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.
No risks detected for EQC from our risk checks.
Equity Commonwealth Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$25.88|
|52 Week High||US$25.40|
|52 Week Low||US$30.31|
|1 Month Change||-0.88%|
|3 Month Change||-3.68%|
|1 Year Change||-11.64%|
|3 Year Change||-17.63%|
|5 Year Change||-15.67%|
|Change since IPO||-32.78%|
Recent News & Updates
|EQC||US REITs||US Market|
Return vs Industry: EQC underperformed the US REITs industry which returned 34.6% over the past year.
Return vs Market: EQC underperformed the US Market which returned 31.5% over the past year.
Stable Share Price: EQC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: EQC's weekly volatility (2%) has been stable over the past year.
About the Company
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.
Equity Commonwealth Fundamentals Summary
|EQC fundamental statistics|
Is EQC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EQC income statement (TTM)|
|Cost of Revenue||US$26.63m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.17|
|Net Profit Margin||-34.86%|
How did EQC perform over the long term?See historical performance and comparison
Is Equity Commonwealth undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: EQC ($25.88) is trading above our estimate of fair value ($0.5)
Significantly Below Fair Value: EQC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EQC is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: EQC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EQC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EQC is good value based on its PB Ratio (1x) compared to the US REITs industry average (2x).
How is Equity Commonwealth forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EQC is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: EQC is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: EQC is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: EQC's revenue is expected to decline over the next 3 years (-5.3% per year).
High Growth Revenue: EQC's revenue is forecast to decline over the next 3 years (-5.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EQC is forecast to be unprofitable in 3 years.
How has Equity Commonwealth performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EQC is currently unprofitable.
Growing Profit Margin: EQC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EQC is unprofitable, but has reduced losses over the past 5 years at a rate of 16.5% per year.
Accelerating Growth: Unable to compare EQC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EQC is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (3.9%).
Return on Equity
High ROE: EQC has a negative Return on Equity (-0.41%), as it is currently unprofitable.
How is Equity Commonwealth's financial position?
Financial Position Analysis
Short Term Liabilities: EQC's short term assets ($3.0B) exceed its short term liabilities ($22.1M).
Long Term Liabilities: EQC's short term assets ($3.0B) exceed its long term liabilities ($2.4M).
Debt to Equity History and Analysis
Debt Level: EQC is debt free.
Reducing Debt: EQC has no debt compared to 5 years ago when its debt to equity ratio was 48.7%.
Debt Coverage: EQC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EQC has no debt, therefore coverage of interest payments is not a concern.
What is Equity Commonwealth current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EQC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EQC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EQC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EQC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: EQC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EQC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Helfand (56 yo)
Mr. David A. Helfand has been the Chief Executive Officer and President at Equity Commonwealth since May 2014. Mr. Helfand has been an Advisor and previously served as a Co-President at Equity Group Invest...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD5.37M) is about average for companies of similar size in the US market ($USD5.34M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: EQC's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: EQC's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Equity Commonwealth's employee growth, exchange listings and data sources
- Name: Equity Commonwealth
- Ticker: EQC
- Exchange: NYSE
- Founded: 1986
- Industry: Office REITs
- Sector: Real Estate
- Implied Market Cap: US$3.162b
- Market Cap: US$3.156b
- Shares outstanding: 122.19m
- Website: https://www.eqcre.com
Number of Employees
- Equity Commonwealth
- Two North Riverside Plaza
- Suite 2100
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 22:32|
|End of Day Share Price||2021/09/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.