Equity Residential (NYSE:EQR) Price Target Cut to $75.00 by Analysts at Barclays

Equity Residential (NYSE:EQR) had its price objective cut by equities researchers at Barclays from $78.00 to $75.00 in a report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the real estate investment trust’s stock. Barclays‘s target price suggests a potential upside of 21.14% from the stock’s current price.

Other analysts have also recently issued reports about the company. Jefferies Financial Group lowered their price target on Equity Residential from $68.00 to $65.00 and set a “hold” rating for the company in a research note on Tuesday, November 11th. Wells Fargo & Company decreased their price objective on shares of Equity Residential from $68.00 to $62.00 and set an “equal weight” rating for the company in a report on Monday, November 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Equity Residential in a report on Thursday, January 22nd. JPMorgan Chase & Co. reduced their price target on shares of Equity Residential from $75.00 to $71.00 and set a “neutral” rating on the stock in a research report on Thursday, December 4th. Finally, Scotiabank boosted their price target on shares of Equity Residential from $66.00 to $67.00 and gave the company a “sector perform” rating in a report on Wednesday. Six analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat, Equity Residential currently has a consensus rating of “Hold” and a consensus target price of $69.58.

Equity Residential Trading Down 1.9%

Shares of EQR stock traded down $1.20 during trading hours on Friday, reaching $61.91. The company had a trading volume of 101,253 shares, compared to its average volume of 2,690,170. Equity Residential has a 1-year low of $58.38 and a 1-year high of $73.14. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.31 and a quick ratio of 0.31. The firm has a market cap of $23.37 billion, a price-to-earnings ratio of 21.13, a P/E/G ratio of 4.72 and a beta of 0.75. The company has a 50 day moving average of $62.56 and a 200 day moving average of $62.57.

Equity Residential (NYSE:EQR) last announced its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 EPS 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 company had revenue of $781.91 million for the quarter, compared to analyst estimates of $786.35 million. During the same period last year, the firm earned $1.00 earnings per share. The firm’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. On average, equities research analysts anticipate that Equity Residential will post 3.98 EPS for the current year.

Insider Transactions at Equity Residential

In other news, EVP Robert Garechana sold 3,637 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $236,877.81. Following the sale, the executive vice president owned 18,740 shares in the company, valued at $1,220,536.20. This represents a 16.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, COO Michael L. Manelis sold 5,765 shares of the 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 $375,474.45. Following the completion of the sale, the chief operating officer directly owned 46,131 shares of the company’s stock, valued at approximately $3,004,512.03. The trade was a 11.11% 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 over the last 90 days. 1.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Equity Residential

A number of institutional investors have recently bought and sold shares of the business. Insigneo Advisory Services LLC raised its stake in Equity Residential by 4.9% in the fourth quarter. Insigneo Advisory Services LLC now owns 3,543 shares of the real estate investment trust’s stock valued at $223,000 after buying an additional 165 shares during the period. Rosenberg Matthew Hamilton increased its holdings in shares of Equity Residential by 69.2% during 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. Rothschild Investment LLC raised its stake in Equity Residential by 6.8% in the 2nd quarter. Rothschild Investment LLC now owns 2,841 shares of the real estate investment trust’s stock valued at $192,000 after acquiring an additional 182 shares during the period. Cetera Investment Advisers raised its stake in Equity Residential by 0.4% in the 2nd quarter. Cetera Investment Advisers now owns 48,030 shares of the real estate investment trust’s stock valued at $3,242,000 after acquiring an additional 183 shares during the period. Finally, CX Institutional lifted its holdings in Equity Residential by 6.1% during the 3rd quarter. CX Institutional now owns 3,274 shares of the real estate investment trust’s stock valued at $212,000 after purchasing an additional 189 shares during the last quarter. Institutional investors and hedge funds own 92.68% of the company’s stock.

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.