CSIMarket
 
Equity Commonwealth  (EQC)
Other Ticker:  
 
 
Price: $18.9300 $0.02 0.106%
Day's High: $18.97 Week Perf: 0.8 %
Day's Low: $ 18.84 30 Day Perf: 0.21 %
Volume (M): 582 52 Wk High: $ 21.49
Volume (M$): $ 11,012 52 Wk Avg: $19.55
Open: $18.91 52 Wk Low: $17.93



 Market Capitalization (Millions $) 2,099
 Shares Outstanding (Millions) 111
 Employees -
 Revenues (TTM) (Millions $) 61
 Net Income (TTM) (Millions $) 91
 Cash Flow (TTM) (Millions $) -422
 Capital Exp. (TTM) (Millions $) 0

Equity Commonwealth
Equity Commonwealth is a real estate investment trust (REIT) that primarily invests in office properties throughout the United States. It was initially founded in 1986 and is headquartered in Chicago, Illinois. The company focuses on acquiring, developing, and managing a diverse portfolio of office buildings in key markets.

Equity Commonwealth's strategy revolves around owning high-quality office properties in central business districts (CBDs), suburban locations, and certain urban submarkets. Its portfolio consists of properties leased to a variety of tenants, including government agencies, financial institutions, and corporations.

The company seeks to drive value through its disciplined investment approach, efficient management practices, and active asset management initiatives. Equity Commonwealth aims to generate stable cash flows through long-term leases while also pursuing opportunities for property value appreciation.

Over the years, Equity Commonwealth has become a recognized player in the office market, building a reputation for its expertise in property management and value creation. The company strives to maintain a strong balance sheet, with a focus on conservative financial strategies and risk management.

Equity Commonwealth is listed on the New York Stock Exchange under the ticker symbol EQC and is led by a team of experienced professionals in the real estate industry.


   Company Address: Two North Riverside Plaza, Suite 2000 Chicago 60606 IL
   Company Phone Number: 646-2800   Stock Exchange / Ticker: NYSE EQC
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Equity Commonwealth

Equity Commonwealth Faces Unique Obstacles Amidst a Challenging Fiscal Period: A Closer Look at the Real Estate Investment Trust Sector's Mixed Financial Landscape

The recent financial results of Equity Commonwealth paint a mixed picture for the company. While the overall revenue and earnings per share (EPS) have declined in the fourth quarter of 2023, there are some positive indicators that warrant further analysis.
Firstly, it is important to note that the company's performance in the Real Estate Investment Trusts sector is not entirely in line with its peers. While Equity Commonwealth saw a decrease in revenue and EPS, other companies in the sector reported growth in revenue and a mixed profitability performance. This suggests that there may be specific challenges or factors affecting Equity Commonwealth's financial results that are not present in other companies.

Equity Commonwealth

Equity Commonwealth Soars to New Heights with a Whopping 144.44% Surge in Profits

EQC, a Real Estate Investment Trusts company, has reported strong profits in the financial period ending September 30, 2023. Although revenue showed moderate improvement of 0.569% to $15.21 million compared to the previous year, it has trailed behind industry peers with an average growth rate of 6.81% during the same period. However, income per share more than doubled by 144.44% at $0.22 per share.
In comparison to the preceding financial reporting period, EQC's earnings per share soared by 83.33% from $0.12 per share, and revenue grew by 4.263% from $14.59 million. The company's net earnings in the fiscal period ending September 30, 2023, increased by 114.65% to $26.232 million from $12.221 million reported a year ago.

Dividend

Equity Commonwealth Delivers Value to Shareholders with Series D Preferred Shares Dividend Initiative

Published Mon, Oct 16 2023 8:10 PM UTC



Equity Commonwealth, a Chicago-based real estate investment trust, recently made an announcement regarding its quarterly dividend on the company's Series D Preferred Shares. This news has significant implications for the company and its shareholders. In this article, we will delve into the details of this announcement, discuss its impact on shareholders, and explor...

Equity Commonwealth

Equity Commonwealth Defies Odds with Remarkable Fiscal Upswing, Turning Red to Green by June 2023

Equity Commonwealth, a Real Estate Investment Trusts (REITs) company, has shown positive results for the fiscal period closing June 30, 2023. The company reported profits of $0.12 per share, compared to -$0.01 per share the previous year. However, the income has faded by -36.84% from $0.19 per share in the prior financial reporting period.
The company's revenue has also experienced a significant decline. It receded by -12.561% to $14.59 million from $16.69 million in the comparable period a year prior. Sequentially, the revenue decreased by -6.33% from $15.58 million. In contrast, the rest of the REITs sector recorded a revenue gain of 37.87% in the second quarter of 2023 compared to the prior year's period.
Despite the decline in revenue, Equity Commonwealth has witnessed a substantial increase in its bottom-line. Net earnings for the fiscal period closing June 30, 2023, amounted to $15.836 million, marking a significant growth of 1113.49% from the previous year's net earnings of $1.305 million.

Equity Commonwealth

Equity Commonwealth Achieves Positive Income Amidst Strong Q1 2023 Earnings Season

Equity Commonwealth is a real estate investment trust (REIT) that specializes in office and industrial properties. Their portfolio consists of 20 properties spanning over 10 million square feet of space. The company operates in major metropolitan areas across the United States.
The recent earnings report for the first quarter of 2023 shows an improvement in revenue of 8.204% year on year to $15.58 million, which helped Equity Commonwealth to reach profitability again. The company posted earnings per share of $0.19, which is a significant improvement from the previous quarter's earnings. The company faced some challenges in the previous quarter, where revenue deteriorated by -8.549% from $17.03 million, and profit plummeted by -44.61% from $0.34 per share.






 

Equity Commonwealth's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Equity Commonwealth does not provide revenue guidance.

Earnings Outlook
Equity Commonwealth does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com