Equity CommonwealthEQC
EQC
About: Equity Commonwealth is a real estate investment trust engaged in the acquisition, ownership, and operation of office buildings located throughout the United States. The vast majority of the company's real estate portfolio comprises office assets. These properties are fairly evenly dispersed between many of America's urban markets, notably Washington, Austin and Denver. Equity Commonwealth derives the vast majority of its income in the form of rental revenue from tenants occupying its offices.
Employees: 22
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
60,800% more call options, than puts
Call options by funds: $609K | Put options by funds: $1K
4.64% less ownership
Funds ownership: 94.54% [Q3] → 89.89% (-4.64%) [Q4]
22% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 59
35% less funds holding
Funds holding: 255 [Q3] → 166 (-89) [Q4]
63% less funds holding in top 10
Funds holding in top 10: 8 [Q3] → 3 (-5) [Q4]
69% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 122
92% less capital invested
Capital invested by funds: $2.04B [Q3] → $171M (-$1.87B) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for EQC.
Financial journalist opinion
Based on 3 articles about EQC published over the past 30 days
Neutral
Seeking Alpha
2 weeks ago
Equity Commonwealth (EQC) Q4 2024 Earnings Call Transcript
Equity Commonwealth (NYSE:EQC ) Q4 2024 Results Conference Call February 27, 2025 2:00 PM ET Company Participants Bill Griffiths - Chief Financial Officer Operator Good afternoon, and thanks for joining this call to discuss Equity Commonwealth's progress for the year ended December 31, 2024, and an update on the wind-down process. [Operator Instructions] As a reminder, this conference is being recorded.
Neutral
Business Wire
2 weeks ago
Equity Commonwealth Completes Sale of 1225 Seventeenth Street Plaza and Reports 2024 Results
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) announced today that it closed on the sale of its last remaining property, 1225 Seventeenth Street, a 709,402 square foot office property in Denver, Colorado, for a gross sale price of $132.5 million, on February 25, 2025. The net purchase price was approximately $124.4 million after credits primarily for contractual lease costs. With this sale of its last remaining property, the Company is also updating the estimated agg.
Neutral
Business Wire
2 weeks ago
Equity Commonwealth Announces Time Change for Its Fourth Quarter and Full Year 2024 Conference Call
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (“the Company”) announced today a change to the timing of the previously announced fourth quarter and full year 2024 conference call. The call will now be held on Thursday, February 27, 2025, at 1:00 pm Central Time, rather than the previously scheduled time of 9:00 am Central Time. As previously announced, the Company's fourth quarter and full year results will be released before the market opens on Thursday, February 27, 2025. The conf.
Neutral
Business Wire
1 month ago
Equity Commonwealth Agrees to Sell 1225 Seventeenth Street Plaza
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (“the Company”) announced today that it is under contract to sell its last remaining property, 1225 Seventeenth Street, a 709,402 square foot office property in Denver, Colorado, for a gross sale price of $132.5 million. The net purchase price is expected to be approximately $124.4 million after credits primarily for contractual lease costs. The buyer has completed due diligence, and the earnest money deposit is non-refundable. The sale.
Neutral
Business Wire
1 month ago
Equity Commonwealth Announces Tax Treatment of 2024 Distributions
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today announced the tax treatment of its 2024 common and preferred share distributions, which is as follows: Common Stock (CUSIP No. 294628102) Record Date Payment Date Total Distribution per Share 2024 Cash Liquidation Distribution1 11/25/2024 12/6/2024 $ 19.00 $ 19.00 Series D Cumulative Convertible Preferred Stock (CUSIP No. 294628201) Record Date Payment Date Total Distribution per Share 2024 Taxable Ordinary Dividends 2024 Section 1.
Neutral
Business Wire
1 month ago
Equity Commonwealth Announces Fourth Quarter and Full Year 2024 Conference Call
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that the company will release its fourth quarter and full year 2024 results before the market opens on Thursday, February 27, 2025. A conference call to discuss those results will be held on Thursday, February 27, 2025, 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.
Neutral
Seeking Alpha
1 month ago
The State Of REITs: January 2025 Edition
The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperformed large caps (-7.43%) and micro caps (-8.63%) in December. Only 9.68% of REIT securities had a positive total return in December. 55.63% had a positive total return for all of 2024.
Positive
Benzinga
2 months ago
Top 3 Real Estate Stocks Which Could Rescue Your Portfolio For Q4
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Negative
Seeking Alpha
2 months ago
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office REITs reported quarter-over-quarter declines during the third quarter, while eight recorded gains. US office REIT stocks outperformed the Dow Jones Equity All REIT Index during the third quarter as well as the S&P 500.
Neutral
Business Wire
3 months ago
Equity Commonwealth Completes Sale of 1250 H Street
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.
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