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 of Directors has approved a stock buyback program on Thursday, March 15th 2018, which permits the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

Equity Commonwealth (NYSE:EQC) announced its quarterly earnings results on Tuesday, October, 24th. The real estate investment trust reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.05. The real estate investment trust earned $77.80 million during the quarter, compared to analysts' expectations of $92.13 million. Equity Commonwealth had a net margin of 64.57% and a return on equity of 6.03%. The firm's revenue for the quarter was down 32.1% on a year-over-year basis. During the same period in the previous year, the business 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 analysts have issued 12 month price targets for Equity Commonwealth's stock. Their predictions range from $32.00 to $33.00. On average, they expect Equity Commonwealth's stock price to reach $32.50 in the next twelve months. 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 Essex Property Trust (ESS), 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), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Iron Mountain (IRM), UDR (UDR) and Federal Realty Investment Trust (FRT).

Press coverage about EQC stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Equity Commonwealth earned a news impact score of 0.15 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 46.64 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Equity Commonwealth's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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 $3.79 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]