Equity Residential
About: Equity Residential owns a portfolio of 311 apartment communities with around 84,000 units and is developing two additional properties with 655 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
Employees: 2,500
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
85% more call options, than puts
Call options by funds: $45.9M | Put options by funds: $24.8M
27% more funds holding in top 10
Funds holding in top 10: 11 [Q3] → 14 (+3) [Q4]
21% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 67
11% more repeat investments, than reductions
Existing positions increased: 253 | Existing positions reduced: 227
10.38% more ownership
Funds ownership: 83.07% [Q3] → 93.45% (+10.38%) [Q4]
8% more capital invested
Capital invested by funds: $23.5B [Q3] → $25.4B (+$1.98B) [Q4]
0% more funds holding
Funds holding: 665 [Q3] → 667 (+2) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Truist Securities Michael Lewis 40% 1-year accuracy 12 / 30 met price target | 13%upside $78 | Buy Maintained | 10 Mar 2025 |
Scotiabank Nicholas Yulico 36% 1-year accuracy 15 / 42 met price target | 15%upside $79 | Sector Perform Maintained | 14 Feb 2025 |
Evercore ISI Group Steve Sakwa 36% 1-year accuracy 17 / 47 met price target | 10%upside $76 | In-Line Maintained | 10 Feb 2025 |
Wells Fargo James Feldman 53% 1-year accuracy 10 / 19 met price target | 9%upside $75 | Equal-Weight Maintained | 24 Jan 2025 |
Barclays Richard Hightower 41% 1-year accuracy 9 / 22 met price target | 15%upside $79 | Overweight Maintained | 24 Jan 2025 |
Financial journalist opinion
Based on 12 articles about EQR published over the past 30 days









