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 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 repurchase program on Thursday, March 15th 2018, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.
How were Equity Commonwealth's earnings last quarter?
Equity Commonwealth (NYSE:EQC) announced its earnings results on Wednesday, October, 24th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.06. The real estate investment trust earned $46.87 million during the quarter, compared to analyst estimates of $48.78 million. Equity Commonwealth had a net margin of 104.48% and a return on equity of 7.35%. 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 brokerages have issued 1-year target prices for Equity Commonwealth's stock. Their predictions range from $32.00 to $34.00. On average, they expect Equity Commonwealth's stock price to reach $33.00 in the next year. This suggests a possible upside of 6.7% 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 articles about EQC stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing 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 1.2 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.
Are investors shorting Equity Commonwealth?
Equity Commonwealth saw a increase in short interest in 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 days-to-cover ratio is presently 5.1 days. Currently, 2.5% of the company's 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), WP Carey (WPC), Mid-America Apartment Communities (MAA), Regency Centers (REG), UDR (UDR), Gecina (GECFF), Duke Realty (DRE), Iron Mountain (IRM) 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 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 institutional and retail investors. Top institutional shareholders 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 institutional investors are selling Equity Commonwealth stock?
Which institutional investors are buying Equity Commonwealth stock?
EQC stock was purchased 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 $30.94.
How big of a company is Equity Commonwealth?
Equity Commonwealth has a market capitalization of $3.71 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.
