Equity Residential (NYSE:EQR) Price Target Raised to $64.00

Equity Residential (NYSE:EQR) had its target price raised by Cantor Fitzgerald from $61.00 to $64.00 in a note issued to investors on Monday, Marketbeat reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock.

Several other research analysts also recently weighed in on the stock. Scotiabank decreased their target price on shares of Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 4th. Truist Financial decreased their price objective on shares of Equity Residential from $75.00 to $70.00 and set a “buy” rating for the company in a research report on Monday, November 17th. Mizuho dropped their target price on Equity Residential from $66.00 to $65.00 and set a “neutral” rating on the stock in a research report on Monday, November 24th. Wall Street Zen upgraded Equity Residential from a “sell” rating to a “hold” rating in a research note on Monday, November 3rd. Finally, Morgan Stanley lowered their price objective on Equity Residential from $75.00 to $73.50 and set an “equal weight” rating for the company in a research note on Thursday, November 13th. Six analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $69.61.

Equity Residential Price Performance

Shares of NYSE EQR opened at $64.00 on Monday. Equity Residential has a 1-year low of $58.38 and a 1-year high of $75.86. The business has a 50-day moving average of $61.77 and a 200-day moving average of $62.65. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.31 and a quick ratio of 0.45. The company has a market capitalization of $24.35 billion, a price-to-earnings ratio of 21.84, a PEG ratio of 4.36 and a beta of 0.76.

Equity Residential (NYSE:EQR) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.01). The company had revenue of $781.91 million for the quarter, compared to analysts’ expectations of $786.35 million. Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. On average, equities analysts anticipate that Equity Residential will post 3.98 EPS for the current fiscal year.

Institutional Trading of Equity Residential

Institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC boosted its holdings in shares of Equity Residential by 3.1% during the first quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust’s stock valued at $536,000 after acquiring an additional 226 shares during the period. US Bancorp DE boosted its stake in Equity Residential by 5.8% during the 2nd quarter. US Bancorp DE now owns 34,094 shares of the real estate investment trust’s stock valued at $2,301,000 after purchasing an additional 1,873 shares during the period. Blair William & Co. IL grew its position in Equity Residential by 4.6% in the 2nd quarter. Blair William & Co. IL now owns 11,873 shares of the real estate investment trust’s stock worth $801,000 after purchasing an additional 522 shares during the last quarter. Callan Family Office LLC bought a new position in Equity Residential in the 2nd quarter worth about $486,000. Finally, Blue Trust Inc. increased its stake in shares of Equity Residential by 22.9% in the second quarter. Blue Trust Inc. now owns 1,475 shares of the real estate investment trust’s stock valued at $100,000 after purchasing an additional 275 shares during the period. Institutional investors own 92.68% of the company’s stock.

Equity Residential Company Profile

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.