Equity Residential (EQR) – Investment Analysts’ Weekly Ratings Updates

Equity Residential (NYSE: EQR) recently received a number of ratings updates from brokerages and research firms:

• 5/12/2025 – Equity Residential had its price target raised by analysts at Scotiabank from $79.00 to $82.00. They now have a “sector perform” rating on the stock.
• 5/9/2025 – Equity Residential had its price target raised by analysts at Barclays PLC from $79.00 to $83.00. They now have an “overweight” rating on the stock.
• 5/1/2025 – Equity Residential had its price target raised by analysts at Royal Bank of Canada from $75.00 to $76.00. They now have an “outperform” rating on the stock.
• 4/30/2025 – Equity Residential had its price target lowered by analysts at Stifel Nicolaus from $82.25 to $80.00. They now have a “buy” rating on the stock.

Equity Residential Stock Performance

Shares of EQR stock opened at $70.82 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.72. Equity Residential has a 52 week low of $59.41 and a 52 week high of $78.84. The stock has a market capitalization of $26.91 billion, a PE ratio of 26.04, a P/E/G ratio of 3.99 and a beta of 0.89. The firm has a 50 day moving average of $68.84 and a two-hundred day moving average of $70.88.

Equity Residential (NYSE:EQR) last issued its quarterly earnings results on Tuesday, April 29th. The real estate investment trust reported $0.95 EPS for the quarter, beating the consensus estimate of $0.93 by $0.02. Equity Residential had a net margin of 34.76% and a return on equity of 9.27%. The company had revenue of $760.81 million during the quarter, compared to analysts’ expectations of $769.43 million. During the same quarter last year, the company posted $0.93 EPS. The firm’s revenue was up 4.1% compared to the same quarter last year. On average, research analysts predict that Equity Residential will post 3.98 EPS for the current fiscal year.

Equity Residential Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were given a $0.6925 dividend. This represents a $2.77 annualized dividend and a yield of 3.91%. The ex-dividend date of this dividend was Monday, March 31st. This is a boost from Equity Residential’s previous quarterly dividend of $0.68. Equity Residential’s dividend payout ratio (DPR) is currently 105.73%.

Hedge Funds Weigh In On Equity Residential

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EQR. Vanguard Group Inc. lifted its position in shares of Equity Residential by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 56,000,934 shares of the real estate investment trust’s stock worth $4,008,547,000 after purchasing an additional 199,943 shares during the last quarter. Norges Bank purchased a new stake in shares of Equity Residential during the 4th quarter worth $2,493,426,000. Price T Rowe Associates Inc. MD lifted its position in shares of Equity Residential by 5.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 20,711,588 shares of the real estate investment trust’s stock worth $1,482,537,000 after purchasing an additional 1,101,027 shares during the last quarter. APG Asset Management US Inc. lifted its position in shares of Equity Residential by 0.5% during the 4th quarter. APG Asset Management US Inc. now owns 11,664,576 shares of the real estate investment trust’s stock worth $837,050,000 after purchasing an additional 57,660 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Equity Residential by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 9,519,627 shares of the real estate investment trust’s stock worth $681,594,000 after purchasing an additional 165,683 shares during the last quarter. Hedge funds and other institutional investors own 92.68% of the company’s stock.

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.