Equity Residential (NYSE:EQR) Stock Rating Lowered by Wall Street Zen

Equity Residential (NYSE:EQR) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

EQR has been the topic of several other research reports. Evercore upped their price target on Equity Residential from $68.00 to $69.00 and gave the company an “outperform” rating in a research note on Monday, February 9th. Royal Bank Of Canada lowered their target price on shares of Equity Residential from $70.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, January 15th. Scotiabank decreased their price objective on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a report on Tuesday, November 4th. Wells Fargo & Company lowered their target price on shares of Equity Residential from $68.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Monday, November 10th. Finally, Barclays reaffirmed an “overweight” rating and issued a $78.00 target price on shares of Equity Residential in a report on Tuesday, January 13th. Six investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat, Equity Residential currently has an average rating of “Hold” and an average target price of $69.78.

Equity Residential Stock Performance

Shares of EQR opened at $63.19 on Friday. The stock has a fifty day moving average price of $62.52 and a 200-day moving average price of $62.58. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73. Equity Residential has a 12 month low of $58.38 and a 12 month high of $75.86. The firm has a market cap of $23.86 billion, a PE ratio of 21.57, a P/E/G ratio of 4.76 and a beta of 0.75.

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

Insider Activity

In related news, EVP Catherine Carraway sold 656 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $42,725.28. Following the sale, the executive vice president directly owned 18,339 shares of the company’s stock, valued at approximately $1,194,419.07. This represents a 3.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Michael L. Manelis sold 5,765 shares of the firm’s 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 transaction, the chief operating officer owned 46,131 shares of the company’s stock, valued at $3,004,512.03. This trade represents a 11.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 10,058 shares of company stock worth $655,078 over the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Collier Financial purchased a new stake in Equity Residential in the 3rd quarter valued at approximately $26,000. Fulcrum Asset Management LLP acquired a new position in shares of Equity Residential in the third quarter worth $27,000. Rosenberg Matthew Hamilton raised its holdings in shares of Equity Residential by 69.2% in the fourth quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 180 shares during the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in shares of Equity Residential in the third quarter valued at $31,000. Finally, Zions Bancorporation National Association UT boosted its stake in shares of Equity Residential by 375.2% during the fourth 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 last quarter. 92.68% of the stock is owned by hedge funds and other institutional investors.

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.