Zacks Research Issues Negative Outlook for EQR Earnings

Equity Residential (NYSE:EQR) – Equities researchers at Zacks Research reduced their Q3 2026 EPS estimates for Equity Residential in a research report issued on Wednesday, August 12th. Zacks Research analyst Team now forecasts that the real estate investment trust will post earnings of $1.02 per share for the quarter, down from their prior forecast of $1.03. The consensus estimate for Equity Residential’s current full-year earnings is $4.08 per share. Zacks Research also issued estimates for Equity Residential’s Q1 2027 earnings at $1.02 EPS, Q2 2027 earnings at $1.03 EPS, Q4 2027 earnings at $1.09 EPS and FY2027 earnings at $4.21 EPS.

Other research analysts have also issued reports about the stock. Jefferies Financial Group upgraded shares of Equity Residential to a “hold” rating in a research note on Wednesday, July 22nd. Mizuho upped their price objective on shares of Equity Residential from $66.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 10th. Evercore lifted their target price on shares of Equity Residential from $70.00 to $71.00 in a report on Monday, June 8th. Piper Sandler raised their price objective on shares of Equity Residential from $72.00 to $75.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Finally, BNP Paribas Exane boosted their target price on Equity Residential from $68.00 to $70.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $71.40.

Equity Residential Stock Down 1.2%

Shares of NYSE EQR opened at $64.33 on Thursday. The business has a 50-day moving average price of $67.54 and a 200 day moving average price of $64.47. The stock has a market cap of $24.12 billion, a PE ratio of 27.97, a price-to-earnings-growth ratio of 5.18 and a beta of 0.73. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.77. Equity Residential has a 52-week low of $57.57 and a 52-week high of $71.50.

Equity Residential Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 29th were given a $0.7025 dividend. The ex-dividend date was Monday, June 29th. This represents a $2.81 annualized dividend and a dividend yield of 4.4%. Equity Residential’s dividend payout ratio is currently 122.17%.

Institutional Investors Weigh In On Equity Residential

A number of institutional investors and hedge funds have recently bought and sold shares of EQR. Fulcrum Asset Management LLP acquired a new position in shares of Equity Residential in the third quarter worth $27,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of Equity Residential during the 3rd quarter worth about $31,000. Zions Bancorporation National Association UT grew its holdings in shares of Equity Residential by 375.2% during the fourth quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 379 shares in the last quarter. DV Equities LLC acquired a new position in shares of Equity Residential in the fourth quarter valued at approximately $30,000. Finally, Leonteq Securities AG raised its position in shares of Equity Residential by 48.8% in the first quarter. Leonteq Securities AG now owns 549 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 180 shares during the last quarter. Hedge funds and other institutional investors own 92.68% of the company’s stock.

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.