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Real Estate - REIT - Office - NYSE - US
$ 20.08
1.62 %
$ 2.16 B
Market Cap
52.84
P/E
1. INTRINSIC VALUE

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 same property portfolio is comprised of 4 properties and 1.5 million square feet.[ Read More ]

The intrinsic value of one EQC stock under the base case scenario is HIDDEN Compared to the current market price of 20.1 USD, Equity Commonwealth is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart EQC

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FINANCIALS
60.5 M REVENUE
-4.14%
-21.4 M OPERATING INCOME
-128.92%
91.4 M NET INCOME
144.79%
122 M OPERATING CASH FLOW
87.99%
-5.69 M INVESTING CASH FLOW
-63.53%
-538 M FINANCING CASH FLOW
-92.01%
14 M REVENUE
-0.86%
-5.98 M OPERATING INCOME
-16.02%
-26.2 M NET INCOME
-108.60%
33.1 M OPERATING CASH FLOW
0.60%
-1.78 M INVESTING CASH FLOW
69.66%
-2 M FINANCING CASH FLOW
2.44%
Balance Sheet Decomposition Equity Commonwealth
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Current Assets 2.18 B
Cash & Short-Term Investments 2.16 B
Receivables 15.7 M
Other Current Assets 0
Non-Current Assets 249 M
Long-Term Investments 0
PP&E 231 M
Other Non-Current Assets 17.4 M
Current Liabilities 34.9 M
Accounts Payable 27.3 M
Short-Term Debt 0
Other Current Liabilities 7.63 M
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Equity Commonwealth
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Revenue 60.5 M
Cost Of Revenue 27.5 M
Gross Profit 33.1 M
Operating Expenses 33.1 M
Operating Income -21.4 M
Other Expenses -113 M
Net Income 91.4 M
RATIOS
54.63% GROSS MARGIN
54.63%
-35.29% OPERATING MARGIN
-35.29%
150.62% NET MARGIN
150.62%
3.82% ROE
3.82%
3.76% ROA
3.76%
-0.88% ROIC
-0.88%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Equity Commonwealth
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Net Income 91.4 M
Depreciation & Amortization 17.4 M
Capital Expenditures 0
Stock-Based Compensation 16 M
Change in Working Capital -2.5 M
Others -2.2 M
Free Cash Flow 122 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Equity Commonwealth
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EQC has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.09% DIVIDEND YIELD
4.25 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Equity Commonwealth
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
45.1 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
8 months ago
Mar 06, 2024
Sell 45.1 K USD
Levy Andrew
SVP & Chief Accounting Officer
- 2409
18.71 USD
1 year ago
Aug 10, 2023
Sell 963 K USD
Shifrin Orrin S
EVP, Gen. Counsel & Secretary
- 50000
19.26 USD
2 years ago
Sep 20, 2022
Sell 1.35 M USD
Shifrin Orrin S
EVP, Gen. Counsel & Secretary
- 50000
26.95 USD
4 years ago
Mar 23, 2020
Bought 2.88 M USD
SPECTOR GERALD A
Director
+ 100000
28.84 USD
5 years ago
May 13, 2019
Sell 400 K USD
MARKMAN ADAM SCOTT
EVP, CFO & Treasurer
- 12500
31.96 USD
5 years ago
Feb 20, 2019
Sell 195 K USD
Lozier James Lloyd Jr
Director
- 6000
32.46 USD
6 years ago
Mar 27, 2018
Sell 180 K USD
Lozier James Lloyd Jr
Director
- 6000
30.01 USD
9 years ago
Aug 10, 2015
Bought 122 K USD
MARKMAN ADAM SCOTT
EVP & CFO
+ 4500
27.21 USD
10 years ago
Jan 14, 2014
Bought 22.8 K USD
ARTINIAN RONALD J
Director
+ 1000
22.75 USD
14 years ago
Dec 10, 2009
Sell 126 K USD
ZEYTOONJIAN FREDERICK N
Director
- 20000
6.3139 USD
15 years ago
Sep 30, 2009
Sell 76.4 K USD
ZEYTOONJIAN FREDERICK N
Director
- 10000
7.64 USD
7. News
Equity Commonwealth Declares Initial Cash Liquidating Distribution of $19.00 Per Common Share and Announces Ex-Dividend Date CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) announced today that its Board of Trustees has authorized an initial cash liquidating distribution of $19.00 per common share (the “Initial Liquidating Distribution”) which will be paid on December 6, 2024 to shareholders of record on November 25, 2024. The Company is also updating the estimated aggregate shareholder liquidating distribution range of $19.50 to $21.00 per common share disclosed in its definitive proxy stat. businesswire.com - 2 days ago
