Zacks Research Has Negative Outlook for EQR FY2026 Earnings

Equity Residential (NYSE:EQR) – Investment analysts at Zacks Research decreased their FY2026 earnings per share estimates for shares of Equity Residential in a research note issued to investors on Wednesday, March 5th. Zacks Research analyst R. Department now expects that the real estate investment trust will earn $4.15 per share for the year, down from their prior estimate of $4.16. The consensus estimate for Equity Residential’s current full-year earnings is $3.98 per share. Zacks Research also issued estimates for Equity Residential’s FY2027 earnings at $4.37 EPS.

A number of other research firms have also commented on EQR. StockNews.com raised shares of Equity Residential from a “sell” rating to a “hold” rating in a research note on Saturday, February 8th. Barclays decreased their price target on Equity Residential from $83.00 to $79.00 and set an “overweight” rating for the company in a report on Friday, January 24th. Evercore ISI raised their target price on Equity Residential from $74.00 to $76.00 and gave the stock an “in-line” rating in a research note on Monday, February 10th. Stifel Nicolaus set a $82.25 price target on shares of Equity Residential in a research note on Tuesday, February 4th. Finally, Wells Fargo & Company decreased their target price on shares of Equity Residential from $77.00 to $75.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Eleven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, Equity Residential has an average rating of “Hold” and an average target price of $78.46.

Equity Residential Stock Performance

Shares of EQR stock opened at $71.91 on Thursday. The business’s 50-day moving average price is $70.73 and its 200-day moving average price is $72.93. Equity Residential has a 12 month low of $59.48 and a 12 month high of $78.83. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $27.30 billion, a price-to-earnings ratio of 26.44, a PEG ratio of 3.99 and a beta of 0.93.

Equity Residential Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, January 2nd were issued a $0.675 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $2.70 annualized dividend and a yield of 3.75%. Equity Residential’s payout ratio is 99.26%.

Insiders Place Their Bets

In other Equity Residential news, CAO Ian Kaufman sold 642 shares of the business’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $72.06, for a total transaction of $46,262.52. Following the completion of the sale, the chief accounting officer now directly owns 25,539 shares in the company, valued at approximately $1,840,340.34. The trade was a 2.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Scott Fenster sold 5,340 shares of the stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $72.06, for a total value of $384,800.40. Following the transaction, the executive vice president now directly owns 35,507 shares in the company, valued at $2,558,634.42. The trade was a 13.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 19,763 shares of company stock valued at $1,424,217. 1.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Equity Residential

Large investors have recently made changes to their positions in the company. Norges Bank purchased a new position in shares of Equity Residential in the fourth quarter worth approximately $2,493,426,000. State Street Corp raised its position in Equity Residential by 1.4% in the third quarter. State Street Corp now owns 23,922,127 shares of the real estate investment trust’s stock worth $1,796,976,000 after acquiring an additional 321,002 shares during the period. APG Asset Management US Inc. boosted its stake in shares of Equity Residential by 0.5% during the 4th quarter. APG Asset Management US Inc. now owns 11,664,576 shares of the real estate investment trust’s stock worth $837,050,000 after acquiring an additional 57,660 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Equity Residential by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 9,519,627 shares of the real estate investment trust’s stock valued at $681,594,000 after acquiring an additional 165,683 shares during the period. Finally, Principal Financial Group Inc. grew its position in shares of Equity Residential by 2.0% during the 4th quarter. Principal Financial Group Inc. now owns 7,897,863 shares of the real estate investment trust’s stock valued at $566,749,000 after acquiring an additional 152,248 shares during the period. 92.68% of the stock is currently owned by institutional investors.

About Equity Residential

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.