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Equity Residential (EQR.N)

EQR.N on New York Stock Exchange

63.36USD
20 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Equity residential reaffirms its full year same store revenue growth guidance range
Tuesday, 27 Sep 2016 08:05am EDT 

Equity Residential : Provides third quarter operating update; reaffirms full year same store revenue guidance .Equity residential reaffirmed its full year same store revenue growth guidance range of 3.5 percent to 4.0 percent.  Full Article

Equity Residential reports Q2 adjusted FFO $0.76/shr
Tuesday, 26 Jul 2016 04:13pm EDT 

Equity Residential : Equity Residential reports second quarter 2016 results . Q2 adjusted FFO per share $0.76 . Sees Q3 2016 adjusted FFO per share $0.75 to $0.79 . Sees Q3 2016 FFO per share $0.82 to $0.86 . Q2 FFO per share $0.90 . Equity residential reports second quarter 2016 results . Increased qrtly same store revenues 4.2 pct . Equity Residential sees FY FFO per share $2.96 to $3.02 . Q2 FFO per share view $0.78 -- Thomson Reuters I/B/E/S . FY2016 FFO per share view $3.09 -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.42 -- Thomson Reuters I/B/E/S .Equity residential sees FY normalized FFO per share $3.05 to $3.11.  Full Article

Equity Residential says may offer and sell up to 13 mln shares - SEC filing
Wednesday, 29 Jun 2016 09:45am EDT 

Equity Residential : Says it may offer and sell up to 13 million common shares - SEC filing . Says entered into a distribution agreement with certain sales agents for the proposed offering Source: (http://1.usa.gov/297Cttd ) Further company coverage: [EQR.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Equity Residential files for potential mixed shelf offering - SEC filing
Tuesday, 28 Jun 2016 05:08pm EDT 

Equity Residential :Files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

Equity Residential lowers 2016 same store revenue and NOI guidance ranges
Wednesday, 1 Jun 2016 08:31am EDT 

Equity Residential : Lowers 2016 same store revenue and NOI guidance ranges .Says expects to report same store revenue growth of approximately 4.0% to 4.2% for Q2 of 2016.  Full Article

Equity Residential gives Q1, FY 2016 Normalized FFO guidance
Tuesday, 2 Feb 2016 04:17pm EST 

Equity Residential:established a Normalized FFO guidance range of $0.73 to $0.77 per share for Q1 2016.Established a Normalized FFO guidance range of $3.00 to $3.20 per share for FY 2016.  Full Article

Equity Residential declares fourth quarter dividend
Thursday, 17 Dec 2015 04:15pm EST 

Equity Residential:Declares common share dividend for the fourth quarter of $0.5525 per share will be paid on January 8, 2016 to shareholders of record on December 28.  Full Article

Equity Residential announces agreement to sell 23,000 apartment units to Starwood Capital Group for $5.365 bln
Monday, 26 Oct 2015 06:00am EDT 

Equity Residential:Announces agreement to sell 23,000 apartment units to starwood capital group for $5.365 billion.Deal for $5.37 billion.Expects to use proceeds from this sale to reduce aggregate indebtedness in order to make the transaction leverage neutral.May also sell certain other assets in core markets in 2016 with intention of reinvesting proceeds from sales in other assets.Says does not expect transaction to impact the company's fourth quarter 2015 dividend, payable in January 2016.Deal for approximately $230,634 per unit on average, and a capitalization rate of 5.5%.To use majority of proceeds from sales to pay a special dividend to its shareholders of between $9.00 and $11.00 per share.Says will exit south Florida and Denver markets.In 2016, co intends to sell additional 26 assets; to sell these assets for aggregate value of about $700 million.  Full Article

Equity Residential declares third quarter dividends
Thursday, 10 Sep 2015 04:48pm EDT 

Equity Residential:Declared dividends on the company's common and preferred shares.Says common share dividend for the third quarter of $0.5525 per share will be paid on Oct. 9 to shareholders of record date as on Sept. 21.Quarterly dividend of $1.03625 per share will be paid on Sept. 30 to shareholders of record on Sept. 18 of the company's Series K Preferred Shares.  Full Article

Equity Residential gives Q3 2015 FFO guidance in line with analysts' estimates; raises low end of prior FY 2015 FFO guidance
Tuesday, 28 Jul 2015 04:11pm EDT 

Equity Residential:Expects Normalized FFO guidance range of $0.85 to $0.89 per share for Q3 2015.Revises its guidance for FY 2015 Normalized FFO per share $3.39 to $3.45.Q3 2015 FFO of $0.88 - Thomson Reuters I/B/E/S.FY 2015 FFO of $3.42 - Thomson Reuters I/B/E/S.  Full Article

Fitch Rates Equity Residential's Senior Unsecured Bonds 'A-'

(The following statement was released by the rating agency) NEW YORK, October 06 (Fitch) Fitch Ratings has assigned an 'A-' rating to the senior unsecured notes due 2026 issued by ERP Operating, L.P., the operating partnership of Equity Residential (NYSE: EQR). Net proceeds are expected to be used for working capital and general corporate purposes. A full list of Fitch's ratings for EQR follows at the end of this release. KEY RATING DRIVERS The ratings reflect EQR's high-quality portfolio f