Equity Residential (EQR)

$63.38

-1.26

(-1.95%)

Market is closed - opens 7 PM, 30 May 2024

Insights on Equity Residential

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 736.47M → 721.60M (in $), with an average decrease of 2.0% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 311.69M → 295.78M (in $), with an average decrease of 5.1% per quarter

  • Vs ESS

    In the last 1 year, Essex Property Trust Inc. has given 17.9% return, outperforming this stock by 12.3%

  • Vs INVH

    In the last 3 years, Equity Residential has experienced a drawdown of -18.2%, however Invitation Homes Inc. resisted the overall trend and outperformed by 3.8%

Performance

  • $62.25
    $63.47
    $63.38
    downward going graph

    1.79%

    Downside

    Day's Volatility :1.93%

    Upside

    0.14%

    downward going graph
  • $51.46
    $68.55
    $63.38
    downward going graph

    18.81%

    Downside

    52 Weeks Volatility :24.93%

    Upside

    7.54%

    downward going graph

Returns

PeriodEquity ResidentialSector (Real Estate)S&P500
3 Months
5.26%
-6.0%
3.3%
6 Months
11.51%
-1.2%
15.3%
1 Year
5.6%
2.7%
25.2%
3 Years
-19.99%
-15.0%
25.3%

Highlights

Market Capitalization
24.0B
Book Value
$29.16
Dividend Share
2.663
Dividend Yield
4.26%
Earnings Per Share (EPS)
2.34
PE Ratio
27.09
PEG Ratio
6.35
Wall Street Target Price
68.0
Profit Margin
31.7%
Operating Margin TTM
28.79%
Return On Assets TTM
2.79%
Return On Equity TTM
8.2%
Revenue TTM
2.9B
Revenue Per Share TTM
7.65
Quarterly Revenue Growth YOY
3.5999999999999996%
Gross Profit TTM
1.8B
EBITDA
1.8B
Diluted Eps TTM
2.34
Quarterly Earnings Growth YOY
0.38
EPS Estimate Current Year
1.91
EPS Estimate Next Year
1.67
EPS Estimate Current Quarter
0.33
EPS Estimate Next Quarter
0.39

Analyst Recommendation

Hold
    39%Buy
    60%Hold
    0
    0%Sell
Based on 28 Wall street analysts offering stock ratings for Equity Residential(by analysts ranked 0 to 5 stars)
Based on 28 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
11
11
10
Hold
17
18
17
Sell
00
00
1

