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Equity Residential (EQR) Stock

Profile

Industry:

Residential

Country:

United States

IPO:

12 August 1993

Indexes:

Description:

Equity Residential (EQR) is a leading real estate investment trust (REIT) focused on acquiring, developing, and managing high-quality apartment communities in urban and high-demand suburban areas across the United States, providing residents with exceptional living experiences and investors with attractive returns.

Key Details

Price

$74.64

TTM Dividend Yield

3.60%(-19.28% YoY)

Annual Revenue

$2.87 B(+5.07% YoY)

Annual EPS

$2.20(+7.32% YoY)

PE Ratio

30.59(-6.11% YoY)

Beta

0.54

Events Calendar

Earnings

Next earnings date:

Jan 31, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

Jan 31, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Sept 24, 2024
Splits

Next split:

N/A

Recent split:

Oct 12, 2001

Analyst ratings

Recent major analysts updates

14 Nov '24 Scotiabank
Sector Perform
01 Nov '24 RBC Capital
Outperform
24 Sept '24 B of A Securities
Neutral
16 Sept '24 Scotiabank
Sector Perform
16 Sept '24 JP Morgan
Neutral
16 Sept '24 Evercore ISI Group
In-Line
10 Sept '24 Deutsche Bank
Buy
09 Sept '24 Evercore ISI Group
In-Line
04 Sept '24 Goldman Sachs
Neutral
29 Aug '24 Truist Securities
Buy

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Institutional Ownership

Equity Residential Receives Nareit 2024 Residential Leader in the Light Award
Equity Residential Receives Nareit 2024 Residential Leader in the Light Award
Equity Residential Receives Nareit 2024 Residential Leader in the Light Award
EQR
businesswire.com25 November 2024

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR), a well-known leader in corporate responsibility, has announced that it has been awarded Nareit's 2024 Leader in the Light for the Residential sector. This marks the fourth time Equity Residential has received this recognition. The Leader in the Light awards honor REITs that show excellence in sustainable and socially responsible practices, as well as good governance and transparency.

Equity Residential (EQR) Q3 2024 Earnings Call Transcript
Equity Residential (EQR) Q3 2024 Earnings Call Transcript
Equity Residential (EQR) Q3 2024 Earnings Call Transcript
EQR
seekingalpha.com31 October 2024

Equity Residential (NYSE:EQR) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 11:30 AM ET. The call will feature several company executives, including the CEO and CFO, as well as participants from various financial institutions. The operator welcomes everyone to the call, which is being recorded.

Equity Residential Q3 FFO Meets Estimates, Revenues Increase Y/Y
Equity Residential Q3 FFO Meets Estimates, Revenues Increase Y/Y
Equity Residential Q3 FFO Meets Estimates, Revenues Increase Y/Y
EQR
zacks.com31 October 2024

EQR's results for the third quarter show good performance in their existing stores, supported by strong demand and limited supply.

Compared to Estimates, Equity Residential (EQR) Q3 Earnings: A Look at Key Metrics
Compared to Estimates, Equity Residential (EQR) Q3 Earnings: A Look at Key Metrics
Compared to Estimates, Equity Residential (EQR) Q3 Earnings: A Look at Key Metrics
EQR
zacks.com30 October 2024

The main figures for Equity Residential (EQR) provide an overview of the company's performance for the quarter that ended in September 2024. However, it could be useful to compare these important metrics with Wall Street predictions and the results from the same period last year.

Equity Residential Reports Third Quarter 2024 Results
Equity Residential Reports Third Quarter 2024 Results
Equity Residential Reports Third Quarter 2024 Results
EQR
businesswire.com30 October 2024

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) has announced its financial results for the third quarter and the first nine months of 2024, which can be found on their website. For the quarter ending September 30, 2024, the Earnings Per Share (EPS) was $0.38, down from $0.45 in 2023. This reflects a decrease in earnings compared to the previous year.

Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
EQR
marketbeat.com27 October 2024

The real estate market is staying strong and showing good stability compared to the overall market. The Real Estate Select Sector SPDR Fund ETF NYSE: XLRE is holding steady close to its highest point, only 2.7% below its peak from the past year, which could lead to a significant rise in the last quarter of the year.

