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$197.02 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 announced 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 of Directors has authorized a stock buyback program on Thursday, March 15th 2018, which authorizes the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.
How were Equity Commonwealth's earnings last quarter?
Equity Commonwealth (NYSE:EQC) released its quarterly earnings results on Wednesday, February, 13th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.05. The real estate investment trust had revenue of $42.93 million for the quarter, compared to the consensus estimate of $44.62 million. Equity Commonwealth had a net margin of 138.47% and a return on equity of 8.48%. The company's revenue was down 40.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.19 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 equities research analysts have issued 1-year price objectives for Equity Commonwealth's shares. Their forecasts range from $32.00 to $34.00. On average, they anticipate Equity Commonwealth's stock price to reach $33.00 in the next year. This suggests a possible upside of 0.9% 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?
Media coverage about EQC stock has trended somewhat positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press 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 daily sentiment score of 1.1 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the near term.
Who are some of Equity Commonwealth's key competitors?
Some companies that are related to Equity Commonwealth include Alexandria Real Estate Equities (ARE), HCP (HCP), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), Vornado Realty Trust (VNO), Extra Space Storage (EXR), WP Carey (WPC), UDR (UDR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), Regency Centers (REG), Klepierre (KLPEF), Duke Realty (DRE), Gecina (GECFF) 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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.22%), Victory Capital Management Inc. (2.07%), Resolution Capital Ltd (1.90%), Northern Trust Corp (1.77%), Dimensional Fund Advisors LP (1.61%) and Geode Capital Management LLC (1.36%). 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 Victory Capital Management Inc., D. E. Shaw & Co. Inc., New Mountain Vantage Advisers L.L.C., Strs Ohio, Comerica Bank, Geode Capital Management LLC, Los Angeles Capital Management & Equity Research Inc. and Natixis Advisors L.P.. 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 Bessemer Group Inc., St. James Investment Company LLC, Segall Bryant & Hamill LLC, Resolution Capital Ltd, Barclays PLC, BlackRock Inc., Northern Trust Corp and Boston Partners. 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 $32.69.
How big of a company is Equity Commonwealth?
Equity Commonwealth has a market capitalization of $3.97 billion and generates $197.02 million in revenue each year. The real estate investment trust earns $29.65 million in net income (profit) each year or $0.69 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.
