Equity Residential (NYSE:EQR) Downgraded by Wall Street Zen to “Sell”

Equity Residential (NYSE:EQR) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Several other brokerages also recently commented on EQR. Evercore upped their price objective on Equity Residential from $68.00 to $69.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Barclays restated an “overweight” rating and issued a $78.00 price target on shares of Equity Residential in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft lowered shares of Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 price objective for the company. in a report on Tuesday, January 20th. Truist Financial dropped their target price on shares of Equity Residential from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Monday, November 17th. Finally, Scotiabank decreased their price target on shares of Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 4th. Six equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, Equity Residential presently has an average rating of “Hold” and an average price target of $69.78.

Equity Residential Stock Performance

Shares of NYSE:EQR opened at $63.19 on Friday. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73. Equity Residential has a 12 month low of $58.38 and a 12 month high of $75.86. The company has a market capitalization of $23.86 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 4.82 and a beta of 0.76. The firm’s 50-day moving average is $62.52 and its 200 day moving average is $62.59.

Equity Residential (NYSE:EQR) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.01). The business had revenue of $781.91 million for the quarter, compared to analysts’ expectations of $786.35 million. Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.00 EPS. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. Research analysts predict that Equity Residential will post 3.98 EPS for the current year.

Insider Transactions at Equity Residential

In related news, EVP Catherine Carraway sold 656 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $42,725.28. Following the completion of the transaction, the executive vice president owned 18,339 shares of the company’s stock, valued at $1,194,419.07. The trade was a 3.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Michael L. Manelis sold 5,765 shares of the stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $375,474.45. Following the sale, the chief operating officer directly owned 46,131 shares in the company, valued at $3,004,512.03. This trade represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 10,058 shares of company stock valued at $655,078. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. DGS Capital Management LLC purchased a new stake in shares of Equity Residential during the 4th quarter worth $298,000. Corient Private Wealth LLC lifted its position in shares of Equity Residential by 6.4% during the fourth quarter. Corient Private Wealth LLC now owns 89,109 shares of the real estate investment trust’s stock valued at $5,553,000 after buying an additional 5,348 shares during the last quarter. Beacon Pointe Advisors LLC boosted its holdings in shares of Equity Residential by 3.0% in the 4th quarter. Beacon Pointe Advisors LLC now owns 34,144 shares of the real estate investment trust’s stock valued at $2,152,000 after buying an additional 1,000 shares in the last quarter. State of Tennessee Department of Treasury grew its position in shares of Equity Residential by 27.4% in the 4th quarter. State of Tennessee Department of Treasury now owns 1,058,213 shares of the real estate investment trust’s stock worth $65,948,000 after buying an additional 227,806 shares during the last quarter. Finally, Mackenzie Financial Corp grew its position in shares of Equity Residential by 24.2% in the 4th quarter. Mackenzie Financial Corp now owns 89,663 shares of the real estate investment trust’s stock worth $5,682,000 after buying an additional 17,465 shares during the last quarter. 92.68% of the stock is owned by institutional investors.

About Equity Residential

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.