EQR

NYSE:EQR

Equity Residential

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  • Stock

70.62

+0.51%

8.32

USD last updated 11/08 02:03:55

Last Close

62.30

11/08 22:30

Market Cap

25.71B

Beta: 0.83

Volume Today

2.37M

Avg: 1.85M

PE Ratio

26.74

PFCF: 26.22

Dividend Yield

4.50%

Payout:86.77%

Bank of Nova Scotia reduced its stake in Equity Residential by 18.3%, now holding 38,725 shares valued at $2.77 million. Other hedge funds such as Sequoia Financial Advisors, TCW Group Inc., Versant Capital Management Inc., MassMutual Private Wealth & Trust FSB, Continuum Advisory LLC, and Parvin Asset Management LLC adjusted their positions, with some increasing holdings significantly. Equity Residential declared a quarterly dividend of $0.6925 per share, resulting in a 4.4% annualized yield and a payout ratio of 105.73%. The company reported earnings per share of $0.99, slightly below revenue estimates, with a 4.7% year-over-year revenue increase, a 9.05% return on equity, and a 33.22% net margin. The stock traded down to $63.19 on Friday, with a market cap of $24.13 billion. The company owns 305 properties across major U.S. cities and is a member of the S&P 500. Analysts have issued varied price targets and ratings, with an average rating of 'Hold' and an average price target of $78.43.

marketbeat.com

New Age Alpha Advisors LLC increased its stake in Equity Residential by 23.7%, holding 104,413 shares valued at approximately $7.47 million. The company reported a quarterly earnings per share (EPS) of $0.99, in line with estimates, and a 4.7% year-over-year revenue increase to $768.83 million. Equity Residential declared a quarterly dividend of $0.6925 per share, resulting in a 4.4% annualized yield despite a 105.73% payout ratio. Other major institutional investors, including APG, Invesco, Northern Trust, Dimensional Fund Advisors, and UBS AM, also adjusted their holdings. The company has a market capitalization of $24.13 billion, a price-to-earnings ratio of 23.85, and a debt-to-equity ratio of 0.75. It operates in dynamic cities such as Boston, New York, Washington, DC, Seattle, San Francisco, Southern California, and is expanding into Denver, Atlanta, and Dallas/Ft. Worth. Analysts have provided mixed ratings, with a consensus 'Hold' and an average price target of $78.43.

marketbeat.com

Stifel Nicolaus has increased its price target for Equity Residential (EQR) from $80.00 to $80.50, reflecting a 28.41% potential upside from the previous close. The company reported earnings of $0.99 per share for the latest quarter, meeting analyst expectations, with a 4.7% year-over-year revenue growth. EQR's market cap is $24.13 billion, with a P/E ratio of 23.85 and a dividend yield of 4.4%. Analyst ratings are mixed, with an average of 'Hold' and a consensus target price of $78.43. Several brokerages adjusted their targets and ratings, including Scotiabank, Royal Bank of Canada, Mizuho, Barclays, and UBS Group. The stock traded down to $63.19 during mid-day trading, with institutional investors increasing their holdings. Equity Residential owns or invests in 305 properties across major U.S. cities, focusing on residential property development and management.

marketbeat.com

Centersquare Investment Management LLC reduced its stake in Equity Residential by 4.1%, selling 180,603 shares and now holding approximately 4.27 million shares valued at $306 million. Equity Residential reported earnings per share of $0.99 for the quarter, meeting consensus estimates, with revenue of $768.83 million, a 4.7% year-over-year increase. The company declared a quarterly dividend of $0.6925 per share, resulting in an annualized dividend yield of 4.4% and a payout ratio of 105.73%. Other institutional investors such as Versant Capital Management Inc, MassMutual Private Wealth & Trust FSB, Continuum Advisory LLC, and Parvin Asset Management LLC also adjusted their holdings during the period. Equity Residential has a market cap of $24.13 billion, a P/E ratio of 23.85, and a current ratio of 0.17. Analysts have issued varied ratings, with Barclays maintaining an 'overweight' rating and a price target of $83.00, while others including Mizuho and Scotiabank lowered their targets. The company operates in major U.S. cities including Boston, New York, Washington, DC, Seattle, San Francisco, Southern California, Denver, Atlanta, and Dallas/Ft. The stock traded down to $63.19 on Friday, with a 1-year price range of $59.41 to $78.83.

marketbeat.com

PNC Financial Services Group Inc. increased its stake in Equity Residential (NYSE:EQR) by 9.0%, acquiring 4,499 shares to total 54,271 shares valued at approximately $3.9 million, as reported in its most recent 13F filing with the SEC. Equity Residential reported earnings of $0.99 per share, meeting analyst expectations, with revenue up 4.7% year-over-year. The company declared a quarterly dividend of $0.6925, resulting in an annualized yield of 4.3% despite a payout ratio of 105.73%. Other major investors, including LPL Financial LLC, Wells Fargo & Company MN, Envestnet Asset Management Inc., FIL Ltd, and Raymond James Financial Inc., also adjusted their holdings. Institutional investors and hedge funds collectively own 92.68% of the company's stock. Equity Residential's stock traded down 1.1% to $63.19 during midday trading, with a market cap of $24.13 billion, P/E ratio of 23.85, and a dividend payout ratio of 104.53%. Analysts have issued varied ratings and price targets, with a consensus rating of 'Hold' and an average target price of $78.43. The company operates in dynamic U.S. cities and manages 305 properties with 80,683 apartment units.

marketbeat.com

    Description

    Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, ...Show More

    Earnings

    Earnings per Share (Estimate*)

    0.20.40.60.811.21.42017-07-252019-07-302021-07-272023-07-272025-02-03

    Revenue (Estimate*)

    500M1B1.50B2B2.50B2017-07-252019-07-302021-07-272023-07-272025-02-03

    *Estimate based on analyst consensus