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 released an updated Investor Presentation ahead of its upcoming investor meetings. Interested parties can view the presentation on the company’s investor webpage at www.equityapartments.com. As a member of the S&P 500, Equity Residential specializes in the acquisition, development, and management of residential properties primarily located in urban areas. The company owns or has investments in 308 properties, totaling 79,597 apartment units across key markets including Boston, New York, Washington D.C., and San Francisco, among others.
Equity Residential (NYSE: EQR) reported its 2022 results, highlighting a significant decrease in EPS to $2.05, down 42.1% from 2021. However, FFO per share rose by 19.3% to $3.53. The company anticipates strong growth in 2023 with same store revenue growth projected between 4.5% and 6.0%. Notably, the company sold $633.2 million in non-core properties to improve liquidity, and it established a new $2.5 billion revolving credit facility. Despite strong fundamentals, projected revenue growth may be negatively affected by 0.9% due to bad debt issues. The first quarter of 2023 EPS guidance ranges from $0.28 to $0.32.
Equity Residential (NYSE: EQR) will release its fourth quarter 2022 operating results on February 9, 2023, after market close. A conference call to discuss these results is scheduled for February 10, 2023, at 10:00 a.m. Central. The live webcast will be accessible via the investor section of www.equityapartments.com. As a member of the S&P 500, Equity Residential focuses on the acquisition, development, and management of residential properties appealing to affluent long-term renters.
Equity Residential (NYSE: EQR) has declared its fourth-quarter dividend for common shares at $0.625 per share, payable on January 13, 2023, to shareholders recorded by January 3, 2023. Additionally, a quarterly dividend of $1.03625 will be paid on January 3, 2023, to Series K Preferred shareholders recorded by December 22, 2022. The company owns or invests in 308 properties with 79,594 apartment units, focusing on affluent long-term renters in key U.S. cities.
Equity Residential (NYSE: EQR) announced that its senior management team, including President and CEO Mark J. Parrell, will participate in the Nareit REITWorld Annual Conference on November 15-16, 2022. In conjunction with this event, the Company has released an Investor Update available on its website. Equity Residential focuses on acquiring, developing, and managing residential properties in dynamic urban areas, owning or investing in 308 properties with 79,594 apartment units across cities like Boston, New York, and San Francisco.
Equity Residential (EQR) reported Q3 2022 results showcasing EPS of $0.86, down 25.2% from $1.15 in 2021, while FFO per share increased by 18.4% to $0.90. Same store revenue surged by 11.8%, reflecting strong leasing demand. The company anticipates full-year same store revenue growth around 10.6%, exceeding previous estimates. Notably, two properties were sold for $480.5 million, funding debt repayments to enhance financial stability. Despite challenging markets in San Francisco and Seattle, EQR remains optimistic about future performance.
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Equity Residential (NYSE: EQR) will announce its Q3 2022 operating results on October 25, 2022, after market close. A conference call for discussing these results is scheduled for October 26, 2022, at 10:00 a.m. Central. The call will be accessible via webcast on the investor section of their website.
Equity Residential focuses on acquiring and managing residential properties in major cities, with investments in 309 properties and 79,730 apartment units.
Equity Residential (NYSE: EQR) has declared its third-quarter common share dividend of $0.625 per share, payable on October 14, 2022, to shareholders on record as of September 26, 2022. Additionally, a quarterly dividend of $1.03625 per share for the Series K Preferred Shares will be distributed on September 30, 2022, to shareholders of record on September 19, 2022. This announcement reflects the company's ongoing commitment to shareholder value.
Equity Residential (NYSE: EQR) announced participation in the Bank of America Securities 2022 Global Real Estate Conference on September 13, 2022, at 1:10 p.m. CT. Senior management, including CEO Mark J. Parrell, will engage in a roundtable discussion. The event will be available via live webcast, accessible through the Presentations section on the company’s website. An operating update was previously issued on August 31, 2022, found in the Press Releases section of the Investor area.