Equity Residential Issues 2024 Corporate Responsibility Report
Equity Residential Issues 2024 Corporate Responsibility Report
Equity Residential Issues 2024 Corporate Responsibility Report
EQR
businesswire.com24 October 2024

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR), a well-known leader in corporate responsibility, has released its 2024 Corporate Responsibility report. This report outlines the company's approaches to sustainability, employee growth, customer interaction, community involvement, and governance, along with its objectives and successes in these fields. "We are happy to present our 11th annual report on corporate responsibility," the company stated.

What's in Store for Equity Residential Stock in Q3 Earnings?
What's in Store for Equity Residential Stock in Q3 Earnings?
What's in Store for Equity Residential Stock in Q3 Earnings?
EQR
zacks.com24 October 2024

Even with a large supply, EQR's results for the third quarter are expected to improve due to its efforts in diversifying its portfolio and investing in technology, all while there is strong demand.

Equity Residential Announces Third Quarter 2024 Earnings Release Date
Equity Residential Announces Third Quarter 2024 Earnings Release Date
Equity Residential Announces Third Quarter 2024 Earnings Release Date
EQR
https://www.businesswire.com/news/home/20241014922487/en/Equity-Residential-Announces-Third-Quarter-2024-Earnings-Release-Date/14 October 2024

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) has announced that it will share its third quarter 2024 operating results on Wednesday, October 30, 2024, after the market closes. A conference call to discuss these results will take place on Thursday, October 31, 2024, at 10:30 a.m. Central Time, and it can be accessed through a webcast on the Investor section of www.equityapartments.com. Equity Residential focuses on building communities for people.

Should You Retain Equity Residential in Your Portfolio Now?
Should You Retain Equity Residential in Your Portfolio Now?
Should You Retain Equity Residential in Your Portfolio Now?
EQR
zacks.com04 September 2024

EQR's plan to focus on wealthy renters and diversify its portfolio has advantages. However, there is a worry about the high number of rental units available.

FAQ

  • What is the primary business of Equity Residential?
  • What is the ticker symbol for Equity Residential?
  • Does Equity Residential pay dividends?
  • What sector is Equity Residential in?
  • What industry is Equity Residential in?
  • What country is Equity Residential based in?
  • When did Equity Residential go public?
  • Is Equity Residential in the S&P 500?
  • Is Equity Residential in the NASDAQ 100?
  • Is Equity Residential in the Dow Jones?
  • When was Equity Residential's last earnings report?
  • When does Equity Residential report earnings?
  • Should I buy Equity Residential stock now?

What is the primary business of Equity Residential?

Equity Residential (EQR) is a leading real estate investment trust (REIT) focused on acquiring, developing, and managing high-quality apartment communities in urban and high-demand suburban areas across the United States, providing residents with exceptional living experiences and investors with attractive returns.

What is the ticker symbol for Equity Residential?

The ticker symbol for Equity Residential is NYSE:EQR

Does Equity Residential pay dividends?

Yes, Equity Residential pays dividends. The last payment was $0.68, with an ex-dividend date on 24 September 2024

What sector is Equity Residential in?

Equity Residential is in the Real Estate sector

What industry is Equity Residential in?

Equity Residential is in the Residential industry

What country is Equity Residential based in?

Equity Residential is headquartered in United States

When did Equity Residential go public?

Equity Residential's initial public offering (IPO) was on 12 August 1993

Is Equity Residential in the S&P 500?

Yes, Equity Residential is included in the S&P 500 index

Is Equity Residential in the NASDAQ 100?

No, Equity Residential is not included in the NASDAQ 100 index

Is Equity Residential in the Dow Jones?

No, Equity Residential is not included in the Dow Jones index

When was Equity Residential's last earnings report?

Equity Residential's most recent earnings report was on 30 October 2024

When does Equity Residential report earnings?

The next expected earnings date for Equity Residential is 31 January 2025

Should I buy Equity Residential stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions