EQR Stock Recent News

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.

EQR benefits from robust renter demand and strategic portfolio repositioning efforts. Yet, increased supply and elevated interest expenses pose challenges.

U.S. equity and bond markets posted their best week since the November election, as benchmark interest rates tumbled after inflation data showed surprisingly muted pressures in December. Closing the books on the Biden era, the Trump Administration assumes the reins next week of a U.S. economy that has seemingly "held it together" through a myriad of headwinds. The worst four years of inflation and the first decline in "real" consumer incomes since the late 1970s paradoxically coincided with a robust period of job growth and historically low unemployment.

CNBC's Diana Olick reports on REIT performance post-California wildfires.