Equity Residential (NYSE:EQR) Price Target Lowered to $75.00 at Barclays

Equity Residential (NYSE:EQR) had its price objective trimmed by Barclays from $78.00 to $75.00 in a research report report published on Friday morning,Benzinga reports. The firm currently has an overweight rating on the real estate investment trust’s stock.

EQR has been the subject of a number of other research reports. UBS Group boosted their price objective on shares of Equity Residential from $68.00 to $71.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. BNP Paribas Exane increased their target price on Equity Residential from $66.00 to $68.00 and gave the company a “neutral” rating in a research report on Tuesday. Wells Fargo & Company reduced their price target on Equity Residential from $68.00 to $62.00 and set an “equal weight” rating for the company in a research report on Monday, November 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equity Residential in a research report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft lowered Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 target price on the stock. in a research note on Tuesday, January 20th. Six analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat.com, Equity Residential presently has a consensus rating of “Hold” and a consensus price target of $69.63.

Equity Residential Stock Down 0.5%

Shares of Equity Residential stock traded down $0.33 during trading on Friday, hitting $62.78. 1,864,282 shares of the stock traded hands, compared to its average volume of 2,918,498. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73. The stock’s fifty day simple moving average is $62.55 and its 200 day simple moving average is $62.57. The firm has a market cap of $23.70 billion, a P/E ratio of 21.43, a price-to-earnings-growth ratio of 4.75 and a beta of 0.75. Equity Residential has a 52-week low of $58.38 and a 52-week high of $73.14.

Equity Residential (NYSE:EQR) last released its quarterly earnings data 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 9.98% and a net margin of 36.20%.The business had revenue of $781.91 million during the quarter, compared to analysts’ expectations of $786.35 million. During the same period last year, the company earned $1.00 earnings per share. The firm’s revenue was up 2.0% compared to the same quarter last year. 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. On average, equities analysts predict that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a $0.6925 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.4%. Equity Residential’s dividend payout ratio (DPR) is presently 94.54%.

Insider Buying and Selling

In related news, COO Michael L. Manelis sold 5,765 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $375,474.45. Following the transaction, the chief operating officer directly owned 46,131 shares of the company’s stock, valued at $3,004,512.03. This represents a 11.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Catherine Carraway sold 656 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $42,725.28. Following the completion of the sale, the executive vice president owned 18,339 shares of the company’s stock, valued at approximately $1,194,419.07. This trade represents a 3.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 10,058 shares of company stock worth $655,078 in the last ninety days. 1.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Equity Residential

Several hedge funds and other institutional investors have recently modified their holdings of EQR. Insigneo Advisory Services LLC grew its position in Equity Residential by 4.9% during the 4th quarter. Insigneo Advisory Services LLC now owns 3,543 shares of the real estate investment trust’s stock worth $223,000 after purchasing an additional 165 shares during the last quarter. Rosenberg Matthew Hamilton lifted its stake 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 worth $28,000 after buying an additional 180 shares during the period. Rothschild Investment LLC grew its holdings in shares of Equity Residential by 6.8% during the second quarter. Rothschild Investment LLC now owns 2,841 shares of the real estate investment trust’s stock valued at $192,000 after buying an additional 182 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Equity Residential by 0.4% during the second quarter. Cetera Investment Advisers now owns 48,030 shares of the real estate investment trust’s stock valued at $3,242,000 after buying an additional 183 shares during the last quarter. Finally, CX Institutional increased its position in shares of Equity Residential by 6.1% in the 3rd quarter. CX Institutional now owns 3,274 shares of the real estate investment trust’s stock valued at $212,000 after acquiring an additional 189 shares during the period. 92.68% of the stock is owned by hedge funds and other institutional investors.

Equity Residential Company Profile

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.