Equity Residential (NYSE:EQR) Releases Q1 2025 Earnings Guidance

Equity Residential (NYSE:EQR) updated its first quarter 2025 earnings guidance on Monday. The company provided EPS guidance of 0.900-0.940 for the period, compared to the consensus EPS estimate of 0.960. The company issued revenue guidance of -. Equity Residential also updated its FY 2025 guidance to 3.900-4.000 EPS.

Equity Residential Trading Down 0.4 %

NYSE EQR traded down $0.30 during trading on Monday, reaching $70.33. 2,592,118 shares of the stock traded hands, compared to its average volume of 1,739,418. Equity Residential has a fifty-two week low of $57.33 and a fifty-two week high of $78.83. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.76. The firm has a market cap of $26.69 billion, a price-to-earnings ratio of 28.82, a price-to-earnings-growth ratio of 4.35 and a beta of 0.93. The stock’s 50-day moving average price is $71.49 and its 200 day moving average price is $72.70.

Equity Residential Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, January 2nd were issued a $0.675 dividend. This represents a $2.70 annualized dividend and a dividend yield of 3.84%. The ex-dividend date was Thursday, January 2nd. Equity Residential’s dividend payout ratio (DPR) is 110.66%.

Wall Street Analysts Forecast Growth

EQR has been the subject of a number of research analyst reports. StockNews.com cut Equity Residential from a “hold” rating to a “sell” rating in a research note on Friday. Scotiabank decreased their price objective on Equity Residential from $81.00 to $78.00 and set a “sector perform” rating for the company in a research report on Thursday, November 14th. Wells Fargo & Company dropped their target price on shares of Equity Residential from $77.00 to $75.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Mizuho reduced their price target on shares of Equity Residential from $78.00 to $74.00 and set a “neutral” rating for the company in a report on Monday, January 6th. Finally, Stifel Nicolaus raised shares of Equity Residential from a “hold” rating to a “buy” rating and increased their price objective for the stock from $77.75 to $81.50 in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Equity Residential currently has an average rating of “Hold” and a consensus price target of $78.36.

About Equity Residential

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.