Streetbeat News

EQC

Equity Commonwealth

https://www.eqcre.com

Industry

REIT - Office

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.

Open

20.07

Mkt cap

2.2B

Volume

4.9M

High

20.11

P/E Ratio

52.84

52-wk high

21.00

Low

19.99

Div yield

N/A

52-wk low

17.93

The article highlights three office REITs with high dividend yields for investors interested in real estate investments without direct property management. Equity Commonwealth (EQC) leads with a 27.35% yield, focusing on office properties in Colorado, Texas, and Washington, D.C. Office Properties Income Trust (OPI) offers a 14.28% yield, with a portfolio leaning towards government and corporate single tenants. Brandywine Realty Trust (BDN) has an 11.33% yield, concentrating on urban and transit-oriented office properties in Philadelphia, Austin, and Washington, D.C.

Portfolio Pulse from Chris Bibey

December 23, 2023 | 5:00 pm

Equity Commonwealth (NYSE:EQC) reported Q3 earnings of $0.26 per share, a 100% increase YoY. The company also reported quarterly sales of $15.21 million, beating the analyst consensus estimate of $14.50 million by 4.91% and marking a 0.57% increase YoY.

Portfolio Pulse from mahesh@benzinga.com

October 30, 2023 | 8:34 pm

During Friday's session, 157 stocks hit new 52-week lows. Among the notable companies were Corteva, American Rebel Holdings, Mullen Automotive, and BNY Mellon Strategic. The stocks that created new 52-week lows on Friday included Avangrid, SolarEdge Technologies, Etsy, UGI, Concentrix, Hawaiian Electric Indus, Equity Commonwealth, Forward Air, Cracker Barrel Old, Petco Health and Wellness, JinkoSolar Holding Co, Olaplex Hldgs, Frontier Group Holdings, Impinj, Safehold, Monro, 3D Sys, TDCX, Everbridge, Silk Road Medical, Cassava Sciences, 23andMe Holding, Wolverine World Wide, Avidity Biosciences, Boston Omaha, John Hancock Premium Div, BioLife Solns, Seres Therapeutics, American Well, Materialise, BNY Mellon Strategic, Southland Holdings, Funko, Fate Therapeutics, Citizens Financial Servs, American Lithium, Emergent BioSolutions, PetMed Express, Sutro Biopharma, Hippo Holdings, Largo, Omega Therapeutics, System1, Benson Hill, Eaton Vance Municipal, Vor Biopharma, Star Hldgs, Origin Mat, Joint, NanoString Technologies, Codexis, ContextLogic, Akoustis Technologies, Cano Health, GeneDx Hldgs, Electrovaya, Kezar Life Sciences, ProPhase Labs, Alaunos Therapeutics, Chimerix, Electriq Power Holdings, DZS, Streamline Health Solns, Eargo, Intercure, Prime Number Acquisition, REE Automotive, TD Hldgs, Carmell Therapeutics, Neuronetics, Kaixin Auto Hldgs, Crown Crafts, Airgain, Ohmyhome, Singular Genomics Sys, First Seacoast Bancorp, Sarcos Technology, Coya Therapeutics, Otonomo Technologies, CareCloud, Aterian, PAVmed, Orgenesis, CalAmp, Imperial Ptrl, Fitell, LQR House, Iridex, OMNIQ, Safeguard Scientifics, Lichen China, Origin Agritech, Atreca, Sunlight Finl Hldgs, Yunji, MediaCo Holding, Trio Petroleum, Cineverse, Lucy Scientific Discovery, Remark Hldgs, Shuttle Pharmaceuticals, Hempacco, Finch Therapeutics Gr, Visionary Education Tech, Marpai, Ontrak, Nogin, Adamis Pharmaceuticals, China Jo-Jo Drugstores, ABVC BioPharma, Fangdd Network Group, SeaStar Medical Holding, Yoshiharu Global, Universe Pharmaceuticals, Redhill Biopharma, Jiuzi Hldgs, Power REIT, Soligenix, Eightco Holdings, JanOne, Avalo Therapeutics, Yield10 Bioscience, Aditxt, Salarius Pharmaceuticals, China Pharma Holding, OpGen, Akanda, Harbor Custom Dev, Biocept, NeuBase Therapeutics, Ucommune International, INVO Bioscience, Esports Entertainment, American Rebel Holdings.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 6:01 pm

On Monday, 149 companies reached new 52-week lows. The largest company by market cap to hit a new 52-week low was NextEra Energy (NYSE:NEE), while the smallest was Esports Entertainment (NASDAQ:GMBL). Bionano Genomics (NASDAQ:BNGO) saw the most pronounced move, with shares trading down 842.14% to hit its new 52-week low. Northwest Natural Hldg (NYSE:NWN) shares gained 0.0%, rebounding after it reached its 52-week low.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 4:13 pm

Several REITs have reported FFO that met or surpassed analyst estimates or were up year-over-year from Q2 2022, but missed on revenue estimates. This could indicate potential recessionary trends, but strong FFO suggests these companies are preparing for possible economic challenges. The REITs include Agree Realty Corp., Apollo Commercial Real Estate, Claros Mortgage Trust, Community Healthcare Trust, Equity Commonwealth, Four Corners Property Trust, Independence Realty Trust Inc., LTC Properties Inc., NNN REIT Inc., and The Weyerhaeuser Co.

Portfolio Pulse from Ethan Roberts

August 04, 2023 | 6:24 pm

During Thursday's session, 92 stocks hit new 52-week lows. Pfizer was the biggest company on a market cap basis to set a new 52-week low. BitNile Metaverse was the smallest firm by market cap to set a new 52-week low. Aravive made the largest move down on the session, with shares plummeting 71.75% to reach its 52-week low. Senstar Tech saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:12 pm

Equity Commonwealth (EQC) reported Q2 earnings of $0.22 per share, a 450% increase YoY. However, the company's quarterly sales of $14.59 million missed the analyst consensus estimate of $15.24 million by 4.27%, marking a 6.12% decrease YoY.

Portfolio Pulse from saritha@benzinga.com

July 26, 2023 | 8:19 pm

Equity Commonwealth (NYSE:EQC) has disclosed a new share repurchase authorization of up to $150 million from July 1, 2023, through June 30, 2024. The company has $120 million worth of shares remaining under its previous buyback authorization, expiring on June 30, 2023. EQC reported Q1 2023 revenues of $15.576 million, beating the consensus of $15.01 million.

Portfolio Pulse from Lekha Gupta

June 14, 2023 | 12:09 pm

Equity Commonwealth (EQC) has announced an additional $150 million share repurchase authorization, increasing the company's total repurchase capacity.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:38 pm

Real estate pioneer Samuel Zell, founder and chairman of Equity Residential (NYSE:EQR), has passed away at 81. Zell's influence spanned various sectors and he played a key role in popularizing the REIT structure. His business empire included Equity LifeStyle Properties Inc (NYSE:ELS) and Equity Commonwealth (NYSE:EQC).

Portfolio Pulse from AJ Fabino

May 18, 2023 | 4:29 pm

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