Equity Residential (NYSE:EQR) Releases Q1 2025 Earnings Guidance

Equity Residential (NYSE:EQR) issued an update on its first quarter 2025 earnings guidance on Monday morning. The company provided EPS guidance of 0.900-0.940 for the period, compared to the consensus EPS estimate of 0.960. The company issued revenue guidance of -. Equity Residential also updated its FY 2025 guidance to 3.900-4.000 EPS.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on EQR. Wells Fargo & Company reduced their price objective on Equity Residential from $77.00 to $75.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. Scotiabank reduced their target price on shares of Equity Residential from $81.00 to $78.00 and set a “sector perform” rating for the company in a report on Thursday, November 14th. Barclays reduced their price objective on Equity Residential from $83.00 to $79.00 and set an “overweight” rating for the company in a research note on Friday, January 24th. Mizuho lowered their target price on Equity Residential from $78.00 to $74.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. Finally, Stifel Nicolaus upgraded shares of Equity Residential from a “hold” rating to a “buy” rating and raised their target price for the stock from $77.75 to $81.50 in a research note on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $78.36.

Equity Residential Price Performance

NYSE:EQR traded up $1.26 during trading hours on Wednesday, reaching $71.88. 511,507 shares of the company traded hands, compared to its average volume of 1,722,765. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.13 and a quick ratio of 0.13. Equity Residential has a 1-year low of $57.33 and a 1-year high of $78.83. The firm’s 50-day moving average is $71.24 and its 200-day moving average is $72.71. The stock has a market cap of $27.27 billion, a P/E ratio of 29.43, a P/E/G ratio of 4.35 and a beta of 0.93.

Equity Residential Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, January 2nd were issued a $0.675 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $2.70 dividend on an annualized basis and a yield of 3.76%. Equity Residential’s dividend payout ratio (DPR) is 110.66%.

Equity Residential Company Profile

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 affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.