Equity Residential (NYSE:EQR) Releases Earnings Results, Misses Estimates By $0.01 EPS

Equity Residential (NYSE:EQR) posted its earnings results on Thursday. The real estate investment trust reported $1.03 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.01), Briefing.com reports. The company had revenue of $781.91 million for the quarter, compared to the consensus estimate of $786.35 million. Equity Residential had a return on equity of 10.30% and a net margin of 37.58%.Equity Residential’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.00 EPS. Equity Residential updated its Q1 2026 guidance to 0.940-0.980 EPS and its FY 2026 guidance to 4.020-4.140 EPS.

Equity Residential Stock Down 2.0%

EQR opened at $61.79 on Friday. The stock has a fifty day moving average of $61.73 and a 200-day moving average of $62.75. The company has a market capitalization of $23.51 billion, a P/E ratio of 20.39, a P/E/G ratio of 4.29 and a beta of 0.76. Equity Residential has a fifty-two week low of $58.38 and a fifty-two week high of $75.86. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.45 and a current ratio of 0.45.

Equity Residential Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 4.5%. Equity Residential’s dividend payout ratio (DPR) is currently 91.42%.

Institutional Trading of Equity Residential

Institutional investors have recently bought and sold shares of the business. Empowered Funds LLC increased its holdings in shares of Equity Residential by 3.1% during the first quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust’s stock worth $536,000 after purchasing an additional 226 shares during the period. United Capital Financial Advisors LLC grew its position in Equity Residential by 2.0% during the third quarter. United Capital Financial Advisors LLC now owns 11,589 shares of the real estate investment trust’s stock worth $750,000 after buying an additional 227 shares in the last quarter. Brown Brothers Harriman & Co. increased its stake in Equity Residential by 25.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,235 shares of the real estate investment trust’s stock worth $80,000 after acquiring an additional 252 shares during the period. Frontier Capital Management Co. LLC increased its stake in Equity Residential by 8.3% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 4,654 shares of the real estate investment trust’s stock worth $314,000 after acquiring an additional 358 shares during the period. Finally, Fulcrum Asset Management LLP acquired a new position in Equity Residential in the 3rd quarter valued at $27,000. Institutional investors own 92.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on EQR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Equity Residential in a research note on Thursday, January 22nd. Scotiabank lowered their price objective on shares of Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a research report on Tuesday, November 4th. Truist Financial lowered their price objective on shares of Equity Residential from $75.00 to $70.00 and set a “buy” rating for the company in a research report on Monday, November 17th. Deutsche Bank Aktiengesellschaft cut shares of Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 price target for the company. in a research note on Tuesday, January 20th. Finally, BMO Capital Markets downgraded Equity Residential from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $70.00 to $68.00 in a research note on Friday, January 9th. Seven equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $70.01.

Equity Residential News Summary

Here are the key news stories impacting Equity Residential this week:

• Positive Sentiment: Management raised FY‑2026 EPS guidance sharply to a range of 4.020–4.140 (well above the prior consensus ~2.51) and also issued stronger Q1‑2026 EPS guidance of 0.940–0.980 versus a lower Street view — the forward guidance is a clear upside catalyst if realized.
• Neutral Sentiment: Some outlets frame the quarterly results differently: one report described an EPS beat on a particular measure while revenue fell short, underscoring differences between GAAP/adjusted metrics and REIT core metrics. Equity Residential: Q4 Earnings Snapshot
• Neutral Sentiment: Analysts and commentary remain cautious: BTIG’s Michael Gorman kept a Hold/neutral stance citing mixed fundamentals and a limited near‑term growth outlook, which moderates upside from the new guidance. Equity Residential: Mixed Fundamentals and Limited Growth Outlook Support Hold Rating
• Negative Sentiment: Reported Q4 EPS (1.03) narrowly missed consensus (1.04) and revenue ($781.9M) missed estimates (~$786.4M); these near‑term misses weigh on investor confidence despite the upbeat guidance. MarketBeat EQR Earnings Summary
• Negative Sentiment: Funds from operations (FFO), a key REIT metric, also missed estimates (FFO $1.03 vs. ~$1.04 consensus), reinforcing concerns about operating momentum even as management projects stronger full‑year results. Equity Residential (EQR) Q4 FFO and Revenues Miss Estimates

Equity Residential Company Profile

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.