Equities Analysts Offer Predictions for EQR FY2025 Earnings

Equity Residential (NYSE:EQR) – Stock analysts at Wedbush dropped their FY2025 EPS estimates for shares of Equity Residential in a note issued to investors on Monday, February 10th. Wedbush analyst R. Anderson now expects that the real estate investment trust will post earnings of $3.96 per share for the year, down from their previous estimate of $4.04. The consensus estimate for Equity Residential’s current full-year earnings is $3.98 per share. Wedbush also issued estimates for Equity Residential’s FY2026 earnings at $4.18 EPS.

A number of other equities research analysts have also weighed in on the stock. Royal Bank of Canada lowered their price target on shares of Equity Residential from $83.00 to $79.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Scotiabank reduced their price objective on shares of Equity Residential from $81.00 to $78.00 and set a “sector perform” rating on the stock in a research note on Thursday, November 14th. Wells Fargo & Company cut 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 research note on Friday, January 24th. Barclays reduced their target price on Equity Residential from $83.00 to $79.00 and set an “overweight” rating on the stock in a report on Friday, January 24th. Finally, Stifel Nicolaus raised shares of Equity Residential from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $77.75 to $81.50 in a report on Wednesday, November 13th. Eleven analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, Equity Residential presently has an average rating of “Hold” and a consensus price target of $78.36.

Equity Residential Stock Performance

Equity Residential stock opened at $71.44 on Wednesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.13 and a current ratio of 0.36. Equity Residential has a one year low of $57.33 and a one year high of $78.83. The stock’s 50 day moving average price is $70.78 and its 200 day moving average price is $72.75. The firm has a market capitalization of $27.11 billion, a PE ratio of 26.26, a price-to-earnings-growth ratio of 4.49 and a beta of 0.93.

Institutional Trading of Equity Residential

Hedge funds and other institutional investors have recently modified their holdings of the company. Keybank National Association OH raised its stake in shares of Equity Residential by 2.0% during the 4th quarter. Keybank National Association OH now owns 7,001 shares of the real estate investment trust’s stock worth $502,000 after purchasing an additional 139 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in Equity Residential by 25.3% in the fourth quarter. AdvisorNet Financial Inc now owns 722 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 146 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Equity Residential by 38.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 558 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 156 shares during the last quarter. UMB Bank n.a. boosted its holdings in Equity Residential by 69.6% in the third quarter. UMB Bank n.a. now owns 475 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 195 shares in the last quarter. Finally, Modera Wealth Management LLC lifted its position in shares of Equity Residential by 6.5% in the third quarter. Modera Wealth Management LLC now owns 3,278 shares of the real estate investment trust’s stock worth $244,000 after buying an additional 200 shares during the last quarter. 92.68% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Equity Residential

In other Equity Residential news, CAO Ian Kaufman sold 642 shares of the firm’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $72.06, for a total value of $46,262.52. Following the completion of the transaction, the chief accounting officer now directly owns 25,539 shares in the company, valued at $1,840,340.34. This trade represents a 2.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, COO Michael L. Manelis sold 9,487 shares of the stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $72.07, for a total value 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. The trade was a 26.16 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 19,763 shares of company stock valued at $1,424,217. Corporate insiders own 1.00% of the company’s stock.

Equity Residential Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, January 2nd were given a $0.675 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $2.70 annualized dividend and a yield of 3.78%. Equity Residential’s dividend payout ratio (DPR) is 99.26%.

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.