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
SymbolNYSE:EQC
CUSIP20323310
Phone312-646-2800
Debt
Debt-to-Equity Ratio0.08
Current Ratio63.57
Quick Ratio63.57
Price-To-Earnings
Trailing P/E Ratio31.98
Forward P/E Ratio43.37
P/E GrowthN/A
Sales & Book Value
Annual Sales$340.57 million
Price / Sales10.52
Cash Flow$0.9253 per share
Price / Cash31.87
Book Value$25.64 per share
Price / Book1.15
Profitability
EPS (Most Recent Fiscal Year)$0.92
Net Income$29.65 million
Net Margins92.07%
Return on Equity7.27%
Return on Assets5.76%
Miscellaneous
Employees54
Outstanding Shares121,480,000
Market Cap$3.90 billion
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. Investors of record on Tuesday, October 9th will be paid 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 approved a stock repurchase program on Thursday, March 15th 2018, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.
How were Equity Commonwealth's earnings last quarter?
Equity Commonwealth (NYSE:EQC) announced its earnings results on Monday, July, 30th. The real estate investment trust reported $0.17 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.14 by $0.03. The real estate investment trust had revenue of $48.60 million for the quarter, compared to analyst estimates of $59.06 million. Equity Commonwealth had a return on equity of 7.27% and a net margin of 92.07%. The company's quarterly revenue was down 46.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.22 earnings per share. View Equity Commonwealth's Earnings History.
When is Equity Commonwealth's next earnings date?
How can I listen to Equity Commonwealth's earnings call?
Equity Commonwealth will be holding an earnings conference call on Thursday, October 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774079039.
What price target have analysts set for EQC?
3 equities research analysts have issued 12 month target prices for Equity Commonwealth's stock. Their forecasts range from $32.00 to $34.00. On average, they anticipate Equity Commonwealth's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 11.9% 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.
Are investors shorting Equity Commonwealth?
Equity Commonwealth saw a increase in short interest during 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 volume of 1,136,674 shares, the short-interest ratio is presently 3.2 days. Approximately 3.1% of the company's 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 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), SINO Ld Ltd/S (SNLAY), Extra Space Storage (EXR), Regency Centers (REG), UDR (UDR), Duke Realty (DRE), Iron Mountain (IRM), Federal Realty Investment Trust (FRT) and AGNC Investment (AGNC).
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 variety of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.16%), Aperio Group LLC (0.11%), Bank of Montreal Can (0.08%), State of Alaska Department of Revenue (0.06%), Nisa Investment Advisors LLC (0.05%) and CenturyLink Investment Management Co (0.03%). View Institutional Ownership Trends for Equity Commonwealth.
Which major investors are selling Equity Commonwealth stock?
Which major investors are buying Equity Commonwealth stock?
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 $29.49.
How big of a company is Equity Commonwealth?
Equity Commonwealth has a market capitalization of $3.90 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.
