Insider Selling: Equity Residential (NYSE:EQR) EVP Sells 656 Shares of Stock

Equity Residential (NYSE:EQR) EVP Catherine Carraway sold 656 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $42,725.28. Following the completion of the sale, the executive vice president directly owned 18,339 shares of the company’s stock, valued at $1,194,419.07. The trade was a 3.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Equity Residential Stock Down 1.3%

NYSE EQR traded down $0.84 during trading on Wednesday, hitting $64.73. The company’s stock had a trading volume of 3,402,201 shares, compared to its average volume of 2,756,423. Equity Residential has a fifty-two week low of $58.38 and a fifty-two week high of $75.86. The company has a market cap of $24.63 billion, a PE ratio of 22.09, a P/E/G ratio of 4.43 and a beta of 0.76. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.31 and a quick ratio of 0.45. The business’s 50 day simple moving average is $61.90 and its 200-day simple moving average is $62.61.

Equity Residential (NYSE:EQR) last announced its quarterly earnings data 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). The company had revenue of $781.91 million during the quarter, compared to analysts’ expectations of $786.35 million. Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.00 earnings per share. 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. On average, equities analysts anticipate that Equity Residential will post 3.98 EPS for the current fiscal year.

Equity Residential Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were paid a dividend of $0.6925 per share. This represents a $2.77 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, January 2nd. Equity Residential’s payout ratio is presently 94.54%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of EQR. Vanguard Group Inc. grew its stake in shares of Equity Residential by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock worth $3,728,296,000 after purchasing an additional 1,281,354 shares during the period. Norges Bank acquired a new position in shares of Equity Residential in the 4th quarter valued at $2,201,674,000. State Street Corp boosted its holdings in Equity Residential by 2.8% during the third quarter. State Street Corp now owns 24,922,935 shares of the real estate investment trust’s stock worth $1,630,103,000 after buying an additional 688,854 shares in the last quarter. Geode Capital Management LLC grew its position in Equity Residential by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 10,258,275 shares of the real estate investment trust’s stock valued at $644,412,000 after buying an additional 114,604 shares during the period. Finally, First Eagle Investment Management LLC grew its position in Equity Residential by 0.5% during the fourth quarter. First Eagle Investment Management LLC now owns 9,242,013 shares of the real estate investment trust’s stock valued at $582,617,000 after buying an additional 44,127 shares during the period. 92.68% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on EQR. Royal Bank Of Canada reduced their target price on Equity Residential from $70.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, January 15th. JPMorgan Chase & Co. cut their price objective on Equity Residential from $75.00 to $71.00 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Piper Sandler set a $78.00 price objective on Equity Residential in a research note on Tuesday, January 27th. Jefferies Financial Group decreased their target price on Equity Residential from $68.00 to $65.00 and set a “hold” rating for the company in a report on Tuesday, November 11th. Finally, Truist Financial dropped their target price on Equity Residential from $75.00 to $70.00 and set a “buy” rating on the stock in a research report on Monday, November 17th. Seven analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $69.58.

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.