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EQR

EQR - Equity Residential Stock Price, Fair Value and News

61.69USD-1.10 (-1.75%)Market Closed

Market Summary

EQR
USD61.69-1.10
Market Closed
-1.75%

EQR Stock Price

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EQR RSI Chart

EQR Valuation

Market Cap

23.4B

Price/Earnings (Trailing)

28.03

Price/Sales (Trailing)

1.0K

EV/EBITDA

11.49

Price/Free Cashflow

15.28

EQR Price/Sales (Trailing)

EQR Profitability

EBT Margin

3915.93%

Return on Equity

7.54%

Return on Assets

4.17%

Free Cashflow Yield

6.55%

EQR Fundamentals

EQR Revenue

Revenue (TTM)

22.3M

Rev. Growth (Yr)

-86.31%

Rev. Growth (Qtr)

-96.25%

EQR Earnings

Earnings (TTM)

835.4M

Earnings Growth (Yr)

96.01%

Earnings Growth (Qtr)

80.68%

Breaking Down EQR Revenue

Last 7 days

-0.2%

Last 30 days

-2.5%

Last 90 days

-0.8%

Trailing 12 Months

2.8%

How does EQR drawdown profile look like?

EQR Financial Health

EQR Investor Care

Dividend Yield

4.3%

Dividend/Share (TTM)

2.65

Shares Dilution (1Y)

0.25%

Diluted EPS (TTM)

2.2

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202300022.3M
20220000
20210000
20202.7B2.7B2.6B531.8M
20192.6B2.6B2.7B2.7B
20182.0B2.0B2.1B2.6B
20171.4B1.7B2.1B2.0B
20165.8B5.4B4.9B4.5B
20152.6B2.7B2.7B2.7B
20142.5B2.6B2.6B2.6B
20131.9B2.1B2.2B2.4B
20121.7B1.8B1.8B1.8B
20111.7B1.7B1.7B1.7B
20101.7B1.7B1.7B1.8B
20091.6B1.5B1.4B1.6B
200801.7B1.7B1.6B
20070001.8B

Tracking the Latest Insider Buys and Sells of Equity Residential

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 19, 2024
jones nina p
acquired
-
-
784
-
Mar 19, 2024
hoff ann
acquired
-
-
588
-
Feb 28, 2024
kaufman ian
acquired
7,590
50.6
150
chief accounting officer
Feb 28, 2024
shapiro mark s
acquired
99,985
50.6
1,976
-
Feb 28, 2024
altshuler barry
acquired
99,985
50.6
1,976
executive vice president
Feb 28, 2024
neal john e
acquired
99,985
50.6
1,976
-
Feb 28, 2024
sterrett stephen e
acquired
99,985
50.6
1,976
-
Feb 13, 2024
garechana robert
sold
-50,632
57.8
-876
evp & chief financial officer
Feb 13, 2024
carraway catherine
sold
-16,819
57.8
-291
evp & chro
Feb 13, 2024
kaufman ian
sold
-41,384
57.8
-716
chief accounting officer

1–10 of 50

Which funds bought or sold EQR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
OPTIMUM INVESTMENT ADVISORS
unchanged
-
3,900
126,220
0.06%
Apr 11, 2024
Rye Brook Capital LLC
unchanged
-
98,000
3,159,000
1.85%
Apr 11, 2024
Fortitude Family Office, LLC
unchanged
-
63.00
2,020
-%
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
unchanged
-
981
31,893
-%
Apr 11, 2024
DHJJ Financial Advisors, Ltd.
unchanged
-
2.00
64.00
-%
Apr 11, 2024
Aurora Investment Managers, LLC.
added
22.57
612,000
2,920,000
2.15%
Apr 11, 2024
Gulf International Bank (UK) Ltd
unchanged
-
58,000
1,880,000
0.05%
Apr 11, 2024
First Affirmative Financial Network
added
0.73
14,845
391,973
0.29%
Apr 11, 2024
Wynn Capital, LLC
reduced
-6.95
-11,433
275,286
0.21%
Apr 10, 2024
CVA Family Office, LLC
unchanged
-
19.00
631
-%

1–10 of 50

Are Funds Buying or Selling EQR?

