Equity Residential
About: Equity Residential owns a portfolio of 311 apartment communities with around 84,000 units and is developing two additional properties with 655 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
Employees: 2,500
0
Funds holding %
of 7,390 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
85% more call options, than puts
Call options by funds: $45.9M | Put options by funds: $24.8M
27% more funds holding in top 10
Funds holding in top 10: 11 [Q3] → 14 (+3) [Q4]
18% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 67
11% more repeat investments, than reductions
Existing positions increased: 253 | Existing positions reduced: 227
9.34% more ownership
Funds ownership: 84.16% [Q3] → 93.5% (+9.34%) [Q4]
7% more capital invested
Capital invested by funds: $23.8B [Q3] → $25.4B (+$1.69B) [Q4]
0% less funds holding
Funds holding: 666 [Q3] → 665 (-1) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$74
4%
upside
Avg. target
$77
8%
upside
High target
$79
11%
upside
6 analyst ratings
2 positive
33%
4 neutral
67%
0 negative
0%
Truist Securities Michael Lewis 63% 1-year accuracy 22 / 35 met price target | 9%upside $78 | Buy Maintained | 10 Mar 2025 |
Scotiabank Nicholas Yulico 45% 1-year accuracy 18 / 40 met price target | 11%upside $79 | Sector Perform Maintained | 14 Feb 2025 |
Evercore ISI Group Steve Sakwa 47% 1-year accuracy 23 / 49 met price target | 7%upside $76 | In-Line Maintained | 10 Feb 2025 |
Wells Fargo James Feldman 68% 1-year accuracy 13 / 19 met price target | 5%upside $75 | Equal-Weight Maintained | 24 Jan 2025 |
Barclays Richard Hightower 52% 1-year accuracy 11 / 21 met price target | 11%upside $79 | Overweight Maintained | 24 Jan 2025 |
Financial journalist opinion
Based on 8 articles about EQR published over the past 30 days
Positive
Seeking Alpha
15 hours ago
State Of REITs: The 'Dark Age' Is Over
While the S&P 500 and other major benchmarks entered "correction territory" this month for the first time since 2023, U.S. REITs have meaningfully outperformed the broader equity market since mid-January. The rebound follows a truly forgettable three-year period for REITs dating back to the start of the Fed's rate hiking cycle in which REITs have accumulated 40 percentage-points of underperformance. REITs remain as unloved as ever: The number of publicly listed REITs declined for a fourth-straight year in 2024. As an asset class, REITs are the single-largest "underweight" among institutional investors.
Positive
Seeking Alpha
1 day ago
21 Upcoming Dividend Increases To Finish Q1
The lists were created using the U.S. Dividend Champions spreadsheet and NASDAQ data, ensuring companies have at least five years of dividend growth. My investment strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperformance relevant to certain benchmarks. Top-performing stocks include MPWR, STLD, and JPM. Top REITs include CTR, FR, and REXR for their impressive returns and dividend growth rates.
Neutral
Seeking Alpha
4 days ago
Certainly Uncertain
US equity markets posted modest gains this week - snapping a four-week losing streak - as investors parsed commentary and updated forecasts from the Federal Reserve's policy meeting. Ahead of the looming April 2nd unveiling of reciprocal tariffs, investors were relieved by FOMC projections showing that 11-of-19 policy markets still expect at least two rate cuts this year. Disappointing retail sales data indicated that economic uncertainty is beginning to affect real-world consumer behavior. Housing market data was relatively solid, however, sparking an upward revision to the GDPNow forecast.
Positive
Zacks Investment Research
6 days ago
Equity Residential Hikes Dividend by 2.6%: What You Should Know
EQR's solid fundamentals and strong cash position make it promising enough to utilize growth opportunities and reward shareholders accordingly.
Neutral
Business Wire
1 week ago
Equity Residential Declares First Quarter Dividends
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that its Board of Trustees declared quarterly dividends on the Company's common and preferred shares. A regular common share dividend for the first quarter of $0.6925 per share will be paid on April 17, 2025 to shareholders of record on March 31, 2025. The annualized dividend of $2.77 per share is a 2.6% increase over the Company's 2024 common share dividend. "Our commitment to delivering long-term value to our shareholder.
Negative
Seeking Alpha
1 week ago
Fed Looms As Sentiment Dims
US equity markets remained under pressure this week as encouraging inflation data and a deal to avoid a government shutdown were offset by further tariff escalations and weak sentiment data. Markets struggled to agree on how the FOMC will interpret the latest economic data, with recent "hard data" showing encouraging trends while "softer" survey data has painted a far-bleaker outlook. Following its worst week in six months, the S&P 500 finished lower by another 2.3% this week - its fourth-straight week of declines - which dragged the index into "correction territory."
Negative
Seeking Alpha
2 weeks ago
Losers Of REIT Earnings Season
In Part 3 of our Earnings Recap, we present a sector-by-sector breakdown of the Losers of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Commercial Mortgage REITs were the "biggest loser" of REIT earnings season after results showed ongoing problems in the office space and a significant deterioration in multifamily bridge loan performance. Results from Hotel REITs were also disappointing given the record-levels of travel demand, as margin pressures from higher labor costs have taken a sizable bite out of bottom-line profitability.
Negative
Seeking Alpha
2 weeks ago
Tariff Turbulence
US equity markets tumbled this week - suffering its worst week in six months - as disappointing employment reports and fast-shifting tariff policy failed to improve skittish investor sentiment. Reminiscent of Fed Chair Powell's infamous August 2022 "some pain ahead" speech, the Trump Administration warned of a "little disturbance" and a necessary "detox period" for the U.S. economy. Softer-than-expected employment data this week fueled doubts that sweeping overhauls to trade policy and fiscal spending can be accomplished without risking a recession.
Neutral
Business Wire
1 month ago
Equity Residential Announces 2025 Investor Day
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) will hold an Investor Day on Tuesday, February 25, 2025 with presentations given by members of the Company's management team. The presentations will focus on the Company's: - Portfolio optimization strategy and the positive trends driving multifamily demand and supply in Equity Residential's markets; - Best in class operating platform and focus on innovation; and - Well positioned balance sheet to support growth. A link to the live audio.
Neutral
Seeking Alpha
1 month ago
Inflation Isn't Dead Yet
US equity markets flirted with fresh record-highs this week while benchmark interest rates hovered around two-month lows as investors weighed positive earnings news against uncomfortable hot inflation data. Complicating the policy outlook for the Federal Reserve, CPI data showed the fastest monthly rise in consumer prices since August, prompting a pledge from Powell for "more work to do." Snapping a two-week losing streak, the S&P 500 rebounded by 1.5%, closing fractionally below its prior record-high set in late January. The tech-heavy Nasdaq 100 rallied nearly 3%.
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