Equity Residential (NYSE:EQR) Announces Earnings Results

Equity Residential (NYSE:EQR) posted its quarterly earnings results on Thursday. The real estate investment trust reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01), Zacks reports. Equity Residential had a net margin of 37.58% and a return on equity of 10.30%. Equity Residential updated its Q1 2026 guidance to 0.940-0.980 EPS.

Equity Residential Price Performance

NYSE EQR traded down $1.29 during trading hours on Thursday, hitting $61.79. 3,360,224 shares of the company’s stock traded hands, compared to its average volume of 2,497,195. Equity Residential has a 52-week low of $58.38 and a 52-week high of $75.86. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.45 and a quick ratio of 0.45. The firm’s 50-day moving average is $61.72 and its 200-day moving average is $62.76. The company has a market capitalization of $23.51 billion, a PE ratio of 20.39, a PEG ratio of 4.20 and a beta of 0.76.

Equity Residential Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 2nd were paid a $0.6925 dividend. This represents a $2.77 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, January 2nd. Equity Residential’s dividend payout ratio is currently 91.42%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Fulcrum Asset Management LLP acquired a new position in Equity Residential in the third quarter valued at $27,000. Harvest Fund Management Co. Ltd acquired a new position in Equity Residential during the 3rd quarter worth approximately $31,000. MUFG Securities EMEA plc acquired a new stake in Equity Residential during the 2nd quarter valued at $68,000. Brown Brothers Harriman & Co. increased its position in shares of Equity Residential by 25.6% during the third quarter. Brown Brothers Harriman & Co. now owns 1,235 shares of the real estate investment trust’s stock worth $80,000 after acquiring an additional 252 shares during the last quarter. Finally, Federated Hermes Inc. acquired a new position in shares of Equity Residential in the 2nd quarter valued at approximately $100,000. Institutional investors and hedge funds own 92.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on EQR. UBS Group raised their price target on Equity Residential from $68.00 to $71.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. The Goldman Sachs Group upped their price target on shares of Equity Residential from $63.00 to $69.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Morgan Stanley dropped their target price on Equity Residential from $75.00 to $73.50 and set an “equal weight” rating for the company in a research report on Thursday, November 13th. Truist Financial decreased their price target on Equity Residential from $75.00 to $70.00 and set a “buy” rating for the company in a research note on Monday, November 17th. Finally, Evercore ISI cut their price objective on Equity Residential from $70.00 to $68.00 and set an “outperform” rating on the stock in a research report on Monday, November 3rd. Seven research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $70.01.

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.