
Chicago, Illinois-based Equity Residential (EQR) engages in the acquisition, development, and management of rental apartment properties. With a market cap of $24.5 billion, Equity Residential operates as one of the leading, fully integrated, publicly traded multi-family REITs in the United States.
The real estate major has significantly underperformed the broader market over the past year. EQR stock prices have plunged 11.4% over the past 52 weeks and 11.9% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 16.1% gains over the past year and 9.7% returns in 2025.