EQR
Equity Residential Real Estate - Residential REITs Investor Relations →
Equity Residential (EQR) closed at $63.66 as of 2026-08-21, trading 5.7% above its 200-week moving average of $60.22. The stock is currently moving closer to the line, down from 9.6% last week. The 14-week RSI sits at 51, indicating neutral momentum.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.85 ratio) is neutral — neither side is clearly dominating.
Over the past 1675 weeks of data, EQR has crossed below its 200-week moving average 20 times. On average, these episodes lasted 14 weeks. Historically, investors who bought EQR at the start of these episodes saw an average one-year return of +3.5%.
With a market cap of $24.6 billion, EQR is a large-cap stock. The company generates a free cash flow yield of 5.8%, which is healthy. Return on equity stands at 8.0%. The stock trades at 2.3x book value.
Over the past 32.2 years, a hypothetical investment of $100 in EQR would have grown to $2008, compared to $2928 for the S&P 500. EQR has returned 9.8% annualized vs 11.1% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 1.8% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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 20 historical episodes, buying EQR when it crossed below its 200-week moving average produced an average return of +4.4% after 12 months (median +11.0%), compared to +9.6% 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 +38.2% vs +30.1% 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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices EQR would reach each dislocation threshold.
Dislocation Price Levels
Prices where EQR's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-10-21.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $63.02 | Unusually cheap — analysis point |
| Value | +1σ | $67.78 | Cheap vs. own history |
| Fair Value | +0σ | $73.32 | Historical mean behavior |
| Expensive | -1σ | $79.84 | Expensive vs. own history |
| Deep Expensive | -2σ | $87.64 | Unusually expensive — analysis point |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2026-07-22 | $0.36 | $0.34 | -5.0% |
| 2026-04-28 | $0.29 | $0.23 | -20.1% |
| 2026-02-05 | $0.38 | $0.28 | -25.5% |
| 2025-10-28 | $0.42 | $0.37 | -11.4% |
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
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Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are analysis points: prices at which the yield deviation becomes unusual enough to justify the work. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from EQR's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. Each one is an analysis point, a reason to open the filings. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
EQR has crossed below its 200-week MA 20 times with an average 1-year return of +3.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1994 | Dec 1994 | 10 | 11.4% | +4.1% | +2040.1% |
| Jan 1995 | May 1995 | 20 | 13.2% | +10.2% | +2122.2% |
| Jun 1995 | Jul 1995 | 2 | 1.4% | +24.8% | +2106.9% |
| Nov 2007 | Jan 2008 | 9 | 12.3% | -27.9% | +305.1% |
| Feb 2008 | Feb 2008 | 1 | 0.2% | -35.1% | +294.7% |
| Mar 2008 | Mar 2008 | 1 | 1.5% | -51.7% | +296.7% |
| Jun 2008 | Jul 2008 | 1 | 1.1% | -40.4% | +280.8% |
| Oct 2008 | Feb 2010 | 70 | 55.2% | -4.1% | +338.0% |
| Nov 2013 | Nov 2013 | 1 | 1.1% | +43.6% | +130.9% |
| Feb 2018 | Mar 2018 | 7 | 6.4% | +34.1% | +54.2% |
| May 2018 | May 2018 | 1 | 0.6% | +32.7% | +45.2% |
| Mar 2020 | Apr 2020 | 3 | 16.3% | +33.4% | +47.0% |
| Apr 2020 | Feb 2021 | 41 | 26.4% | +21.3% | +27.0% |
| Sep 2022 | Jul 2023 | 42 | 17.6% | -9.1% | +8.9% |
| Jul 2023 | Apr 2024 | 39 | 16.7% | +13.9% | +11.2% |
| Mar 2025 | Apr 2025 | 2 | 2.4% | -1.3% | +5.4% |
| Jul 2025 | Aug 2025 | 3 | 2.7% | +10.7% | +6.0% |
| Sep 2025 | Dec 2025 | 12 | 5.9% | N/A | +4.0% |
| Jan 2026 | Jan 2026 | 1 | 2.1% | N/A | +7.7% |
| Mar 2026 | Apr 2026 | 4 | 5.2% | N/A | +8.5% |
| Average | 14 | — | +3.5% | — |
Frequently Asked Questions
Is EQR below its 200-week moving average?
No. Equity Residential (EQR) is currently 5.7% above its 200-week moving average of $60.22. It would need to fall to $60.22 to cross below the line.
What is EQR's 200-week moving average price?
Equity Residential's 200-week moving average is $60.22 as of 2026-08-21. 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 +3.5%. These dips have historically been decent entry points. These episodes lasted 14 weeks on average.
Is EQR a good value right now?
Here's what our data says about EQR as of 2026-08-21: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 51. Free cash flow yield is 5.8%. Return on equity is 8.0%. Price-to-book is 2.3x. 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 32.2 years, $100 invested in EQR would have grown to $2008, compared to $2928 for the S&P 500. That's 9.8% annualized vs 11.1% 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 426.00%.
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 2026-08-21