NYSE
EQR

Equity Residential

REIT-Residential
Real Estate

Prices are adjusted according to historical splits.

Equity Residential Stock Price

Vitals

Today's Low:
$62.09
Today's High:
$63.26
Open Price:
$62.52
52W Low:
$54.5895
52W High:
$78.3709
Prev. Close:
$62.58
Volume:
1101044

Company Statistics

Market Cap.:
$24.03 billion
Book Value:
29.295
Revenue TTM:
$2.79 billion
Operating Margin TTM:
30.83%
Gross Profit TTM:
$1.75 billion
Profit Margin:
32.95%
Return on Assets TTM:
2.62%
Return on Equity TTM:
8.22%

Company Profile

Equity Residential had its IPO on 1993-08-11 under the ticker symbol EQR.

The company operates in the Real Estate sector and REIT-Residential industry. Equity Residential has a staff strength of 2,400 employees.

Stock update

Shares of Equity Residential opened at $62.52 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $62.09 - $63.26, and closed at $63.14.

This is a +0.89% increase from the previous day's closing price.

A total volume of 1,101,044 shares were traded at the close of the day’s session.

In the last one week, shares of Equity Residential have slipped by -1.34%.

Equity Residential's Key Ratios

Equity Residential has a market cap of $24.03 billion, indicating a price to book ratio of 2.1949 and a price to sales ratio of 9.1768.

In the last 12-months Equity Residential’s revenue was $2.79 billion with a gross profit of $1.75 billion and an EBITDA of $1.73 billion. The EBITDA ratio measures Equity Residential's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Equity Residential’s operating margin was 30.83% while its return on assets stood at 2.62% with a return of equity of 8.22%.

In Q1, Equity Residential’s quarterly earnings growth was a positive 200.6% while revenue growth was a positive 7.9%.

Equity Residential’s PE and PEG Ratio

Forward PE
36.7647
Trailing PE
26.2025
PEG
1.282

Its diluted EPS in the last 12-months stands at $2.42 per share while it has a forward price to earnings multiple of 36.7647 and a PEG multiple of 1.282. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Equity Residential’s profitability.

Equity Residential stock is trading at a EV to sales ratio of 11.9229 and a EV to EBITDA ratio of 13.3365. Its price to sales ratio in the trailing 12-months stood at 9.1768.

Equity Residential stock pays annual dividends of $2.538 per share, indicating a yield of 4.3% and a payout ratio of 104.42%.

Balance sheet and cash flow metrics

Total Assets
$20.10 billion
Total Liabilities
$453.43 million
Operating Cash Flow
$43.72 million
Capital Expenditure
$16.79 million
Dividend Payout Ratio
104.42%

Equity Residential ended 2024 with $20.10 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $20.10 billion while shareholder equity stood at $11.14 billion.

Equity Residential ended 2024 with $0 in deferred long-term liabilities, $453.43 million in other current liabilities, 3789000.00 in common stock, $1.62 billion in retained earnings and $0 in goodwill. Its cash balance stood at $133.46 million and cash and short-term investments were $133.46 million. The company’s total short-term debt was $2,283,097,000 while long-term debt stood at $7.31 billion.

Equity Residential’s total current assets stands at $219.09 million while long-term investments were $292.28 million and short-term investments were $292.28 million. Its net receivables were $0 compared to accounts payable of $144.66 million and inventory worth $0.

In 2024, Equity Residential's operating cash flow was $43.72 million while its capital expenditure stood at $16.79 million.

Comparatively, Equity Residential paid $1.04 in dividends in 2024.

Other key metrics

Current Trading Price
$63.14
52-Week High
$78.3709
52-Week Low
$54.5895
Analyst Target Price
$67.78

Equity Residential stock is currently trading at $63.14 per share. It touched a 52-week high of $78.3709 and a 52-week low of $78.3709. Analysts tracking the stock have a 12-month average target price of $67.78.

Its 50-day moving average was $65.59 and 200-day moving average was $62 The short ratio stood at 3.43 indicating a short percent outstanding of 0%.

Around 171.1% of the company’s stock are held by insiders while 9330.6% are held by institutions.

Frequently Asked Questions About Equity Residential

The stock symbol (also called stock or share ticker) of Equity Residential is EQR

The IPO of Equity Residential took place on 1993-08-11

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About

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 308 properties consisting of 79,597 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.

Address

Two North Riverside Plaza, Chicago, IL, United States, 60606