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Equity Commonwealth (EQC) Stock

Profile

Industry:

Office

Country:

United States

IPO:

17 December 1986

Indexes:

Not included

Description:

Equity Commonwealth (EQC) is a real estate investment trust (REIT) focused on owning and managing office properties. The company aims to enhance shareholder value through strategic acquisitions, efficient management, and a commitment to sustainability in its operations and investments.

Key Details

Price

$1.86

TTM Dividend Yield

1021.51%(+4579.39% YoY)

PE Ratio

4.77(-81.38% YoY)

Beta

0.61

Events Calendar

Earnings

Next earnings date:

Feb 12, 2025

Recent quarterly earnings:

Oct 23, 2024

Recent annual earnings:

Feb 12, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 09, 2024
Splits

Next split:

N/A

Recent split:

July 01, 2010

Analyst ratings

Recent major analysts updates

04 Oct '21 B of A Securities
Underperform
07 May '21 B of A Securities
Neutral
07 Apr '20 Citigroup
Neutral
14 Aug '19 JMP Securities
Market Perform
09 Aug '18 Citigroup
Neutral
01 Aug '18 Stifel Nicolaus
Hold
01 Aug '18 Stifel
Hold
08 May '18 JMP Securities
Market Outperform
16 Feb '18 Stifel Nicolaus
Buy
16 Feb '18 Stifel
Buy

Market Data

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Institutional Ownership

Equity Commonwealth Completes Sale of 1250 H Street
Equity Commonwealth Completes Sale of 1250 H Street
Equity Commonwealth Completes Sale of 1250 H Street
EQC
businesswire.com26 November 2024

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced it completed the sale of 1250 H Street, a 196,000 square foot office property, located in Washington, D.C., for a sales price of $27.5 million. About Equity Commonwealth Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT). Regulation FD Disclosures We use any of the following to comply with our disclosure obligations under Regulation FD: press releases, SEC.

Equity Commonwealth: No Upside In Liquidation
Equity Commonwealth: No Upside In Liquidation
Equity Commonwealth: No Upside In Liquidation
EQC
seekingalpha.com12 November 2024

Equity Commonwealth is liquidating, with a final distribution value range of $19.5 - $21 per share, expected to delist in Q2 2025. The company has sold most assets, with a significant write-down on Texas properties, reflecting broader office REIT market trends. The remaining Denver property is valued at $153 million (likely to be written down on sale), contributing to a total cash value of around $2.25 billion, an insufficient 4% upside.

Equity Commonwealth Completes Sales of Bridgepoint Square and 206 E. 9th Street
Equity Commonwealth Completes Sales of Bridgepoint Square and 206 E. 9th Street
Equity Commonwealth Completes Sales of Bridgepoint Square and 206 E. 9th Street
EQC
businesswire.com01 November 2024

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced it completed the sales of Bridgepoint Square, a 440,000 square foot office property, and 206 E 9th Street, a 176,000 square foot office property, both located in Austin, Texas, for a total sales price of $64.5 million. About Equity Commonwealth 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.

Equity Commonwealth (EQC) Q3 2024 Earnings Call Transcript
Equity Commonwealth (EQC) Q3 2024 Earnings Call Transcript
Equity Commonwealth (EQC) Q3 2024 Earnings Call Transcript
EQC
seekingalpha.com24 October 2024

Equity Commonwealth (NYSE:EQC ) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants David Helfand - President and CEO William Griffiths - CFO David Weinberg - COO Conference Call Participants Craig Mailman - Citi Operator Good morning and thanks for joining this call to discuss Equity Commonwealth's Results for the Quarter Ending September 30, 2024, in an update on the Company. At this time, all participants are in a listen-only mode.

Equity Commonwealth Declares Series D Preferred Dividend
Equity Commonwealth Declares Series D Preferred Dividend
Equity Commonwealth Declares Series D Preferred Dividend
EQC
businesswire.com16 October 2024

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 Series D Preferred Share will be paid on November 15, 2024 to shareholders of record on October 31, 2024 for the period from August 15, 2024 through November 14, 2024. About Equity Commonwealth Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate inv.

Equity Commonwealth Announces Third Quarter 2024 Earnings Conference Call
Equity Commonwealth Announces Third Quarter 2024 Earnings Conference Call
Equity Commonwealth Announces Third Quarter 2024 Earnings Conference Call
EQC
businesswire.com25 September 2024

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that the company will release its third quarter 2024 operating results on Wednesday, October 23, 2024, after the close of trading. A conference call to discuss those results will be held on Thursday, October 24, 2024, 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 av.

