EQR Stock Recent News

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that members of the Company's senior management team, including the Company's President and CEO, Mark J. Parrell, will participate in meetings with investors and analysts at the Nareit REITWeek 2024 Investor Conference. In connection with these meetings, the Company has posted an updated Investor Presentation to the Investor section of the Company's website at www.equityapartments.com. Operating Update The Company's Earnin.

The spread between apartment REIT cap rates and the US 10-year treasury is narrower than usual, signalling downward pressure for the stock price of Equity Residential. The current macroeconomic environment has directly increased the cost to finance acquisitions for EQR. Unsurprisingly, EQR did not make any acquisitions in Q1. Employing an enterprise perspective, EQR is trading at a cap rate that is below its cost of capital. Investors should wait until conditions rebalance and the spread is positive.

Equity Residential's (EQR) Q1 results highlight healthy demand and cost containment efforts.

The headline numbers for Equity Residential (EQR) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Equity Residential (EQR) came out with quarterly funds from operations (FFO) of $0.93 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to FFO of $0.87 per share a year ago.

Equity Residential's (EQR) Q1 results are likely to benefit from its portfolio diversification efforts and technology investments amid healthy demand, though high supply is likely to have played a spoilsport.

Equity Residential (EQR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Get a deeper insight into the potential performance of Equity Residential (EQR) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its first quarter 2024 operating results on Tuesday, April 23, 2024 after the close of market and host a conference call to discuss those results on Wednesday, April 24, 2024 at 10:00 a.m. Central. The conference call will be available via web cast on the Investor section of www.equityapartments.com. About Equity Residential Equity Residential is committed to creating communities where people.

Equity Residential (EQR) is poised to benefit from its dominating presence in key markets, technology initiatives to drive margin and decent financial position despite elevated supply and high interest rates.