Are funds buying EQR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own EQR
No. of Funds

Unveiling Equity Residential's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
price t rowe associates inc /md/
5.2%
19,911,042
SC 13G
Feb 13, 2024
norges bank
9.23%
35,045,588
SC 13G/A
Feb 13, 2024
vanguard group inc
15.00%
56,940,042
SC 13G/A
Jan 30, 2024
state street corp
6.64%
25,229,550
SC 13G/A
Jan 24, 2024
blackrock inc.
10.9%
41,535,224
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
4.4%
16,647,643
SC 13G/A
Feb 14, 2023
norges bank
8.17%
30,886,593
SC 13G/A
Feb 09, 2023
vanguard group inc
15.25%
57,630,717
SC 13G/A
Feb 08, 2023
state street corp
6.30%
23,813,619
SC 13G/A
Jan 31, 2023
blackrock inc.
10.7%
40,577,530
SC 13G/A

Recent SEC filings of Equity Residential

View All Filings
Date Filed Form Type Document
Mar 21, 2024
3
Insider Trading
Mar 21, 2024
3
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 19, 2024
8-K
Current Report
Mar 15, 2024
144
Notice of Insider Sale Intent
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading

Peers (Alternatives to Equity Residential)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
83.5B
11.1B
-11.48% -15.03%
61.1
7.5
4.04% -19.43%
42.0B
7.0B
-12.14% -27.78%
27.97
6.02
-0.07% -10.36%
26.1B
2.8B
-1.30% 8.08%
28.11
9.43
6.73% -18.30%
20.9B
2.9B
-2.72% 1.88%
202.02
7.26
11.46% -80.13%
12.9B
1.6B
-3.53% 8.82%
29.78
8.01
7.80% 39.39%
10.8B
1.3B
-3.51% -2.52%
29.61
8.16
8.04% -24.50%
9.5B
3.3B
-5.70% 17.26%
50.01
2.91
5.31% -77.32%
MID-CAP
8.3B
1.1B
-1.43% 2.71%
34.93
7.31
5.38% -38.52%
3.5B
884.1M
-1.95% 64.15%
-12.65
3.92
2.90% -314.82%
3.3B
899.4M
0.04% 128.70%
-5.87
3.69
-0.45% -623.11%
SMALL-CAP
1.3B
441.2M
-2.21% 17.16%
19.54
2.87
4.38% 15.77%
1.2B
198.2M
6.59% 5.20%
-7.45
5.91
-43.33% -270.70%
1.1B
605.6M
-6.29% 6.24%
13.65
1.81
25.53% 134.62%
637.7M
258.7M
-4.51% -31.00%
-13.1
2.47
0.11% 83.70%
410.5M
277.9M
-9.22% -18.32%
-25.88
1.48
44.33% 96.06%

Equity Residential News

Latest updates
Defense World23 hours ago
MarketBeat09 Apr 202406:29 pm
Yahoo Finance22 Mar 202407:00 am
CNN05 Mar 202404:21 pm

