Stock analysis, trade plans, and proprietary indicators by Trend Edge.
About Equity Residential
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, owns and manages 312 rental properties consisting of 85,190 apartment units in dynamic metro areas across the U.S. with a primary concentration in major coastal markets, diversified by a targeted presence in the high-growth metro areas of Atlanta, Austin, Dallas/Ft. Read full Trend Edge analysis →
Sector: Real Estate
Industry: REIT-Residential
Exchange: NYSE
IPO Date: August 11, 1993
Headquarters: Two North Riverside Plaza, Chicago, IL, United States, 60606-2609
Hidden Gem: Yes — undiscovered relative to its market cap tier
Founder-Led: No
Key Metrics
Current Price
$66.13
Market Cap
$25.41B
Float
336.9M
Shares Outstanding
374.7M
P/E (Forward)
49.75
P/E (TTM)
26.30
Price/Sales (TTM)
8.16
vs. Analyst Target
+6.9% to analyst PT
Profit Margin
30.63%
Operating Margin (TTM)
27.40%
Revenue (TTM)
$3.11B
Earnings Growth (YoY)
-64.60%
Dividend Rate
2.8%
Analyst Target Price
$70.68 (25 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$2.57B
$914M
$1.66B
$1.61B
2021
$2.46B
$1.33B
$1.52B
$1.46B
2022
$2.74B
$777M
$1.75B
$1.71B
2023
$2.87B
$835M
$2.18B
$1.16B
2024
$2.98B
$1.04B
$1.89B
$1.84B
2025
$3.10B
$1.12B
$1.44B
$2.34B
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Jun 2025
$769M
$192M
Sep 2025
$782M
$289M
Dec 2025
$789M
$382M
Mar 2026
$780M
$90.1M
Ownership & Float
Insider Ownership
0.6%
Institutional Ownership
99.1%
Short Float
3.4%
% of All Funds Holding
8.04%
Number of Funds Holding
661
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$63.20
Near-term / short-term trend
Weekly
40-Week SMA
$62.55
Medium-term trend
Weekly
80-Week SMA
$65.94
Cyclical trend (business cycle)
Weekly
200-Week SMA
$65.29
Secular trend (multi-year)
Monthly
10-Month SMA
$63.13
Near-term monthly trend
Monthly
20-Month SMA
$66.88
Medium-term monthly trend
Monthly
40-Month SMA
$65.35
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Equity Residential
(EQR) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.