Equity Residential (NYSE:EQR) Releases Q1 2026 Earnings Guidance

Equity Residential (NYSE:EQR) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.940-0.980 for the period, compared to the consensus earnings per share estimate of 0.590. The company issued revenue guidance of -.

Analyst Ratings Changes

Several research firms have recently issued reports on EQR. Piper Sandler set a $78.00 price objective on Equity Residential in a research note on Tuesday, January 27th. Truist Financial reduced their price objective on shares of Equity Residential from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Monday, November 17th. Stifel Nicolaus set a $79.75 target price on Equity Residential in a research report on Wednesday, October 29th. Jefferies Financial Group decreased their price target on Equity Residential from $68.00 to $65.00 and set a “hold” rating for the company in a research note on Tuesday, November 11th. Finally, Scotiabank lowered their price objective on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a research report on Tuesday, November 4th. Seven analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $70.01.

Equity Residential Trading Down 2.0%

EQR stock traded down $1.29 during mid-day trading on Thursday, reaching $61.79. The company’s stock had a trading volume of 3,360,274 shares, compared to its average volume of 2,497,282. Equity Residential has a 12 month low of $58.38 and a 12 month high of $75.86. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.75. The business’s 50 day moving average price is $61.72 and its 200 day moving average price is $62.76. The company has a market cap of $23.51 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 4.20 and a beta of 0.76.

Equity Residential (NYSE:EQR) last posted its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). Equity Residential had a return on equity of 10.30% and a net margin of 37.58%.Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS. On average, equities research analysts predict that Equity Residential will post 3.98 EPS for the current year.

Equity Residential Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were paid a $0.6925 dividend. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, January 2nd. Equity Residential’s payout ratio is presently 91.42%.

Institutional Investors Weigh In On Equity Residential

Large investors have recently modified their holdings of the stock. Fulcrum Asset Management LLP purchased a new position in shares of Equity Residential during the 3rd quarter valued at $27,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Equity Residential during the 3rd quarter valued at about $31,000. MUFG Securities EMEA plc bought a new position in shares of Equity Residential in the second quarter worth approximately $68,000. Brown Brothers Harriman & Co. increased its position in shares of Equity Residential by 25.6% in the third quarter. Brown Brothers Harriman & Co. now owns 1,235 shares of the real estate investment trust’s stock worth $80,000 after purchasing an additional 252 shares during the last quarter. Finally, Federated Hermes Inc. bought a new stake in Equity Residential during the second quarter valued at approximately $100,000. Hedge funds and other institutional investors own 92.68% of the company’s stock.

About Equity Residential

Equity Residential (NYSE: EQR) is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company’s core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.