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Equity CommonwealthNYSE: EQC

Profile

Industry:

Office

Country:

United States

IPO:

17 December 1986

Next earnings report:

12 February 2025

Last dividends:

22 February 2023

Next dividends:

09 December 2024
$2.16 B
-33%vs. 3y high
61%vs. sector
-88%vs. 3y high
81%vs. sector
-16%vs. 3y high
38%vs. sector
-34%vs. 3y high
97%vs. sector

Price

after hours | Wed, 20 Nov 2024 21:08:04 GMT
$20.08-$0.01(-0.05%)
$13.99 M$5.79 M
$13.99 M-$26.19 M

Analysts recommendations

Institutional Ownership

EQC Latest News

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

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
businesswire.com01 November 2024 Sentiment: POSITIVE

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
seekingalpha.com24 October 2024 Sentiment: NEUTRAL

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
businesswire.com16 October 2024 Sentiment: POSITIVE

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
businesswire.com25 September 2024 Sentiment: POSITIVE

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
businesswire.com20 September 2024 Sentiment: POSITIVE

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
seekingalpha.com31 July 2024 Sentiment: NEUTRAL

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
businesswire.com18 June 2024 Sentiment: POSITIVE

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
seekingalpha.com05 June 2024 Sentiment: POSITIVE

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.

Equity Commonwealth: Conservative Capital Structure With A 9-18% Upside
seekingalpha.com04 June 2024 Sentiment: POSITIVE

Equity Commonwealth is an Office REIT owning just 4 office buildings but with a $2.17 billion cash pile. The company's portfolio has a leased rate of only 75.4%. Despite lower cash basis NOI, normalized FFO increased 13% Y/Y due to higher interest income.

  • 1(current)

What type of business is 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 portfolio is comprised of four properties totaling 1.5 million square feet.

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 from?

Equity Commonwealth is headquartered in United States

When did Equity Commonwealth go public?

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

What is Equity Commonwealth website?

https://www.eqcre.com

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 the previous earnings report?

No data

When does Equity Commonwealth earnings report?

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