Equity Residential Q4 EPS down 9.1%, FFO flat

Vivmark Residential

05/02/2026 21:29

Overview

U.S. real estate trust's Q4 EPS fell 9.1% yr/yr, FFO per share flat

Company repurchased $300 mln of stock using property sale proceeds

Outlook

Equity Residential expects 2026 same store revenue growth between 1.2% and 3.2%

Company forecasts 2026 EPS between $1.44 and $1.56

Result Drivers

ASSET SALES - Company sold six properties in Q4 2025, using proceeds for share repurchases

SHARE REPURCHASES - Repurchased 3.4 mln shares in Q4 2025, funded by property sales

MARKET CONDITIONS - CEO cited declining new apartment supply and strong markets as positive for future

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$1


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 16 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the residential reits peer group is "buy"

Wall Street's median 12-month price target for Equity Residential is $70.00, about 11% above its February 4 closing price of $63.08

The stock recently traded at 44 times the next 12-month earnings vs. a P/E of 36 three months ago

Press Release: ID:nBw25NphSa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)