Equity Residential Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-100.0%-27.00717100148197687653638623598598610622654682684685669662653
Costs and Expenses-1.7%491499499508457478485504471466445462436440441468453447439453433
  S&GA Expenses-17.8%12.0014.0019.0016.0012.0013.0016.0017.0013.0013.0015.0015.0011.0011.0012.0015.0012.0011.0014.0015.0012.00
EBITDA Margin-90.99*-6.84*7.04*6.50*4.80*3.62*2.91*2.34*0.91*0.76*0.73*0.82*--------
Interest Expenses-0.3%69.0069.0066.0066.0066.0072.0072.0073.0070.0068.0067.0067.0011781.0082.0086.0010086.0010995.0092.00
Income Taxes-0.8%0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-3.030.000.000.000.00
Earnings Before Taxes77.3%32418314622216733623475.0056244932962.0023096.00273334299277253110123
EBT Margin-39.16*-2.97*3.21*2.67*2.43*1.92*1.61*1.31*0.44*0.29*0.27*0.36*--------
Net Income80.7%31217313921215932322471.0052743231658.0025391.00261309301267309105122
Net Income Margin-37.39*-2.84*3.07*2.55*2.31*1.82*1.53*1.24*0.44*0.30*0.27*0.36*--------
Free Cashflow-22.2%344443353393335429323368282402230346---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.4%20,03520,10920,14620,10320,21820,26520,57420,83021,16920,66320,46420,16920,28720,62420,71520,91921,17321,05420,99120,76920,394
    Cash Equivalents29.3%51.0039.0036.0013354.0045.0045.0041.0012440.0039.0035.0043.0017818782.0046.0029.0025129.0047.00
Liabilities-1.3%8,4568,5658,5648,4338,5178,6339,0719,3009,4839,3299,3829,2079,1849,5769,5419,79510,16510,15210,17510,0709,615
Shareholder's Equity0.2%11,08611,06237.0037.0011,1734.004.0037.001,8274.004.0037.004.0037.009,1189,0924.0037.0010,1541,15537.00
  Retained Earnings0.7%1,4371,4271,5061,6191,6591,7371,6501,6621,8271,5271,3221,2321,4001,3721,5061,4701,3861,3081,2531,1551,262
  Additional Paid-In Capital0.1%9,6029,5899,4739,4889,4769,2679,2309,1439,1219,1319,1109,0839,1299,1669,1189,0928,9668,9178,9508,9268,935
Shares Outstanding-0.1%379380379379378376376376376375374373---------
Minority Interest-0.4%203204207212209-1.57-1.7321718.002.002062352334.005.005.001.00226227-5.46229
Float---25,000---26,800---28,500---21,700---27,900--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-22.2%344,274442,544352,701393,279334,528429,354322,818368,056281,971402,088230,072346,053231,212399,238252,635382,451362,804403,407317,228373,545312,104
  Share Based Compensation-20.3%4,8676,10311,8019,0444,9545,9599,3979,2035,8915,8427,3998,6784,8994,8005,6317,8443,6723,9956,9769,8064,862
Cashflow From Investing129.9%58,851-197,076-315,00243,723-135,544288,671151,702-197,037-125,031-254,23470,990-126,345247,128-148,889299,338266,009-113,644-289,025-22,120-347,035-108,014
Cashflow From Financing-60.2%-389,857-243,383-132,142-355,089-183,279-715,209-467,569-419,555-23,453-313,606-6,397-221,600-613,826-260,668-447,210-624,689-216,757-339,254-79,146-49,317-176,527
  Dividend Payments0.2%251,564251,101250,922236,561235,104235,074234,966226,639225,937225,548224,675224,308224,270224,241224,188211,239210,720210,448210,194199,749198,938

EQR Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUES   
Rental income$ 2,873,964$ 2,735,180$ 2,463,997
EXPENSES   
Property and maintenance514,575483,865453,532
Real estate taxes and insurance412,114388,412397,105
Property management119,804110,30498,155
General and administrative60,71658,71056,506
Depreciation888,709882,168838,272
Total expenses1,995,9181,923,4591,843,570
Net gain (loss) on sales of real estate properties282,539304,3251,072,183
Impairment  (16,769)
Operating income1,160,5851,116,0461,675,841
Interest and other income22,3452,19325,666
Other expenses(29,419)(13,664)(19,275)
Interest:   
Expense incurred, net(269,556)(282,920)(272,473)
Amortization of deferred financing costs(8,941)(8,729)(8,737)
Income before income and other taxes, income (loss) from investments in unconsolidated entities and net gain (loss) on sales of land parcels875,014812,9261,401,022
Income and other tax (expense) benefit(1,148)(900)(915)
Income (loss) from investments in unconsolidated entities(5,378)(5,031)(3,398)
Net gain (loss) on sales of land parcels  5
Net income868,488806,9951,396,714
Net (income) loss attributable to Noncontrolling Interests:   
Operating Partnership(26,710)(26,310)(45,900)
Partially Owned Properties(6,340)(3,774)(17,964)
Net income attributable to controlling interests835,438776,9111,332,850
Preferred distributions(3,090)(3,090)(3,090)
Net income available to Common Shares$ 832,348$ 773,821$ 1,329,760
Earnings per share – basic:   
Net income available to Common Shares$ 2.2$ 2.06$ 3.56
Weighted average Common Shares outstanding378,773376,209373,833
Earnings per share – diluted:   
Net income available to Common Shares$ 2.2$ 2.05$ 3.54
Weighted average Common Shares outstanding390,897389,450388,089