Equity Commonwealth: No Upside In Liquidation 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. seekingalpha.com - 4 days ago
Equity Commonwealth Announces Voting Results of Special Shareholder Meeting and Payment of Liquidation Preference for Series D Preferred Shares CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) held a special meeting of shareholders (the “Special Meeting”) today, November 12, 2024. At the Special Meeting, the Company's shareholders (i) approved the Plan of Sale and Dissolution of the Company (the “Plan of Sale”), including the wind-down and complete liquidation of the Company, and the dissolution and termination of the Company, including the establishment of a Liquidating Entity, as defined in the definitive pro. businesswire.com - 4 days ago
Equity Commonwealth Completes Sales of Bridgepoint Square and 206 E. 9th Street 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. businesswire.com - 2 weeks ago
Equity Commonwealth (EQC) Q3 2024 Earnings Call Transcript 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. seekingalpha.com - 3 weeks ago
Equity Commonwealth Declares Series D Preferred Dividend 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. businesswire.com - 1 month ago
Equity Commonwealth Sets 2024 Virtual Special Meeting of Shareholders CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) today announced that it has filed a definitive proxy statement (the “Definitive Proxy”) with the U.S. Securities and Exchange Commission (the “SEC”) related to a Special Meeting of Shareholders (the “Special Shareholder Meeting”) for the following purpose: (i) to consider and vote upon the Plan of Sale and Dissolution of the Company (the “Plan of Sale”), including the wind-down and complete liquidation of the Company, and. businesswire.com - 1 month ago
Equity Commonwealth Announces Third Quarter 2024 Earnings Conference Call 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. businesswire.com - 1 month ago
Equity Commonwealth Sets Record Date for Special Shareholder Meeting 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. businesswire.com - 1 month ago
Equity Commonwealth Files Preliminary Proxy in Connection with Proposed Plan of Sale and Dissolution of the Company CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) today announced that it has filed a preliminary proxy statement (the “Preliminary Proxy”) with the U.S. Securities and Exchange Commission (the “SEC”) related to a special shareholder meeting for the following purpose: (i) to consider and vote upon the Plan of Sale and Dissolution of the Company (the “Plan of Sale”), including the wind-down and complete liquidation of the Company, and the dissolution and termination of th. businesswire.com - 1 month ago
Equity Commonwealth (EQC) Q2 2024 Earnings Call Transcript 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]. seekingalpha.com - 3 months ago
Equity Commonwealth Declares Series D Preferred Dividend 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 August 15, 2024 to shareholders of record on July 31, 2024 for the period from May 15, 2024 through August 14, 2024. About Equity Commonwealth Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment tr. businesswire.com - 4 months ago
8. Profile Summary

Equity Commonwealth EQC

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COUNTRY US
INDUSTRY REIT - Office
MARKET CAP $ 2.16 B
Dividend Yield 0.09%
Description 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 same property portfolio is comprised of 4 properties and 1.5 million square feet.
Contact Two North Riverside Plaza, Chicago, IL, 60606 https://www.eqcre.com
IPO Date Dec. 17, 1986
Employees 22
Officers Mr. David A. Helfand President, Chief Executive Officer & Chairman of the Board Mr. William H. Griffiths Executive Vice President, Chief Financial Officer & Treasurer Mr. Andrew M. Levy Senior Vice President & Chief Accounting Officer