Equity Residential (EQR)

1145 Acquisition, L.L.C. • 200 Quannapowitt Owner, LLC • 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 • 9CO Block 7, Lot 1 Condominium Association, Inc. • Alameda Block 9 LP • Alban Towers LLC ...

IRS number

363877868

EQR stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$80.50

Low target

$78.00

High target

$83.00

B of A Securities

Downgraded

Neutral

$82.00

24 Sep 24

Latest filings (excl ownership)

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8-K

Departure of Directors or Certain Officers

4 Nov 24

Third Quarter 2024 Results

30 Oct 24

8-K

Amendments to Articles of Incorporation or Bylaws

Equity Residential to Participate in Bank of America 2024 Global Real Estate Conference

9 Sep 24

8-K

Equity Residential Provides Operating Update

1 Aug 24

Second Quarter 2024 Results

29 Jul 24

8-K

Submission of Matters to a Vote of Security Holders

25 Jun 24

Transcripts

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EQR

Earnings call transcript

2024 Q3

31 Oct 24

EQR

Earnings call transcript

2024 Q2

30 Jul 24

EQR

Earnings call transcript

2024 Q1

24 Apr 24

EQR

Earnings call transcript

2023 Q4

31 Jan 24

EQR

Earnings call transcript

2023 Q3

1 Nov 23

EQR

Earnings call transcript

2023 Q2

28 Jul 23

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

Latest ownership filings

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Ian Kaufman

18 Nov 24

SC 13G/A

PRICE T ROWE ASSOCIATES INC /MD/

Notice of proposed sale of securities

Notice of proposed sale of securities

28 Aug 24

Alexander Brackenridge

Financial summary

Financial statements Chart EQR financial data

Quarter (USD)	Mar 24	Dec 23	Sep 23	Jun 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
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)	196.56 mm	196.56 mm	196.56 mm	196.56 mm	196.56 mm	196.56 mm
Cash burn (monthly)	(no burn)	1.88 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	16.44 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	180.12 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	96.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

EQR institutional ownership history Ownership history

92.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	637	562	+13.3%
Opened positions	128	146	-12.3%
Closed positions	53	93	-43.0%
Increased positions	241	171	+40.9%
Reduced positions	173	149	+16.1%

13F shares	Current	Prev Q	Change
Total value	22.46 tn	17.50 tn	+28.3%
Total shares	350.93 mm	305.03 mm	+15.0%
Total puts	321.40 k	228.50 k	+40.7%
Total calls	493.60 k	189.20 k	+160.9%
Total put/call ratio	0.7	1.2	-46.1%

Largest owners	Shares	Value	Change
Vanguard	55.87 mm	$3.87 tn	-2.0%
BLK BlackRock	38.42 mm	$2.66 tn	-4.2%
Norges Bank	35.12 mm	$2.44 tn	NEW
STT State Street	23.60 mm	$1.64 tn	-0.4%
T. Rowe Price	19.99 mm	$1.39 bn	-1.4%
APG Asset Management US	11.57 mm	$788.26 bn	-0.3%
JPM JPMorgan Chase & Co.	9.84 mm	$682.34 bn	+4.1%
First Eagle Investment Management	9.30 mm	$644.96 bn	-0.4%
Geode Capital Management	9.22 mm	$637.90 bn	+6.7%
Resolution Capital	7.83 mm	$542.64 bn	+3.2%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	35.12 mm	+35.12 mm	NEW
D1 Capital Partners	0.00	-6.93 mm	EXIT
PFG Principal Financial	7.15 mm	+5.93 mm	+482.3%
Charles Schwab Investment Management	3.88 mm	+3.88 mm	NEW
BAC Bank of America	1.73 mm	+1.73 mm	NEW
BLK BlackRock	38.42 mm	-1.70 mm	-4.2%
FMR	6.00 mm	+1.59 mm	+36.0%
IVZ Invesco	7.12 mm	+1.40 mm	+24.5%
Millennium Management	1.23 mm	+1.23 mm	NEW
Adelante Capital Management	1.15 mm	+1.15 mm	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

EQR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
14 Nov 24	Ian Kaufman	Common Shares Of Beneficial Interest	Grant	Acquire A	No	No	62.11	31	1.93 k	22,354
7 Nov 24	Michael L Manelis	Common Shares Of Beneficial Interest	Sell	Dispose S	No	No	71.5	2,000	143.00 k	26,053
18 Sep 24	Neithercut David J	Operating Partnership Units Common Shares Of Beneficial Interest	Gift	Acquire G	No	No	0	949	0.00	422,826
18 Sep 24	Neithercut David J	Operating Partnership Units Common Shares Of Beneficial Interest	Gift	Dispose G	Yes	No	0	949	0.00	1,255
18 Sep 24	Neithercut David J	Operating Partnership Units Common Shares Of Beneficial Interest	Gift	Acquire G	Yes	No	0	1,270	0.00	2,204
18 Sep 24	Neithercut David J	Operating Partnership Units Common Shares Of Beneficial Interest	Gift	Dispose G	Yes	No	0	1,270	0.00	90,510
18 Sep 24	Neithercut David J	Operating Partnership Units Common Shares Of Beneficial Interest	Gift	Acquire G	No	No	0	1,273	0.00	421,877
18 Sep 24	Neithercut David J	Operating Partnership Units Common Shares Of Beneficial Interest	Gift	Dispose G	Yes	No	0	1,273	0.00	4
18 Sep 24	Neithercut David J	Operating Partnership Units Common Shares Of Beneficial Interest	Gift	Acquire G	Yes	No	0	1,270	0.00	1,277
18 Sep 24	Neithercut David J	Operating Partnership Units Common Shares Of Beneficial Interest	Gift	Dispose G	Yes	No	0	1,270	0.00	91,780