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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Equity Commonwealth. 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. In terms of the factors that were most noteworthy in this DCF analysis for EQC, they are:
The business' balance sheet reveals debt to be 0% of the company's capital (with equity being the remaining amount). Approximately merely 0.05% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Equity Commonwealth's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 23.05% of US stocks with positive free cash flow.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 0% of stocks in its sector (Real Estate).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
AHH, JLL, MPW, DEI, and BDN 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