Equity Residential (NYSE:EQR) Upgraded at Jefferies Financial Group

Posted by Geri Gentry on Jun 27th, 2026

Equity Residential (NYSE:EQR – Get Free Report) was upgraded by stock analysts at Jefferies Financial Group to a “hold” rating in a research note issued on Friday,Zacks.com reports.

EQR has been the topic of several other reports. Evercore lifted their target price on Equity Residential from $70.00 to $71.00 in a report on Monday, June 8th. Scotiabank increased their price target on Equity Residential from $66.00 to $67.00 and gave the company a “sector perform” rating in a research note on Wednesday, March 4th. JPMorgan Chase & Co. increased their target price on Equity Residential from $71.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Mizuho raised their target price on shares of Equity Residential from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, June 10th. Finally, Barclays boosted their price target on shares of Equity Residential from $75.00 to $76.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $70.65.

Get Our Latest Report on Equity Residential

Equity Residential Trading Up 2.0%

Equity Residential stock opened at $68.48 on Friday. Equity Residential has a 1 year low of $57.57 and a 1 year high of $69.03. The firm’s 50 day moving average price is $65.47 and its 200-day moving average price is $62.97. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.18 and a quick ratio of 0.18. The stock has a market cap of $25.66 billion, a P/E ratio of 27.39, a PEG ratio of 5.33 and a beta of 0.75.

Equity Residential (NYSE:EQR – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.09). The company had revenue of $779.85 million during the quarter, compared to the consensus estimate of $781.79 million. Equity Residential had a net margin of 30.63% and a return on equity of 8.57%. The business’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.95 earnings per share. Equity Residential has set its FY 2026 guidance at 4.020-4.140 EPS and its Q2 2026 guidance at 0.980-1.020 EPS. On average, equities analysts predict that Equity Residential will post 4.09 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Equity Residential

Institutional investors and hedge funds have recently modified their holdings of the stock. Empowered Funds LLC increased its position in shares of Equity Residential by 3.1% during the 1st quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust’s stock valued at $536,000 after purchasing an additional 226 shares during the last quarter. Cresset Asset Management LLC boosted its stake in Equity Residential by 13.9% during the second quarter. Cresset Asset Management LLC now owns 4,836 shares of the real estate investment trust’s stock worth $330,000 after buying an additional 590 shares during the period. Jump Financial LLC boosted its stake in Equity Residential by 96.1% during the second quarter. Jump Financial LLC now owns 11,300 shares of the real estate investment trust’s stock worth $763,000 after buying an additional 5,537 shares during the period. Federated Hermes Inc. bought a new position in Equity Residential during the second quarter valued at $100,000. Finally, Cerity Partners LLC increased its position in Equity Residential by 170.7% during the second quarter. Cerity Partners LLC now owns 20,646 shares of the real estate investment trust’s stock valued at $1,393,000 after acquiring an additional 13,018 shares during the last quarter. Hedge funds and other institutional investors own 92.68% of the company’s stock.

Equity Residential Company Profile

(Get Free Report)

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.