Key Points
- Insider selling: EVP Robert Garechana sold 3,637 shares at an average price of $65.13 on Feb. 10 (reducing his stake 16.25%), and fellow executives COO Michael Manelis (5,765 shares) and EVP Catherine Carraway (656 shares) also reported sales.
- Q4 results & guidance: EQR posted $1.03 EPS (missed by $0.01) and $781.9M revenue (up 2% YoY), and provided Q1 2026 guidance of $0.940–0.980 and FY 2026 guidance of $4.020–4.140 EPS.
- Dividend & valuation: The REIT yields 4.3% on a $2.77 annualized dividend with a ~94.5% payout ratio, trades at a PE of ~22.1, and has a market cap near $24.6 billion.
Equity Residential (NYSE:EQR - Get Free Report) EVP Catherine Carraway sold 656 shares of the firm's stock in a transaction that occurred 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 sale, the executive vice president owned 18,339 shares of the company's stock, valued at approximately $1,194,419.07. This trade represents a 3.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Equity Residential Price Performance
Shares of EQR opened at $64.73 on Thursday. The stock has a 50 day moving average of $61.96 and a 200-day moving average of $62.63. Equity Residential has a 52 week low of $58.38 and a 52 week high of $75.86. The firm has a market cap of $24.63 billion, a price-to-earnings ratio of 22.09, a PEG ratio of 4.93 and a beta of 0.76. The company has a current ratio of 0.31, a quick ratio of 0.45 and a debt-to-equity ratio of 0.73.
Equity Residential (NYSE:EQR - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share (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 business posted $1.00 earnings per share. The company's quarterly revenue was up 2.0% compared to the same quarter last year. 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, analysts forecast that Equity Residential will post 3.98 EPS for the current year.
Equity Residential Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 2nd were issued a $0.6925 dividend. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, January 2nd. Equity Residential's dividend payout ratio (DPR) is 94.54%.
More Equity Residential News
Here are the key news stories impacting Equity Residential this week:
- Positive Sentiment: Evercore ISI published a bullish forecast for EQR, projecting strong price appreciation based on fundamentals and valuation — this adds institutional analyst support that can attract buyers. Evercore ISI Forecast
- Positive Sentiment: Cantor Fitzgerald also issued a positive price-appreciation outlook, providing additional analyst-level backing that may counterbalance near-term selling pressure. Cantor Fitzgerald Forecast
- Positive Sentiment: Operational update: a report notes EQR saw benefits from AI and automation in 2025, implying potential cost savings and margin improvement over time. AI & Automation Article
- Neutral Sentiment: Recent quarterly results were mixed: a very small EPS miss and modest revenue growth; management gave Q1 and FY 2026 EPS guidance (Q1: $0.94–$0.98; FY: $4.02–$4.14), which sets expectations but is not a catalyst by itself.
- Neutral Sentiment: Dividend yield remains attractive (~4.3% annualized) but payout ratio is high (~95%), which is relevant for income investors but limits upside from additional dividend increases in the near term.
- Negative Sentiment: Insider-selling wave: multiple senior executives (EVP Robert Garechana, COO Michael Manelis, EVP Catherine Carraway) sold shares around $65.13 on Feb. 10–11; pooled coverage (TipRanks) flagged the coordinated offloads, which often spooks investors and can create short-term downward pressure. TipRanks Insider Article
- Negative Sentiment: SEC Form 4 filings confirm material sales: Garechana (3,637 shares), Manelis (5,765), Carraway (656). The size and timing of these reductions (some double-digit percentage drops in their holdings) amplify the negative signal for traders watching insider activity. Garechana Form 4
Analyst Ratings Changes
A number of equities analysts recently issued reports on EQR shares. The Goldman Sachs Group lifted their target price on Equity Residential from $63.00 to $69.00 and gave the stock a "neutral" rating in a report on Friday, January 16th. Cantor Fitzgerald upped their price target on shares of Equity Residential from $61.00 to $64.00 and gave the stock a "neutral" rating in a research note on Monday. Evercore lowered their target price on Equity Residential from $70.00 to $68.00 and set an "outperform" rating on the stock in a research note on Monday, November 3rd. UBS Group raised their price target on Equity Residential from $68.00 to $71.00 and gave the stock a "buy" rating in a research note on Thursday, January 8th. Finally, Piper Sandler set a $78.00 price target on Equity Residential in a research note on Tuesday, January 27th. Seven research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $69.58.
View Our Latest Research Report on EQR
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Rosenberg Matthew Hamilton boosted its position in shares of Equity Residential by 69.2% during 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 in the last quarter. Rothschild Investment LLC boosted its position in Equity Residential by 6.8% during the 2nd quarter. Rothschild Investment LLC now owns 2,841 shares of the real estate investment trust's stock worth $192,000 after acquiring an additional 182 shares during the last quarter. Cetera Investment Advisers lifted its position in Equity Residential by 0.4% during the 2nd quarter. Cetera Investment Advisers now owns 48,030 shares of the real estate investment trust's stock worth $3,242,000 after buying an additional 183 shares in the last quarter. CX Institutional lifted its stake in Equity Residential by 6.1% in the third quarter. CX Institutional now owns 3,274 shares of the real estate investment trust's stock valued at $212,000 after acquiring an additional 189 shares during the last quarter. Finally, Summitry LLC boosted its stake in shares of Equity Residential by 6.3% during the 3rd quarter. Summitry LLC now owns 3,193 shares of the real estate investment trust's stock worth $207,000 after acquiring an additional 189 shares during the period. 92.68% of the stock is currently owned by institutional investors and hedge funds.
Equity Residential Company Profile
(
Get Free Report)
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.
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