Equity Residential (NYSE:EQR – Free Report) – Wedbush issued their Q1 2026 EPS estimates for shares of Equity Residential in a report issued on Wednesday, May 28th. Wedbush analyst R. Anderson anticipates that the real estate investment trust will earn $1.03 per share for the quarter. Wedbush currently has a “Neutral” rating and a $75.00 target price on the stock. The consensus estimate for Equity Residential’s current full-year earnings is $3.98 per share. Wedbush also issued estimates for Equity Residential’s Q2 2026 earnings at $1.04 EPS, Q3 2026 earnings at $1.06 EPS and Q4 2026 earnings at $1.07 EPS.
Equity Residential (NYSE:EQR – Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The real estate investment trust reported $0.95 EPS for the quarter, beating the consensus estimate of $0.93 by $0.02. The company had revenue of $760.81 million for the quarter, compared to analyst estimates of $769.43 million. Equity Residential had a net margin of 34.76% and a return on equity of 9.27%. The firm’s revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.93 earnings per share.
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Equity Residential Trading Up 0.1%
Shares of NYSE:EQR opened at $70.08 on Thursday. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.72. Equity Residential has a 12-month low of $59.41 and a 12-month high of $78.84. The business has a 50 day moving average of $68.77 and a two-hundred day moving average of $70.68. The company has a market capitalization of $26.63 billion, a PE ratio of 25.76, a PEG ratio of 3.99 and a beta of 0.89.
Hedge Funds Weigh In On Equity Residential
Institutional investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Equity Residential by 119.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 483,753 shares of the real estate investment trust’s stock worth $34,714,000 after acquiring an additional 263,622 shares during the period. Mission Wealth Management LP acquired a new stake in Equity Residential during the fourth quarter worth about $321,000. Keybank National Association OH raised its stake in Equity Residential by 2.0% during the fourth quarter. Keybank National Association OH now owns 7,001 shares of the real estate investment trust’s stock worth $502,000 after purchasing an additional 139 shares during the period. JPMorgan Chase & Co. boosted its holdings in Equity Residential by 3.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,210,383 shares of the real estate investment trust’s stock valued at $302,137,000 after purchasing an additional 136,275 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Equity Residential in the 4th quarter valued at approximately $13,921,000. Hedge funds and other institutional investors own 92.68% of the company’s stock.
Equity Residential Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were given a $0.6925 dividend. The ex-dividend date was Monday, March 31st. This is a positive change from Equity Residential’s previous quarterly dividend of $0.68. This represents a $2.77 dividend on an annualized basis and a dividend yield of 3.95%. Equity Residential’s dividend payout ratio is 105.73%.
Equity Residential Company Profile
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 affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.
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