Equity Residential (EQR)
NYSEReal EstateReit - ResidentialSnapshot 2026-10-29
$65.35+0.60%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - ResidentialSnapshot 2026-10-29
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Put EQR beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Primary pillar under pressure — Same store expense growth controlled below 4% YoY: Direct metric needs a verified mapping.
View ThesisRevenue is contracting — down about 8% over the past year.
View GrowthMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationRelatively steady — typically moves about 1% a day.
View RiskEQR rests on strong recent financial performance, although revenue growth remains modest. Revenue grew 1.9% year over year in Q2 FY2026. The prior quarter's revenue grew 2.2%, and EPS beat estimates. No valuation bridge or priced-in assessment is available to anchor the market's expectations. The specific concern is whether same-store expense growth remains below 4% year over year. That pillar is under pressure because its metric mapping needs verification. Our model puts the next-quarter miss probability near 32%. The thesis is on watch; no valuation-read phrase is available.
Trailing returns as of 2026-09-04. EQR is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 20 analysts currently covering EQR (as of Aug 2026).
Based on 3 Wall Street analysts offering 12-month price targets for EQR in the last 4 months.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| EQR Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 0 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Multi-Family Residential REITs — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put EQR next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Complete merger with AvalonBay Communities
Merger approval directly supports growth objectives.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $65.35
The last 12 months of price, then the range of analyst 12-month targets from today’s $65.35.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Around the middle on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Complete merger with AvalonBay Communities
Merger approval directly supports growth objectives.
Advances: Complete merger with AvalonBay Communities
Name announcement confirms merger progress and strategic alignment.
Advances: Complete merger with AvalonBay Communities
Merger completion aligns with growth objectives.
Advances: Drive same store revenue and NOI growth
Q2 FFO beat supports revenue and NOI growth objectives.
Threatens: Focus on same store revenue growth
Expenses mounting could hinder same store revenue growth.
Merger enhances growth potential and market position.
Potential merger could significantly boost revenue growth.