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
Website
CEO
Mark J. Parrell
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
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 Town Center III (Borrower) GP LLC ...
News

Analyst Ratings for Equity Residential
11 Aug 22
Morgan Stanley Maintains Equal-Weight on Equity Residential, Raises Price Target to $83
11 Aug 22
Peering Into Equity Residential's Recent Short Interest
3 Aug 22
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
Analyst ratings and price targets
Current price
Average target
$79.78
Low target
$64.00
High target
$91.00
Morgan Stanley
Maintains
$83.00
UBS
Maintains
$91.00
RBC Capital
Maintains
$82.00
Piper Sandler
Downgraded
$70.00
Jefferies
Maintains
$64.00
Mizuho
Maintains
$79.00
Truist Securities
Maintains
$79.00
Credit Suisse
Initiated
$80.00
Scotiabank
Maintains
$90.00
Calendar
29 Jul 22
12 Aug 22
31 Dec 22
Financial summary
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 |
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
Financial reports
Current reports
8-K
Entry into a Material Definitive Agreement
18 May 22
8-K
Other Events
5 Aug 21
8-K
Entry into a Material Definitive Agreement
24 Mar 21
8-K
Equity Residential Appoints Angela Aman to Board of Trustees
17 Dec 20
8-K
Equity Residential Announces the Planned Retirement of CIO Alan W. George
27 Feb 20
8-K
Equity Residential Appoints T. Zia Huque to Board of Trustees
20 Nov 19
8-K
Equity Residential Announces $2.5 Billion Revolving Credit Facility and Increase to its Commercial Paper Program
4 Nov 19
8-K
Other Events
22 Aug 19
8-K
Departure of Directors or Certain Officers
1 Jul 19
8-K
Other Events
20 Jun 19
Registration and prospectus
S-3ASR
Automatic shelf registration
17 May 22
424B2
Prospectus for primary offering
4 Aug 21
FWP
Free writing prospectus
3 Aug 21
424B5
Prospectus supplement for primary offering
3 Aug 21
424B2
Prospectus for primary offering
21 Aug 19
FWP
Free writing prospectus
20 Aug 19
424B5
Prospectus supplement for primary offering
20 Aug 19
424B2
Prospectus for primary offering
18 Jun 19
FWP
Free writing prospectus
17 Jun 19
424B5
Prospectus supplement for primary offering
17 Jun 19
Other
UPLOAD
Letter from SEC
7 Jun 12
CORRESP
Correspondence with SEC
4 Jun 12
UPLOAD
Letter from SEC
28 May 12
CORRESP
Correspondence with SEC
2 May 12
UPLOAD
Letter from SEC
25 Apr 12
CORRESP
Correspondence with SEC
4 Apr 12
UPLOAD
Letter from SEC
21 Mar 12
UPLOAD
Letter from SEC
22 May 11
UPLOAD
Letter from SEC
14 May 11
CORRESP
Correspondence with SEC
5 May 11
Reddit threads
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
Best individual dividend stocks for a Roth IRA?
15 Jul 22
I want to diversify. Can you recommend some good REITs? Or some good REIT ETFs?
9 Jul 22
229 S&P500 companies ($21.6t in market cap, 61.8%) report earnings in the next ~30 days
25 Jun 22
Daily Discussion Thread - June 24th, 2022
24 Jun 22
What are the best residential REITs to invest in so lifelong renters can get exposure to residential real estate the way homeowners do?
23 Jun 22
Daily Discussion Thread - June 23rd, 2022
23 Jun 22
(6/22) Wednesday's Pre-Market Stock Movers & News
22 Jun 22
(6/22) Wednesday's Pre-Market Stock Movers & News
22 Jun 22