Equity Residential (NYSE:EQR) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Equity Residential (NYSE:EQR) have been given a consensus recommendation of “Hold” by the nineteen research firms that are currently covering the firm, MarketBeat reports. Twelve investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $69.5441.

A number of research analysts have issued reports on EQR shares. Deutsche Bank Aktiengesellschaft cut 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. Cantor Fitzgerald assumed coverage on shares of Equity Residential in a research report on Wednesday, October 1st. They set an “overweight” rating and a $70.00 target price for the company. Morgan Stanley cut their price target 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. BNP Paribas Exane lowered shares of Equity Residential from an “outperform” rating to a “hold” rating in a research report on Monday, September 29th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equity Residential in a report on Wednesday, October 8th.

Equity Residential Stock Down 0.5%

NYSE EQR opened at $61.02 on Friday. Equity Residential has a 1-year low of $58.38 and a 1-year high of $75.86. The company has a market capitalization of $23.22 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 3.11 and a beta of 0.75. The stock’s 50 day moving average is $61.36 and its two-hundred day moving average is $63.09. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.75.

Equity Residential (NYSE:EQR) last posted its earnings results on Tuesday, October 28th. The real estate investment trust reported $1.02 EPS for the quarter, hitting the consensus estimate of $1.02. The business had revenue of $782.41 million during the quarter, compared to the consensus estimate of $779.68 million. Equity Residential had a return on equity of 10.30% and a net margin of 37.58%.During the same quarter last 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. Equities analysts forecast that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Announces Dividend

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

Hedge Funds Weigh In On Equity Residential

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Collier Financial acquired a new stake in shares of Equity Residential in the third quarter valued at $26,000. Fulcrum Asset Management LLP acquired a new stake in Equity Residential in the 3rd quarter valued at about $27,000. CVA Family Office LLC increased its position in Equity Residential by 425.3% in the 2nd quarter. CVA Family Office LLC now owns 415 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 336 shares in the last quarter. Rosenberg Matthew Hamilton raised its stake 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 acquiring an additional 180 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new position in shares of Equity Residential during the third quarter worth approximately $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.