NYSE:EQC - Equity Commonwealth Stock Price, News, & Analysis

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$32.04 +0.23 (+0.72 %)
(As of 04/24/2019 04:00 PM ET)
Previous Close$31.81
Today's Range$31.92 - $32.15
52-Week Range$28.48 - $33.77
Volume456,955 shs
Average Volume668,799 shs
Market Capitalization$3.90 billion
P/E Ratio46.43
Dividend YieldN/A
Beta0.33
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 December 31, 2018, EQC's portfolio comprised 10 properties and 5.1 million square feet.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP20323310
Phone312-646-2800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$197.02 million
Cash Flow$2.7084 per share
Book Value$25.23 per share

Profitability

Net Income$272.81 million

Miscellaneous

Employees41
Market Cap$3.90 billion
Next Earnings Date4/29/2019 (Confirmed)
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 given a dividend of $2.50 per share on Tuesday, October 23rd. The ex-dividend date 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 has initiated a stock buyback plan on Thursday, March 15th 2018, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's management believes its shares are undervalued.

How were Equity Commonwealth's earnings last quarter?

Equity Commonwealth (NYSE:EQC) issued its quarterly earnings results on Wednesday, February, 13th. The real estate investment trust reported $0.21 EPS for the quarter, topping the consensus estimate of $0.16 by $0.05. The real estate investment trust earned $42.93 million during the quarter, compared to analysts' expectations of $44.62 million. Equity Commonwealth had a net margin of 138.47% and a return on equity of 8.58%. The company's revenue was down 40.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.19 EPS. View Equity Commonwealth's Earnings History.

When is Equity Commonwealth's next earnings date?

Equity Commonwealth is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Equity Commonwealth.

What price target have analysts set for EQC?

3 equities research analysts have issued 1 year price targets for Equity Commonwealth's stock. Their predictions 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 3.0% 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?

News coverage about EQC stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Equity Commonwealth earned a news sentiment score of -1.1 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Are investors shorting Equity Commonwealth?

Equity Commonwealth saw a increase in short interest in the month of March. As of March 15th, there was short interest totalling 3,966,508 shares, an increase of 57.5% from the February 28th total of 2,518,291 shares. Based on an average daily volume of 924,928 shares, the short-interest ratio is currently 4.3 days. Approximately 3.3% of the company's stock are sold short. View Equity Commonwealth's Current Options Chain.

Who are some of Equity Commonwealth's key competitors?

What other stocks do shareholders of Equity Commonwealth own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Equity Commonwealth investors own include Dicerna Pharmaceuticals (DRNA), Baxter International (BAX), Stanley Black & Decker (SWK), United Parcel Service (UPS), Activision Blizzard (ATVI), Illumina (ILMN), CVS Health (CVS), Hess (HES), Nike (NKE) and Ares Capital (ARCC).

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 many different of institutional and retail investors. Top institutional shareholders include Resolution Capital Ltd (1.83%), State of Alaska Department of Revenue (0.06%), CenturyLink Investment Management Co (0.03%), Chesley Taft & Associates LLC (0.02%), Strs Ohio (0.02%) and Beacon Financial Group (0.02%). View Institutional Ownership Trends for Equity Commonwealth.

Which major investors are selling Equity Commonwealth stock?

EQC stock was sold by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, State of Alaska Department of Revenue, CenturyLink Investment Management Co, Chesley Taft & Associates LLC, Beacon Financial Group and Strs Ohio. View Insider Buying and Selling for Equity Commonwealth.

Which major investors are buying Equity Commonwealth stock?

EQC stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Investors Research Corp and Nisa Investment Advisors LLC. 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 $32.04.

How big of a company is Equity Commonwealth?

Equity Commonwealth has a market capitalization of $3.90 billion and generates $197.02 million in revenue each year. The real estate investment trust earns $272.81 million in net income (profit) each year or $0.69 on an earnings per share basis. Equity Commonwealth employs 41 workers across the globe.

What is Equity Commonwealth's official website?

The official website for Equity Commonwealth is http://www.eqcre.com.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  247 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  588
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.
This page was last updated on 4/24/2019 by MarketBeat.com Staff

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