Research Analysts Offer Predictions for EQR Q3 Earnings

Equity Residential (NYSE:EQR) – Research analysts at Zacks Research dropped their Q3 2026 earnings per share (EPS) estimates for Equity Residential in a research report issued on Thursday, February 26th. Zacks Research analyst Team now forecasts that the real estate investment trust will earn $1.03 per share for the quarter, down from their previous forecast of $1.05. The consensus estimate for Equity Residential’s current full-year earnings is $3.98 per share. Zacks Research also issued estimates for Equity Residential’s Q4 2026 earnings at $1.05 EPS, FY2026 earnings at $4.07 EPS, Q3 2027 earnings at $1.08 EPS and FY2028 earnings at $4.36 EPS.

Equity Residential (NYSE:EQR) last issued its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.01). Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The firm had revenue of $781.91 million for the quarter, compared to analysts’ expectations of $786.35 million. During the same period in the prior year, the firm posted $1.00 EPS. Equity Residential’s revenue was up 2.0% on a year-over-year basis. 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.

Several other equities research analysts have also issued reports on EQR. Royal Bank Of Canada dropped their price objective on Equity Residential from $70.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, January 15th. UBS Group upped their price objective on shares of Equity Residential from $68.00 to $71.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Jefferies Financial Group cut their price target on shares of Equity Residential from $68.00 to $65.00 and set a “hold” rating for the company in a research note on Tuesday, November 11th. Morgan Stanley dropped their price objective on shares of Equity Residential from $75.00 to $73.50 and set an “equal weight” rating for the company in a report on Thursday, November 13th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 target price for the company. in a research report on Tuesday, January 20th. Six equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $69.78.

Equity Residential Stock Down 1.5%

EQR opened at $63.19 on Monday. The firm has a market capitalization of $23.86 billion, a P/E ratio of 21.57, a price-to-earnings-growth ratio of 4.76 and a beta of 0.75. Equity Residential has a one year low of $58.38 and a one year high of $75.86. The company has a fifty day moving average price of $62.52 and a 200-day moving average price of $62.58. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.31 and a quick ratio of 0.31.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in EQR. Insigneo Advisory Services LLC raised its holdings in Equity Residential by 4.9% during the 4th quarter. Insigneo Advisory Services LLC now owns 3,543 shares of the real estate investment trust’s stock valued at $223,000 after buying an additional 165 shares during the last quarter. Rosenberg Matthew Hamilton increased its holdings in Equity Residential by 69.2% during the 4th quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 180 shares during the period. Rothschild Investment LLC raised its position in Equity Residential by 6.8% during the 2nd quarter. Rothschild Investment LLC now owns 2,841 shares of the real estate investment trust’s stock valued at $192,000 after purchasing an additional 182 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Equity Residential by 0.4% in the 2nd quarter. Cetera Investment Advisers now owns 48,030 shares of the real estate investment trust’s stock worth $3,242,000 after buying an additional 183 shares during the period. Finally, CX Institutional grew its position in shares of Equity Residential by 6.1% in the 3rd quarter. CX Institutional now owns 3,274 shares of the real estate investment trust’s stock worth $212,000 after buying an additional 189 shares during the last quarter. Institutional investors own 92.68% of the company’s stock.

Insider Activity

In related news, COO Michael L. Manelis sold 5,765 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $375,474.45. Following the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Catherine Carraway sold 656 shares of Equity Residential stock in a transaction that occurred on Tuesday, February 10th. The stock was 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 directly owned 18,339 shares in the company, valued at $1,194,419.07. This trade represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 10,058 shares of company stock valued at $655,078. 1.00% of the stock is currently owned by insiders.

Equity Residential Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were given a dividend of $0.6925 per share. This represents a $2.77 annualized dividend and a yield of 4.4%. The ex-dividend date was Friday, January 2nd. Equity Residential’s dividend payout ratio is presently 94.54%.

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.