Equity Residential (NYSE:EQR) Price Target Raised to $69.00

Equity Residential (NYSE:EQR) had its price target lifted by Evercore ISI from $68.00 to $69.00 in a research note issued to investors on Monday,MarketScreener reports. The brokerage currently has an outperform rating on the real estate investment trust’s stock.

A number of other research firms also recently commented on EQR. Wells Fargo & Company decreased their price target on Equity Residential from $68.00 to $62.00 and set an “equal weight” rating for the company in a research note on Monday, November 10th. Stifel Nicolaus set a $78.50 target price on Equity Residential in a report on Friday, February 6th. Scotiabank lowered their price target on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a report on Tuesday, November 4th. Wall Street Zen raised Equity Residential from a “sell” rating to a “hold” rating in a research report on Monday, November 3rd. Finally, Cantor Fitzgerald raised their price objective on Equity Residential from $61.00 to $64.00 and gave the stock a “neutral” rating in a research note on Monday. Seven equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Equity Residential currently has a consensus rating of “Hold” and a consensus price target of $69.58.

Equity Residential Stock Down 1.3%

EQR stock opened at $64.73 on Monday. The company has a current ratio of 0.31, a quick ratio of 0.45 and a debt-to-equity ratio of 0.73. The firm has a 50 day simple moving average of $61.96 and a 200-day simple moving average of $62.63. The company has a market capitalization of $24.63 billion, a P/E ratio of 22.09, a PEG ratio of 4.93 and a beta of 0.76. Equity Residential has a twelve month low of $58.38 and a twelve month high of $75.86.

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 (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.01). The company had revenue of $781.91 million during the quarter, compared to analyst estimates of $786.35 million. Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The company’s revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.00 earnings per share. 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 research analysts predict that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders 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 dividend yield of 4.3%. Equity Residential’s payout ratio is 94.54%.

Insider Buying and Selling

In related news, EVP Robert Garechana sold 3,637 shares of Equity Residential stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $236,877.81. Following the sale, the executive vice president directly owned 18,740 shares in the company, valued at $1,220,536.20. This trade represents a 16.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Catherine Carraway sold 656 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 $42,725.28. Following the completion of the transaction, 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 position. The SEC filing for this sale provides additional information. Insiders have sold a total of 10,058 shares of company stock valued at $655,078 in the last quarter. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Rosenberg Matthew Hamilton raised 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 valued at $28,000 after purchasing an additional 180 shares in the last quarter. Rothschild Investment LLC increased its stake in Equity Residential by 6.8% during the 2nd 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 period. Cetera Investment Advisers raised its position in shares of Equity Residential by 0.4% during the 2nd quarter. Cetera Investment Advisers now owns 48,030 shares of the real estate investment trust’s stock worth $3,242,000 after buying an additional 183 shares in the last quarter. CX Institutional lifted its stake 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 worth $212,000 after acquiring an additional 189 shares during the period. Finally, Summitry LLC lifted its stake in shares of Equity Residential by 6.3% in the 3rd quarter. Summitry LLC now owns 3,193 shares of the real estate investment trust’s stock worth $207,000 after acquiring an additional 189 shares during the period. Institutional investors own 92.68% of the company’s stock.

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

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.