Analyst Forecast

What analysts predicted

Upside of 7.29%

Current $63.38
Target $68.00

Company Financials

FY18Y/Y Change
Revenue
2.6B
↑ 4.33%
Net Income
657.5M
↑ 8.96%
Net Profit Margin
25.5%
↑ 1.08%
FY19Y/Y Change
Revenue
2.7B
↑ 4.76%
Net Income
970.4M
↑ 47.58%
Net Profit Margin
35.93%
↑ 10.43%
FY20Y/Y Change
Revenue
2.6B
↓ 4.79%
Net Income
913.6M
↓ 5.85%
Net Profit Margin
35.53%
↓ 0.4%
FY21Y/Y Change
Revenue
2.5B
↓ 4.19%
Net Income
1.3B
↑ 45.88%
Net Profit Margin
54.09%
↑ 18.56%
FY22Y/Y Change
Revenue
2.7B
↑ 11.01%
Net Income
776.9M
↓ 41.71%
Net Profit Margin
28.4%
↓ 25.69%
FY23Y/Y Change
Revenue
2.9B
↑ 5.07%
Net Income
835.4M
↑ 7.53%
Net Profit Margin
29.07%
↑ 0.67%
Q4 FY22Q/Q Change
Revenue
699.7M
↑ 0.66%
Net Income
159.0M
↓ 50.77%
Net Profit Margin
22.73%
↓ 23.74%
Q1 FY23Q/Q Change
Revenue
705.1M
↑ 0.77%
Net Income
212.0M
↑ 33.34%
Net Profit Margin
30.07%
↑ 7.34%
Q2 FY23Q/Q Change
Revenue
717.3M
↑ 1.73%
Net Income
139.2M
↓ 34.35%
Net Profit Margin
19.41%
↓ 10.66%
Q3 FY23Q/Q Change
Revenue
724.1M
↑ 0.94%
Net Income
172.5M
↑ 23.93%
Net Profit Margin
23.82%
↑ 4.41%
Q4 FY23Q/Q Change
Revenue
736.5M
↑ 1.71%
Net Income
311.7M
↑ 80.68%
Net Profit Margin
42.32%
↑ 18.5%
Q1 FY24Q/Q Change
Revenue
721.6M
↓ 2.02%
Net Income
295.8M
↓ 5.1%
Net Profit Margin
40.99%
↓ 1.33%
FY18Y/Y Change
Total Assets
20.4B
↓ 0.86%
Total Liabilities
9.6B
↓ 1.18%
FY19Y/Y Change
Total Assets
21.2B
↑ 3.82%
Total Liabilities
10.2B
↑ 5.71%
FY20Y/Y Change
Total Assets
20.3B
↓ 4.18%
Total Liabilities
9.2B
↓ 9.64%
FY21Y/Y Change
Total Assets
21.2B
↑ 4.35%
Total Liabilities
9.5B
↑ 3.25%
FY22Y/Y Change
Total Assets
20.2B
↓ 4.49%
Total Liabilities
8.5B
↓ 10.18%
FY23Y/Y Change
Total Assets
20.0B
↓ 0.91%
Total Liabilities
8.5B
↓ 0.72%
Q4 FY22Q/Q Change
Total Assets
20.2B
↓ 0.23%
Total Liabilities
8.5B
↓ 1.34%
Q1 FY23Q/Q Change
Total Assets
20.1B
↓ 0.57%
Total Liabilities
8.4B
↓ 1.0%
Q2 FY23Q/Q Change
Total Assets
20.1B
↑ 0.21%
Total Liabilities
8.6B
↑ 1.56%
Q3 FY23Q/Q Change
Total Assets
20.1B
↓ 0.18%
Total Liabilities
8.6B
↑ 0.02%
Q4 FY23Q/Q Change
Total Assets
20.0B
↓ 0.37%
Total Liabilities
8.5B
↓ 1.27%
Q1 FY24Q/Q Change
Total Assets
19.9B
↓ 0.7%
Total Liabilities
8.3B
↓ 1.58%
FY18Y/Y Change
Operating Cash Flow
1.4B
↑ 7.15%
Investing Cash Flow
-376.8M
↓ 36.59%
Financing Cash Flow
-963.9M
↑ 22.04%
FY19Y/Y Change
Operating Cash Flow
1.5B
↑ 7.42%
Investing Cash Flow
-771.8M
↑ 104.82%
Financing Cash Flow
-684.5M
↓ 28.99%
FY20Y/Y Change
Operating Cash Flow
1.3B
↓ 13.14%
Investing Cash Flow
663.6M
↓ 185.98%
Financing Cash Flow
-1.9B
↑ 184.36%
FY21Y/Y Change
Operating Cash Flow
1.3B
↓ 0.42%
Investing Cash Flow
-434.6M
↓ 165.5%
Financing Cash Flow
-565.1M
↓ 70.97%
FY22Y/Y Change
Operating Cash Flow
1.5B
↑ 15.44%
Investing Cash Flow
107.8M
↓ 124.8%
Financing Cash Flow
-1.8B
↑ 216.01%
Q4 FY22Q/Q Change
Operating Cash Flow
334.5M
↓ 22.09%
Investing Cash Flow
-135.5M
↓ 146.95%
Financing Cash Flow
-183.3M
↓ 74.37%
Q1 FY23Q/Q Change
Operating Cash Flow
393.3M
↑ 17.56%
Investing Cash Flow
43.7M
↓ 132.26%
Financing Cash Flow
-355.1M
↑ 93.74%
Q2 FY23Q/Q Change
Operating Cash Flow
352.7M
↓ 10.32%
Investing Cash Flow
-271.3M
↓ 720.45%
Financing Cash Flow
-132.1M
↓ 62.79%
Q3 FY23Q/Q Change
Operating Cash Flow
442.5M
↑ 25.47%
Investing Cash Flow
-197.1M
↓ 27.35%
Financing Cash Flow
-243.4M
↑ 84.18%

Technicals Summary

Sell

Neutral

Buy

Equity Residential is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Equity Residential
Equity Residential
-1.58%
11.51%
5.6%
-19.99%
-16.41%
Essex Property Trust Inc.
Essex Property Trust Inc.
2.7%
18.48%
17.9%
-16.24%
-11.4%
Invitation Homes Inc.
Invitation Homes Inc.
-1.23%
1.26%
0.57%
-7.6%
32.89%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
-0.52%
9.05%
9.18%
-10.49%
-6.36%
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
-0.94%
3.45%
-12.47%
-20.95%
13.62%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Equity Residential
Equity Residential
27.09
27.09
6.35
1.91
0.08
0.03
0.04
29.16
Essex Property Trust Inc.
Essex Property Trust Inc.
31.64
31.64
7.76
7.6
0.1
0.03
0.04
86.41
Invitation Homes Inc.
Invitation Homes Inc.
38.66
38.66
19.43
0.77
0.05
0.02
0.03
16.55
Avalonbay Communities Inc.
Avalonbay Communities Inc.
29.0
29.0
5.03
4.94
0.08
0.03
0.03
82.5
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
27.9
27.9
10.19
4.26
0.09
0.04
0.04
52.02
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Equity Residential
Equity Residential
Hold
$24.0B
-16.41%
27.09
31.7%
Essex Property Trust Inc.
Essex Property Trust Inc.
Hold
$17.0B
-11.4%
31.64
30.96%
Invitation Homes Inc.
Invitation Homes Inc.
Buy
$20.6B
32.89%
38.66
21.93%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
Hold
$27.3B
-6.36%
29.0
33.81%
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
Hold
$15.6B
13.62%
27.9
25.92%

Institutional Holdings

  • Vanguard Group Inc

    15.04%
  • BlackRock Inc

    10.96%
  • NORGES BANK

    9.25%
  • State Street Corporation

    6.64%
  • T. Rowe Price Associates, Inc.

    5.35%
  • Apg Investments Us Inc

    3.06%

Corporate Announcements

  • Equity Residential Dividends March,2023

    In the quarter ending March,2023. Equity Residential has declared dividend of $0.66

    Read More

Company Information

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 high quality long-term renters. equity residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in boston, new york, washington, d.c., seattle, san francisco, southern california and denver.

Organization
Equity Residential
Employees
2400
CEO
Mr. Mark J. Parrell
Industry
Finance

FAQs