What is Zacks Research’s Forecast for EQR FY2025 Earnings?

Equity Residential (NYSE:EQR) – Investment analysts at Zacks Research boosted their FY2025 earnings estimates for shares of Equity Residential in a research note issued to investors on Tuesday, November 18th. Zacks Research analyst Team now anticipates that the real estate investment trust will post earnings per share of $4.00 for the year, up from their previous forecast of $3.97. 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 Q4 2025 earnings at $1.04 EPS, Q1 2026 earnings at $0.99 EPS, Q2 2026 earnings at $1.03 EPS, Q3 2026 earnings at $1.05 EPS, FY2026 earnings at $4.14 EPS, Q1 2027 earnings at $1.03 EPS, Q2 2027 earnings at $1.08 EPS, Q3 2027 earnings at $1.10 EPS and FY2027 earnings at $4.32 EPS.

Other analysts have also recently issued research reports about the company. Scotiabank lowered their price target on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a research report on Tuesday, November 4th. BNP Paribas Exane lowered Equity Residential from an “outperform” rating to a “neutral” rating in a research report on Monday, September 29th. Cantor Fitzgerald started coverage on shares of Equity Residential in a research report on Wednesday, October 1st. They set an “overweight” rating and a $70.00 price target for the company. Wall Street Zen upgraded shares of Equity Residential from a “sell” rating to a “hold” rating in a research note on Monday, November 3rd. Finally, BNP Paribas lowered shares of Equity Residential from an “outperform” rating to a “hold” rating in a research note on Monday, September 29th. Eight investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $70.83.

Equity Residential Price Performance

Shares of EQR opened at $59.19 on Wednesday. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.45 and a quick ratio of 0.17. The company’s fifty day moving average price is $62.42 and its 200-day moving average price is $65.48. Equity Residential has a 1-year low of $58.38 and a 1-year high of $78.32. The firm has a market capitalization of $22.52 billion, a PE ratio of 19.53, a price-to-earnings-growth ratio of 2.99 and a beta of 0.88.

Equity Residential (NYSE:EQR) last released its earnings results on Tuesday, October 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, hitting the consensus estimate of $1.02. The company had revenue of $782.41 million for the quarter, compared to the consensus estimate of $779.68 million. Equity Residential had a net margin of 37.58% and a return on equity of 10.30%. During the same quarter in the previous year, the firm earned $0.98 EPS. Equity Residential has set its Q4 2025 guidance at 1.020-1.060 EPS. FY 2025 guidance at 3.980-4.020 EPS.

Equity Residential Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Thursday, September 25th were given a $0.6925 dividend. This represents a $2.77 annualized dividend and a yield of 4.7%. The ex-dividend date was Thursday, September 25th. Equity Residential’s dividend payout ratio is currently 91.42%.

Hedge Funds Weigh In On Equity Residential

Several institutional investors have recently made changes to their positions in EQR. Vanguard Group Inc. boosted its holdings in Equity Residential by 2.3% during the third quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock worth $3,728,296,000 after buying an additional 1,281,354 shares in the last quarter. Norges Bank acquired a new position in shares of Equity Residential in the second quarter worth about $2,351,689,000. State Street Corp boosted its stake in shares of Equity Residential by 2.8% during the 3rd quarter. State Street Corp now owns 24,922,935 shares of the real estate investment trust’s stock worth $1,630,103,000 after acquiring an additional 688,854 shares in the last quarter. Price T Rowe Associates Inc. MD grew 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 valued at $1,482,537,000 after acquiring an additional 1,101,027 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Equity Residential by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 9,884,977 shares of the real estate investment trust’s stock valued at $664,662,000 after acquiring an additional 137,533 shares during the period. 92.68% of the stock is owned by hedge funds and other institutional investors.

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.