Equity Residential (NYSE:EQR) to Post FY2025 Earnings of $3.96 Per Share, Zacks Research Forecasts

Equity Residential (NYSE:EQR) – Research analysts at Zacks Research lifted their FY2025 earnings per share estimates for shares of Equity Residential in a report issued on Monday, October 7th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will earn $3.96 per share for the year, up from their previous estimate of $3.94. The consensus estimate for Equity Residential’s current full-year earnings is $3.89 per share. Zacks Research also issued estimates for Equity Residential’s Q4 2025 earnings at $1.02 EPS, Q1 2026 earnings at $1.02 EPS, Q3 2026 earnings at $1.05 EPS and FY2026 earnings at $4.18 EPS.

A number of other research firms have also weighed in on EQR. Piper Sandler upped their price objective on Equity Residential from $80.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft upgraded shares of Equity Residential from a “hold” rating to a “buy” rating and raised their price objective for the company from $62.00 to $83.00 in a report on Tuesday, September 10th. BNP Paribas assumed coverage on shares of Equity Residential in a research note on Wednesday, September 11th. They set an “outperform” rating and a $83.00 target price for the company. Scotiabank raised their price target on Equity Residential from $77.00 to $81.00 and gave the company a “sector perform” rating in a research note on Monday, September 16th. Finally, UBS Group upped their price objective on Equity Residential from $75.00 to $82.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Twelve research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $75.97.

Equity Residential Trading Down 0.0 %

Shares of Equity Residential stock opened at $72.87 on Wednesday. The stock has a 50 day moving average of $73.68 and a 200 day moving average of $68.58. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.21 and a current ratio of 0.21. The firm has a market capitalization of $27.66 billion, a price-to-earnings ratio of 30.22, a PEG ratio of 5.60 and a beta of 0.89. Equity Residential has a fifty-two week low of $52.57 and a fifty-two week high of $78.83.

Equity Residential (NYSE:EQR) last released its quarterly earnings data on Monday, July 29th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.49). Equity Residential had a net margin of 32.83% and a return on equity of 8.53%. The firm had revenue of $734.20 million during the quarter, compared to analysts’ expectations of $735.26 million. During the same period in the previous year, the firm posted $0.94 EPS. The firm’s quarterly revenue was up 2.4% on a year-over-year basis.

Equity Residential Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Tuesday, September 24th will be issued a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date is Tuesday, September 24th. Equity Residential’s dividend payout ratio (DPR) is currently 112.03%.

Hedge Funds Weigh In On Equity Residential

Institutional investors and hedge funds have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD increased its stake in Equity Residential by 1.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 20,267,675 shares of the real estate investment trust’s stock valued at $1,279,095,000 after purchasing an additional 381,236 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Equity Residential by 482.3% during the 2nd quarter. Principal Financial Group Inc. now owns 7,153,749 shares of the real estate investment trust’s stock worth $496,040,000 after buying an additional 5,925,177 shares during the last quarter. Canada Pension Plan Investment Board boosted its position in shares of Equity Residential by 1.2% in the 2nd quarter. Canada Pension Plan Investment Board now owns 5,001,360 shares of the real estate investment trust’s stock worth $346,794,000 after buying an additional 60,000 shares in the last quarter. Boston Partners grew its stake in Equity Residential by 4.3% in the 1st quarter. Boston Partners now owns 2,715,151 shares of the real estate investment trust’s stock valued at $171,368,000 after acquiring an additional 112,270 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in Equity Residential by 20.7% in the 2nd quarter. American Century Companies Inc. now owns 2,180,190 shares of the real estate investment trust’s stock valued at $151,174,000 after acquiring an additional 373,229 shares during the last quarter. 92.68% of the stock is owned by institutional investors and hedge funds.

Equity Residential Company Profile

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 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.