Equity Residential (NYSE:EQR) Issues FY 2025 Earnings Guidance

Equity Residential (NYSE:EQR) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 3.900-4.000 for the period, compared to the consensus EPS estimate of 4.020. The company issued revenue guidance of -. Equity Residential also updated its Q1 2025 guidance to 0.900-0.940 EPS.

Equity Residential Price Performance

EQR stock traded down $0.30 during midday trading on Monday, reaching $70.33. The stock had a trading volume of 2,592,118 shares, compared to its average volume of 1,739,418. Equity Residential has a 52-week low of $57.33 and a 52-week high of $78.83. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.76. The company’s fifty day simple moving average is $71.49 and its 200 day simple moving average is $72.70. The company has a market cap of $26.69 billion, a price-to-earnings ratio of 28.82, a price-to-earnings-growth ratio of 4.35 and a beta of 0.93.

Equity Residential Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, January 2nd were given a dividend of $0.675 per share. The ex-dividend date was Thursday, January 2nd. This represents a $2.70 dividend on an annualized basis and a yield of 3.84%. Equity Residential’s payout ratio is presently 110.66%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. StockNews.com lowered shares of Equity Residential from a “hold” rating to a “sell” rating in a research note on Friday. Stifel Nicolaus raised Equity Residential from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $77.75 to $81.50 in a research note on Wednesday, November 13th. Barclays cut their target price on Equity Residential from $83.00 to $79.00 and set an “overweight” rating for the company in a research note on Friday, January 24th. Royal Bank of Canada lowered their price target on shares of Equity Residential from $83.00 to $79.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Finally, Wells Fargo & Company dropped their price objective on shares of Equity Residential from $77.00 to $75.00 and set an “equal weight” rating for the company in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Equity Residential currently has an average rating of “Hold” and an average price target of $78.36.

Equity Residential Company Profile

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 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.