Equity Residential downgraded by BofA Securities with a new price target
$EQR
Real Estate Investment Trusts
Real Estate
BofA Securities downgraded Equity Residential from Buy to Neutral and set a new price target of $82.00 from $78.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/24/2024 | $78.00 → $82.00 | Buy → Neutral | BofA Securities |
| 9/11/2024 | $83.00 | Outperform | Exane BNP Paribas |
| 9/10/2024 | $62.00 → $83.00 | Hold → Buy | Deutsche Bank |
| 9/4/2024 | $81.00 | Neutral | Goldman |
| 8/26/2024 | $69.00 → $77.00 | Overweight → Equal Weight | Wells Fargo |
| 6/28/2024 | $70.00 → $80.00 | Neutral → Overweight | Piper Sandler |
| 5/13/2024 | $70.00 | Outperform → In-line | Evercore ISI |
| 4/22/2024 | $68.00 → $70.00 | Market Perform → Outperform | BMO Capital Markets |
8-K - EQUITY RESIDENTIAL (0000906107) (Filer)
8-K - EQUITY RESIDENTIAL (0000906107) (Filer)
8-K - EQUITY RESIDENTIAL (0000906107) (Filer)
BofA Securities downgraded Equity Residential from Buy to Neutral and set a new price target of $82.00 from $78.00 previously
Exane BNP Paribas initiated coverage of Equity Residential with a rating of Outperform and set a new price target of $83.00
Deutsche Bank upgraded Equity Residential from Hold to Buy and set a new price target of $83.00 from $62.00 previously
4 - EQUITY RESIDENTIAL (0000906107) (Issuer)
4 - EQUITY RESIDENTIAL (0000906107) (Issuer)
4 - EQUITY RESIDENTIAL (0000906107) (Issuer)
Equity Residential (NYSE:EQR) today reported results for the quarter and nine months ended September 30, 2024 and has posted a Q3 2024 Management Presentation to its website as referenced below. Third Quarter 2024 Results All per share results are reported as available to common shares/units on a diluted basis. Quarter Ended September 30, 2024 2023 $ Change % Change Earnings Per Share (EPS) $ 0.38 $ 0.45 $ (0.07 ) (15.6 %) Funds from Operations (FFO) p
Equity Residential (NYSE:EQR) today announced that the Company will release its third quarter 2024 operating results on Wednesday, October 30, 2024 after the close of market and host a conference call to discuss those results on Thursday, October 31, 2024 at 10:30 a.m. Central. The conference call will be available via web cast on the Investor section of www.equityapartments.com. About Equity Residential Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Resid
Equity Residential (NYSE:EQR) today announced that its Board of Trustees declared quarterly dividends on the Company's common and preferred shares. A regular common share dividend for the third quarter of $0.675 per share will be paid on October 11, 2024 to shareholders of record on September 24, 2024. A quarterly dividend of $1.03625 per share will be paid on September 30, 2024 to shareholders of record on September 20, 2024 of the Company's Series K Preferred Shares. About Equity Residential Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential propertie
Equity Residential (NYSE:EQR) today announced the appointment of Ann C. Hoff and Nina P. Jones to the Company's Board of Trustees to serve until the next annual meeting of shareholders. Both Ms. Hoff and Ms. Jones qualify as independent trustees under the New York Stock Exchange's listing standards. Ms. Hoff will serve on the Audit Committee and Ms. Jones will serve on both the Audit and Corporate Governance Committees. With these appointments, the Company's Board will increase to 11 members. Ms. Hoff, 57, is the President and Chief Operating Officer of Bellagio and Park MGM at MGM Resorts International (NYSE:MGM), a global gaming and entertainment company. In this role, which she has hel
BETHESDA, Md., March 22, 2022 /PRNewswire/ -- Broad Street Realty, Inc. (OTCQX:BRST), a fully integrated and self-managed publicly owned real estate company uniquely focused on Essential grocery anchored and mixed-use assets, announces the appointment of Donna Brandin as a member of Board of Directors effective immediately. Michael Z. Jacoby, Chairman of the Board of Directors and Chief Executive Officer of the Company, said, "I am humbled that someone of Donna's caliber has agreed to serve on our Board and looking forward to working with her on the continued success at the company". Ms. Brandin serves on the board of directors of Nuveen Global Cities REIT, Inc., a public, non-listed real es
Believes Nominees Have the Independent Perspectives, Differentiated Real Estate Investment Experience and Shareholder-Focused Mindsets Needed to Help Reverse Lexington's Chronic Underperformance Objective and Independent New Voices are Needed in the Boardroom to Oversee Leadership Transition Process and Full Review to Determine the Right Path Forward for LXP LXP's Total Shareholder Returns Have Underperformed Proxy Peers and Industrial Peers by Nearly 500% During CEO's 18-year Tenure1 Today Land & Buildings Investment Management, LLC (together with its affiliates, "Land & Buildings"), a significant shareholder of Lexington Realty Trust ("LXP," "Lexington" or the "Company") (NYSE:LXP), an
Equity Residential (NYSE:EQR) today reported results for the quarter and nine months ended September 30, 2024 and has posted a Q3 2024 Management Presentation to its website as referenced below. Third Quarter 2024 Results All per share results are reported as available to common shares/units on a diluted basis. Quarter Ended September 30, 2024 2023 $ Change % Change Earnings Per Share (EPS) $ 0.38 $ 0.45 $ (0.07 ) (15.6 %) Funds from Operations (FFO) p
Equity Residential (NYSE:EQR), a recognized leader in corporate responsibility, today announced the publication of its 2024 Corporate Responsibility report. The report describes the Company's strategies around sustainability, employee development, customer engagement, community service and governance as well as its goals and achievements in these areas. "We are pleased to share our 11th annual report on corporate responsibility. The issues covered in the report are integrated into our strategy and are key drivers to our success as an organization. By using technology and process improvements to reduce energy and water usage, investing in the development of an even more engaged and inclusiv
Equity Residential (NYSE:EQR) today announced that the Company will release its third quarter 2024 operating results on Wednesday, October 30, 2024 after the close of market and host a conference call to discuss those results on Thursday, October 31, 2024 at 10:30 a.m. Central. The conference call will be available via web cast on the Investor section of www.equityapartments.com. About Equity Residential Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Resid
Equity Residential (NYSE:EQR) has been analyzed by 14 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 4 7 0 0 Last 30D 1 0 0 0 0 1M Ago 1 1 0 0 0 2M Ago 0 1 2 0 0 3M Ago 1 2 5 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $71.5, with a high estimate of $82.00 and a low estimate of $64.00. This upward trend is evident, with the c
UBS analyst Brent Dilts maintains Equity Residential (NYSE:EQR) with a Buy and raises the price target from $75 to $82.
Foreign investment in U.S. homes has dropped to its lowest in 15 years, as per a fresh report by the National Association of Realtors. Low supply and high prices have scared many foreign investors away from U.S. real estate, marking the seventh consecutive yearly drop in sales for this cohort. The U.S. Home Market Slump: Unusually high inflation has pushed mortgage rates up, forcing many homeowners to stay in their current homes, bringing the supply of houses down significantly. In this context, people who might have been looking for a new home are incentivized to stick to their low mortgage rates instead of selling their home in exchange for a more expensive mortgage. The fall h
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