE
64.23
Undervalued PE
33.87

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
19.64
Current EV/EBITDA
17.77
Overvalued EV/EBITDA
23.24
Undervalued EV/EBITDA
16.04

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
9.08
Current PS
7.69
Overvalued PS
10.82
Undervalued PS
7.34

Financials

AI Analysis
Annual
Quarterly

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Whales Holding EQR

E
Empower Capital Management, LLC
Holding
EQR
+12.31%
3M Return
A
Apollo Global Management, Inc.
Holding
EQR
+10.92%
3M Return
S
Security Capital Research & Management Incorporated
Holding
EQR
+8.45%
3M Return
C
CenterSquare Investment Management LLC
Holding
EQR
+7.76%
3M Return
R
Resolution Capital Limited
Holding
EQR
+7.66%
3M Return
C
Cohen & Steers Capital Management, Inc.
Holding
EQR
+7.51%
3M Return

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Frequently Asked Questions

What is Equity Residential (EQR) stock price today?

The current price of EQR is 65.54 USD — it has decreased -0.49

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 779.85M USD, increased 2.50

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

Equity Residential. EPS for the last quarter amounts to 0.24 USD, decreased -64.18

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

Equity Residential (EQR) has 2400 emplpoyees as of May 11 2026.

What is Equity Residential (EQR) market cap?

Today EQR has the market capitalization of 24.56B USD.