Zacks Research Issues Pessimistic Outlook for EQR Earnings

Equity Residential (NYSE:EQR) – Analysts at Zacks Research reduced their FY2026 earnings estimates for shares of Equity Residential in a research report issued to clients and investors on Wednesday, March 5th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings per share of $4.15 for the year, down from their prior 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.

EQR has been the topic of a number of other research reports. Barclays lowered their target price on shares of Equity Residential from $83.00 to $79.00 and set an “overweight” rating on the stock in a research note on Friday, January 24th. Mizuho dropped their price objective on Equity Residential from $78.00 to $74.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. StockNews.com upgraded Equity Residential from a “sell” rating to a “hold” rating in a research report on Saturday, February 8th. Wells Fargo & Company lowered their price target on Equity Residential from $77.00 to $75.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Finally, Scotiabank increased 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 equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $78.46.

Equity Residential Stock Performance

EQR opened at $71.91 on Thursday. The company has a 50 day simple moving average of $70.73 and a two-hundred day simple moving average of $72.93. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.36 and a quick ratio of 0.36. The firm has a market cap of $27.30 billion, a P/E ratio of 26.44, a PEG ratio of 3.99 and a beta of 0.93. Equity Residential has a 1-year low of $59.48 and a 1-year high of $78.83.

Equity Residential Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders 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 3.75%. Equity Residential’s dividend payout ratio (DPR) is presently 99.26%.

Insider Activity

In other Equity Residential news, CAO Ian Kaufman sold 642 shares of the business’s stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Michael L. Manelis sold 9,487 shares of the firm’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $72.07, for a total transaction of $683,728.09. Following the completion of the sale, the chief operating officer now owns 26,781 shares of the company’s stock, valued at $1,930,106.67. This trade represents a 26.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 19,763 shares of company stock valued at $1,424,217 in the last ninety days. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Equity Residential

A number of institutional investors and hedge funds have recently modified their holdings of EQR. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Equity Residential during the 4th quarter valued at about $27,584,000. Employees Retirement System of Texas raised its stake in shares of Equity Residential by 24.0% during the fourth quarter. Employees Retirement System of Texas now owns 258,020 shares of the real estate investment trust’s stock valued at $18,516,000 after acquiring an additional 50,000 shares in the last quarter. Azzad Asset Management Inc. ADV boosted its holdings in shares of Equity Residential by 4.5% in the fourth quarter. Azzad Asset Management Inc. ADV now owns 33,994 shares of the real estate investment trust’s stock valued at $2,439,000 after purchasing an additional 1,461 shares during the period. Ascent Group LLC grew its stake in Equity Residential by 10.0% in the fourth quarter. Ascent Group LLC now owns 19,597 shares of the real estate investment trust’s stock worth $1,406,000 after purchasing an additional 1,781 shares in the last quarter. Finally, Toronto Dominion Bank increased its holdings in Equity Residential by 7.4% during the 4th quarter. Toronto Dominion Bank now owns 182,560 shares of the real estate investment trust’s stock worth $13,101,000 after purchasing an additional 12,654 shares during the period. 92.68% of the stock is owned by institutional investors.

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.