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

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$32.67 +0.04 (+0.12 %)
(As of 02/18/2019 07:51 AM ET)
Previous Close$32.63
Today's Range$32.51 - $32.90
52-Week Range$28.48 - $32.90
Volume440,707 shs
Average Volume584,266 shs
Market Capitalization$3.97 billion
P/E Ratio47.35
Dividend YieldN/A
Beta0.38
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 September 30, 2018, EQC's portfolio comprised 11 properties and 5.4 million square feet.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP20323310
Phone312-646-2800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$197.02 million
Cash Flow$1.0080 per share
Book Value$25.64 per share

Profitability

Net Income$29.65 million

Miscellaneous

Employees54
Market Cap$3.97 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 announced 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 of this dividend 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 stock repurchase plan on Thursday, March 15th 2018, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its stock is undervalued.

How were Equity Commonwealth's earnings last quarter?

Equity Commonwealth (NYSE:EQC) announced its quarterly earnings results on Wednesday, February, 13th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.05. The real estate investment trust earned $42.93 million during the quarter, compared to analysts' expectations of $44.62 million. Equity Commonwealth had a net margin of 138.47% and a return on equity of 8.48%. The company's revenue for the quarter was down 40.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.19 earnings per share. View Equity Commonwealth's Earnings History.

When is Equity Commonwealth's next earnings date?

Equity Commonwealth is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Equity Commonwealth.

What price target have analysts set for EQC?

3 brokerages 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 twelve months. This suggests a possible upside of 1.0% 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?

Media headlines about EQC stock have trended neutral on Monday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Equity Commonwealth earned a coverage optimism score of 0.3 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the next several days.

Who are some of Equity Commonwealth's key competitors?

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 institutional and retail 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 (1.36%). 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., D. E. Shaw & Co. Inc., New Mountain Vantage Advisers L.L.C., Strs Ohio, Comerica Bank, Geode Capital Management LLC, Los Angeles Capital Management & Equity Research Inc. and Natixis Advisors L.P.. View Insider Buying and Selling for Equity Commonwealth.

Which major investors are buying Equity Commonwealth stock?

EQC stock was purchased by a variety of institutional investors in the last quarter, including Bessemer Group Inc., St. James Investment Company LLC, Segall Bryant & Hamill LLC, Resolution Capital Ltd, Barclays PLC, BlackRock Inc., Macquarie Group Ltd. and Millennium Management LLC. 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 $32.67.

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 $29.65 million in net income (profit) each year or $0.69 on an earnings per share basis. Equity Commonwealth employs 54 workers across the globe.

What is Equity Commonwealth's official website?

The official website for Equity Commonwealth is http://www.eqcre.com.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  233 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  559
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.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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