Equity Residential (NYSE:EQR) Price Target Raised to $64.00

Equity Residential (NYSE:EQRFree Report) had its price objective lifted by Cantor Fitzgerald from $61.00 to $64.00 in a research report released on Monday morning, Marketbeat reports. They currently have a neutral rating on the real estate investment trust’s stock.

Several other equities analysts also recently issued reports on the stock. Jefferies Financial Group dropped their price target on shares of Equity Residential from $68.00 to $65.00 and set a “hold” rating for the company in a research note on Tuesday, November 11th. Evercore cut their price target on Equity Residential from $70.00 to $68.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Scotiabank reduced their target price on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 4th. Barclays reissued an “overweight” rating and issued a $78.00 price target on shares of Equity Residential in a research report on Tuesday, January 13th. Finally, The Goldman Sachs Group boosted their price objective on Equity Residential from $63.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Seven analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $69.58.

Read Our Latest Stock Analysis on EQR

Equity Residential Stock Down 1.3%

EQR stock opened at $64.73 on Monday. The firm has a 50-day moving average price of $61.96 and a 200-day moving average price of $62.63. The stock has a market capitalization of $24.63 billion, a P/E ratio of 22.09, a price-to-earnings-growth ratio of 4.93 and a beta of 0.76. 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 0.31, a quick ratio of 0.45 and a debt-to-equity ratio of 0.73.

Equity Residential (NYSE:EQRGet Free Report) last issued its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.01). Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The company had revenue of $781.91 million during the quarter, compared to the consensus estimate of $786.35 million. During the same period in the previous year, the company earned $1.00 EPS. Equity Residential’s revenue for the quarter was up 2.0% on a year-over-year basis. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. As a group, equities research analysts anticipate that Equity Residential will post 3.98 EPS for the current fiscal year.

Equity Residential Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were issued a dividend of $0.6925 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $2.77 annualized dividend and a yield of 4.3%. Equity Residential’s dividend payout ratio is 94.54%.

Insider Activity at Equity Residential

In related news, EVP Robert Garechana sold 3,637 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $236,877.81. Following the completion of the transaction, the executive vice president directly owned 18,740 shares of the company’s stock, valued at approximately $1,220,536.20. This trade represents a 16.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Michael L. Manelis sold 5,765 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $375,474.45. Following the completion of the transaction, the chief operating officer directly owned 46,131 shares of the company’s stock, valued at $3,004,512.03. The trade was a 11.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 10,058 shares of company stock worth $655,078. 1.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Equity Residential

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Collier Financial purchased a new position in Equity Residential in the third quarter worth $26,000. CVA Family Office LLC increased its position in shares of Equity Residential by 425.3% in the second quarter. CVA Family Office LLC now owns 415 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 336 shares during the period. Fulcrum Asset Management LLP bought a new position in Equity Residential during the 3rd quarter valued at approximately $27,000. Rosenberg Matthew Hamilton raised its holdings in shares of Equity Residential by 69.2% during the fourth quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 180 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new position in Equity Residential in the 3rd quarter worth $31,000. 92.68% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Equity Residential

Here are the key news stories impacting Equity Residential this week:

  • Positive Sentiment: Evercore ISI upgraded/issued a bullish forecast for EQR, projecting strong price appreciation based on the firm’s outlook for fundamentals and valuation — this supports upside sentiment. Evercore ISI Forecast
  • Positive Sentiment: Cantor Fitzgerald also published a positive price-appreciation forecast for EQR, adding analyst-level support that can attract buyers and counterbalance near-term selling pressure. Cantor Fitzgerald Forecast
  • Positive Sentiment: A recent report describes EQR benefiting from AI and automation gains in 2025, which could improve operating efficiency and margins over time — a constructive operational datapoint for longer-term investors. AI & Automation Article
  • Negative Sentiment: Significant insider selling was reported on Feb. 10–11: multiple senior executives sold shares at an average price near $65.13. A TipRanks roundup highlights the coordinated activity, which can signal lack of insider confidence or simply portfolio/vesting-related sales and has likely pressured the stock today. TipRanks Insider Article
  • Negative Sentiment: SEC Form 4 filings show material sales by executives: EVP Robert Garechana (3,637 shares), COO Michael L. Manelis (5,765 shares) and EVP Catherine Carraway (656 shares). Each sale reduced their holdings (16.25%, 11.11%, 3.45% respectively), providing detailed confirmation of the insider offloads. Garechana Form 4 Manelis Form 4 Carraway Form 4

Equity Residential Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Equity Residential (NYSE:EQR)

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