- Previous Close
64.27 - Open
63.90 - Bid 64.16 x 800
- Ask 65.12 x 800
- Day's Range
62.40 - 65.17 - 52 Week Range
59.41 - 78.83 - Volume
1,711,760 - Avg. Volume
1,806,762 - Market Cap (intraday)
25.298B - Beta (5Y Monthly) 0.87
- PE Ratio (TTM)
23.76 - EPS (TTM)
2.72 - Earnings Date Apr 29, 2025
- Forward Dividend & Yield 2.77 (4.29%)
- Ex-Dividend Date Mar 31, 2025
- 1y Target Est
77.51
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 311 properties consisting of 84,249 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin.
www.equityapartments.com2,500
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: EQR
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Performance Overview: EQR
Trailing total returns as of 4/11/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: EQR
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Statistics: EQR
View MoreValuation Measures
Market Cap
24.54B
Enterprise Value
32.93B
Trailing P/E
23.76
Forward P/E
58.14
PEG Ratio (5yr expected)
15.39
Price/Sales (ttm)
8.48
Price/Book (mrq)
2.23
Enterprise Value/Revenue
11.05
Enterprise Value/EBITDA
14.11
Financial Highlights
Profitability and Income Statement
Profit Margin
34.76%
Return on Assets (ttm)
2.67%
Return on Equity (ttm)
9.25%
Revenue (ttm)
2.98B
Net Income Avi to Common (ttm)
1.03B
Diluted EPS (ttm)
2.72
Balance Sheet and Cash Flow
Total Cash (mrq)
62.3M
Total Debt/Equity (mrq)
72.74%
Levered Free Cash Flow (ttm)
1.38B
Research Analysis: EQR
View MoreResearch Reports: EQR
View MoreEquity Residential's Apartment Portfolio Should Produce Lower but Steady Growth
Equity Residential owns a portfolio of 311 apartment communities with around 84,000 units and is developing two additional properties with 655 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
RatingPrice TargetEquity Residential's Apartment Portfolio Should Produce Lower but Steady Growth
Equity Residential owns a portfolio of 311 apartment communities with around 84,000 units and is developing two additional properties with 655 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
RatingPrice TargetEquity Residential's Apartment Portfolio Should Produce Lower but Steady Growth
Equity Residential owns a portfolio of 311 apartment communities with around 84,000 units and is developing two additional properties with 655 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
RatingPrice TargetBUY with 12 consecutive quarters of revenue growth
Equity Residential, based in Chicago, is one of the largest apartment real estate investment trusts in the U.S. The company focuses on high-quality properties and has benefited from the high cost of home ownership. Prior to the pandemic, the company's properties were primarily in large coastal cities in four core states. Its new growth strategy is focused on 12 Sunbelt and other non-coastal markets, including expansion projects in suburban Raleigh, Atlanta, Austin, and Denver. The average EQR tenant is a professional in his or her early 30s; a group that has enjoyed recent strong employment demographics. At the end of 2024, the REIT owned or had an interest in 311 properties and just over 84,000 apartment units of which about 95% were wholly owned. Total 2024 rental revenues were $2.98 billion. At the end of 2024, about 26% of communities are in California, 20% are in New York and Boston, and 14% are in expansion markets. The average monthly rental rate for EQR apartments is about $3,000. The shares are a component of the S&P 500. The company's market cap is about $27 billion.
RatingPrice Target