NYSE:EQC - Equity Commonwealth Stock Price, Price Target & More

Equity Commonwealth trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQC."

Equity Commonwealth announced that its board has initiated a stock buyback program on Thursday, March 15th 2018, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Equity Commonwealth (NYSE:EQC) issued its quarterly earnings data on Tuesday, October, 24th. The real estate investment trust reported $0.19 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.24 by $0.05. The real estate investment trust had revenue of $77.80 million for the quarter, compared to analyst estimates of $92.13 million. Equity Commonwealth had a net margin of 64.57% and a return on equity of 6.03%. The business's quarterly revenue was down 32.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.23 EPS. View Equity Commonwealth's Earnings History.

Equity Commonwealth is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Equity Commonwealth.

2 equities research analysts have issued 1 year price objectives for Equity Commonwealth's stock. Their predictions range from $32.00 to $33.00. On average, they expect Equity Commonwealth's share price to reach $32.50 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Ratings 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 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Equity Commonwealth include Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), HCP (HCP), ANNALY Cap Mgmt/SH (NLY), Extra Space Storage (EXR), Klépierre (KLPEF), Mid-America Apartment Communities (MAA), Regency Centers (REG), Duke Realty (DRE), Iron Mountain (IRM), SINO Ld Ltd/S (SNLAY), UDR (UDR), Federal Realty Investment Trust (FRT) and SL Green Realty (SLG).

Headlines about EQC stock have trended somewhat positive on Saturday, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Equity Commonwealth earned a media sentiment score of 0.08 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 45.93 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Equity Commonwealth's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.16%), Port Capital LLC (0.10%), Gateway Investment Advisers LLC (0.10%), Bank of Montreal Can (0.06%), State of Alaska Department of Revenue (0.05%) and Clinton Group Inc. (0.04%). View Institutional Ownership Trends for Equity Commonwealth.

EQC stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, State of Alaska Department of Revenue and Gateway Investment Advisers LLC. View Insider Buying and Selling for Equity Commonwealth.

EQC stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Clinton Group Inc., Pwmco LLC, Port Capital LLC, Xact Kapitalforvaltning AB and Nisa Investment Advisors LLC. View Insider Buying and Selling for 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.

One share of EQC stock can currently be purchased for approximately $31.23.

Equity Commonwealth has a market capitalization of $3.83 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.

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]