Equity Residential (NYSE:EQR) Receives Average Recommendation of “Hold” from Analysts

Equity Residential (NYSE:EQR) has been assigned a consensus recommendation of “Hold” from the nineteen brokerages that are presently covering the firm, MarketBeat reports. Twelve analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $69.9531.

A number of research analysts have recently issued reports on the company. Evercore ISI cut their price target on Equity Residential from $70.00 to $68.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Morgan Stanley cut their target price on Equity Residential from $75.00 to $73.50 and set an “equal weight” rating on the stock in a research note on Thursday, November 13th. BMO Capital Markets lowered shares of Equity Residential from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $70.00 to $68.00 in a research report on Friday, January 9th. Weiss Ratings restated a “hold (c)” rating on shares of Equity Residential in a report on Wednesday, October 8th. Finally, BNP Paribas Exane downgraded shares of Equity Residential from an “outperform” rating to a “neutral” rating in a research report on Monday, September 29th.

Equity Residential Stock Up 1.5%

NYSE:EQR opened at $62.07 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.45 and a quick ratio of 0.45. The firm has a market cap of $23.61 billion, a PE ratio of 20.48, a price-to-earnings-growth ratio of 3.14 and a beta of 0.75. The company has a 50-day moving average of $61.23 and a 200 day moving average of $63.21. Equity Residential has a 1-year low of $58.38 and a 1-year high of $75.86.

Equity Residential (NYSE:EQR) last announced its quarterly earnings results on Tuesday, October 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, hitting the consensus estimate of $1.02. The firm had revenue of $782.41 million during the quarter, compared to analysts’ expectations of $779.68 million. Equity Residential had a net margin of 37.58% and a return on equity of 10.30%. During the same quarter in the prior year, the company earned $0.98 EPS. Equity Residential has set its Q4 2025 guidance at 1.020-1.060 EPS and its FY 2025 guidance at 3.980-4.020 EPS. As a group, research analysts anticipate that Equity Residential will post 3.98 EPS for the current fiscal year.

Equity Residential Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a $0.6925 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.5%. Equity Residential’s dividend payout ratio (DPR) is presently 91.42%.

Institutional Investors Weigh In On Equity Residential

Institutional investors have recently added to or reduced their stakes in the business. Collier Financial acquired a new position in shares of Equity Residential during the third quarter valued at about $26,000. Fulcrum Asset Management LLP purchased a new stake in Equity Residential during the 3rd quarter worth approximately $27,000. CVA Family Office LLC increased its stake in Equity Residential by 425.3% during the 2nd quarter. CVA Family Office LLC now owns 415 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 336 shares in the last quarter. Rosenberg Matthew Hamilton raised its holdings in shares of Equity Residential by 69.2% in the fourth quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 180 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd purchased a new position in shares of Equity Residential in the third quarter worth $31,000. Institutional investors and hedge funds own 92.68% of the company’s stock.

Equity Residential Company Profile

Equity Residential (NYSE: EQR) is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company’s core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.