Research Analysts Set Expectations for EQR FY2026 Earnings

Equity Residential (NYSE:EQR) – Stock analysts at Zacks Research upped their FY2026 EPS estimates for Equity Residential in a report released on Wednesday, August 12th. Zacks Research analyst Team now anticipates that the real estate investment trust will earn $4.07 per share for the year, up from their previous estimate of $4.06. 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 Q3 2027 earnings at $1.07 EPS, Q1 2028 earnings at $1.06 EPS and FY2028 earnings at $4.40 EPS.

Other equities research analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $72.00 price objective on shares of Equity Residential in a research note on Monday, July 20th. Weiss Ratings raised Equity Residential from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 3rd. Nordea Equity Research upgraded Equity Residential to a “buy” rating in a report on Wednesday, May 27th. BMO Capital Markets lifted their price target on shares of Equity Residential from $68.00 to $75.00 and gave the company a “market perform” rating in a research report on Monday, June 8th. Finally, Scotiabank boosted their price target on shares of Equity Residential from $67.00 to $70.00 and gave the company a “sector perform” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat.com, Equity Residential currently has an average rating of “Hold” and a consensus target price of $71.40.

Equity Residential Stock Performance

Shares of EQR opened at $65.96 on Friday. Equity Residential has a one year low of $57.57 and a one year high of $71.50. The company has a market cap of $24.73 billion, a PE ratio of 28.68, a P/E/G ratio of 5.12 and a beta of 0.73. The stock has a 50-day moving average of $67.50 and a 200-day moving average of $64.49. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.19 and a quick ratio of 0.19.

Hedge Funds Weigh In On Equity Residential

Institutional investors have recently added to or reduced their stakes in the stock. Fulcrum Asset Management LLP purchased a new stake in Equity Residential during the third quarter worth about $27,000. Zions Bancorporation National Association UT grew its position in shares of Equity Residential by 375.2% during the 4th quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 379 shares during the period. DV Equities LLC bought a new position in shares of Equity Residential during the 4th quarter valued at approximately $30,000. Harvest Fund Management Co. Ltd purchased a new stake in shares of Equity Residential during the 3rd quarter worth approximately $31,000. Finally, Leonteq Securities AG increased its stake in shares of Equity Residential by 48.8% during the 1st quarter. Leonteq Securities AG now owns 549 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 180 shares during the last quarter. Institutional investors own 92.68% of the company’s stock.

Equity Residential Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 29th were paid a dividend of $0.7025 per share. This represents a $2.81 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, June 29th. Equity Residential’s payout ratio is presently 122.17%.

Trending Headlines about Equity Residential

Here are the key news stories impacting Equity Residential this week:

• Positive Sentiment: Shareholders approved the proposed AvalonBay–Equity Residential merger, removing a key transaction milestone and potentially advancing the combination of the two multifamily REITs. AvalonBay, Equity Residential merger approved by shareholders
• Positive Sentiment: Zacks Research modestly raised its Equity Residential forecasts for FY2026 EPS to $4.07 from $4.06, Q1 2027 EPS to $1.02 from $1.00, Q4 2027 EPS to $1.09 from $1.08, and FY2027 EPS to $4.21 from $4.20. These increases suggest limited near- to medium-term earnings improvement.
• Neutral Sentiment: Zacks’ current full-year consensus estimate remains $4.08 per share, close to its revised FY2026 forecast. The small size of the estimate changes indicates that analysts are not making a major adjustment to Equity Residential’s operating outlook.
• Negative Sentiment: Zacks lowered its estimates for Q3 2026 EPS to $1.02 from $1.03, Q2 2027 EPS to $1.03 from $1.04, Q3 2027 EPS to $1.07 from $1.09, Q1 2028 EPS to $1.06 from $1.08, and FY2028 EPS to $4.40 from $4.43. The downward revisions to several later periods could weigh on the stock by signaling somewhat softer long-term earnings expectations.

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.