Equity Residential

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.

Earnings data Q1 2021

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Equity Residential excels in 2022, eyes growth amid challenges

Equity Residential's strong 2022 performance and optimistic 2023 outlook reflect resilience and strategic foresight amidst market challenges and opportunities.
The company's focus on innovation, margin expansion, and market-specific strategies positions it well for growth and operational efficiency.
While facing challenges like regulatory impacts and market uncertainties, Equity Residential remains proactive in its approach to capitalize on opportunities and navigate potential risks.

Equity Residential (EQR) beats Q1 revenue expectations amidst market challenges

Equity Residential (EQR) delivered strong Q1 results, outperforming revenue expectations and showcasing resilience in key markets. While facing challenges in certain regions and higher expenses, the company remains focused on innovation, strategic acquisitions, and operational efficiency. Opportunities for growth include capital deployment strategies, acquisitions in slower markets, and diversification efforts.

Equity Residential reports raised guidance amid market challenges and opportunities

Equity Residential's Q2 2023 earnings call highlighted strong performance in key markets, with raised guidance for same-store NOI and NFFO. While challenges persist in the Seattle market, opportunities exist in capital allocation strategies and operational initiatives. The company faces the task of balancing urban and suburban portfolios amidst varying market conditions.

Equity Residential reports strong Q3 performance amidst regional market disparities

Equity Residential's Q3 performance showcased regional disparities in market conditions, with a focus on maintaining financial stability and mitigating risks. The company remains cautious yet optimistic about future revenue outlook and operational efficiencies.

Equity Residential posts strong Q4 results, eyes East Coast growth

Equity Residential remains cautiously optimistic for Northeast markets while acknowledging challenges in Sunbelt markets. The company is focused on managing supply pressure, maintaining occupancy levels, and leveraging data science for better results.

Equity Residential posts strong Q1 results amidst market challenges

Equity Residential delivered strong financial performance in Q1 2024, driven by revenue growth and effective expense management.
While facing challenges such as potential nonresidential drag and market uncertainties, the company is poised to capitalize on opportunities for growth and improvement.
With a focus on operational efficiency and strategic decision-making, Equity Residential aims to navigate market dynamics and deliver value to stakeholders.

Equity Residential (EQR) reports solid Q2 performance and eyes acquisitions for growth

EQR's Q2 2024 earnings call highlighted strong revenue performance, challenges in certain expansion markets, and opportunities in acquisitions and operational enhancements. The company is open to both buying existing assets and development opportunities, leaning towards acquisitions for now.

Equity Residential reports solid Q3 performance, eyes tech-driven expansion markets

Equity Residential's Q3 call highlighted strong performance, strategic acquisitions in expansion markets, and focus on operational efficiency. Management addressed challenges in market dynamics, debt management, and lease spreads while emphasizing growth opportunities in tech-driven markets. The company's shift towards Sunbelt markets reflects a strategic response to changing demographics and regulatory risks.

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Equity Residential is a real estate investment trust, which 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.

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Rents Are Falling -- Is This a Problem for Equity Residential?

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CHICAGO--( BUSINESS WIRE )--Equity Residential (NYSE: EQR) today announced that the Company will release its fourth quarter 2022 operating results on Thursday, February 9, 2023 after the close of market and host a conference call to discuss those results on Friday, February 10, 2023 at 10:00 a.m. Central. The conference call will be available via web cast on the Investor section of www.equityapartments.com.

Equity Residential Announces Fourth Quarter 2022 Earnings Release Date

After a 35% share price decline in 2022, Equity Residential trades at an estimated 43% discount to replacement cost and a 31% discount to NAV. The company has a fortress balance sheet with net debt of just 4.5x net debt to EBITDA (a mere 25% Loan to Value, or LTV).

Equity Residential: Trading Very Cheap On Sam Zell's Favorite Valuation Metric

Despite average rent declines, the backdrop is still strong for this apartment REIT.

Apartment Rents Are Beginning to Fall. Is This Bad News for Equity Residential?

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EQR has high quality properties and is seeing strong leasing demand. It maintains a very strong balance sheet and the dividend is now at one of its highest yields over the past decade.

Equity Residential: Why Now Is A Terrific Time To Buy

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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 the Nareit REITWorld Annual Conference on Tuesday and Wednesday, November 15 and 16, 2022. In connection with this event, the Company has issued an Investor Update which can be found in the Investor section of the Company's website at www.equityapartments.com.

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Equity Residential has benefited from record rental rates applied on an affluent tenant base working in knowledge-based industries with continuous income growth. While Q3FY22 results exhibited robust growth and continued strength in overall portfolio metrics, moderation was evident. And this was paired with increased turnover rates.

Equity Residential: Declining Home Prices Will Create A Headwind To Rate Growth

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Equity Residential (NYSE:EQR ) Q3 2022 Results Conference Call October 26, 2022 11:00 AM ET Company Participants Marty McKenna - Investor Relations Mark Parrell - President and Chief Executive Officer Michael Manelis - Chief Operating Officer Bob Garechana - Chief Financial Officer Conference Call Participants Nick Joseph - Citi Steve Sakwa - Evercore ISI Nick Yulico - Scotiabank Chandni Luthra - Goldman Sachs Haendel St. Juste - Mizuho Rich Anderson - SMBC Robyn Luu - Green Street Joshua Dennerlein - Bank of America John Kim - BMO Capital Markets Michael Goldsmith - UBS Connor Mitchell - Piper Sandler Adam Kramer - Morgan Stanley Linda Tsai - Jefferies Operator Good day, and welcome to the Equity Residential Third Quarter '22 Earnings Conference Call. Today's conference is being recorded.

Equity Residential (EQR) Q3 2022 Earnings Call Transcript

Equity Residential's (EQR) Q3 results reflect better-than-anticipated rental income. The company experiences healthy demand during the primary leasing season.

Equity Residential (EQR) Tops Q3 FFO Mark, Narrows '22 View

Equity Residential (EQR) delivered FFO and revenue surprises of 1.10% and 0.14%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Equity Residential (EQR) Q3 FFO and Revenues Top Estimates

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and nine months ended September 30, 2022 and has posted a Q3 2022 Management Presentation to its website as referenced below.

Equity Residential Reports Third Quarter 2022 Results

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR), a recognized leader in Environmental, Social and Governance (ESG) principles, today announced the publication of its 2022 ESG Report.

Equity Residential Issues 2022 ESG Report

Equity Residential's (EQR) Q3 results are likely to benefit from the healthy demand for its apartment units and portfolio diversification, despite seasonality setting in later in the quarter.

What's in Store for Equity Residential (EQR) in Q3 Earnings?

Equity Residential (EQR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

News for Equity Residential Stock (EQR)