equity residential is committed to creating communities where people thrive. the company, a member of the s&p 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. equity residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in boston, new york, washington, d.c., seattle, san francisco, southern california and denver.

Company profile
Ticker
EQR
Exchange
Website
CEO
Mark Parrell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
EQUITY RESIDENTIAL PROPERTIES TRUST
SEC CIK
Corporate docs
Subsidiaries
1145 Acquisition, L.L.C. • 303 Third SPE LLC • 303 Third Street Developer LLC • 303 Third Street Venture I LLC • 303 Third Venture I SPE LLC • 777 Sixth Avenue Owner LLC • Alban Towers LLC • Amberton Apartments, L.L.C. • ANE Associates, L.L.C. • API Emeryville Parkside LLC ...
IRS number
363877868
EQR stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Equity Residential Provides Operating Update
6 Sep 23
10-Q
2023 Q2
Quarterly report
2 Aug 23
8-K
Second Quarter 2023 Results
27 Jul 23
8-K
Submission of Matters to a Vote of Security Holders
20 Jun 23
DEFA14A
Additional proxy soliciting materials
19 May 23
8-K
Other Events
18 May 23
10-Q
2023 Q1
Quarterly report
28 Apr 23
8-K
First Quarter 2023 Results
25 Apr 23
ARS
2022 FY
Annual report to shareholders
18 Apr 23
DEFA14A
Additional proxy soliciting materials
18 Apr 23
Transcripts
EQR
Earnings call transcript
2023 Q2
28 Jul 23
EQR
Earnings call transcript
2023 Q1
26 Apr 23
EQR
Earnings call transcript
2022 Q4
10 Feb 23
EQR
Earnings call transcript
2021 Q4
2 Feb 22
EQR
Earnings call transcript
2021 Q2
28 Jul 21
EQR
Earnings call transcript
2020 Q2
29 Jul 20
EQR
Earnings call transcript
2020 Q1
7 May 20
EQR
Earnings call transcript
2019 Q4
29 Jan 20
EQR
Earnings call transcript
2019 Q3
23 Oct 19
EQR
Earnings call transcript
2019 Q2
31 Jul 19
Latest ownership filings
144
Notice of proposed sale of securities
15 Sep 23
4
DAVID J NEITHERCUT
24 Aug 23
4
Ian Kaufman
16 Aug 23
4
Michael L Manelis
15 Aug 23
144
Notice of proposed sale of securities
11 Aug 23
4
STEPHEN E STERRETT
20 Jun 23
4
MARK S SHAPIRO
20 Jun 23
4
DAVID J NEITHERCUT
20 Jun 23
4
JOHN E NEAL
20 Jun 23
4
Tahsinul Zia Huque
20 Jun 23
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 124.64 mm | 124.64 mm | 124.64 mm | 124.64 mm | 124.64 mm | 124.64 mm |
Cash burn (monthly) | 31.48 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 97.91 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 26.73 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 0.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
81.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 586 |
Opened positions | 79 |
Closed positions | 51 |
Increased positions | 199 |
Reduced positions | 206 |
13F shares | Current |
---|---|
Total value | 21.17 tn |
Total shares | 321.06 mm |
Total puts | 498.10 k |
Total calls | 505.70 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 57.02 mm | $3.76 tn |
BLK Blackrock | 40.37 mm | $2.66 tn |
STT State Street | 25.02 mm | $1.67 tn |
T. Rowe Price | 18.39 mm | $1.22 tn |
APG Asset Management US | 11.70 mm | $771.70 bn |
JPM JPMorgan Chase & Co. | 10.74 mm | $708.46 bn |
Resolution Capital | 9.37 mm | $618.30 bn |
First Eagle Investment Management | 8.89 mm | $586.40 bn |
Geode Capital Management | 7.98 mm | $525.35 bn |
MCQEF Macquarie | 7.41 mm | $488.91 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Aug 23 | Neithercut David J | Operating Partnership Units Common Shares Of Beneficial Interest | Gift | Acquire G | No | No | 0 | 1,052 | 0.00 | 420,604 |
22 Aug 23 | Neithercut David J | Operating Partnership Units Common Shares Of Beneficial Interest | Gift | Dispose G | Yes | No | 0 | 1,052 | 0.00 | 934 |
22 Aug 23 | Neithercut David J | Operating Partnership Units Common Shares Of Beneficial Interest | Gift | Acquire G | Yes | No | 0 | 1,375 | 0.00 | 1,986 |
22 Aug 23 | Neithercut David J | Operating Partnership Units Common Shares Of Beneficial Interest | Gift | Dispose G | Yes | No | 0 | 1,375 | 0.00 | 93,050 |
22 Aug 23 | Neithercut David J | Operating Partnership Units Common Shares Of Beneficial Interest | Gift | Acquire G | No | No | 0 | 1,408 | 0.00 | 419,552 |
22 Aug 23 | Neithercut David J | Operating Partnership Units Common Shares Of Beneficial Interest | Gift | Dispose G | Yes | No | 0 | 1,408 | 0.00 | 7 |
22 Aug 23 | Neithercut David J | Operating Partnership Units Common Shares Of Beneficial Interest | Gift | Acquire G | Yes | No | 0 | 1,375 | 0.00 | 1,415 |
22 Aug 23 | Neithercut David J | Operating Partnership Units Common Shares Of Beneficial Interest | Gift | Dispose G | Yes | No | 0 | 1,375 | 0.00 | 94,425 |
14 Aug 23 | Ian Kaufman | Common Shares Of Beneficial Interest | Grant | Acquire A | No | No | 55.11 | 29 | 1.60 k | 19,965 |
11 Aug 23 | Michael L Manelis | Common Shares Of Beneficial Interest | Sell | Dispose S | No | No | 66.04 | 2,500 | 165.10 k | 22,844 |
News
The Latest Analyst Ratings for Equity Residential
26 Sep 23
Mizuho Maintains Buy on Equity Residential, Lowers Price Target to $62
26 Sep 23
Equity Residential: Dividend Insights
20 Sep 23
Benzinga's Top Ratings Upgrades, Downgrades For September 5, 2023
5 Sep 23
Analyst Expectations for Equity Residential's Future
5 Sep 23