Equity Residential (NYSE:EQR) Given Consensus Rating of “Hold” by Analysts

Shares of Equity Residential (NYSE:EQR) have been assigned an average recommendation of “Hold” from the twenty-three ratings firms that are covering the company, Marketbeat.com reports. Thirteen research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $70.80.

EQR has been the subject of several analyst reports. Wall Street Zen downgraded Equity Residential from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Scotiabank upped their price target on Equity Residential from $67.00 to $70.00 and gave the company a “sector perform” rating in a research report on Thursday. Morgan Stanley raised shares of Equity Residential from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $72.00 to $74.00 in a report on Thursday, March 26th. JPMorgan Chase & Co. raised their price objective on shares of Equity Residential from $71.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Finally, UBS Group boosted their price objective on shares of Equity Residential from $71.00 to $73.00 and gave the company a “buy” rating in a research note on Thursday, May 14th.

Equity Residential Stock Performance

Shares of NYSE:EQR traded up $0.64 during trading on Friday, hitting $68.72. 2,380,560 shares of the company were exchanged, compared to its average volume of 2,786,122. The company has a market cap of $25.75 billion, a PE ratio of 27.49, a P/E/G ratio of 5.45 and a beta of 0.74. The stock has a 50 day moving average of $66.69 and a 200 day moving average of $63.52. Equity Residential has a 52-week low of $57.57 and a 52-week high of $71.50. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.18 and a quick ratio of 0.18.

Equity Residential (NYSE:EQR) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.09). The company had revenue of $779.85 million during the quarter, compared to analysts’ expectations of $781.79 million. Equity Residential had a net margin of 30.63% and a return on equity of 8.57%. Equity Residential’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.95 earnings per share. Equity Residential has set its FY 2026 guidance at 4.020-4.140 EPS and its Q2 2026 guidance at 0.980-1.020 EPS. As a group, equities research analysts predict that Equity Residential will post 4.09 EPS for the current year.

Equity Residential Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 29th were issued a $0.7025 dividend. This represents a $2.81 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, June 29th. Equity Residential’s dividend payout ratio (DPR) is presently 112.40%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Tema ETFs LLC boosted its stake in Equity Residential by 10.4% during the second quarter. Tema ETFs LLC now owns 6,176 shares of the real estate investment trust’s stock valued at $420,000 after buying an additional 580 shares during the period. E. Ohman J or Asset Management AB increased its stake in Equity Residential by 5.4% in the 2nd quarter. E. Ohman J or Asset Management AB now owns 9,762 shares of the real estate investment trust’s stock worth $663,000 after acquiring an additional 500 shares during the last quarter. Handelsbanken Fonder AB raised its holdings in shares of Equity Residential by 30.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 248,010 shares of the real estate investment trust’s stock valued at $16,847,000 after acquiring an additional 57,374 shares in the last quarter. Czech National Bank raised its holdings in shares of Equity Residential by 3.6% in the 2nd quarter. Czech National Bank now owns 97,048 shares of the real estate investment trust’s stock valued at $6,592,000 after acquiring an additional 3,415 shares in the last quarter. Finally, PensionDanmark Pensionsforsikringsaktieselskab boosted its position in shares of Equity Residential by 10.3% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 64,060 shares of the real estate investment trust’s stock valued at $4,352,000 after acquiring an additional 6,000 shares during the last quarter. 92.68% of the stock is currently owned by hedge funds and other 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.