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Equity Commonwealth (EQC)

NYSE: EQC · IEX Real-Time Price · USD
26.47 -0.18 (-0.68%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap3.23B
Revenue (ttm)60.92M
Net Income (ttm)-21.24M
Shares Out122.19M
EPS (ttm)-0.17
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume550,912
Open26.61
Previous Close26.65
Day's Range26.38 - 26.60
52-Week Range25.40 - 29.29
Beta0.28
AnalystsHold
Price Target28.75 (+8.6%)
Est. Earnings DateOct 27, 2021

About EQC

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. EQC's same property portfolio is comprised of 4 properties and 1.5 million square feet.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateDec 17, 1986
CEODavid Helfand
Employees28
Stock ExchangeNYSE
Ticker SymbolEQC
Full Company Profile

Financial Performance

In 2020, EQC's revenue was $66.28 million, a decrease of -48.16% compared to the previous year's $127.85 million. Earnings were $451.29 million, a decrease of -8.40%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for EQC stock is "Hold." The 12-month stock price forecast is 28.75, which is an increase of 8.61% from the latest price.

Price Target
$28.75
(8.61% upside)
Analyst Consensus: Hold

News

Equity Commonwealth Declares Series D Preferred Dividend

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that its Board of Trustees declared a dividend on the company's Series D Preferred Shares. A quarterly dividend of $0.40625 per ...

2 weeks ago - Business Wire

Equity Commonwealth Announces Third Quarter 2021 Earnings Conference Call

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that the company will release its third quarter 2021 operating results on Wednesday, October 27, 2021, after the close of tradin...

3 weeks ago - Business Wire

Equity Commonwealth Announces Results of Special Meeting and Termination of Merger Agreement with Monmouth

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that its shareholders approved the proposals in connection with the proposed merger with Monmouth Real Estate Investment Corpora...

Other symbols:MNR
1 month ago - Business Wire

Equity Commonwealth Issues Open Letter to Monmouth Shareholders

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today announced that its Chairman of the Board, Sam Zell, and Chief Executive Officer, David Helfand, sent the following letter to the sharehold...

Other symbols:MNR
2 months ago - Business Wire

Ron Muhlenkamp's Firm Goes 1 for 1 in 2nd Quarter

Muhlenkamp & Co. Inc., the investment firm founded by Ronald Muhlenkamp (Trades, Portfolio), released its portfolio for the second quarter earlier this month.

Other symbols:BMYCCJMTZNVTA
2 months ago - GuruFocus

Equity Commonwealth and Monmouth Real Estate Amend Merger Agreement to Increase Value of Offer

CHICAGO & HOLMDEL, N.J.--(BUSINESS WIRE)--Equity Commonwealth and Monmouth Real Estate Amend Merger Agreement to Increase Value of Offer and Include Cash

Other symbols:MNR
2 months ago - Business Wire

Equity Commonwealth Reports Second Quarter 2021 Results

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today reported financial results for the quarter ended June 30, 2021. Merger Update On May 4, 2021, the company announced that Equity Commonweal...

Other symbols:MNR
2 months ago - Business Wire

Equity Commonwealth Declares Series D Preferred Dividend

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that its Board of Trustees declared a dividend on the company's Series D Preferred Shares. A quarterly dividend of $0.40625 per ...

3 months ago - Business Wire

Equity Commonwealth Announces Second Quarter 2021 Earnings Conference Call

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that the company will release its second quarter 2021 operating results on Wednesday, July 28, 2021, after the close of trading....

3 months ago - Business Wire

8 REITs to Consider for Steady Income in Your Portfolio

Real estate investment trusts (REITs) can offer investors the chance to get into the real estate market without buying property. The post 8 REITs to Consider for Steady Income in Your Portfolio appeared...

4 months ago - InvestorPlace

Steven Scruggs Comments on Equity Commonwealth

Equity Commonwealth ( EQC , Financial) a new holding we began purchasing during the quarter fell on no significant news.

5 months ago - GuruFocus

MONMOUTH REAL ESTATE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates ...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Monmouth Real Esta...

Other symbols:MNR
5 months ago - Business Wire

Equity Commonwealth Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Equity ...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Equity Commonwealth (NYSE: EQC) and Monmouth Real Estate Investment Corporation is ...

5 months ago - Business Wire

SHAREHOLDER ALERT: WeissLaw LLP Investigates Monmouth Real Estate Investment Corporation

NEW YORK, May 5, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Monmouth Real Estate Investment Corporati...

Other symbols:MNR
5 months ago - PRNewsWire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Monmouth Real Estate Investment Corporation

NEW YORK, May 5, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Monmouth Real Estate Investment Corporation (NYSE: MNR) and its board of directors concernin...

Other symbols:MNR
5 months ago - PRNewsWire

Equity Commonwealth to Acquire Monmouth Real Estate for $3.4 Billion

CHICAGO & HOLMDEL, N.J.--(BUSINESS WIRE)--Equity Commonwealth to Acquire Monmouth Real Estate for $3.4 Billion and Transition into the Industrial Sector

Other symbols:MNR
5 months ago - Business Wire

Equity Commonwealth Reports First Quarter 2021 Results

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today reported financial results for the quarter ended March 31, 2021. We continue to monitor the impact of COVID-19 on our business. Our priori...

5 months ago - Business Wire

Equity Commonwealth Declares Series D Preferred Dividend

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that its Board of Trustees declared a dividend on the company's Series D Preferred Shares. A quarterly dividend of $0.40625 per ...

6 months ago - Business Wire

Equity Commonwealth Announces First Quarter 2021 Earnings Conference Call

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that the company will release its first quarter 2021 operating results on Tuesday, May 4, 2021, after market close. A conference...

6 months ago - Business Wire

7 Cheap Stocks That Won't Be on Discount for Long

Cheap, solid stocks may seem like a mirage considering the equity bull run, but several excellent investments are trading at a discount. The post 7 Cheap Stocks That Won't Be on Discount for Long appear...

Other symbols:BGFVCTOGSKINTUJDLINC
6 months ago - InvestorPlace

Equity Commonwealth Sets 2021 Virtual Annual Meeting of Shareholders

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today announced that its Annual Meeting of Shareholders will be held virtually on Wednesday, June 23, 2021, at 9:00 a.m. Central Time. Sharehold...

7 months ago - Business Wire

Equity Commonwealth to Participate in Citi 2021 Global Property CEO Conference

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today announced that David Helfand, President and CEO, will participate in a company roundtable discussion at the Citi 2021 Global Property CEO ...

7 months ago - Business Wire

Equity Commonwealth Announces Changes to Management Team and Board of Trustees

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today announced certain executive management and board changes. Adam Markman, the Company's Executive Vice President, Chief Financial Officer an...

7 months ago - Business Wire

Equity Commonwealth Announces $150 Million Share Repurchase Authorization

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that its Board of Trustees authorized the repurchase, through June 30, 2022, of an additional $150 million of its outstanding co...

7 months ago - Business Wire

Top REITs for March 2021

These are the REITs with the best value, fastest growth, and most momentum for March 2021.

8 months ago - Investopedia