Research Analysts Offer Predictions for EQR FY2026 Earnings

Posted by Stanley Muller on Aug 14th, 2026

Equity Residential (NYSE:EQR – Free Report) – Equities researchers at Zacks Research boosted their FY2026 earnings per share (EPS) estimates for Equity Residential in a research report issued to clients and investors on Wednesday, August 12th. Zacks Research analyst Team now forecasts that the real estate investment trust will post earnings per share of $4.07 for the year, up from their previous forecast of $4.06. The consensus estimate for Equity Residential’s current full-year earnings is $4.08 per share. Zacks Research also issued estimates for Equity Residential’s Q3 2027 earnings at $1.07 EPS, Q1 2028 earnings at $1.06 EPS and FY2028 earnings at $4.40 EPS.

Several other equities research analysts have also issued reports on the company. Wells Fargo & Company lifted their price target on Equity Residential from $62.00 to $64.00 and gave the company an “equal weight” rating in a report on Thursday, April 23rd. Weiss Ratings upgraded Equity Residential from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 3rd. BNP Paribas Exane raised their price target on Equity Residential from $68.00 to $70.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. JPMorgan Chase & Co. lifted their price target on Equity Residential from $71.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Finally, Evercore boosted their price target on shares of Equity Residential from $70.00 to $71.00 in a research report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $71.40.

Get Our Latest Stock Analysis on EQR

Equity Residential Stock Up 2.4%

EQR stock opened at $65.96 on Friday. The company has a market cap of $24.73 billion, a price-to-earnings ratio of 28.68, a PEG ratio of 5.12 and a beta of 0.73. Equity Residential has a 12-month low of $57.57 and a 12-month high of $71.50. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.77. The company has a 50 day moving average of $67.50 and a two-hundred day moving average of $64.49.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new position in Equity Residential in the fourth quarter valued at about $2,201,674,000. Cohen & Steers Inc. increased its position in Equity Residential by 227.7% in the 4th quarter. Cohen & Steers Inc. now owns 7,405,502 shares of the real estate investment trust’s stock valued at $466,869,000 after acquiring an additional 5,145,442 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Equity Residential by 876.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,500,885 shares of the real estate investment trust’s stock worth $291,342,000 after purchasing an additional 4,039,752 shares during the period. Wellington Management Group LLP increased its holdings in Equity Residential by 797.2% in the third quarter. Wellington Management Group LLP now owns 2,085,406 shares of the real estate investment trust’s stock valued at $134,988,000 after purchasing an additional 1,852,970 shares during the period. Finally, Alyeska Investment Group L.P. lifted its holdings in Equity Residential by 353.5% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,002,892 shares of the real estate investment trust’s stock worth $129,647,000 after buying an additional 1,561,241 shares during the period. 92.68% of the stock is currently owned by institutional investors and hedge funds.

Equity Residential Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 29th were paid a $0.7025 dividend. This represents a $2.81 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Monday, June 29th. Equity Residential’s payout ratio is 122.17%.

More Equity Residential News

Here are the key news stories impacting Equity Residential this week:

Positive Sentiment: Shareholders approved the proposed AvalonBay–Equity Residential merger, removing a key transaction milestone and potentially advancing the combination of the two multifamily REITs. AvalonBay, Equity Residential merger approved by shareholders
Positive Sentiment: Zacks Research modestly raised its Equity Residential forecasts for FY2026 EPS to $4.07 from $4.06, Q1 2027 EPS to $1.02 from $1.00, Q4 2027 EPS to $1.09 from $1.08, and FY2027 EPS to $4.21 from $4.20. These increases suggest limited near- to medium-term earnings improvement.
Neutral Sentiment: Zacks’ current full-year consensus estimate remains $4.08 per share, close to its revised FY2026 forecast. The small size of the estimate changes indicates that analysts are not making a major adjustment to Equity Residential’s operating outlook.
Negative Sentiment: Zacks lowered its estimates for Q3 2026 EPS to $1.02 from $1.03, Q2 2027 EPS to $1.03 from $1.04, Q3 2027 EPS to $1.07 from $1.09, Q1 2028 EPS to $1.06 from $1.08, and FY2028 EPS to $4.40 from $4.43. The downward revisions to several later periods could weigh on the stock by signaling somewhat softer long-term earnings expectations.

Equity Residential Company Profile

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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.