STOCK TITAN

Equity Commonwealth - EQC STOCK NEWS

Welcome to our dedicated page for Equity Commonwealth news (Ticker: EQC), a resource for investors and traders seeking the latest updates and insights on Equity Commonwealth stock.

Equity Commonwealth (NYSE: EQC) is a Chicago-based, internally managed, and self-advised real estate investment trust (REIT) with a focus on commercial office properties across the United States. With a portfolio comprising 15 properties and 7.1 million square feet, EQC stands out in the real estate sector.

EQC’s core business involves the acquisition, ownership, and operation of office buildings located in key urban areas like Washington, Austin, and Denver. The company's income is predominantly generated from rental revenue obtained from tenants occupying these office spaces.

Equity Commonwealth prides itself on a corporate culture built on accountability and alignment with stakeholders. The company's guiding principles emphasize using good judgment, keeping commitments, teamwork, transparency, and rewarding outstanding performance. It fosters open communication and celebrates diversity among its workforce.

Recent achievements highlight EQC’s commitment to value creation and operational excellence. The company's strategic focus is reflected in its well-maintained and strategically located office properties, ensuring maximum value for both tenants and investors.

For career opportunities, Equity Commonwealth encourages interested candidates to visit their official career portal at this link.

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.45%
Tags
buyback
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
Rhea-AI Summary

Equity Commonwealth (NYSE: EQC) declared a quarterly dividend of $0.40625 per Series D Preferred Share, to be paid on May 15, 2023. Shareholders on record as of April 28, 2023 will receive this dividend for the period from February 15, 2023 through May 14, 2023. This payment highlights the company's commitment to returning income to shareholders.

Equity Commonwealth is based in Chicago, managing a portfolio of 4 commercial office properties totaling 1.5 million square feet across the United States.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
dividends
-
Rhea-AI Summary

Equity Commonwealth (NYSE: EQC) will release its Q1 2023 operating results on May 3, 2023, post-market close. A conference call to discuss these results is scheduled for May 4, 2023, at 9:00 am Central Time. This call will be accessible via a live audio webcast on the company’s Investor Relations website, with a replay available afterward. Equity Commonwealth is a Chicago-based REIT focused on commercial office properties across the United States, holding a portfolio of 4 properties with a total area of 1.5 million square feet.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
-
Rhea-AI Summary

Equity Commonwealth (NYSE: EQC) announced that its Annual Meeting of Shareholders will be held virtually on June 13, 2023, at 1:30 p.m. Central Time. Shareholders recorded as of April 13, 2023, can participate in the voting process. Detailed participation instructions will be provided in the upcoming definitive proxy statement filed with the Securities and Exchange Commission. The company, based in Chicago, focuses on commercial office properties across the United States, managing a portfolio of four properties totaling 1.5 million square feet.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
none
Rhea-AI Summary

Equity Commonwealth (NYSE: EQC) has declared a special cash distribution of $4.25 per common share, payable on March 9, 2023. Shareholders of record as of February 23, 2023 will receive this one-time distribution. This payment is based on anticipated taxable income, including interest income and gains from asset sales as Equity Commonwealth qualifies as a REIT for 2023. The tax characterization is expected to be announced in January 2024.

Equity Commonwealth manages commercial office properties across the U.S., with a portfolio of 1.5 million square feet.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
none

FAQ

What is the current stock price of Equity Commonwealth (EQC)?

The current stock price of Equity Commonwealth (EQC) is $1.77 as of December 20, 2024.

What is the market cap of Equity Commonwealth (EQC)?

The market cap of Equity Commonwealth (EQC) is approximately 187.3M.

What type of properties does Equity Commonwealth invest in?

Equity Commonwealth primarily invests in commercial office properties located throughout the United States.

Where are Equity Commonwealth’s properties located?

EQC's properties are dispersed in major urban markets including Washington, Austin, and Denver.

What is the main source of income for Equity Commonwealth?

The main source of income for EQC is rental revenue from tenants occupying its office spaces.

What are the core values of Equity Commonwealth?

EQC's core values include accountability, teamwork, transparency, rewarding outstanding performance, and celebrating diversity.

How many properties does Equity Commonwealth own?

Equity Commonwealth owns a total of 15 commercial office properties.

What is the total square footage of Equity Commonwealth’s portfolio?

EQC’s portfolio totals 7.1 million square feet.

What is the corporate culture like at Equity Commonwealth?

EQC’s corporate culture emphasizes transparency, open communication, and alignment with stakeholders to create value.

How can I apply for a job at Equity Commonwealth?

Interested candidates can apply for career opportunities through their official career portal available at their website.

Is Equity Commonwealth internally managed?

Yes, Equity Commonwealth is an internally managed and self-advised real estate investment trust.

How does Equity Commonwealth ensure value creation?

EQC ensures value creation by maintaining high standards in property operations, fostering strong tenant relationships, and strategic property acquisitions.

Equity Commonwealth

NYSE:EQC

EQC Rankings

EQC Stock Data

187.30M
105.08M
2.1%
99.52%
1.64%
REIT - Office
Real Estate Investment Trusts
Link
United States of America
CHICAGO