FY2026 Earnings Forecast for EQR Issued By Zacks Research

Equity Residential (NYSE:EQR) – Zacks Research cut their FY2026 earnings per share (EPS) estimates for shares of Equity Residential in a report issued on Wednesday, March 5th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings of $4.15 per share for the year, down from their previous estimate of $4.16. The consensus estimate for Equity Residential’s current full-year earnings is $3.98 per share. Zacks Research also issued estimates for Equity Residential’s FY2027 earnings at $4.37 EPS.

Several other research analysts have also recently weighed in on the company. Evercore ISI boosted their target price on Equity Residential from $74.00 to $76.00 and gave the stock an “in-line” rating in a report on Monday, February 10th. Wells Fargo & Company lowered their price objective on Equity Residential from $77.00 to $75.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. Stifel Nicolaus set a $82.25 target price on Equity Residential in a research note on Tuesday, February 4th. Mizuho reduced their price target on Equity Residential from $78.00 to $74.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Finally, Scotiabank upped their price objective on shares of Equity Residential from $78.00 to $79.00 and gave the company a “sector perform” rating in a report on Friday, February 14th. Eleven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $78.46.

Equity Residential Stock Up 0.4 %

NYSE EQR opened at $73.74 on Thursday. The business has a fifty day moving average price of $70.74 and a 200 day moving average price of $72.93. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.36 and a current ratio of 0.36. The company has a market cap of $28.00 billion, a P/E ratio of 27.11, a P/E/G ratio of 3.99 and a beta of 0.93. Equity Residential has a one year low of $59.48 and a one year high of $78.83.

Institutional Trading of Equity Residential

Institutional investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Equity Residential during the fourth quarter worth about $2,493,426,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Equity Residential by 806.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,259,145 shares of the real estate investment trust’s stock valued at $317,136,000 after purchasing an additional 3,789,234 shares during the period. Northern Trust Corp lifted its position in shares of Equity Residential by 53.1% during the fourth quarter. Northern Trust Corp now owns 6,476,004 shares of the real estate investment trust’s stock worth $464,718,000 after purchasing an additional 2,246,555 shares in the last quarter. Los Angeles Capital Management LLC boosted its stake in shares of Equity Residential by 1,459.8% in the third quarter. Los Angeles Capital Management LLC now owns 1,949,473 shares of the real estate investment trust’s stock valued at $145,158,000 after purchasing an additional 1,824,494 shares during the period. Finally, FMR LLC increased its stake in Equity Residential by 29.0% during the 3rd quarter. FMR LLC now owns 7,746,494 shares of the real estate investment trust’s stock worth $576,804,000 after buying an additional 1,741,840 shares during the period. 92.68% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Scott Fenster sold 5,340 shares of the firm’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $72.06, for a total value of $384,800.40. Following the transaction, the executive vice president now directly owns 35,507 shares in the company, valued at $2,558,634.42. This trade represents a 13.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Ian Kaufman sold 642 shares of the firm’s stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $72.06, for a total transaction of $46,262.52. Following the completion of the transaction, the chief accounting officer now owns 25,539 shares in the company, valued at $1,840,340.34. The trade was a 2.45 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 19,763 shares of company stock valued at $1,424,217. Company insiders own 1.00% of the company’s stock.

Equity Residential Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, January 2nd were given a dividend of $0.675 per share. The ex-dividend date was Thursday, January 2nd. This represents a $2.70 dividend on an annualized basis and a yield of 3.66%. Equity Residential’s dividend payout ratio (DPR) is currently 99.26%.

Equity Residential Company Profile

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, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.