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Earnings
Equity Commonwealth reports Q2 normalized FFO 3c, consensus 11c » 16:31
07/29/20
07/29
16:31
07/29/20
16:31
EQC

Equity Commonwealth

$31.90 /

+0.055 (+0.17%)

Reports Q2 revenue…

Reports Q2 revenue $16.27M, consensus $18.69M. Same property NOI decreased 23.9% when compared to the same period in 2019. The decline was largely due to lease termination fees received in 2019 and lower parking revenue due to COVID-19.

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EQC Equity Commonwealth
$31.90 /

+0.055 (+0.17%)

EQC Equity Commonwealth
$31.90 /

+0.055 (+0.17%)

08/14/19
Fly Intel: Top five analyst downgrades
08/14/19
Equity Commonwealth downgraded to Market Perform from Outperform at JMP Securities
08/14/19 JMP Securities
Equity Commonwealth downgraded to Market Perform at JMP Securities
EQC Equity Commonwealth
$31.90 /

+0.055 (+0.17%)

Over a month ago
Hot Stocks
Equity Commonwealth reports May contractual rent collection 96% » 16:27
06/01/20
06/01
16:27
06/01/20
16:27
EQC

Equity Commonwealth

$33.18 /

-0.56 (-1.66%)

In a regulatory 8-K…

In a regulatory 8-K filing, the company states: "On May 29, 2020, Equity Commonwealth sold the Georgetown-Green and Harris buildings, a 240,000 square foot office property in Washington, D.C., for $85 million. The property was held for sale as of March 31, 2020. Equity Commonwealth has collected 96% of May contractual rents, including 3% from the application of security deposits and letters of credits, from its four-property, 1.5 million square foot portfolio."

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EQC Equity Commonwealth
$33.18 /

-0.56 (-1.66%)

EQC Equity Commonwealth
$33.18 /

-0.56 (-1.66%)

08/14/19
Fly Intel: Top five analyst downgrades
08/14/19
Equity Commonwealth downgraded to Market Perform from Outperform at JMP Securities
08/14/19 JMP Securities
Equity Commonwealth downgraded to Market Perform at JMP Securities
EQC Equity Commonwealth
$33.18 /

-0.56 (-1.66%)

Over a quarter ago
Hot Stocks
Equity Commonwealth announces $150M share repurchase authorization » 16:15
03/10/20
03/10
16:15
03/10/20
16:15
EQC

Equity Commonwealth

$30.05 /

+0.37 (+1.25%)

Equity Commonwealth…

Equity Commonwealth announced that its Board of Trustees authorized the repurchase of an additional $150M of its outstanding common shares over the next 12 months under the company's existing share repurchase program. The prior $150M authorization will expire on March 13, 2020.

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EQC Equity Commonwealth
$30.05 /

+0.37 (+1.25%)

08/14/19
Fly Intel: Top five analyst downgrades
08/14/19
Equity Commonwealth downgraded to Market Perform from Outperform at JMP Securities
08/14/19 JMP Securities
Equity Commonwealth downgraded to Market Perform at JMP Securities
Earnings
Equity Commonwealth reports Q4 FFO 16c, two estimates 19c » 16:28
02/12/20
02/12
16:28
02/12/20
16:28
EQC

Equity Commonwealth

$32.94 /

-0.01 (-0.03%)

Reports Q4 revenue $26M,…

Reports Q4 revenue $26M, one estimate $26.18M.

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EQC Equity Commonwealth
$32.94 /

-0.01 (-0.03%)

08/14/19
Fly Intel: Top five analyst downgrades
08/14/19
Equity Commonwealth downgraded to Market Perform from Outperform at JMP Securities
08/14/19 JMP Securities
Equity Commonwealth downgraded to Market Perform at JMP Securities
Downgrade
Fly Intel: Top five analyst downgrades » 10:06
08/14/19
08/14
10:06
08/14/19
10:06
AVDR

Avedro

$21.98 /

-0.31 (-1.39%)

, MYGN

Myriad Genetics

$27.01 /

-17.615 (-39.48%)

, PEGI

Pattern Energy

$25.62 /

-0.22 (-0.85%)

, AAP

Advance Auto Parts

$139.60 /

-2.55 (-1.79%)

