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Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” - Barron's Weekly. In a Barron's interview, Steven Wieting, strategist at Citi Wealth, noted that a growing dividend is a tangible benefit for shareholders and a hallmark of companies with strong balance sheets. "Nobody can fake a dividend," he said.
Equity Residential focuses on premium apartment buildings in dynamic, high-income areas and growing, low-cost regions, benefiting from housing shortages and strong white-collar job markets. EQR reported solid Q4 2024 results, with an FFO of $1.00 per share and revenue of $766.78 million, surpassing analyst expectations. 2025 guidance indicates modest revenue growth of 2.25%-3.25% and higher expense growth, potentially shrinking margins; plans $1.5 billion in new property acquisitions.
Equity Residential. (NYSE:EQR ) Q4 2024 Earnings Conference Call February 4, 2025 11:00 AM ET Company Participants Marty McKenna - Vice President, Investor Relations Mark Parrell - President and Chief Executive Officer Alex Brackenridge - Chief Investment Officer Michael Manelis - Chief Operating Officer Robert Garechana - Chief Financial Officer Conference Call Participants Eric Wolfe - Citi Steve Sakwa - Evercore ISI John Pawlowski - Green Street Michael Goldsmith - UBS Anthony Paolone - JPMorgan James Feldman - Wells Fargo Julien Blouin - Goldman Sachs John Kim - BMO Capital Markets Haendel St. Juste - Mizuho Brad Heffern - RBC Jeffrey Spector - Bank of America Richard Hightower - Barclays Alexander Goldfarb - Piper Sandler Adam Kramer - Morgan Stanley Alex Kim - Zelman & Associates Linda Tsai - Jefferies Tayo Okusanya - Deutsche Bank Daniel Tricarico - Scotiabank Richard Anderson - Wedbush Operator Good day, and welcome to the Equity Residential Fourth Quarter 2024 Earnings Confere
EQR's Q4 results reflect same-store revenue growth, supported by low unit supply aiding high occupancy.
Although the revenue and EPS for Equity Residential (EQR) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Equity Residential (EQR) came out with quarterly funds from operations (FFO) of $1 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1 per share a year ago.
Equity Residential (EQR -0.43%), a leading player in the multifamily real estate sector, released its results for the fourth quarter on Feb. 3. Its earnings per share (EPS) of $1.10 beat the analysts' consensus of $0.41 by a wide margin.
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and year ended December 31, 2024 and has posted a Q4 2024 Management Presentation to its website as referenced below. Fourth Quarter 2024 Results All per share results are reported as available to common shares/units on a diluted basis. Quarter Ended December 31, 2024 2023 $ Change % Change Earnings Per Share (EPS) $ 1.10 $ 0.82 .
Despite high supply, EQR's Q4 results are likely to benefit from its portfolio diversification efforts and technology investments amid healthy demand.
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported the tax status of its 2024 dividends paid to shareholders. The final allocations as they will be reported on Form 1099-DIV are in the tables below: Record Date Payable Date Total Distribution Per Share Box 1a Total Box 1b Box 2a Box 2b Box 2e Box 2f Box3 Box 5 Ordinary Dividends Qualified Dividends1 Total Capital Gain Distr. Unrecap Sec. 1250 Gain2 Sec. 897OrdinaryDividends1 Sec. 897 Capital Gain2 Nondividend Distributions.