Equity Residential (EQR) To Go Ex-Dividend on January 2nd

Equity Residential (NYSE:EQR) announced a quarterly dividend on Thursday, December 11th. Investors of record on Friday, January 2nd will be paid a dividend of 0.6925 per share by the real estate investment trust on Friday, January 16th. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Friday, January 2nd.

Equity Residential has decreased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 4 consecutive years. Equity Residential has a payout ratio of 205.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Equity Residential to earn $4.21 per share next year, which means the company should continue to be able to cover its $2.77 annual dividend with an expected future payout ratio of 65.8%.

Equity Residential Trading Down 0.5%

NYSE EQR traded down $0.33 on Wednesday, hitting $63.18. 99,312 shares of the stock were exchanged, compared to its average volume of 2,065,296. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.45 and a current ratio of 0.45. Equity Residential has a 52-week low of $58.38 and a 52-week high of $75.86. The firm has a market capitalization of $24.04 billion, a P/E ratio of 20.85, a P/E/G ratio of 3.37 and a beta of 0.75. The stock has a fifty day moving average price of $61.01 and a two-hundred day moving average price of $63.75.

Equity Residential (NYSE:EQR) last released its quarterly earnings results on Tuesday, October 28th. The real estate investment trust reported $1.02 EPS for the quarter, hitting analysts’ consensus estimates of $1.02. Equity Residential had a net margin of 37.58% and a return on equity of 10.30%. The firm had revenue of $782.41 million during the quarter, compared to analysts’ expectations of $779.68 million. During the same period in the previous 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. Research analysts forecast that Equity Residential will post 3.98 EPS for the current fiscal year.

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.