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Equity Residential - EQR STOCK NEWS

Welcome to our dedicated page for Equity Residential news (Ticker: EQR), a resource for investors and traders seeking the latest updates and insights on Equity Residential stock.

Equity Residential (EQR), a proud member of the S&P 500, is dedicated to fostering communities where residents can thrive. Specializing in the acquisition, development, and management of high-quality residential properties, Equity Residential has a significant presence in key metropolitan areas that attract long-term renters.

The company owns or has investments in 305 properties, encompassing 78,568 apartment units situated in vibrant cities such as Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California, and Denver. As part of its growth initiative, Equity Residential is also developing two additional properties with a total of 537 units.

Equity Residential focuses on owning and managing large, high-quality properties within the urban and suburban submarkets of these dynamic regions. Their portfolio includes 302 apartment communities with approximately 80,000 units. The company's strategic locations and quality properties ensure they remain a top choice for residents seeking urban living in prime locations.

Financially stable and continually evolving, Equity Residential prides itself on its consistent performance and robust portfolio. The company remains committed to enhancing its communities and delivering exceptional living experiences to residents. With a focus on sustainability and modern amenities, Equity Residential continues to be a leader in the residential property market.

News

Equity Residential Announces First Quarter 2024 Earnings Release Date

Rhea-AI Summary
Equity Residential (EQR) to release first quarter 2024 operating results on April 23, 2024, followed by a conference call on April 24, 2024.
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Equity Residential Appoints Ann C. Hoff and Nina P. Jones to Board of Trustees

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Equity Residential (EQR) appoints Ann C. Hoff and Nina P. Jones to its Board of Trustees, expanding to 11 members. Ms. Hoff is the President and COO of Bellagio and Park MGM at MGM Resorts International, while Ms. Jones retired from T. Rowe Price, a global investment manager. Both new trustees bring valuable expertise to the company.
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Equity Residential Declares First Quarter Dividends

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Equity Residential (EQR) increases its annualized dividend by 2% and sets record and meeting dates for the 2024 Annual Meeting of Shareholders.
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Equity Residential to Participate in 2024 Citi Global Property CEO Conference

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Equity Residential (EQR) senior management team, including President and CEO Mark J. Parrell, to participate in a roundtable presentation at the 2024 Citi Global Property CEO Conference. The event will be webcast live, with an updated Investor Presentation available on the company's website.
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Equity Residential Reports Fourth Quarter 2023 Results

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Equity Residential (NYSE: EQR) reported strong financial results for the fourth quarter and full year ended December 31, 2023. The company saw a significant increase in earnings per share (EPS), funds from operations (FFO) per share, and normalized FFO per share. Same store revenue increased by 3.9% in the fourth quarter of 2023 compared to the same period in 2022, driven by strong demand. The company provided guidance for the full year 2024, with same store revenue growth expected to be between 2.0% and 3.0%. The company also announced significant property sales and share repurchase activities during the fourth quarter of 2023.
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Equity Residential Reports 2023 Dividend Income Tax Treatment

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Equity Residential (EQR) reported the tax status of its 2023 dividends paid to shareholders. The final allocations for common and preferred shares are detailed, with total distributions, capital gain distributions, and other relevant figures. The company did not incur foreign taxes in 2023 and advises shareholders to consult their own tax advisers for income tax consequences.
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Equity Residential Announces Fourth Quarter 2023 Earnings Release Date

Rhea-AI Summary
Equity Residential (NYSE: EQR) will release its Q4 2023 operating results on January 30, 2024, and host a conference call on January 31, 2024. The webcast will be available on the Investor section of www.equityapartments.com.
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Equity Residential Declares Fourth Quarter Dividends

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Equity Residential (NYSE: EQR) declares quarterly dividends on common and preferred shares. A regular common share dividend of $0.6625 per share and a quarterly dividend of $1.03625 per share for Series K Preferred Shares have been announced.
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Equity Residential to Participate in Nareit Investor Conference

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Equity Residential (NYSE: EQR) to Participate in Nareit REITworld 2023 Investor Conference, Updates Investor Presentation
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Equity Residential Reports Third Quarter 2023 Results

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Equity Residential (NYSE: EQR) reported Q3 2023 results, with EPS of $0.45 (47.7% decrease YoY), FFO per share of $0.96 (6.7% increase YoY), and NFFO per share of $0.96 (4.3% increase YoY). Same store revenue increased 4.1% YoY, but was negatively impacted by weaker performance in San Francisco and Seattle. The company revised its 2023 annual same store revenue growth guidance to 5.5%. Bad debt improved, but slightly less than expected due to eviction proceedings. Same store expense growth for Q3 2023 was 3.1%. The company acquired two properties in Atlanta and sold one in Seattle. The CEO highlighted strong performance in the East Coast markets and adjustments made due to lower job growth and the Rite Aid bankruptcy.
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FAQ

What is the current stock price of Equity Residential (EQR)?

The current stock price of Equity Residential (EQR) is $71.56 as of February 21, 2025.

What is the market cap of Equity Residential (EQR)?

The market cap of Equity Residential (EQR) is approximately 27.2B.

What does Equity Residential do?

Equity Residential specializes in the acquisition, development, and management of high-quality residential properties in major US cities.

Where are Equity Residential's properties located?

Equity Residential's properties are located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California, and Denver.

How many properties does Equity Residential own?

Equity Residential owns or has investments in 305 properties, including 78,568 apartment units.

How many apartment units does Equity Residential manage?

Equity Residential manages around 80,000 apartment units across its portfolio.

Is Equity Residential part of any major stock index?

Yes, Equity Residential is a member of the S&P 500.

What types of properties does Equity Residential focus on?

Equity Residential focuses on acquiring and managing large, high-quality residential properties in urban and suburban areas of major cities.

What are the latest developments by Equity Residential?

Equity Residential is currently developing two new properties with a total of 537 units.

How does Equity Residential ensure high-quality living experiences?

Equity Residential is committed to providing modern amenities and focusing on sustainability to enhance living experiences for residents.

What makes Equity Residential unique in the real estate market?

Equity Residential's strategic location choices, high-quality properties, and focus on dynamic cities make it a leader in the residential property market.

How can I stay updated with the latest news from Equity Residential?

You can stay updated by visiting platforms like StockTitan for the latest performance, events, and developments related to Equity Residential.
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Equity Residential

NYSE:EQR

EQR Rankings

#rank Ranked by Market Cap
#rank Ranked by Dividends

EQR Stock Data

27.21B
377.14M
0.47%
95.02%
1.6%
REIT - Residential
Real Estate Investment Trusts
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United States
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