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.
Equity Residential (NYSE: EQR) will announce its Q3 2022 operating results on October 25, 2022, after market close. A conference call for discussing these results is scheduled for October 26, 2022, at 10:00 a.m. Central. The call will be accessible via webcast on the investor section of their website.
Equity Residential focuses on acquiring and managing residential properties in major cities, with investments in 309 properties and 79,730 apartment units.
Equity Residential (NYSE: EQR) has declared its third-quarter common share dividend of
Equity Residential (NYSE: EQR) announced participation in the Bank of America Securities 2022 Global Real Estate Conference on September 13, 2022, at 1:10 p.m. CT. Senior management, including CEO Mark J. Parrell, will engage in a roundtable discussion. The event will be available via live webcast, accessible through the Presentations section on the company’s website. An operating update was previously issued on August 31, 2022, found in the Press Releases section of the Investor area.
Equity Residential (NYSE: EQR) and Toll Brothers (NYSE: TOL) have announced a partnership to develop three luxury rental communities in the Dallas/Ft. Worth area, totaling 1,053 units. This strategic collaboration is the first under a joint venture established in 2021, with EQR investing 75% and TOL 25% of equity per project. The total investment is projected at approximately $750 million in equity, potentially reaching $1.9 billion with financing. The developments are situated in prime neighborhoods and aim to capture the affluent renter market.
Equity Residential (NYSE: EQR) provided an update on its same-store residential operating trends, indicating that revenue growth is on track to meet or exceed guidance. The company is experiencing strong demand and pricing for apartments, with peak rents expected in early August 2022. Key metrics include a blended rate of 11.8% for August and physical occupancy of 96.6%. The report highlights a healthy renewal rate, with 52% of residents renewing monthly leases. The company owns 309 properties with 79,730 units across major U.S. cities.
Equity Residential (EQR) reported its Q2 2022 earnings, showing a 29.8% decrease in EPS at $0.59 compared to $0.84 in 2021. However, FFO per share increased by 14.1% to $0.89, while Normalized FFO rose by 23.6% to $0.89. The company revised its 2022 revenue guidance from 9.0% to 10.5% and NOI guidance to 13.75%-14.75%. Q2 same-store revenue grew by 13.6%, supported by strong occupancy and pricing power. The company sold properties totaling $680.7 million in New York during 2022.
Equity Residential (NYSE: EQR) announced it will release its second quarter 2022 operating results on July 26, 2022, after the market close. A conference call to discuss these results is scheduled for July 27, 2022, at 10:00 a.m. Central. The call will be accessible via webcast on the Investor section of www.equityapartments.com. Equity Residential is a member of the S&P 500, managing 310 properties with 80,227 apartment units in key markets including Boston, New York, and Washington, D.C.
Equity Residential (NYSE: EQR) has declared quarterly dividends on its common and preferred shares. A common share dividend of $0.625 per share is set for payment on July 8, 2022, to shareholders on record by June 27, 2022. Additionally, a quarterly dividend of $1.03625 per share for Series K Preferred Shares will be paid on June 30, 2022, to shareholders on record by June 17, 2022. Equity Residential focuses on acquiring and managing residential properties in major U.S. cities, operating 310 properties with 80,227 apartment units.
Equity Residential (NYSE: EQR) announced that its President and CEO, Mark J. Parrell, will participate in a roundtable presentation at the Nareit REIT Week 2022 Investor Conference on June 7 at 11:45 a.m. ET. The presentation will be web cast live, accessible via the Company's website. Equity Residential is a leading residential real estate company with investments in 311 properties and 80,581 apartment units, primarily in Boston, New York, Washington, D.C., Seattle, San Francisco, and Southern California.
FAQ
What is the current stock price of Equity Residential (EQR)?
What is the market cap of Equity Residential (EQR)?
What does Equity Residential do?
Where are Equity Residential's properties located?
How many properties does Equity Residential own?
How many apartment units does Equity Residential manage?
Is Equity Residential part of any major stock index?
What types of properties does Equity Residential focus on?
What are the latest developments by Equity Residential?
How does Equity Residential ensure high-quality living experiences?
What makes Equity Residential unique in the real estate market?
How can I stay updated with the latest news from Equity Residential?
