Barclays Has Lowered Expectations for Equity Residential (NYSE:EQR) Stock Price

Equity Residential (NYSE:EQR) had its price objective cut by stock analysts at Barclays from $78.00 to $75.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the real estate investment trust’s stock. Barclays‘s price target points to a potential upside of 21.14% from the company’s previous close.

Other equities analysts have also issued research reports about the stock. The Goldman Sachs Group boosted their target price on shares of Equity Residential from $69.00 to $71.00 and gave the stock a “neutral” rating in a research report on Thursday, February 12th. BMO Capital Markets lowered shares of Equity Residential from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $70.00 to $68.00 in a research report on Friday, January 9th. Deutsche Bank Aktiengesellschaft downgraded shares of Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 price objective on the stock. in a report on Tuesday, January 20th. JPMorgan Chase & Co. reduced their target price on shares of Equity Residential from $75.00 to $71.00 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Finally, Royal Bank Of Canada decreased their target price on Equity Residential from $70.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, January 15th. Six investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, Equity Residential currently has an average rating of “Hold” and an average price target of $69.58.

Equity Residential Stock Performance

EQR stock traded down $1.20 during mid-day trading on Friday, reaching $61.91. 101,253 shares of the stock traded hands, compared to its average volume of 2,690,170. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.73. Equity Residential has a 52 week low of $58.38 and a 52 week high of $73.14. The business has a 50-day moving average of $62.56 and a two-hundred day moving average of $62.57. The firm has a market capitalization of $23.37 billion, a PE ratio of 21.13, a P/E/G ratio of 4.72 and a beta of 0.75.

Equity Residential (NYSE:EQR) last posted its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The business had revenue of $781.91 million during the quarter, compared to the consensus estimate of $786.35 million. During the same quarter in the previous year, the firm posted $1.00 earnings per share. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. 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. As a group, equities analysts predict that Equity Residential will post 3.98 EPS for the current fiscal year.

Insider Buying and Selling at Equity Residential

In related news, COO Michael L. Manelis sold 5,765 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 transaction of $375,474.45. Following the completion of the sale, the chief operating officer directly owned 46,131 shares of the company’s stock, valued at $3,004,512.03. This trade represents a 11.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Catherine Carraway sold 656 shares of Equity Residential stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $42,725.28. Following the completion of the transaction, the executive vice president owned 18,339 shares of the company’s stock, valued at approximately $1,194,419.07. The trade was a 3.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 10,058 shares of company stock valued at $655,078. 1.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Collier Financial bought a new stake in shares of Equity Residential during the third quarter worth $26,000. Fulcrum Asset Management LLP bought a new position in Equity Residential in the third quarter valued at about $27,000. Rosenberg Matthew Hamilton increased its position in Equity Residential by 69.2% in the fourth quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 180 shares during the period. Harvest Fund Management Co. Ltd bought a new stake in Equity Residential during the 3rd quarter worth about $31,000. Finally, Zions Bancorporation National Association UT raised its holdings in Equity Residential by 375.2% during the 4th quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 379 shares during the last quarter. Institutional investors own 92.68% of the company’s stock.

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.