Equity Residential Earnings Estimate

EQR -  USA Stock  

USD 76.24  0.02  0.0262%

Many public companies, such as Equity Residential, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Equity Residential's earnings estimates, investors can diagnose different trends across Equity Residential's analyst sentiment over time as well as compare current estimates against different timeframes.
Equity Residential is projected to generate 2.96 in earnings per share on the 31st of December 2021. Equity Residential earnings estimates module stress-tests analyst consensus about projected Equity Residential EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Continue to Investing Opportunities.
  
Refresh
As of 05/26/2022, Gross Profit is likely to grow to about 1.7 B, while Profit Margin is likely to drop 0.51.
Share

Equity Residential Earnings Estimation Breakdown

Calculation of earning per share of Equity Residential is based on official Zacks consensus of 8 analysts regarding Equity Residential future annual earnings. Given the historical accuracy of 63.03%, the future earnings per share of Equity Residential is estimated to be 2.96 with the lowest and highest values of 2.95 and 2.98, respectively. Please note that this consensus of annual earnings estimates for Equity Residential is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 2.82
2.95
Lowest
Expected EPS 2.96
2.98
Highest

Equity Residential Earnings Projection Consensus

Suppose the current estimates of Equity Residential's value are higher than the current market price of the Equity Residential stock. In this case, investors may conclude that Equity Residential is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Equity Residential's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

8

63.03%

2.82

2.96

Equity Residential Earnings History

Earnings estimate consensus by Equity Residential analysts from Wall Street is used by the market to judge Equity Residential's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Equity Residential's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Equity Residential Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

376.85 Million

Share
As of 05/26/2022, Price to Earnings Ratio is likely to grow to 28.53, while Accumulated Retained Earnings Deficit are likely to drop slightly above 1.8 B. As of 05/26/2022, Weighted Average Shares is likely to grow to about 401.6 M. Also, Weighted Average Shares Diluted is likely to grow to about 416.7 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Equity Residential's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Equity Residential in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
74.4676.1777.88
Details
Intrinsic
Valuation
LowReal ValueHigh
68.2484.0985.80
Details
Naive
Forecast
LowNext ValueHigh
80.3182.0283.73
Details
20 Analysts
Consensus
LowTarget PriceHigh
66.0088.68100.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Equity Residential. Your research has to be compared to or analyzed against Equity Residential's peers to derive any actionable benefits. When done correctly, Equity Residential's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Equity Residential.
Note that many institutional investors and large investment bankers can move markets due to the volume of Equity assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Equity Residential. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Equity stock price in the short term.

Equity Residential Earnings per Share Projection vs Actual

Actual Earning per Share of Equity Residential refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Equity Residential predict the company's earnings will be in the future. The higher the earnings per share of Equity Residential, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Equity Residential Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Equity Residential, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Equity Residential should always be considered in relation to other companies to make a more educated investment decision.

About Equity Residential Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Equity Residential earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Equity Residential estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Equity Residential fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit1.8 B1.8 B
Earning Before Interest and Taxes EBIT1.6 B1.6 B
Earnings per Basic Share 3.56  3.36 
Earnings per Diluted Share 3.54  3.34 
Price to Earnings Ratio 25.42  28.53 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.5 B2.3 B
Earnings before Tax1.3 B1.2 B
Equity Residential is committed to creating communities where people thrive. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver. Equity Residential operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 2400 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Equity Residential without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Instant Ratings Now

   

Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Pair Trading with Equity Residential

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equity Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equity Residential will appreciate offsetting losses from the drop in the long position's value.

Equity Residential Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Equity Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equity Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equity Residential to buy it.
The correlation of Equity Residential is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equity Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equity Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Investing Opportunities. Note that the Equity Residential information on this page should be used as a complementary analysis to other Equity Residential's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Equity Stock analysis

When running Equity Residential price analysis, check to measure Equity Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Is Equity Residential's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equity Residential. If investors know Equity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equity Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Equity Residential is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Residential's value that differs from its market value or its book value, called intrinsic value, which is Equity Residential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equity Residential's market value can be influenced by many factors that don't directly affect Equity Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equity Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine Equity Residential value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Residential's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.