Equity Residential (NYSE:EQR) Issues Q1 2026 Earnings Guidance

Equity Residential (NYSE:EQR) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.940-0.980 for the period, compared to the consensus EPS estimate of 0.590. The company issued revenue guidance of -.

Analyst Ratings Changes

Several equities research analysts have issued reports on EQR shares. Wells Fargo & Company dropped 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 $79.75 target price on Equity Residential in a research report on Wednesday, October 29th. Jefferies Financial Group reduced their price target on shares of 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 decreased their price target on shares of Equity Residential from $70.00 to $68.00 and set an “outperform” rating on the stock in a research note on Monday, November 3rd. Finally, Piper Sandler set a $78.00 price objective on shares of Equity Residential in a research note on Tuesday, January 27th. Seven investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, Equity Residential has an average rating of “Hold” and an average price target of $70.01.

Equity Residential Trading Down 2.0%

Shares of Equity Residential stock traded down $1.29 during trading on Thursday, reaching $61.79. 3,360,274 shares of the stock were exchanged, compared to its average volume of 2,497,282. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.75. The firm has a market cap of $23.51 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 4.20 and a beta of 0.76. Equity Residential has a 1 year low of $58.38 and a 1 year high of $75.86. The stock’s fifty day moving average is $61.72 and its 200 day moving average is $62.76.

Equity Residential (NYSE:EQR) last released its quarterly earnings results 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 net margin of 37.58% and a return on equity of 10.30%. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS. As a group, equities research analysts expect that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a $0.6925 dividend. This represents a $2.77 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, January 2nd. Equity Residential’s dividend payout ratio (DPR) is currently 91.42%.

Institutional Investors Weigh In On Equity Residential

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Danske Bank A S purchased a new position in Equity Residential during the third quarter valued at $15,432,000. Fulcrum Asset Management LLP bought a new stake in Equity Residential during the 3rd quarter valued at about $27,000. Adelante Capital Management LLC raised its holdings in Equity Residential by 12.5% in the third quarter. Adelante Capital Management LLC now owns 878,252 shares of the real estate investment trust’s stock worth $56,849,000 after buying an additional 97,920 shares during the last quarter. Armistice Capital LLC bought a new position in shares of Equity Residential in the third quarter worth approximately $331,000. Finally, CANADA LIFE ASSURANCE Co lifted its stake in shares of Equity Residential by 4.6% in the third quarter. CANADA LIFE ASSURANCE Co now owns 940,957 shares of the real estate investment trust’s stock worth $60,335,000 after buying an additional 41,211 shares in the last quarter. 92.68% of the stock is owned by hedge funds and other 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.