Norges Bank Reduces $2.4B in Equity Residential ($EQR)

Key Points

  • Norges Bank changed its Equity Residential ($EQR) stake by 100.0% last quarter, cutting to 0 shares.
  • Wall Street's consensus rating on $EQR is Buy and an average price target of $71.56.
  • $EQR last traded around $67.34.

Norges Bank reduced its position in Equity Residential ($EQR), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Equity Residential after selling 34,925,031 shares during the quarter.

Equity Residential ($EQR) Stock

Last price$67.34
Market cap$25.23B
P/E ratio26.94
Forward P/E42.89
PEG ratio16.10
Beta0.76
52-week low$57.57
52-week high$69.87
50-day MA$64.51
200-day MA$62.71
Current ratio0.12
Quick ratio0.03
Debt-to-equity0.78

Equity Residential Earnings

EPS (ttm)$2.50
Revenue (ttm)$3.11B
Revenue growth2.5%
Net margin30.6%
Return on equity8.7%
Next earningsApr 28, 2026

Equity Residential Dividend

Annual dividend$2.81
Dividend yield417.00%
Payout ratio111.2%
Ex-dividend dateMar 30, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$71.56
High target$80.00
Low target$63.00
Analysts covering18

About Equity Residential

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, owns and manages 312 rental properties consisting of 85,190 apartment units in dynamic metro areas across the U.S. with a primary concentration in major coastal markets, diversified by a targeted presence in the high-growth metro areas of Atlanta, Austin, Dallas/Ft. Worth and Denver. Equity Residential was incorporated in 1993 and is based in Chicago, United States.

ExchangeNYSE
SectorReal Estate
IndustryREIT - Residential
HeadquartersChicago, IL
CEOMr. Mark J. Parrell J.D.
Employees2,400

See Also

This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.