Equity Residential (NYSE:EQR) Price Target Raised to $66.00 at Mizuho

Equity Residential (NYSE:EQR) had its price target raised by research analysts at Mizuho from $65.00 to $66.00 in a research note issued to investors on Friday,MarketScreener reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s target price would indicate a potential upside of 5.13% from the company’s current price.

Several other analysts have also recently commented on the company. Truist Financial decreased their target price on Equity Residential from $75.00 to $70.00 and set a “buy” rating for the company in a research report on Monday, November 17th. Cantor Fitzgerald increased 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, February 9th. BMO Capital Markets lowered Equity Residential from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $70.00 to $68.00 in a research report on Friday, January 9th. Scotiabank lifted their target price on Equity Residential from $66.00 to $67.00 and gave the company a “sector perform” rating in a research note on Wednesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Equity Residential in a report on Thursday, January 22nd. Six analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $69.63.

Equity Residential Stock Performance

Equity Residential stock opened at $62.78 on Friday. Equity Residential has a fifty-two week low of $58.38 and a fifty-two week high of $73.14. The firm’s 50 day simple moving average is $62.55 and its 200-day simple moving average is $62.57. 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 company has a market cap of $23.70 billion, a P/E ratio of 21.43, a price-to-earnings-growth ratio of 4.75 and a beta of 0.75.

Equity Residential (NYSE:EQR) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.01). Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The firm had revenue of $781.91 million during the quarter, compared to analysts’ expectations of $786.35 million. During the same quarter last year, the company posted $1.00 EPS. The firm’s revenue was up 2.0% compared to the same quarter last year. 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. As a group, equities research analysts predict that Equity Residential will post 3.98 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Robert Garechana sold 3,637 shares of the firm’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 $236,877.81. Following the completion of the sale, the executive vice president directly owned 18,740 shares of the company’s stock, valued at $1,220,536.20. This trade represents a 16.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Michael L. Manelis sold 5,765 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 $375,474.45. Following the sale, the chief operating officer owned 46,131 shares of the company’s stock, valued at approximately $3,004,512.03. This represents a 11.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,058 shares of company stock valued at $655,078 in the last three months. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Equity Residential

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EQR. Collier Financial acquired a new position in shares of Equity Residential during the 3rd quarter worth $26,000. Fulcrum Asset Management LLP acquired a new stake in shares of Equity Residential in the 3rd quarter valued at $27,000. Rosenberg Matthew Hamilton lifted its stake in shares of Equity Residential by 69.2% in the 4th 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 during the last quarter. Zions Bancorporation National Association UT boosted its holdings in Equity Residential by 375.2% in the fourth quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 379 shares in the last quarter. Finally, DV Equities LLC bought a new stake in Equity Residential in the fourth quarter worth $30,000. Institutional investors 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.