Equity Commonwealth Common Shares of Beneficial Interest (EQC) Company Bio
Equity Commonwealth owns and operates office buildings in central business district and suburban locations throughout the United States. The company was established in 2014 and is based in Chicago, Illinois.
EQC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for EQC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Equity Commonwealth ranked in the 73th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Equity Commonwealth, consider:
The business' balance sheet reveals debt to be 1% of the company's capital (with equity being the remaining amount). Approximately merely 4.59% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
EQC's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 55.83% of tickers in our DCF set.
As a business, Equity Commonwealth experienced a tax rate of about 0% over the past twelve months; relative to its sector (Real Estate), this tax rate is higher than only 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
DHC, UE, KRG, REG, and SNR can be thought of as valuation peers to EQC, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that the company will release its third quarter 2020 operating results on Wednesday, October 28, 2020, after the close of trading. A conference call to discuss its results will be held on Thursday, October 29, 2020, at 9:00 am Central Time. The conference call will be available via live audio webcast on the Investor Relations section of the company’s website (www.eqcre.com). A replay of the audio webcast will also be avai
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced the appointment of Ellen-Blair Chube to the Company’s Board of Trustees until the next annual meeting of shareholders. Equity Commonwealth’s Board of Trustees has determined that Ms. Chube, who will serve as a member of the Company’s Nominating and Corporate Governance Committee, qualifies as an independent trustee under the New York Stock Exchange listing standards. Ms. Chube, 39, is a Partner, Managing Director and Client Ser
Equity Commonwealth (EQC) Q2 2020 Earnings Conference Call July 30, 2020 10:00 ET Company Participants Sarah Byrnes - Investor Relations David Helfand - President & Chief Executive Officer David Weinberg - Chief Operating Officer Conference Call Participants Elvis Rodriguez - Bank of America Emmanuel Korchman - Citi Michael Bilerman -...
Good morning and thank you for joining us to discuss Equity Commonwealth's results for the quarter ending June 30, 2020. On the call today are David Helfand, President and CEO; David Weinberg, COO; and Adam Markman, CFO.
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today reported financial results for the quarter ended June 30, 2020 and provided an update on its business due to COVID-19. Equity Commonwealth continues to monitor the COVID-19 pandemic and its impact on its business. Our priority is the health and safety of our employees, tenants and building staff. As a result of the pandemic, the vast majority of our tenants continue to work remotely. Our buildings are open, and we are working with