EQR
Equity Residential Real Estate - Residential REITs Investor Relations →
Equity Residential (EQR) closed at $57.98 as of 2026-03-20, trading 5.2% below its 200-week moving average of $61.14. This places EQR in the deep value zone. The stock is currently moving closer to the line, down from -1.9% last week. The 14-week RSI sits at 42, indicating neutral momentum.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.94 ratio) is neutral — neither side is clearly dominating.
Over the past 1653 weeks of data, EQR has crossed below its 200-week moving average 20 times. On average, these episodes lasted 13 weeks. Historically, investors who bought EQR at the start of these episodes saw an average one-year return of +5.9%.
With a market cap of $22.7 billion, EQR is a large-cap stock. The company generates a free cash flow yield of 6.2%, which is healthy. Return on equity stands at 10.0%. The stock trades at 2.0x book value.
Over the past 31.8 years, a hypothetical investment of $100 in EQR would have grown to $1778, compared to $2474 for the S&P 500. EQR has returned 9.5% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 1.8% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: EQR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After EQR Crosses Below the Line?
Across 19 historical episodes, buying EQR when it crossed below its 200-week moving average produced an average return of +4.9% after 12 months (median +6.0%), compared to +8.6% for the S&P 500 over the same periods. 59% of those episodes were profitable after one year. After 24 months, the average return was +37.4% vs +28.1% for the index.
Each line shows $100 invested at the moment EQR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
EQR has crossed below its 200-week MA 20 times with an average 1-year return of +5.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1994 | Oct 1994 | 1 | 0.2% | +3.9% | +1795.9% |
| Oct 1994 | May 1995 | 27 | 12.5% | +5.6% | +1886.2% |
| Jun 1995 | Jul 1995 | 2 | 2.1% | +24.7% | +1856.2% |
| Nov 2007 | Jan 2008 | 9 | 12.2% | -27.9% | +260.9% |
| Feb 2008 | Feb 2008 | 1 | 0.1% | -35.1% | +251.6% |
| Mar 2008 | Mar 2008 | 1 | 1.5% | -51.7% | +253.4% |
| Jun 2008 | Jul 2008 | 1 | 1.0% | -40.4% | +239.2% |
| Oct 2008 | Feb 2010 | 70 | 55.2% | -4.1% | +290.3% |
| Nov 2013 | Nov 2013 | 1 | 1.1% | +43.6% | +105.7% |
| Dec 2013 | Dec 2013 | 1 | 0.2% | +47.4% | +101.7% |
| Feb 2018 | Mar 2018 | 7 | 6.2% | +34.1% | +37.4% |
| May 2018 | May 2018 | 1 | 0.4% | +32.7% | +29.4% |
| Mar 2020 | Apr 2020 | 3 | 16.3% | +34.7% | +32.2% |
| Apr 2020 | Feb 2021 | 41 | 26.4% | +21.3% | +13.1% |
| Sep 2022 | Jul 2023 | 42 | 18.5% | -8.3% | -2.1% |
| Jul 2023 | Apr 2024 | 39 | 16.6% | +13.9% | -0.9% |
| Mar 2025 | Apr 2025 | 2 | 3.3% | N/A | -5.2% |
| Jul 2025 | Aug 2025 | 3 | 2.6% | N/A | -5.6% |
| Sep 2025 | Jan 2026 | 15 | 5.8% | N/A | -7.4% |
| Mar 2026 | Ongoing | 2+ | 5.2% | Ongoing | -3.4% |
| Average | 13 | — | +5.9% | — |
Frequently Asked Questions
Is EQR below its 200-week moving average?
Yes. As of 2026-03-20, Equity Residential (EQR) is trading 5.2% below its 200-week moving average of $61.14. The current price is $57.98.
What is EQR's 200-week moving average price?
Equity Residential's 200-week moving average is $61.14 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when EQR drops below its 200-week moving average?
EQR has crossed below its 200-week moving average 20 times in our data. On average, buying at that moment produced a one-year return of +5.9%. These dips have historically been decent entry points. These episodes lasted 13 weeks on average.
Is EQR a good value right now?
Here's what our data says about EQR as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 42. Free cash flow yield is 6.2%. Return on equity is 10.0%. Price-to-book is 2.0x. This is not a buy or sell recommendation — always do your own research.
How does EQR compare to the S&P 500?
Over the past 31.8 years, $100 invested in EQR would have grown to $1778, compared to $2474 for the S&P 500. That's 9.5% annualized vs 10.6% for the index. EQR has underperformed the broader market over this period.
Does EQR pay a dividend?
Yes. Equity Residential currently pays a dividend yield of 485.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20