Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. As of June 30, 2018, EQC's portfolio comprised 13 properties and 6.3 million square feet.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
SymbolNYSE:EQC
CUSIP20323310
Phone312-646-2800
Debt
Debt-to-Equity Ratio0.08
Current Ratio63.57
Quick Ratio63.57
Price-To-Earnings
Trailing P/E Ratio35.09
Forward P/E Ratio47.47
P/E GrowthN/A
Sales & Book Value
Annual Sales$340.57 million
Price / Sales11.51
Cash Flow$1.0088 per share
Price / Cash32.00
Book Value$25.64 per share
Price / Book1.26
Profitability
EPS (Most Recent Fiscal Year)$0.92
Net Income$29.65 million
Net Margins92.07%
Return on Equity7.27%
Return on Assets5.76%
Miscellaneous
Employees54
Outstanding Shares121,480,000
Market Cap$3.91 billion
Equity Commonwealth (NYSE:EQC) Frequently Asked Questions
What is Equity Commonwealth's stock symbol?
Equity Commonwealth trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQC."
How will Equity Commonwealth's stock buyback program work?
Equity Commonwealth announced that its board has initiated a stock repurchase program on Thursday, March 15th 2018, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.
How were Equity Commonwealth's earnings last quarter?
Equity Commonwealth (NYSE:EQC) released its quarterly earnings results on Monday, July, 30th. The real estate investment trust reported $0.17 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.14 by $0.03. The real estate investment trust earned $48.60 million during the quarter, compared to analysts' expectations of $59.06 million. Equity Commonwealth had a net margin of 92.07% and a return on equity of 7.27%. The company's quarterly revenue was down 46.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.22 earnings per share. View Equity Commonwealth's Earnings History.
When is Equity Commonwealth's next earnings date?
What price target have analysts set for EQC?
3 Wall Street analysts have issued 12 month price objectives for Equity Commonwealth's shares. Their predictions range from $32.00 to $34.00. On average, they expect Equity Commonwealth's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for Equity Commonwealth.
What is the consensus analysts' recommendation for Equity Commonwealth?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Commonwealth in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Equity Commonwealth.
Who are some of Equity Commonwealth's key competitors?
Some companies that are related to Equity Commonwealth include Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), ANNALY Cap Mgmt/SH (NLY), HCP (HCP), Mid-America Apartment Communities (MAA), Klepierre (KLPEF), SINO Ld Ltd/S (SNLAY), Regency Centers (REG), Extra Space Storage (EXR), UDR (UDR), Duke Realty (DRE), Iron Mountain (IRM), Federal Realty Investment Trust (FRT) and AGNC Investment (AGNC).
Who are Equity Commonwealth's key executives?
Equity Commonwealth's management team includes the folowing people:
- Mr. David A. Helfand, Pres, CEO & Trustee (Age 53)
- Mr. Adam Scott Markman, Exec. VP, CFO & Treasurer (Age 53)
- Mr. David S. Weinberg, Exec. VP & COO (Age 49)
- Mr. Orrin S. Shifrin, Exec. VP, Gen. Counsel & Sec. (Age 51)
- Mr. Jeffrey D. Brown, Chief Accounting Officer & Sr. VP (Age 52)
Who are Equity Commonwealth's major shareholders?
Equity Commonwealth's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.27%), Janus Henderson Group PLC (4.90%), Artisan Partners Limited Partnership (2.99%), Victory Capital Management Inc. (2.61%), Renaissance Technologies LLC (2.16%) and Resolution Capital Ltd (1.88%). View Institutional Ownership Trends for Equity Commonwealth.
Which institutional investors are selling Equity Commonwealth stock?
EQC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Thompson Siegel & Walmsley LLC, Artisan Partners Limited Partnership, Renaissance Technologies LLC, Putnam Investments LLC, Cubist Systematic Strategies LLC, Frontier Investment Mgmt Co. and Peregrine Capital Management LLC. View Insider Buying and Selling for Equity Commonwealth.
Which institutional investors are buying Equity Commonwealth stock?
EQC stock was purchased by a variety of institutional investors in the last quarter, including Segall Bryant & Hamill LLC, Resolution Capital Ltd, Nuance Investments LLC, Russell Investments Group Ltd., Caisse DE Depot ET Placement DU Quebec, Millennium Management LLC, Dean Investment Associates LLC and Sei Investments Co.. View Insider Buying and Selling for Equity Commonwealth.
How do I buy shares of Equity Commonwealth?
Shares of EQC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Equity Commonwealth's stock price today?
One share of EQC stock can currently be purchased for approximately $32.28.
How big of a company is Equity Commonwealth?
Equity Commonwealth has a market capitalization of $3.91 billion and generates $340.57 million in revenue each year. The real estate investment trust earns $29.65 million in net income (profit) each year or $0.92 on an earnings per share basis. Equity Commonwealth employs 54 workers across the globe.
What is Equity Commonwealth's official website?
How can I contact Equity Commonwealth?
Equity Commonwealth's mailing address is TWO NORTH RIVERSIDE PLAZA SUITE 2100, CHICAGO IL, 60606. The real estate investment trust can be reached via phone at 312-646-2800 or via email at [email protected]
MarketBeat Community Rating for Equity Commonwealth (NYSE EQC)
MarketBeat's community ratings are surveys of what our community members think about Equity Commonwealth and other stocks. Vote "Outperform" if you believe EQC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EQC will underperform the S&P 500 over the long term. You may vote once every thirty days.