EQR Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Land$ 5,581,876$ 5,580,878
Depreciable property22,938,42622,334,369
Projects under development78,036112,940
Land held for development114,30060,567
Investment in real estate28,712,63828,088,754
Accumulated depreciation(9,810,337)(9,027,850)
Investment in real estate, net18,902,30119,060,904
Investments in unconsolidated entities282,049279,024
Cash and cash equivalents50,74353,869
Restricted deposits89,25283,303
Right-of-use assets457,266462,956
Other assets252,953278,206
Total assets20,034,56420,218,262
Liabilities:  
Mortgage notes payable, net1,632,9021,953,438
Notes, net5,348,4175,342,329
Line of credit and commercial paper409,131129,955
Accounts payable and accrued expenses104,43096,028
Accrued interest payable65,71666,310
Lease liabilities311,640308,748
Other liabilities255,543306,941
Security deposits69,17868,940
Distributions payable259,231244,621
Total liabilities8,456,1888,517,310
Commitments and contingencies
Redeemable Noncontrolling Interests – Operating Partnership289,248318,273
Shareholders' equity:  
Preferred Shares of beneficial interest, $0.01 par value; 100,000,000 shares authorized; 745,600 shares issued and outstanding as of December 31, 2023 and December 31, 202237,28037,280
Common Shares of beneficial interest, $0.01 par value; 1,000,000,000 shares authorized; 379,291,417 shares issued and outstanding as of December 31, 2023 and 378,429,708 shares issued and outstanding as of December 31, 20223,7933,784
Paid in capital9,601,8669,476,085
Retained earnings1,437,1851,658,837
Accumulated other comprehensive income (loss)5,704(2,547)
Total shareholders’ equity11,085,82811,173,439
Noncontrolling Interests:  
Operating Partnership202,306209,961
Partially Owned Properties994(721)
Total Noncontrolling Interests203,300209,240
Total equity11,289,12811,382,679
Total liabilities and equity/capital$ 20,034,564$ 20,218,262
EQR
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 304 properties consisting of 80,212 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin.
 CEO
 WEBSITEequityapartments.com
 INDUSTRYREIT Mortgage
 EMPLOYEES2400

Equity Residential Frequently Asked Questions


What is the ticker symbol for Equity Residential? What does EQR stand for in stocks?

EQR is the stock ticker symbol of Equity Residential. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Equity Residential (EQR)?

As of Fri Apr 12 2024, market cap of Equity Residential is 23.41 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EQR stock?

You can check EQR's fair value in chart for subscribers.

What is the fair value of EQR stock?

You can check EQR's fair value in chart for subscribers. The fair value of Equity Residential is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Equity Residential is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EQR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Equity Residential a good stock to buy?

The fair value guage provides a quick view whether EQR is over valued or under valued. Whether Equity Residential is cheap or expensive depends on the assumptions which impact Equity Residential's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EQR.

What is Equity Residential's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 12 2024, EQR's PE ratio (Price to Earnings) is 28.03 and Price to Sales (PS) ratio is 1.05 Thousand. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EQR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Equity Residential's stock?

In the past 10 years, Equity Residential has provided 0.051 (multiply by 100 for percentage) rate of return.