Equity Residential (NYSE:EQR) Sets New 1-Year High – Here’s What Happened

Posted by George Bondi on Jul 1st, 2026

Equity Residential (NYSE:EQR – Get Free Report)’s share price hit a new 52-week high on Wednesday . The company traded as high as $69.24 and last traded at $69.0750, with a volume of 375237 shares changing hands. The stock had previously closed at $67.93.

Analyst Ratings Changes

A number of equities research analysts have commented on EQR shares. Bank of America raised shares of Equity Residential from a “neutral” rating to a “buy” rating and set a $76.00 target price for the company in a research report on Wednesday, May 27th. Wolfe Research raised Equity Residential from a “hold” rating to an “outperform” rating in a report on Monday, June 1st. UBS Group raised their price target on Equity Residential from $71.00 to $73.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. BMO Capital Markets lifted their price objective on Equity Residential from $68.00 to $75.00 and gave the stock a “market perform” rating in a report on Monday, June 8th. Finally, Evercore increased their target price on Equity Residential from $70.00 to $71.00 in a report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat, Equity Residential currently has an average rating of “Hold” and a consensus target price of $70.65.

Read Our Latest Research Report on Equity Residential

Equity Residential Trading Up 1.6%

The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $25.87 billion, a PE ratio of 27.61, a PEG ratio of 5.43 and a beta of 0.75. The stock’s fifty day simple moving average is $65.73 and its 200 day simple moving average is $63.09.

Equity Residential (NYSE:EQR – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $779.85 million for 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 company’s revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.95 EPS. 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, sell-side analysts predict that Equity Residential will post 4.09 earnings per share for the current year.

Equity Residential Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 29th will be issued a dividend of $0.7025 per share. This represents a $2.81 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Monday, June 29th. Equity Residential’s payout ratio is currently 112.40%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Fulcrum Asset Management LLP bought a new stake in Equity Residential during the 3rd quarter worth approximately $27,000. Rosenberg Matthew Hamilton boosted its position in shares of Equity Residential by 69.2% in the fourth quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 180 shares during the period. Zions Bancorporation National Association UT increased its stake in shares of Equity Residential by 375.2% in the fourth quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 379 shares in the last quarter. DV Equities LLC purchased a new stake in shares of Equity Residential in the fourth quarter worth $30,000. Finally, Harvest Fund Management Co. Ltd bought a new stake in shares of Equity Residential during the 3rd quarter valued at $31,000. 92.68% of the stock is owned by hedge funds and other institutional investors.

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.