Equity Residential (NYSE:EQR) EVP Sells $42,725.28 in Stock

Equity Residential (NYSE:EQR) EVP Catherine Carraway sold 656 shares of the stock in a transaction on Tuesday, February 10th. The stock was 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 in the company, valued at $1,194,419.07. This trade represents a 3.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Equity Residential Price Performance

NYSE:EQR opened at $63.82 on Friday. Equity Residential has a 52-week low of $58.38 and a 52-week high of $75.86. The stock has a fifty day moving average of $62.04 and a 200 day moving average of $62.62. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.45 and a current ratio of 0.31. The firm has a market capitalization of $24.28 billion, a price-to-earnings ratio of 21.78, a P/E/G ratio of 4.74 and a beta of 0.76.

Equity Residential (NYSE:EQR) last released its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share 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 business had revenue of $781.91 million during the quarter, compared to analysts’ expectations of $786.35 million. During the same period in the previous year, the business earned $1.00 EPS. The business’s revenue 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. On average, research analysts expect that Equity Residential will post 3.98 EPS for the current fiscal year.

Equity Residential Announces Dividend

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

Wall Street Analyst Weigh In

EQR has been the topic of several research reports. BMO Capital Markets cut shares of Equity Residential from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $70.00 to $68.00 in a research report on Friday, January 9th. Jefferies Financial Group lowered their price target on Equity Residential from $68.00 to $65.00 and set a “hold” rating on the stock in a research report on Tuesday, November 11th. Evercore ISI upped their price objective on Equity Residential from $68.00 to $69.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Cantor Fitzgerald raised their price objective on Equity Residential from $61.00 to $64.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Finally, Morgan Stanley dropped their target price on Equity Residential from $75.00 to $73.50 and set an “equal weight” rating for the company in a research report on Thursday, November 13th. 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 an average rating of “Hold” and an average target price of $69.68.

Hedge Funds Weigh In On Equity Residential

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Collier Financial purchased a new stake in shares of Equity Residential during the third quarter valued at approximately $26,000. CVA Family Office LLC boosted its position in Equity Residential by 425.3% during the 2nd quarter. CVA Family Office LLC now owns 415 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 336 shares during the period. Fulcrum Asset Management LLP bought a new stake in Equity Residential in the 3rd quarter worth $27,000. Rosenberg Matthew Hamilton grew its holdings in Equity Residential by 69.2% in the 4th quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 180 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd purchased a new position in shares of Equity Residential in the third quarter valued at about $31,000. 92.68% of the stock is currently owned by institutional investors.

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.