Equities
Real EstateReal Estate Investment Trusts
  • Price (USD)75.99
  • Today's Change0.935 / 1.25%
  • Shares traded328.25k
  • 1 Year change+34.51%
  • Beta0.9287
Data delayed at least 15 minutes, as of Nov 22 2024 18:01 GMT.
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About the company

Equity Residential is a real estate investment trust. The Company is focused on the acquisition, development and management of residential properties located in and around cities. The Company’s primary business is the acquisition, development, and management of multifamily residential properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The Company owns and operates rental apartment properties, with a presence in Boston, New York, Washington, D.C., Southern California, including Los Angeles, Orange County and San Diego), San Francisco and Seattle, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. The Company owns 313 properties located in 10 states and the District of Columbia consisting of 84,018 apartment units. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential.

  • Revenue in USD (TTM)2.94bn
  • Net income in USD924.93m
  • Incorporated1992
  • Employees2.40k
  • Location
    Equity ResidentialTwo North Riverside Plaza, Suite 400CHICAGO 60606United StatesUSA
  • Phone+1 (312) 928-1178
  • Fax+1 (312) 454-9276
  • Websitehttps://www.equityapartments.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
EQR:NYQ since
announced
Transaction
value
Blackstone Inc-Apartment Properties(11)Announced07 Aug 202407 Aug 2024Announced6.39%964.00m
The BaxterDeal completed21 Dec 202321 Dec 2023Deal completed25.14%--
Richmond Row ApartmentsDeal completed21 Dec 202321 Dec 2023Deal completed25.14%179.70m
Data delayed at least 15 minutes, as of Nov 22 2024 18:01 GMT.

Institutional shareholders

52.82%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 30 Sep 202453.83m14.20%
Norges Bank Investment Managementas of 30 Jun 202435.12m9.26%
BlackRock Fund Advisorsas of 30 Sep 202426.71m7.04%
SSgA Funds Management, Inc.as of 30 Sep 202423.92m6.31%
T. Rowe Price Associates, Inc. (IM)as of 30 Sep 202417.37m4.58%
APG Asset Management US, Inc.as of 30 Sep 202411.61m3.06%
Geode Capital Management LLCas of 30 Sep 20249.35m2.47%
First Eagle Investment Management LLCas of 30 Sep 20249.27m2.45%
Principal Global Investors LLCas of 30 Sep 20247.61m2.01%
Resolution Capital Ltd.as of 30 Sep 20245.46m1.44%
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Data from 30 Jun 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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