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

Equity Residential (NYSE:EQR) has earned a consensus rating of “Hold” from the nineteen research firms that are covering the firm, MarketBeat reports. Thirteen research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $69.6316.

Several brokerages have weighed in on EQR. Scotiabank upped their target price on shares of Equity Residential from $66.00 to $67.00 and gave the stock a “sector perform” rating in a research report on Wednesday, March 4th. The Goldman Sachs Group lifted their price target on shares of Equity Residential from $69.00 to $71.00 and gave the company a “neutral” rating in a research report on Thursday, February 12th. Piper Sandler set a $78.00 price target on Equity Residential in a report on Tuesday, January 27th. JPMorgan Chase & Co. lowered their price target on Equity Residential from $75.00 to $71.00 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Finally, Jefferies Financial Group dropped their price objective on Equity Residential from $68.00 to $65.00 and set a “hold” rating for the company in a research note on Tuesday, November 11th.

Insider Transactions at Equity Residential

In other news, COO Michael L. Manelis sold 5,765 shares of Equity Residential stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total transaction of $375,474.45. Following the completion of the sale, the chief operating officer directly owned 46,131 shares in the company, valued at $3,004,512.03. The trade was a 11.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Robert Garechana sold 3,637 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 transaction of $236,877.81. Following the completion of the sale, the executive vice president directly owned 18,740 shares of the company’s stock, valued at $1,220,536.20. The trade was a 16.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 10,058 shares of company stock valued at $655,078 in the last 90 days. 1.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Equity Residential

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Equity Residential by 2.3% during the third quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock worth $3,728,296,000 after purchasing an additional 1,281,354 shares during the period. Baillie Gifford & Co. grew its stake in shares of Equity Residential by 566.7% during the 3rd quarter. Baillie Gifford & Co. now owns 115,181 shares of the real estate investment trust’s stock valued at $7,456,000 after buying an additional 97,906 shares during the period. Aberdeen Group plc increased its holdings in shares of Equity Residential by 34.6% during the 3rd quarter. Aberdeen Group plc now owns 568,408 shares of the real estate investment trust’s stock worth $36,446,000 after buying an additional 146,148 shares during the last quarter. National Pension Service raised its position in shares of Equity Residential by 4.6% in the 3rd quarter. National Pension Service now owns 605,494 shares of the real estate investment trust’s stock worth $39,194,000 after buying an additional 26,590 shares during the period. Finally, Resona Asset Management Co. Ltd. boosted its holdings in Equity Residential by 8.8% in the third quarter. Resona Asset Management Co. Ltd. now owns 209,614 shares of the real estate investment trust’s stock valued at $13,471,000 after acquiring an additional 17,014 shares during the last quarter. 92.68% of the stock is currently owned by institutional investors and hedge funds.

Equity Residential Trading Down 0.5%

NYSE:EQR opened at $62.78 on Monday. Equity Residential has a 1 year low of $58.38 and a 1 year high of $73.14. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.31 and a current ratio of 0.31. The stock has a fifty day moving average price of $62.55 and a two-hundred day moving average price of $62.54. The stock has a market capitalization of $23.70 billion, a price-to-earnings ratio of 21.43, a PEG ratio of 4.72 and a beta of 0.75.

Equity Residential (NYSE:EQR) last posted its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). The company had revenue of $781.91 million for the quarter, compared to analyst estimates of $786.35 million. Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the company earned $1.00 earnings per share. 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. As a group, sell-side analysts anticipate that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a $0.6925 dividend. The ex-dividend date was Friday, January 2nd. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.4%. Equity Residential’s dividend payout ratio (DPR) is currently 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.