Equity Residential (NYSE: EQR) Stock Update and Future Outlook
Equity ResidentialEquity Residential(US:EQR) Financial Modeling Prep·2026-02-09 19:03

Core Viewpoint - Equity Residential (EQR) is a leading real estate investment trust (REIT) focused on high-quality apartment properties in urban and high-density suburban areas, primarily in major coastal cities, competing with other large REITs like AvalonBay Communities and Essex Property Trust [1] Group 1: Company Performance - In 2025, EQR faced challenges due to uneven demand and increased new supply in certain markets, but remains optimistic about 2026, anticipating a decrease in competitive deliveries and aiming to maintain high portfolio occupancy [3][6] - EQR's same-store net operating income (NOI) for 2025 aligned with initial guidance, with strong rental growth in coastal markets, particularly in San Francisco and New York, despite midyear revenue momentum slowing due to policy and geopolitical uncertainties [4][6] Group 2: Stock Performance and Analyst Ratings - On February 9, 2026, Cantor Fitzgerald adjusted its rating for EQR to Neutral, maintaining a hold action, while raising the price target from $61 to $64, indicating cautious optimism about the company's future performance [2][6] - As of the latest update, EQR's stock price is $63.89, reflecting a 3.43% increase, with a market capitalization of approximately $24.31 billion and a trading volume of 3,794,591 shares [5]

Equity Residential (NYSE: EQR) Stock Update and Future Outlook - Reportify