, EQC

Equity Commonwealth

$33.98 /

-0.16 (-0.47%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Avedro (AVDR) downgraded to Neutral from Overweight at JPMorgan with analyst Robbie Marcus saying another suitor emerging to compete with Glaukos's (GKOS) buyout offer is unlikely. 2. Myriad Genetics (MYGN) downgraded to Neutral from Overweight at Piper Jaffray with analyst William Quirk saying the company reported "disappointing" fiscal Q4 results with revenue, adjusted earnings and FY20 guidance well below consensus. 3. Pattern Energy (PEGI) downgraded to Market Perform from Outperform at Wells Fargo with analyst Neil Kalton saying after the company confirmed it has drawn interest from third parties, the analyst believes Pattern's current valuation reflects some amount of a takeout premium. 4. Advance Auto Parts (AAP) downgraded to Neutral from Buy at Guggenheim with analyst Ali Faghri citing the company's weaker than expected Q2 results and sees risk to its fiscal 2019 guidance. 5. Equity Commonwealth (EQC) downgraded to Market Perform at JMP Securities with analyst Mitch Germain citing valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
AVDR Avedro
$21.98 /

-0.31 (-1.39%)

08/14/19 JPMorgan
JPMorgan downgrades Avedro to Neutral, says another suitor unlikely
08/14/19 JPMorgan
Avedro downgraded to Neutral from Overweight at JPMorgan
08/13/19 Stephens
Glaukos pullback provides buying opportunity, says Stephens
08/12/19 SVB Leerink
Avedro downgraded to Market Perform from Outperform at SVB Leerink
MYGN Myriad Genetics
$27.01 /

-17.615 (-39.48%)

08/14/19 JPMorgan
Myriad Genetics reported another disappointing quarter, says JPMorgan
08/14/19 Deutsche Bank
Myriad Genetics price target lowered to $35 from $45 at Deutsche Bank
08/14/19 Piper Sandler
Myriad Genetics downgraded to Neutral from Overweight at Piper Jaffray
08/02/19 BofA
BofA/Merrill upgrades Myriad to Neutral on unexpected UnitedHealthcare decision
PEGI Pattern Energy
$25.62 /

-0.22 (-0.85%)

08/14/19 Wells Fargo
Pattern Energy downgraded to Market Perform from Outperform at Wells Fargo
04/30/19 Morgan Stanley
Clearway, Pattern Energy could see boost on Atlantica news, says Morgan Stanley
02/04/19 Macquarie
Pattern Energy downgraded to Underperform from Neutral at Macquarie
02/01/19 BMO Capital
Pattern Energy downgraded to Market Perform from Outperform at BMO Capital
AAP Advance Auto Parts
$139.60 /

-2.55 (-1.79%)

08/14/19 Credit Suisse
Advance Auto Parts price target lowered to $162 from $195 at Credit Suisse
08/14/19 Guggenheim
Guggenheim downgrades Advance Auto, sees risk to second half guidance
08/14/19 Guggenheim
Advance Auto Parts downgraded to Neutral from Buy at Guggenheim
08/12/19 JPMorgan
JPMorgan likes risk/reward on Advance Auto shares into earnings
EQC Equity Commonwealth
$33.98 /

-0.16 (-0.47%)

08/14/19
Equity Commonwealth downgraded to Market Perform from Outperform at JMP Securities
08/14/19 JMP Securities
Equity Commonwealth downgraded to Market Perform at JMP Securities
Downgrade
Equity Commonwealth downgraded to Market Perform from Outperform at JMP Securities » 06:25
08/14/19
08/14
06:25
08/14/19
06:25
EQC

Equity Commonwealth

$34.14 /

-0.08 (-0.23%)

As previously reported,…

As previously reported, JMP Securities analyst Mitch Germain downgraded Equity Commonwealth to Market Perform on valuation, with shares trading above his prior $34 price target. The analyst also attributes the rating change to the company's "shift in posture" toward dispositions with no assets programmed for sale at this time. Germain adds that there is limited upside to the stock at current level, with current valuation above his net asset asset value estimate and property growth expected to be impacted by tenant contractions.

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EQC Equity Commonwealth
$34.14 /

-0.08 (-0.23%)

08/14/19 JMP Securities
Equity Commonwealth downgraded to Market Perform at JMP Securities
Downgrade
Equity Commonwealth downgraded to Market Perform at JMP Securities » 05:27
08/14/19
08/14
05:27
08/14/19
05:27
EQC

Equity Commonwealth

$34.14 /

-0.08 (-0.23%)

JMP Securities analyst…

JMP Securities analyst Mitchell Germain downgraded Equity Commonwealth to Market Perform from Outperform.

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