Equity Residential Price, Forecast, Insider, Ratings, Fundamentals & Signals

Chicago--(business wire)--equity residential (nyse: eqr) today reported results for the quarter ended march 31, 2024. first quarter 2024 results all per share results are reported as available to common shares/units on a diluted basis.                                     quarter ended march 31,           2024     2023     $ change     % change       earnings per share (eps)   $ 0.77     $ 0.56     $ 0.21       37.5 %     funds from operations (ffo) per share   $ 0.87     $ 0.85     $ 0.02      .

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.

Chicago--(business wire)--equity residential (nyse: eqr) today announced the appointment of ann c. hoff and nina p. jones to the company's board of trustees to serve until the next annual meeting of shareholders. both ms. hoff and ms. jones qualify as independent trustees under the new york stock exchange's listing standards. ms. hoff will serve on the audit committee and ms. jones will serve on both the audit and corporate governance committees. with these appointments, the company's board wil.

Chicago--(business wire)--equity residential (nyse: eqr) today announced that its board of trustees declared quarterly dividends on the company's common and preferred shares. a regular common share dividend for the first quarter of $0.675 per share will be paid on april 12, 2024 to shareholders of record on march 25, 2024. the annualized dividend of $2.70 per share is a 2% increase over the company's 2023 common share dividend. “we are focused on creating long-term value for our shareholders an.

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 a roundtable presentation at the 2024 citi global property ceo conference on monday, march 4 at 2:10 p.m. et. the event will be web cast live. a link to the web cast will be available in the presentations section of the investor section of the company's website at www.equityapartments.com. t.

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.

U.S. equity markets rebounded from their worst weekly decline in a year despite a continued uplift in benchmark interest rates, as a solid start to earnings season counteracted disappointing economic data. Ahead of the Fed's policy meeting in the week ahead, markets were confounded - albeit temporarily - by a "jarring" GDP report that showed a return of "stagflationary" trends. Defying the macro headwinds to post its best week since November, the S&P 500 rallied 2.8% on the week - erasing essentially all of its declines in the prior week.

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.

Stocks never really stay put. Every once in a small timeframe cycle, they tend to jump and have little ‘hiccups'.

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.