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 reports recurring developments tied to its ownership and management of apartment communities in dynamic U.S. metro areas, with a primary concentration in major coastal markets and a targeted presence in Atlanta, Austin, Dallas/Ft. Worth and Denver. Its announcements commonly cover quarterly operating results, same-store revenue, expenses and net operating income, occupancy, resident retention and market commentary for areas such as San Francisco and New York.
Updates also include common and Series K preferred share dividends, annual dividend tax treatment, annual meeting dates, investor presentations and real estate conference participation. The company’s releases often discuss rental-housing demand, new apartment supply, portfolio activity and capital allocation within its multifamily housing business.
Equity Residential (NYSE: EQR) has announced the release date for its second quarter 2024 operating results. The company will publish the results on Monday, July 29, 2024, after the market closes. A conference call to discuss these results is scheduled for Tuesday, July 30, 2024, at 10:00 a.m. Central Time. The call will be accessible via webcast on the Investor section of the company's website, www.equityapartments.com.
Equity Residential (NYSE: EQR) has announced the declaration of quarterly dividends for its common and preferred shares. A dividend of $0.675 per common share is set for the second quarter, payable on July 12, 2024, to shareholders recorded by July 1, 2024.
Additionally, the Series K Preferred Shares will yield a dividend of $1.03625 per share, paid on July 1, 2024 to those on record by June 20, 2024.
Equity Residential (NYSE: EQR) announced that its senior management, including CEO Mark J. Parrell, will participate in the Nareit REITweek 2024 Investor Conference. The roundtable presentation is scheduled for Tuesday, June 4 at 4:30 p.m. ET. The live web cast and an updated Investor Presentation will be available on the Company’s website, www.equityapartments.com.
Equity Residential (NYSE: EQR) announced updates during the Nareit REITWeek 2024 Investor Conference. The company revealed that Earnings Per Share (EPS) and Funds from Operations (FFO) per share are projected to be in the lower half of the previously announced guidance ranges due to a litigation reserve adjustment in Q1 2024. However, normalized FFO per share, same store revenue, and same store net operating income (NOI) are trending towards the upper end of their respective guidance ranges. Key operating metrics for May 2024 include a physical occupancy rate of 96.5%, a 57.0% resident renewal rate, and a 2.9% blended rate for new and renewed leases.
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