Robert W. Baird analyst Amanda Sweitzer maintained a Hold rating on Equity Residential (NYSE:EQR) on Tuesday, setting a price target of $69, which is approximately 6.29% below the present share price of $73.63.
Sweitzer expects Equity Residential to post earnings per share (EPS) of $0.68 for the second quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Hold rating of shares in Equity Residential, with an average price target of $71.44.
The analysts price targets range from a high of $80 to a low of $58.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $613.44 million and a net profit of $177.02 million. The company's market cap is $27.46 billion.
According to TipRanks.com, Robert W. Baird analyst Amanda Sweitzer is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 15.3% and a 100.00% success rate.
Equity Residential operates as a real estate investment trust. It engages in the acquisition, development, and management of rental apartment properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The company was founded by Robert H. Lurie and Sam Zell in March 1993 and is headquartered in Chicago, IL.