Q1 EPS Estimate for Equity Residential Raised by Analyst

Equity Residential (NYSE:EQR) – Stock analysts at Zacks Research upped their Q1 2028 EPS estimates for shares of Equity Residential in a research note issued to investors on Thursday, April 9th. Zacks Research analyst Team now forecasts that the real estate investment trust will post earnings per share of $1.04 for the quarter, up from their prior forecast of $1.00. The consensus estimate for Equity Residential’s current full-year earnings is $3.98 per share.

A number of other research firms also recently issued reports on EQR. The Goldman Sachs Group raised their price objective on shares of Equity Residential from $69.00 to $71.00 and gave the stock a “neutral” rating in a report on Thursday, February 12th. Scotiabank raised their price objective on shares of Equity Residential from $66.00 to $67.00 and gave the stock a “sector perform” rating in a report on Wednesday, March 4th. Mizuho raised their price objective on shares of Equity Residential from $65.00 to $66.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. Barclays dropped their price objective on shares of Equity Residential from $78.00 to $75.00 and set an “overweight” rating on the stock in a report on Friday, March 6th. Finally, BMO Capital Markets downgraded shares of Equity Residential from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $70.00 to $68.00 in a report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $69.53.

Equity Residential Stock Performance

EQR opened at $60.76 on Monday. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73. The company has a market cap of $22.94 billion, a price-to-earnings ratio of 20.74, a PEG ratio of 4.61 and a beta of 0.73. The company’s 50 day moving average is $61.57 and its 200 day moving average is $61.54. Equity Residential has a 12-month low of $57.57 and a 12-month high of $72.40.

Equity Residential (NYSE:EQR) last posted its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). The business had revenue of $781.91 million during the quarter, compared to analysts’ expectations of $786.35 million. Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.00 EPS. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS.

Equity Residential Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 30th were issued a dividend of $0.7025 per share. This is an increase from Equity Residential’s previous quarterly dividend of $0.69. This represents a $2.81 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, March 30th. Equity Residential’s payout ratio is presently 95.90%.

Insider Buying and Selling at Equity Residential

In other Equity Residential news, EVP Robert Garechana sold 3,637 shares of Equity Residential stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total transaction of $236,877.81. Following the transaction, the executive vice president owned 18,740 shares of the company’s stock, valued at $1,220,536.20. The trade was a 16.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Michael L. Manelis sold 5,765 shares of Equity Residential stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total transaction of $375,474.45. Following the transaction, the chief operating officer directly owned 46,131 shares in the company, valued at $3,004,512.03. This represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 10,058 shares of company stock valued at $655,078 over the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Equity Residential

Large investors have recently added to or reduced their stakes in the company. Collier Financial purchased a new position in Equity Residential during the third quarter valued at approximately $26,000. Fulcrum Asset Management LLP purchased a new position in Equity Residential during the third quarter valued at approximately $27,000. Rosenberg Matthew Hamilton raised its position in shares of Equity Residential by 69.2% during the fourth quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 180 shares during the last quarter. Zions Bancorporation National Association UT raised its position in shares of Equity Residential by 375.2% during the fourth quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 379 shares during the last quarter. Finally, DV Equities LLC bought a new stake in shares of Equity Residential during the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 92.68% of the company’s stock.

About Equity Residential

Equity Residential (NYSE: EQR) is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company’s core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.