Equity Commonwealth Sets Record Date for Special Shareholder Meeting
Equity Commonwealth Sets Record Date for Special Shareholder Meeting
Equity Commonwealth Sets Record Date for Special Shareholder Meeting
EQC
businesswire.com20 September 2024

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) today announced that its Board of Trustees has established October 1, 2024 as the record date (the “Record Date”) for the special shareholder meeting (the “Special Shareholder Meeting”) at which the Company will seek shareholder approval of its proposed Plan of Sale and Dissolution (the “Plan of Sale”) as disclosed in the preliminary proxy statement (the “Preliminary Proxy”) filed by the Company with the U.S. Securities a.

Equity Commonwealth (EQC) Q2 2024 Earnings Call Transcript
Equity Commonwealth (EQC) Q2 2024 Earnings Call Transcript
Equity Commonwealth (EQC) Q2 2024 Earnings Call Transcript
EQC
seekingalpha.com31 July 2024

Equity Commonwealth (NYSE:EQC ) Q2 2024 Results Conference Call July 31, 2024 10:00 AM ET Company Participants David Helfand - President and CEO David Weinberg - COO Bill Griffiths - CFO Conference Call Participants Nick Joseph - Citi Operator Good morning, and thanks for joining this call to discuss Equity Commonwealth's results for the quarter ending June 30, 2024, and an update on the company. [Operator Instructions].

Equity Commonwealth Announces $150 Million Share Repurchase Authorization
Equity Commonwealth Announces $150 Million Share Repurchase Authorization
Equity Commonwealth Announces $150 Million Share Repurchase Authorization
EQC
businesswire.com18 June 2024

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today announced that its Board of Trustees authorized the repurchase, from July 1, 2024 through June 30, 2025, of up to an additional $150 million of its outstanding common shares under the company's existing share repurchase program. The company still has $93 million remaining under its prior authorization that expires on June 30, 2024. Year-to-date through June 18, 2024 the company has not repurchased any shares. Purchases made pursuan.

Equity Commonwealth: Analyzing Potential Preferred Share Returns
Equity Commonwealth: Analyzing Potential Preferred Share Returns
Equity Commonwealth: Analyzing Potential Preferred Share Returns
EQC
seekingalpha.com05 June 2024

By the end of the year, management will announce either a transformative acquisition or the wind down of the business. If the business winds down, an investment in the company's preferred shares might offer an opportunity for risk-free returns. An investment below the preferred share liquidation value of $25.00 offers limited downside.

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FAQ

  • What is the primary business of Equity Commonwealth?
  • What is the ticker symbol for Equity Commonwealth?
  • Does Equity Commonwealth pay dividends?
  • What sector is Equity Commonwealth in?
  • What industry is Equity Commonwealth in?
  • What country is Equity Commonwealth based in?
  • When did Equity Commonwealth go public?
  • Is Equity Commonwealth in the S&P 500?
  • Is Equity Commonwealth in the NASDAQ 100?
  • Is Equity Commonwealth in the Dow Jones?
  • When was Equity Commonwealth's last earnings report?
  • When does Equity Commonwealth report earnings?
  • Should I buy Equity Commonwealth stock now?

What is the primary business of Equity Commonwealth?

Equity Commonwealth (EQC) is a real estate investment trust (REIT) focused on owning and managing office properties. The company aims to enhance shareholder value through strategic acquisitions, efficient management, and a commitment to sustainability in its operations and investments.

What is the ticker symbol for Equity Commonwealth?

The ticker symbol for Equity Commonwealth is NYSE:EQC

Does Equity Commonwealth pay dividends?

Yes, Equity Commonwealth pays dividends. The last payment was $19.00, with an ex-dividend date on 09 December 2024

What sector is Equity Commonwealth in?

Equity Commonwealth is in the Real Estate sector

What industry is Equity Commonwealth in?

Equity Commonwealth is in the Office industry

What country is Equity Commonwealth based in?

Equity Commonwealth is headquartered in United States

When did Equity Commonwealth go public?

Equity Commonwealth's initial public offering (IPO) was on 17 December 1986

Is Equity Commonwealth in the S&P 500?

No, Equity Commonwealth is not included in the S&P 500 index

Is Equity Commonwealth in the NASDAQ 100?

No, Equity Commonwealth is not included in the NASDAQ 100 index

Is Equity Commonwealth in the Dow Jones?

No, Equity Commonwealth is not included in the Dow Jones index

When was Equity Commonwealth's last earnings report?

Equity Commonwealth's most recent earnings report was on 23 October 2024

When does Equity Commonwealth report earnings?

The next expected earnings date for Equity Commonwealth is 12 February 2025

Should I buy Equity Commonwealth stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions