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

Equity Residential (NYSE:EQR) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 3.900-4.000 for the period, compared to the consensus 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 Stock Performance

Shares of NYSE:EQR traded down $0.30 during trading on Monday, hitting $70.33. 2,594,118 shares of the stock were exchanged, compared to its average volume of 1,739,425. The company has a market capitalization 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. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.13 and a current ratio of 0.13. Equity Residential has a 1-year low of $57.33 and a 1-year high of $78.83. The company’s fifty day simple moving average is $71.49 and its 200-day simple moving average is $72.70.

Equity Residential Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, January 2nd were paid 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 dividend payout ratio is currently 110.66%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wells Fargo & Company reduced 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. Mizuho cut their price target on shares of Equity Residential from $78.00 to $74.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Stifel Nicolaus raised Equity Residential from a “hold” rating to a “buy” rating and lifted their price objective for the company from $77.75 to $81.50 in a report on Wednesday, November 13th. Scotiabank dropped their target price on Equity Residential from $81.00 to $78.00 and set a “sector perform” rating for the company in a report on Thursday, November 14th. Finally, Barclays cut their price target on shares of Equity Residential from $83.00 to $79.00 and set an “overweight” rating for the company in a report on Friday, January 24th. One 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.com, Equity Residential currently has an average rating of “Hold” and an average price target of $78.36.

About Equity Residential

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.