Equity Residential (NYSE:EQR) Issues FY 2025 Earnings Guidance

Equity Residential (NYSE:EQR) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 3.900-4.000 for the period, compared to the consensus earnings per share estimate of 4.020. The company issued revenue guidance of -. Equity Residential also updated its Q1 2025 guidance to 0.900-0.940 EPS.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Wells Fargo & Company lowered their price objective on 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. Barclays dropped their price target on Equity Residential from $83.00 to $79.00 and set an “overweight” rating on the stock in a research note on Friday, January 24th. Royal Bank of Canada decreased their price objective on shares of Equity Residential from $83.00 to $79.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Stifel Nicolaus raised shares of Equity Residential from a “hold” rating to a “buy” rating and boosted their target price for the stock from $77.75 to $81.50 in a research report on Wednesday, November 13th. Finally, Scotiabank decreased their price target on shares of Equity Residential from $81.00 to $78.00 and set a “sector perform” rating for the company in a report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, Equity Residential presently has an average rating of “Hold” and an average target price of $78.36.

Equity Residential Stock Performance

Shares of NYSE:EQR traded down $0.30 during trading on Monday, hitting $70.33. 2,592,118 shares of the stock traded hands, compared to its average volume of 1,739,418. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.76. The company has a fifty day moving average price of $71.49 and a two-hundred day moving average price of $72.70. Equity Residential has a 52-week low of $57.33 and a 52-week high of $78.83. The company has a market cap of $26.69 billion, a price-to-earnings ratio of 28.82, a P/E/G ratio of 4.35 and a beta of 0.93.

Equity Residential Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, January 2nd were paid a $0.675 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $2.70 annualized dividend and a dividend yield of 3.84%. Equity Residential’s dividend payout ratio is presently 110.66%.

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.