Equity Residential/EQR

$60.21

1.24%
-
1D1W1MYTD1YMAX

About Equity Residential

Equity Residential is a real estate investment trust. The Company is focused on the acquisition, development and management of residential properties located in and around cities. The Company’s primary business is the acquisition, development, and management of multifamily residential properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The Company owns and operates rental apartment properties, with a presence in Boston, New York, Washington, D.C., Southern California, including Los Angeles, Orange County and San Diego), San Francisco and Seattle, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. The Company owns 302 properties located in 10 states and the District of Columbia consisting of 80,191 apartment units. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential.

Ticker

EQR

Sector

Real Estate

Trading on

NYSE

Industry

Real Estate Operations

CEO

Mark Parrell

Employees

2,400

Headquarters

Chicago, United States

EQR Metrics

BasicAdvanced
$22.33B
Market cap
26.75
P/E ratio
$2.20
EPS
0.85
Beta
$2.61
Dividend rate
4.51%
Dividend yield

What the Analysts think about EQR

Analyst Ratings

Majority rating from 24 analysts.
Hold

Price Targets

Average projection from 20 analysts.
9.2% upside
High $73.00
Low $58.00
$60.21
Current price
$65.75
Average price target

EQR Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
42.83% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$727.5M
0.48%
Net income
$311.6M
80.64%
Profit margin
42.83%
79.81%

EQR Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 91.1%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.56
$0.37
$0.45
$0.82
-
Expected
$0.33
$0.38
$0.40
$0.43
$0.34
Surprise
67.66%
-1.33%
12.9%
91.1%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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