NYSE - Nasdaq Real Time Price USD

Equity Residential (EQR)

63.25 +0.71 (+1.14%)
As of 9:46 AM EDT. Market Open.
Loading Chart for EQR
DELL
  • Previous Close 62.54
  • Open 62.52
  • Bid 62.50 x 800
  • Ask 62.86 x 800
  • Day's Range 62.62 - 63.37
  • 52 Week Range 52.57 - 69.45
  • Volume 91,033
  • Avg. Volume 2,060,332
  • Market Cap (intraday) 23.968B
  • Beta (5Y Monthly) 0.85
  • PE Ratio (TTM) 29.69
  • EPS (TTM) 2.13
  • Earnings Date Apr 23, 2024
  • Forward Dividend & Yield 2.70 (4.32%)
  • Ex-Dividend Date Mar 22, 2024
  • 1y Target Est 66.00

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin.

www.equityapartments.com

2,400

Full Time Employees

December 31

Fiscal Year Ends

Recent News: EQR

Performance Overview: EQR

Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

EQR
4.53%
S&P 500
5.77%

1-Year Return

EQR
7.70%
S&P 500
22.05%

3-Year Return

EQR
4.37%
S&P 500
22.00%

5-Year Return

EQR
2.45%
S&P 500
73.48%

Compare To: EQR

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: EQR

Valuation Measures

Annual
As of 4/22/2024
  • Market Cap

    23.70B

  • Enterprise Value

    31.39B

  • Trailing P/E

    29.37

  • Forward P/E

    42.19

  • PEG Ratio (5yr expected)

    6.44

  • Price/Sales (ttm)

    8.51

  • Price/Book (mrq)

    2.14

  • Enterprise Value/Revenue

    10.92

  • Enterprise Value/EBITDA

    15.34

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    29.07%

  • Return on Assets (ttm)

    2.73%

  • Return on Equity (ttm)

    7.46%

  • Revenue (ttm)

    2.87B

  • Net Income Avi to Common (ttm)

    832.35M

  • Diluted EPS (ttm)

    2.13

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    50.74M

  • Total Debt/Equity (mrq)

    66.52%

  • Levered Free Cash Flow (ttm)

    1.33B

Research Analysis: EQR

Analyst Price Targets

61.00 Low
66.00 Average
63.25 Current
73.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: EQR

Fair Value

63.25 Current
 

Dividend Score

0 Low
EQR
Sector Avg.
100 High
 

Hiring Score

0 Low
EQR
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
EQR
Sector Avg.
100 High
 

Research Reports: EQR

  • Analyst Report: Equity Residential

    Equity Residential owns a portfolio of 302 apartment communities with around 80,000 units and is developing two additional properties with 537 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.

    Rating
    Price Target
     
  • Analyst Report: Equity Residential

    Equity Residential owns a portfolio of 302 apartment communities with around 80,000 units and is developing two additional properties with 537 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.

    Rating
    Price Target
     
  • Analyst Report: Equity Residential

    Equity Residential owns a portfolio of 302 apartment communities with around 80,000 units and is developing two additional properties with 537 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.

    Rating
    Price Target
     
  • Analyst Report: Equity Residential Properties

    Equity Residential, based in Chicago, is one of the largest apartment real estate investment trusts in the U.S. The company focuses on high-quality properties and has benefited from the high cost of home ownership. Prior to the pandemic, the company's properties were primarily in large coastal cities in four core states. Its new growth strategy is focused on 12 Sunbelt and other non-coastal markets, including suburban properties in Raleigh, Atlanta, Austin, and Denver. The average EQR tenant is a professional in his or her early 30s. Average same-store rental rates are about $3,030. About 42% of the portfolio is in California and 20% is in New York and Boston. EQR owns or has interests in 302 communities with about 80,200 apartment units. About 95% of these communities are wholly owned. The shares are a component of the S&P 500. The company's market cap is about $22.6 billion.

    Rating
    Price Target
     

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