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NYSE:EQR
This summary was created by AI, based on 1 opinions in the last 12 months.
Equity Residential (EQR-N) is recognized as the number one multi-family REIT, primarily operating in select coastal markets and increasingly in the US Sun Belt region. With a substantial market capitalization, the company is noted for its high-quality management and portfolio. However, the multi-family sector has faced challenges recently due to an influx of new supply, and the market has only begun to stabilize after significant shifts during COVID-19, where many individuals relocated. The company currently exhibits low pricing power and limited potential for appreciation in the near future. Although the stock is perceived as cheap, experts suggest holding off on investment until late 2026 or into 2027 to ascertain more favorable conditions.
This has gone through significant transactions over the last 2 years, going from the “everything” Reit in apartments, to really focusing on the coastal market. He prefers Camden Property Trust (CPT-N). The US apartment REITs have been flat, and there is a bit of concern that people will be buying houses instead of renting. This is fine for a Hold, but he wouldn’t hold your breath thinking it is going to leap up to new highs.
Equity Residential is a American stock, trading under the symbol EQR (previously EQR-N on Stockchase) on the New York Stock Exchange (EQR). It is usually referred to as NYSE:EQR or EQR
In the last year, no analyst issued a Buy, Sell, or Hold rating on EQR (previously EQR-N on Stockchase) on Stockchase. Read the latest expert commentary for Equity Residential.
Equity Residential was recommended as a Top Pick by Liz Miller on 2016-07-07. Read the latest stock experts ratings for Equity Residential.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Equity Residential.
Equity Residential is covered by Stockchase experts and is worth watching.
On 2026-06-18, Equity Residential (EQR) stock closed at a price of $64.16.
Multi-family REIT. Operates in only a handful of select coastal markets, increasingly in US Sun Belt. Very large market cap. High-quality management and portfolio.
Space has struggled since a lot of new supply came on. Through Covid a lot of people moved, and then it settled down. Very low pricing power in the space.
Doesn't see a lot of appreciation. Stock's cheap. Implied cap rate is in low-mid 6% range. You're paid to wait, but he wouldn't enter till later 2026 or into 2027.