How to buy Equity Residential (EQR) shares in Australia

Learn how to easily invest in Equity Residential shares.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Equity Residential (EQR) is a leading reit-residential business with stocks listed in the US. It opened the day at US$87.12 after a previous close of US$86.63. During the day the price has varied from a low of USD86.2575 to a high of USD87.43. The latest price was USD86.86 (25 minute delay). Equity Residential is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Equity Residential

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Equity Residential. Find the share by name or ticker symbol: EQR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Equity Residential reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$86.63, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Equity Residential, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Equity Residential. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Equity Residential stock price (NYSE:EQR)

Use our graph to track the performance of EQR stocks over time.

Equity Residential shares at a glance

Information last updated 2021-12-10.
OpenUS$87.12
HighUS$87.43
LowUS$86.2575
CloseUS$86.86
Previous closeUS$86.63
Change US$0.23
Change % 0.2655%
Volume 1,344,590
Information last updated 2022-01-16.
52-week rangeUS$58.102 - US$93.03
50-day moving average US$87.685
200-day moving average US$81.9432
Target priceUS$92.43
PE ratio 32.175
Dividend yield US$2.41 (2.65%)
Earnings per share (TTM) US$2.823

Where to buy Equity Residential stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares, ETFs
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
loading

Compare up to 4 providers

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Equity Residential stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Equity Residential share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Equity Residential price performance over time

Historical closes compared with the last close of $86.86

1 week (2022-01-12) -4.53%
1 month (2021-12-17) -0.90%
3 months (2021-10-19) 3.40%
6 months (2021-07-19) 5.41%
1 year (2021-01-19) 44.02%
2 years (2020-01-17) 5.28%
3 years (2019-01-18) 23.87%
5 years (2017-01-19) 37.87%

Is Equity Residential under- or over-valued?

Valuing Equity Residential stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Equity Residential's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Equity Residential's P/E ratio

Equity Residential's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, Equity Residential shares trade at around 32x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Equity Residential's PEG ratio

Equity Residential's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.7713. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Equity Residential's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Equity Residential's EBITDA

Equity Residential's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.4 billion (£1.1 billion).

The EBITDA is a measure of a Equity Residential's overall financial performance and is widely used to measure a its profitability.

Equity Residential financials

Revenue TTM US$2.4 billion
Operating margin TTM 25.63%
Gross profit TTM US$1.7 billion
Return on assets TTM 1.89%
Return on equity TTM 9.82%
Profit margin 43.53%
Book value 28.334
Market capitalisation US$34.1 billion

TTM: trailing 12 months

Equity Residential's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Equity Residential.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Equity Residential's total ESG risk score

Total ESG risk: 15.49

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Equity Residential's overall score of 15.49 (as at 12/31/2018) is excellent – landing it in it in the 11st percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Equity Residential is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Equity Residential's environmental score

Environmental score: 6.78/100

Equity Residential's environmental score of 6.78 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Equity Residential is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Equity Residential's social score

Social score: 7.85/100

Equity Residential's social score of 7.85 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Equity Residential is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Equity Residential's governance score

Governance score: 8.35/100

Equity Residential's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Equity Residential is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Equity Residential's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Equity Residential scored a 1 out of 5 for controversy – the highest score possible, reflecting that Equity Residential has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Equity Residential was last rated for ESG on: 2019-01-01.

Total ESG score 15.49
Total ESG percentile 10.54
Environmental score 6.78
Environmental score percentile 6
Social score 7.85
Social score percentile 6
Governance score 8.35
Governance score percentile 6
Level of controversy 1

Equity Residential share dividends

82%

Dividend payout ratio: 82.25% of net profits

Recently Equity Residential has paid out, on average, around 82.25% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.65% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Equity Residential shareholders could enjoy a 2.65% return on their shares, in the form of dividend payments. In Equity Residential's case, that would currently equate to about $2.41 per share.

Equity Residential's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Equity Residential's most recent dividend payout was on 13 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2021 (the "ex-dividend date").

Have Equity Residential's shares ever split?

Equity Residential's shares were split on a 2:1 basis on 11 October 2001. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Equity Residential shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Equity Residential shares which in turn could have impacted Equity Residential's share price.

Equity Residential share price volatility

Over the last 12 months, Equity Residential's shares have ranged in value from as little as US$58.102 up to US$93.03. A popular way to gauge a stock's volatility is its "beta".

EQR.US volatility(beta: 0.82)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Equity Residential's is 0.8165. This would suggest that Equity Residential's shares are less volatile than average (for this exchange).

Equity Residential overview

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. 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.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site