EQR Stock Overview
Equity Residential is committed to creating communities where people thrive. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
+ 1 more risk
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Equity Residential Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$73.92 |
| 52 Week High | US$78.84 |
| 52 Week Low | US$56.05 |
| Beta | 0.91 |
| 11 Month Change | -0.32% |
| 3 Month Change | 1.83% |
| 1 Year Change | 30.86% |
| 33 Year Change | -15.83% |
| 5 Year Change | -13.68% |
| Change since IPO | 416.47% |
Recent News & Updates
Recent updates
Equity 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 23Equity Residential FFO of $0.89 beats by $0.03, revenue of $687.03M beats by $14.05M
Jul 26Equity Residential: 3.6% Yield, 29% Upside, Almost Recovered From COVID
Jun 16Shareholder Returns
| EQR | US Residential REITs | US Market | |
|---|---|---|---|
| 7D | -1.0% | -1.5% | -1.0% |
| 1Y | 30.9% | 21.8% | 30.3% |
Return vs Industry: EQR exceeded the US Residential REITs industry which returned 23.2% over the past year.
Return vs Market: EQR matched the US Market which returned 30.4% over the past year.
Price Volatility
| EQR volatility | |
|---|---|
| EQR Average Weekly Movement | 2.9% |
| Residential REITs Industry Average Movement | 2.9% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.7% |
| 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 | 2,400 | 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 299 properties consisting of 79,738 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$29.12b |
| Earnings (TTM) | US$924.93m |
| Revenue (TTM) | US$2.94b |
30.3x
P/E Ratio9.5x
P/S RatioIs EQR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EQR income statement (TTM) | |
|---|---|
| Revenue | US$2.94b |
| Cost of Revenue | US$1.07b |
| Gross Profit | US$1.87b |
| Other Expenses | US$946.58m |
| Earnings | US$924.93m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.44 |
| Gross Margin | 63.64% |
| Net Profit Margin | 31.45% |
| Debt/Equity Ratio | 73.3% |
How did EQR perform over the long term?
See historical performance and comparison