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 Date7/29/2019 (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 declared a dividend on Wednesday, September 26th. Shareholders 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 approved a share buyback program on Thursday, March 15th 2018, which allows the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.
How were Equity Commonwealth's earnings last quarter?
Equity Commonwealth (NYSE:EQC) issued its quarterly earnings data on Monday, April, 29th. The real estate investment trust reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.03. The real estate investment trust had revenue of $41.75 million for the quarter, compared to analyst estimates of $36.17 million. Equity Commonwealth had a net margin of 164.13% and a return on equity of 9.31%. The business's revenue for the quarter was down 28.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.14 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?
2 Wall Street analysts have issued 1-year price objectives for Equity Commonwealth's stock. 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 that the stock has a possible downside of 2.8%. View Analyst Price Targets for Equity Commonwealth.
What is the consensus analysts' recommendation for Equity Commonwealth?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equity Commonwealth in the last year. There are currently 2 hold ratings 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 neutral on Thursday, according to InfoTrie. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Equity Commonwealth earned a coverage optimism score of 0.2 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Equity Commonwealth.
Are investors shorting Equity Commonwealth?
Equity Commonwealth saw a decline in short interest in the month of May. As of May 15th, there was short interest totalling 1,942,300 shares, a decline of 21.5% from the April 15th total of 2,475,300 shares. Based on an average daily trading volume, of 647,800 shares, the days-to-cover ratio is currently 3.0 days. Approximately 1.6% of the shares of the stock are short sold. 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), WP Carey (WPC), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Mid-America Apartment Communities (MAA), ANNALY CAP MGMT/SH (NLY), UDR (UDR), Vornado Realty Trust (VNO), Sun Communities (SUI), Duke Realty (DRE), Regency Centers (REG), Gecina (GECFF), Equity Lifestyle Properties (ELS), SINO LD LTD/S (SNLAY) and Klepierre (KLPEF).
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 a number of of institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (4.71%), Jackson Square Partners LLC (4.67%), Artisan Partners Limited Partnership (2.58%), Victory Capital Management Inc. (1.96%), Resolution Capital Ltd (1.83%) and JPMorgan Chase & Co. (0.94%). Company insiders that own Equity Commonwealth stock include Adam Scott Markman and James Lloyd Lozier Jr. 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 Victory Capital Management Inc., First Trust Advisors LP, William Blair Investment Management LLC, Janus Henderson Group PLC, Resolution Capital Ltd, State of New Jersey Common Pension Fund D, Artisan Partners Limited Partnership and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have sold Equity Commonwealth company stock in the last year include Adam Scott Markman and James Lloyd Lozier Jr. 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 JPMorgan Chase & Co., Parametric Portfolio Associates LLC, Jackson Square Partners LLC, Thompson Siegel & Walmsley LLC, BNP Paribas Arbitrage SA, Marshall Wace North America L.P., Cove Street Capital LLC and Virginia Retirement Systems ET AL. 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 $33.96.
How big of a company is Equity Commonwealth?
Equity Commonwealth has a market capitalization of $4.14 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.View Additional Information About Equity Commonwealth.
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.
