Welcome to our dedicated page for Equity Residential news (Ticker: EQR), a resource for investors and traders seeking the latest updates and insights on Equity Residential stock.
Equity Residential (EQR) maintains its position as a leading real estate investment trust through strategic management of high-demand apartment communities across major U.S. markets. This news hub provides investors and stakeholders with essential updates on the company's operational milestones and market activities.
Access timely information about earnings reports, property acquisitions, management initiatives, and sustainability efforts. Our curated collection features official press releases and third-party analysis, offering multiple perspectives on EQR's performance in the competitive multifamily housing sector.
Key updates include quarterly financial results, portfolio expansion announcements, leadership changes, and community development projects. The resource enables users to track EQR's progress in maintaining occupancy rates, implementing operational efficiencies, and responding to urban housing trends.
Bookmark this page for continuous access to verified information about Equity Residential's market strategy. Combine these updates with broader industry analysis for comprehensive investment research in the residential REIT sector.
Equity Residential reported strong Q1 2025 results, exceeding guidance expectations. The company achieved a Normalized FFO per share of $0.95, up 2.2% from Q1 2024. Same store revenues increased 2.2%, while NOI grew 1.3% year-over-year.
Key highlights include:
- Record-low resident turnover of 7.9%
- Strong performance in New York and Washington D.C. markets
- Improvement in San Francisco and Seattle operations
- Physical occupancy at 96.5%
- Sale of two properties for $225.6 million
The company completed three development projects totaling 945 apartment units, with a combined cost of $438.5 million. Looking ahead, Q2 2025 guidance projects Normalized FFO per share between $0.96 and $1.00, maintaining a positive outlook despite economic uncertainty. Management emphasizes the resilience of their high-quality apartment rental business model and diversified portfolio strategy.
Equity Residential (NYSE: EQR) has scheduled its first quarter 2025 earnings announcement. The company will release its Q1 2025 operating results on Tuesday, April 29, 2025 after market close. A conference call to discuss the results will be held the following day, Wednesday, April 30, 2025 at 10:00 am Central time. Investors can access the conference call webcast through the Investor section of the company's website at www.equityapartments.com.
Equity Residential (NYSE: EQR) has announced a quarterly dividend increase, demonstrating strong financial performance. The company will pay a regular common share dividend of $0.6925 per share for the first quarter, payable on April 17, 2025, to shareholders of record on March 31, 2025.
The new annualized dividend of $2.77 per share represents a 2.6% increase over the Company's 2024 common share dividend. Additionally, a quarterly dividend of $1.03625 per share will be paid on March 31, 2025, to Series K Preferred Shares holders of record on March 21, 2025.
The company also announced its 2025 Annual Meeting of Shareholders, scheduled for June 26, 2025, at 8:00 a.m. CT. Shareholders of record as of March 31, 2025, will be eligible to vote at the meeting.
Equity Residential (NYSE: EQR) has announced it will host an Investor Day on Tuesday, February 25, 2025. The event will feature presentations from the company's management team focusing on three key areas:
- Portfolio optimization strategy and positive trends driving multifamily demand and supply in Equity Residential's markets
- Best-in-class operating platform and focus on innovation
- Well-positioned balance sheet to support growth
The Investor Day will begin at 1:00 PM ET and will be accessible via a live audio webcast. Both the webcast link and presentation slides will be made available on the Investors page of the company's website at www.equityapartments.com.
Equity Residential (NYSE: EQR) reported its Q4 2024 results with mixed performance metrics. The company's Q4 EPS increased 34.1% to $1.10, while FFO per share decreased 3.0% to $0.97. For the full year 2024, same store revenues grew 3.0%, with NOI increasing 3.1%.
During Q4 2024, EQR acquired three properties (795 units) for $274.3M and sold seven properties (1,629 units) for $610.1M. The company provided 2025 guidance projecting same store revenue growth between 2.25% and 3.25%, with NOI growth expected between 1.4% and 3.0%.
The Board approved a 2.6% increase in the 2025 annual dividend to $2.77 per share. For 2025, EQR expects to execute $1.5B in acquisitions and $1.0B in dispositions. The company anticipates Normalized FFO per share of $3.90 to $4.00 for 2025, compared to $3.89 in 2024.
Equity Residential (NYSE: EQR) has disclosed the tax treatment of its 2024 dividend distributions. For common shares, the total distribution of $2.687500 per share consists of $1.530947 in ordinary dividends and $1.156553 in capital gain distributions. The company paid quarterly dividends of $0.6625 (Q1) and $0.675 (Q2-Q4).
For Series K preferred shares, the total distribution of $4.145000 per share includes $2.361220 in ordinary dividends and $1.783780 in capital gain distributions, paid in four equal installments of $1.036250. The company reported no foreign taxes for 2024 and provided additional disclosures for Section 1061 purposes regarding one-year and three-year amounts for both common and preferred shares.
Equity Residential (NYSE: EQR) has announced its schedule for releasing fourth quarter 2024 operating results. The company will disclose its results on Monday, February 3, 2025, after the market closes. Following the release, a conference call will be held on Tuesday, February 4, 2025, at 10:00 am Central time to discuss the results. Investors can access the conference call via webcast through the Investor section of the company's website at www.equityapartments.com.
Equity Residential (NYSE: EQR) has achieved a significant milestone by becoming the first residential REIT to be included in both the Dow Jones Sustainability World and North America Indices. This prestigious recognition places EQR among only four U.S. REITs featured in both indices, which are compiled by S&P Global through its Corporate Sustainability Assessment to identify global sustainability leaders.
The company's commitment to sustainability was further validated by receiving Nareit's 2024 Residential Sector Leader in the Light award. According to Kyle Hendricks, EQR's Vice President and Head of Sustainability, this recognition reflects their dedication to creating a sustainable company that generates long-term value for shareholders and communities.
Equity Residential (NYSE: EQR) has announced its fourth quarter dividend distributions. The company will pay a regular common share dividend of $0.675 per share on January 17, 2025, to shareholders of record on January 2, 2025. Additionally, holders of Series K Preferred Shares will receive a quarterly dividend of $1.03625 per share on December 31, 2024, with a record date of December 20, 2024.
Equity Residential (NYSE: EQR) has been awarded Nareit's 2024 Leader in the Light Award for the Residential sector, marking its fourth time receiving this recognition. The award acknowledges REITs that excel in implementing sustainable and socially responsible investment practices, good governance, and transparency. The company recently published its 11th annual Corporate Responsibility report, outlining its strategies for sustainability, employee development, customer engagement, community service, and governance.
FAQ
What is the current stock price of Equity Residential (EQR)?
What is the market cap of Equity Residential (EQR)?
