NYSE:EQC - Equity Commonwealth Stock Price, News, & Analysis

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

Equity Commonwealth declared that its board has initiated a share buyback plan on Thursday, March 15th 2018, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

Equity Commonwealth (NYSE:EQC) announced its quarterly earnings results on Monday, July, 30th. The real estate investment trust reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.03. The real estate investment trust had revenue of $48.60 million for the quarter, compared to analysts' expectations of $59.06 million. Equity Commonwealth had a net margin of 92.07% and a return on equity of 7.27%. The company's revenue for the quarter was down 46.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.22 EPS. View Equity Commonwealth's Earnings History.

Equity Commonwealth is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Equity Commonwealth.

3 Wall Street analysts have issued 12-month price objectives 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 2.4% from the stock's current price. View Analyst Price Targets 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.

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

Headlines about EQC stock have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Equity Commonwealth earned a news and rumor sentiment score of 0.18 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Equity Commonwealth.

Equity Commonwealth's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.27%), Janus Henderson Group PLC (4.90%), Artisan Partners Limited Partnership (2.99%), Victory Capital Management Inc. (2.61%), Renaissance Technologies LLC (2.16%) and Resolution Capital Ltd (1.88%). View Institutional Ownership Trends for Equity Commonwealth.

EQC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Thompson Siegel & Walmsley LLC, Artisan Partners Limited Partnership, Renaissance Technologies LLC, Putnam Investments LLC, Cubist Systematic Strategies LLC, Frontier Investment Mgmt Co. and Peregrine Capital Management LLC. View Insider Buying and Selling for Equity Commonwealth.

EQC stock was acquired by a variety of institutional investors in the last quarter, including Segall Bryant & Hamill LLC, Resolution Capital Ltd, Nuance Investments LLC, Russell Investments Group Ltd., Caisse DE Depot ET Placement DU Quebec, Millennium Management LLC, Dean Investment Associates LLC and Sei Investments Co.. 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 $32.22.

Equity Commonwealth has a market capitalization of $3.93 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]