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 June 30, 2018, EQC's portfolio comprised 13 properties and 6.3 million square feet.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Current SymbolNYSE:EQC
Previous SymbolNYSE:HRP
CUSIP20323310
Phone312-646-2800
Debt
Debt-to-Equity Ratio0.09
Current Ratio63.60
Quick Ratio63.60
Price-To-Earnings
Trailing P/E Ratio33.51
Forward P/E Ratio47.43
P/E GrowthN/A
Sales & Book Value
Annual Sales$340.57 million
Price / Sales11.00
Cash Flow$1.0078 per share
Price / Cash30.59
Book Value$25.11 per share
Price / Book1.23
Profitability
EPS (Most Recent Fiscal Year)$0.92
Net Income$29.65 million
Net Margins104.48%
Return on Equity7.35%
Return on Assets5.91%
Miscellaneous
Employees54
Outstanding Shares121,480,000
Market Cap$3.74 billion
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 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 declared that its board has initiated a share repurchase plan on Thursday, March 15th 2018, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually 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, October, 24th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.06. The real estate investment trust had revenue of $46.87 million for the quarter, compared to analysts' expectations 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?
What price target have analysts set for EQC?
3 equities research analysts have issued 1-year target prices for Equity Commonwealth's shares. Their forecasts range from $32.00 to $34.00. On average, they expect Equity Commonwealth's share price to reach $33.00 in the next year. This suggests a possible upside of 7.0% 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 headlines about EQC stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Equity Commonwealth earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Are investors shorting Equity Commonwealth?
Equity Commonwealth saw a increase in short interest in the month of September. As of September 28th, there was short interest totalling 3,690,296 shares, an increase of 48.9% from the September 14th total of 2,479,032 shares. Based on an average daily trading volume, of 1,136,674 shares, the short-interest ratio is currently 3.2 days. Approximately 3.1% 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 Host Hotels and Resorts (HST), HCP (HCP), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), ANNALY Cap Mgmt/SH (NLY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), Gecina (GECFF), UDR (UDR), Regency Centers (REG), Klepierre (KLPEF), WP Carey (WPC), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE) and Federal Realty Investment Trust (FRT).
Who are Equity Commonwealth's key executives?
Equity Commonwealth's management team includes the folowing people:
- Mr. David A. Helfand, Pres, CEO & Trustee (Age 53)
- Mr. Adam Scott Markman, Exec. VP, CFO & Treasurer (Age 53)
- Mr. David S. Weinberg, Exec. VP & COO (Age 49)
- Mr. Orrin S. Shifrin, Exec. VP, Gen. Counsel & Sec. (Age 51)
- Mr. Jeffrey D. Brown, Chief Accounting Officer & Sr. VP (Age 52)
Who are Equity Commonwealth's major shareholders?
Equity Commonwealth's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.10%), Janus Henderson Group PLC (4.93%), Jackson Square Partners LLC (3.68%), Victory Capital Management Inc. (2.56%), Nuance Investments LLC (2.04%) and Renaissance Technologies LLC (2.04%). 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 JPMorgan Chase & Co., JPMorgan Chase & Co., Resolution Capital Ltd, Thompson Siegel & Walmsley LLC, Renaissance Technologies LLC, Jackson Square Partners LLC, Ancora Advisors LLC and Victory Capital Management Inc.. View Insider Buying and Selling for Equity Commonwealth.
Which institutional investors are buying Equity Commonwealth stock?
EQC stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Massachusetts Financial Services Co. MA, Talara Capital Management LLC, First Trust Advisors LP, Nuance Investments LLC, Credit Suisse AG, Los Angeles Capital Management & Equity Research Inc. and Miller Howard Investments Inc. NY. 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 $30.84.
How big of a company is Equity Commonwealth?
Equity Commonwealth has a market capitalization of $3.74 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.
