Equity Residential (NYSE:EQR) Raised to “Hold” at Wall Street Zen

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

Other equities research analysts also recently issued research reports about the company. BNP Paribas Exane increased their target price on Equity Residential from $66.00 to $68.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 3rd. Mizuho lifted their price target on Equity Residential from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Friday. Truist Financial decreased their price objective on Equity Residential from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Monday, November 17th. Jefferies Financial Group dropped their price objective on Equity Residential from $68.00 to $65.00 and set a “hold” rating on the stock in a report on Tuesday, November 11th. Finally, Cantor Fitzgerald raised their target price on Equity Residential from $61.00 to $64.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Six analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat.com, Equity Residential currently has a consensus rating of “Hold” and an average target price of $69.68.

Equity Residential Stock Performance

Shares of Equity Residential stock opened at $62.24 on Friday. The company has a market cap of $23.50 billion, a PE ratio of 21.24, a price-to-earnings-growth ratio of 4.72 and a beta of 0.75. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.73. Equity Residential has a 52 week low of $58.38 and a 52 week high of $73.14. The business has a 50 day moving average price of $62.53 and a 200-day moving average price of $62.53.

Equity Residential (NYSE:EQR) last issued its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share (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 during the quarter, compared to the consensus estimate of $786.35 million. During the same period in the previous year, the company posted $1.00 earnings per share. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. 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 analysts anticipate that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Insider Activity at Equity Residential

In other Equity Residential news, EVP Catherine Carraway sold 656 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total transaction of $42,725.28. Following the transaction, the executive vice president directly owned 18,339 shares of the company’s stock, valued at approximately $1,194,419.07. The trade was a 3.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $236,877.81. Following the completion of the transaction, the executive vice president owned 18,740 shares of the company’s stock, valued at $1,220,536.20. This trade represents a 16.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 10,058 shares of company stock worth $655,078 over the last quarter. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Equity Residential

Hedge funds and other institutional investors have recently modified their holdings of the stock. Collier Financial bought a new position in shares of Equity Residential in the 3rd quarter worth approximately $26,000. Fulcrum Asset Management LLP purchased a new stake in Equity Residential in the third quarter worth $27,000. Rosenberg Matthew Hamilton grew its stake in 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 purchasing an additional 180 shares during the period. Harvest Fund Management Co. Ltd bought a new position in Equity Residential in the third quarter worth $31,000. Finally, Zions Bancorporation National Association UT raised its holdings in Equity Residential by 375.2% in the fourth quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 379 shares in the last quarter. Hedge funds and other institutional investors own 92.68% of the company’s stock.

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.