EQR Stock Overview
Equity Residential is committed to creating communities where people thrive. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
+ 1 more risk
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Equity Residential Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$71.56 |
| 52 Week High | US$78.84 |
| 52 Week Low | US$58.81 |
| Beta | 0.95 |
| 1 Month Change | 4.94% |
| 3 Month Change | -5.58% |
| 1 Year Change | 18.87% |
| 3 Year Change | -17.99% |
| 5 Year Change | -4.71% |
| Change since IPO | 399.98% |
Recent News & Updates
Recent updates
Equity Residential: Still Pricey After Decent Earnings
Feb 06Equity Residential: Prime Locations And Dividend Power Are The Recipe For Success
Jan 01Equity Residential: Price To AFFO And Dividend Yield Make Them A Hold
Sep 25Equity Residential: Good Quality But Pricey
Aug 24Equity Residential: It's Time To Be A 'Grave Dancer'
Jun 10Equity Residential: Management Hints At Attractive Entry Price For The Stock
May 02Equity Residential: Buy Into Fed's Rate Cuts
Mar 10Equity Residential: Further Improvement Necessary In West Coast Markets
Feb 06Equity Residential: Discounted Price Spells Opportunity
Jan 18Equity Residential: Lack Of Supply In Legacy Markets Should Buoy Rents
Dec 15Equity Residential: Low Yield, But Large Discount To NAV
Nov 13Equity Residential: Unlock Value In This Dividend Bargain
Sep 25Equity Residential: Positioned For A Double Total Return
Aug 02No Matter The Scenario, Equity Residential Is Strictly Better Than Treasuries
Jun 01Equity Residential Q4 2022 Earnings Preview
Feb 08Equity Residential Has Entered 'Buy' Territory
Jan 29Equity Residential declares $0.625 dividend
Dec 16Equity Residential: Declining Home Prices Will Create A Headwind To Rate Growth
Oct 28Equity Residential's Discounted Valuation Makes It An Attractive Buy
Oct 08Equity Residential declares $0.625 dividend
Sep 15Equity Residential sees 2022 revenue growth meeting, beating guidance midpoint
Aug 31Equity Residential: Inflation Protection And Shares Reasonably Valued
Aug 23Shareholder Returns
| EQR | US Residential REITs | US Market | |
|---|---|---|---|
| 7D | 0.5% | 0.8% | -2.2% |
| 1Y | 18.9% | 14.1% | 18.3% |
Return vs Industry: EQR exceeded the US Residential REITs industry which returned 14.1% over the past year.
Return vs Market: EQR matched the US Market which returned 18.3% over the past year.
Price Volatility
| EQR volatility | |
|---|---|
| EQR Average Weekly Movement | 3.0% |
| Residential REITs Industry Average Movement | 3.0% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 17.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: EQR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: EQR's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 2,500 | Mark Parrell | www.equityapartments.com |
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 311 properties consisting of 84,249 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.
Equity Residential Fundamentals Summary
| EQR fundamental statistics | |
|---|---|
| Market cap | US$28.02b |
| Earnings (TTM) | US$1.03b |
| Revenue (TTM) | US$2.98b |
26.3x
P/E Ratio9.1x
P/S RatioIs EQR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EQR income statement (TTM) | |
|---|---|
| Revenue | US$2.98b |
| Cost of Revenue | US$1.09b |
| Gross Profit | US$1.89b |
| Other Expenses | US$852.77m |
| Earnings | US$1.03b |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.72 |
| Gross Margin | 63.27% |
| Net Profit Margin | 34.66% |
| Debt/Equity Ratio | 70.1% |
How did EQR perform over the long term?
See historical performance and comparisonDividends
3.9%
Current Dividend Yield69%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 03:57 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Equity Residential is covered by 48 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Amanda Sweitzer | Baird |
| Richard Hightower | Barclays |