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 September 30, 2018, EQC's portfolio comprised 11 properties and 5.4 million square feet.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Phone312-646-2800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$340.57 million
Profitability
Miscellaneous
Employees54
OptionableOptionable
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 often does Equity Commonwealth pay dividends? What is the dividend yield for Equity Commonwealth?
Equity Commonwealth declared a dividend on Wednesday, September 26th. Investors of record on Tuesday, October 9th will be paid a dividend of $2.50 per share on Tuesday, October 23rd. The ex-dividend date of this dividend is Friday, October 5th. View Equity Commonwealth's Dividend History.
How will Equity Commonwealth's stock buyback program work?
Equity Commonwealth announced that its Board of Directors has authorized a stock buyback program on Thursday, March 15th 2018, which authorizes the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.
How were Equity Commonwealth's earnings last quarter?
Equity Commonwealth (NYSE:EQC) posted its quarterly earnings data on Wednesday, October, 24th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.06. The real estate investment trust had revenue of $46.87 million for the quarter, compared to analysts' expectations of $48.78 million. Equity Commonwealth had a return on equity of 7.35% and a net margin of 104.48%. View Equity Commonwealth's Earnings History.
When is Equity Commonwealth's next earnings date?
How can I listen to Equity Commonwealth's earnings call?
Equity Commonwealth will be holding an earnings conference call on Thursday, February 14th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
What price target have analysts set for EQC?
3 analysts have issued 1-year target prices for Equity Commonwealth's shares. Their forecasts range from $32.00 to $34.00. On average, they anticipate Equity Commonwealth's share price to reach $33.00 in the next year. This suggests a possible upside of 7.3% 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.
Has Equity Commonwealth been receiving favorable news coverage?
Press coverage about EQC stock has trended somewhat negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Equity Commonwealth earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Are investors shorting Equity Commonwealth?
Equity Commonwealth saw a increase in short interest in the month of December. As of December 14th, there was short interest totalling 2,992,946 shares, an increase of 40.9% from the November 30th total of 2,123,768 shares. Based on an average trading volume of 586,852 shares, the short-interest ratio is presently 5.1 days. Currently, 2.5% of the shares of the stock are sold short. View Equity Commonwealth's Current Options Chain.
Who are some of Equity Commonwealth's key competitors?
Some companies that are related to Equity Commonwealth include HCP (HCP), ANNALY CAP MGMT/SH (NLY), Alexandria Real Estate Equities (ARE), Host Hotels and Resorts (HST), Vornado Realty Trust (VNO), Extra Space Storage (EXR), SINO LD LTD/S (SNLAY), Mid-America Apartment Communities (MAA), WP Carey (WPC), UDR (UDR), Regency Centers (REG), Gecina (GECFF), Klepierre (KLPEF), Duke Realty (DRE) and Iron Mountain (IRM).
Who are Equity Commonwealth's key executives?
Equity Commonwealth's management team includes the folowing people:
- Mr. David A. Helfand, Pres, CEO & Trustee (Age 54)
- Mr. Adam Scott Markman, Exec. VP, CFO & Treasurer (Age 54)
- Mr. David S. Weinberg, Exec. VP & COO (Age 50)
- Mr. Orrin S. Shifrin, Exec. VP, Gen. Counsel & Sec. (Age 52)
- Mr. Jeffrey D. Brown, Chief Accounting Officer & Sr. VP (Age 53)
Who are Equity Commonwealth's major shareholders?
Equity Commonwealth's stock is owned by a number of of institutional and retail investors. Top institutional investors include Resolution Capital Ltd (1.90%), Peregrine Capital Management LLC (0.17%), Gateway Investment Advisers LLC (0.12%), State of Alaska Department of Revenue (0.07%), CenturyLink Investment Management Co (0.03%) and Chesley Taft & Associates LLC (0.02%). View Institutional Ownership Trends for Equity Commonwealth.
Which major investors are selling Equity Commonwealth stock?
Which major investors are buying Equity Commonwealth stock?
EQC stock was bought by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Gateway Investment Advisers LLC, Beacon Financial Group, State of Alaska Department of Revenue, Legacy Financial Advisors Inc., Peregrine Capital Management LLC and CenturyLink Investment Management 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 $30.75.
How big of a company is Equity Commonwealth?
Equity Commonwealth has a market capitalization of $3.74 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.
