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.
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
Employees41
Next Earnings Date5/6/2019 (Estimated)
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 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 share repurchase plan on Thursday, March 15th 2018, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its shares are undervalued.
How were Equity Commonwealth's earnings last quarter?
Equity Commonwealth (NYSE:EQC) posted its quarterly earnings results on Wednesday, February, 13th. The real estate investment trust reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.05. The real estate investment trust had revenue of $42.93 million for the quarter, compared to analysts' expectations of $44.62 million. Equity Commonwealth had a return on equity of 8.58% and a net margin of 138.47%. Equity Commonwealth's revenue for the quarter was down 40.1% on a year-over-year basis. During the same period in the prior year, the business earned $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 analysts have issued 1 year price objectives 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 twelve months. This suggests a possible upside of 1.2% 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.
Has Equity Commonwealth been receiving favorable news coverage?
Press coverage about EQC stock has been trending positive on Sunday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Equity Commonwealth earned a coverage optimism score of 2.1 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days.
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), Host Hotels and Resorts (HST), WP Carey (WPC), Extra Space Storage (EXR), Vornado Realty Trust (VNO), UDR (UDR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), Klepierre (KLPEF), Regency Centers (REG), Duke Realty (DRE), Gecina (GECFF), Equity Lifestyle Properties (ELS) and Sun Communities (SUI).
What other stocks do shareholders of Equity Commonwealth own?
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 retail and institutional investors. Top institutional shareholders 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 (1.35%). 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, Geode Capital Management LLC and Los Angeles Capital Management & Equity Research Inc.. 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 Norges Bank, APG Asset Management N.V., Bessemer Group Inc., St. James Investment Company LLC, Segall Bryant & Hamill LLC, Resolution Capital Ltd, Barclays PLC and BlackRock Inc.. 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 $32.60.
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 $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?
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.
