Erp Operating LTD Partnership (EQR)

Equity Residential operates as a real estate investment trust. It engages in the acquisition, development, and management of rental apartment properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The company was founded by Robert H. Lurie and Sam Zell in March 1993 and is headquartered in Chicago, IL.

Company profile

Ticker

EQR

Exchange

NYSE

Website

www.equityapartments.com

CEO

Mark J. Parrell

Incorporated

Maryland

Location

Illinois

Fiscal year end

Dec 31

Sector

Finance > Real Estate Investment Trusts

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • AGNC Investment • Simon Property • VEREIT • Prologis • Vornado Realty Trust • Vornado Realty • Welltower • Healthpeak Properties • Invesco Mortgage Capital ...

SEC CIK

0000931182

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

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 Town Center III (Borrower) GP LLC ...

News

From Benzinga Pro

Analyst Ratings for Equity Residential

11 Aug 22

Within the last quarter, Equity Residential (NYSE:EQR) has observed the following analyst ratings:

Morgan Stanley Maintains Equal-Weight on Equity Residential, Raises Price Target to $83

11 Aug 22

Morgan Stanley analyst Richard Hill maintains Equity Residential (NYSE:EQR) with a Equal-Weight and raises the price target from $75 to $83.

Peering Into Equity Residential's Recent Short Interest

3 Aug 22

Equity Residential's (NYSE:EQR) short percent of float has risen 6.96% since its last report. The company recently reported that it has 4.50 million shares sold short, which is 1.23% of all regular shares that are available for trading.

UBS Maintains Buy on Equity Residential, Raises Price Target to $91

29 Jul 22

RBC Capital Maintains Outperform on Equity Residential, Raises Price Target to $82

28 Jul 22

Press releases

From Benzinga Pro

Equity Residential Reports Second Quarter 2022 Results

26 Jul 22

Robust Demand and Continued Strong Cost Controls Drive Guidance Improvements Equity Residential (NYSE:EQR) today reported results for the quarter and six months ended June 30, 2022. Second Quarter 2022 Results All

Equity Residential Announces Second Quarter 2022 Earnings Release Date

5 Jul 22

Equity Residential (NYSE:EQR) today announced that the Company will release its second quarter 2022 operating results on Tuesday, July 26, 2022 after the close of market and host a conference call to discuss those

Equity Residential Declares Second Quarter Dividends

16 Jun 22

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 second quarter of $0.625 per

Equity Residential to Participate in Nareit Investor Conference

3 Jun 22

Analyst ratings and price targets

Last 3 months

Average target

$79.78

Low target

$64.00

High target

$91.00

Financial summary

Financial statements Chart EQR financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
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)	118.65M	118.65M	118.65M	118.65M	118.65M	118.65M
Cash burn (monthly)	(no burn)	22.82M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	33.24M	n/a	n/a	n/a	n/a
Cash remaining	n/a	85.41M	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	3.7	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: advance, advantage, buffer, buyout, CA, capture, Chase, Chevy, Clara, climate, competitive, Confirmation, dislocation, environment, family, flexibility, Fort, gap, geopolitical, Highest, home, household, inflation, mandatory, master, MD, notice, product, Repaid, Santa, stronger, traditionally, TX, volatile

Removed: led

From filing 10-Q 2022 Q2

Financial reports

View all