Equity Residential (NYSE:EQR) EVP Sells $236,877.81 in Stock

Equity Residential (NYSE:EQR) EVP Robert Garechana sold 3,637 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $236,877.81. Following the transaction, the executive vice president owned 18,740 shares in the company, valued at $1,220,536.20. This trade represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Equity Residential Trading Down 1.3%

NYSE EQR traded down $0.84 during trading on Wednesday, hitting $64.73. The stock had a trading volume of 3,402,144 shares, compared to its average volume of 2,721,283. The company has a quick ratio of 0.45, a current ratio of 0.31 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $24.63 billion, a PE ratio of 22.09, a PEG ratio of 4.43 and a beta of 0.76. The firm has a 50 day moving average price of $61.90 and a 200 day moving average price of $62.61. Equity Residential has a twelve month low of $58.38 and a twelve month high of $75.86.

Equity Residential (NYSE:EQR) last posted its quarterly earnings data 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). Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The business had revenue of $781.91 million during the quarter, compared to analysts’ expectations of $786.35 million. During the same period in the previous year, the business posted $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. As a group, equities research analysts forecast that Equity Residential will post 3.98 earnings per share for the current year.

Equity Residential Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were issued a dividend of $0.6925 per share. The ex-dividend date was Friday, January 2nd. This represents a $2.77 annualized dividend and a yield of 4.3%. Equity Residential’s dividend payout ratio is 94.54%.

Hedge Funds Weigh In On Equity Residential

Several large investors have recently bought and sold shares of EQR. Vanguard Group Inc. increased its position 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 buying an additional 1,281,354 shares during the period. Norges Bank acquired a new stake in Equity Residential during the 4th quarter worth $2,201,674,000. State Street Corp grew its position in Equity Residential by 2.8% during the 3rd quarter. State Street Corp now owns 24,922,935 shares of the real estate investment trust’s stock worth $1,630,103,000 after purchasing an additional 688,854 shares during the last quarter. Geode Capital Management LLC increased its stake in Equity Residential by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 10,258,275 shares of the real estate investment trust’s stock valued at $644,412,000 after purchasing an additional 114,604 shares during the period. Finally, First Eagle Investment Management LLC boosted its stake in shares of Equity Residential by 0.5% during the fourth quarter. First Eagle Investment Management LLC now owns 9,242,013 shares of the real estate investment trust’s stock worth $582,617,000 after buying an additional 44,127 shares during the period. Institutional investors and hedge funds own 92.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on EQR shares. Jefferies Financial Group cut their target price on shares of Equity Residential from $68.00 to $65.00 and set a “hold” rating on the stock in a research note on Tuesday, November 11th. Barclays reiterated an “overweight” rating and set a $78.00 price target on shares of Equity Residential in a report on Tuesday, January 13th. BMO Capital Markets lowered shares of Equity Residential from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $70.00 to $68.00 in a report on Friday, January 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equity Residential in a research report on Thursday, January 22nd. Finally, The Goldman Sachs Group increased their target price on Equity Residential from $63.00 to $69.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Seven analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat, Equity Residential presently has an average rating of “Hold” and an average target price of $69.58.

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.