Streetbeat News

ESS

Essex Property Trust, Inc.

https://www.essexapartmenthomes.com

Industry

REIT - Residential

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.

Open

290.34

Mkt cap

19B

Volume

579K

High

295.80

P/E Ratio

25.59

52-wk high

317.73

Low

289.08

Div yield

0.03

52-wk low

230.90

Essex Property Trust (ESS) is expected to benefit from its strong presence in the West Coast market, technological advancements, and a solid balance sheet, despite challenges from increasing unit supply.

Portfolio Pulse from

March 14, 2025 | 1:45 pm

Essex Property Trust (ESS) has seen a 4.2% increase in its stock price since its last earnings report 30 days ago. Investors are now questioning whether this upward trend can continue.

Portfolio Pulse from

March 06, 2025 | 6:00 pm

Essex Property Trust has announced its 31st consecutive annual dividend increase, raising it by 4.9%. This move is aimed at boosting shareholder wealth and confidence.

Portfolio Pulse from

February 21, 2025 | 4:45 pm

Essex Property Trust (ESS) is expected to benefit from its strong property base on the West Coast, technological initiatives, and a healthy balance sheet, despite challenges from rising supply of units.

Portfolio Pulse from

February 07, 2025 | 4:45 pm

Essex Property Trust has announced the pricing of a $400 million public offering of senior notes due 2035, with a 5.375% interest rate.

Portfolio Pulse from

February 06, 2025 | 10:30 pm

Essex Property Trust, Inc. has experienced a 29% increase in shares over the past year due to limited housing supply and higher rental inflation in California. Solid Q4 results and strong demand fundamentals support a bullish outlook for Essex into 2025.

Portfolio Pulse from

February 06, 2025 | 2:45 pm

ESS Tech, Inc. (NYSE: GWH), a developer of iron redox flow batteries, is gaining traction in the long-duration energy storage market. After a challenging period post-SPAC transaction, the company's prospects are improving.

Portfolio Pulse from

February 06, 2025 | 1:45 pm

Essex Property Trust (ESS) reported better-than-expected Q4 FFO, with an increase in same-property revenues and net operating income.

Portfolio Pulse from

February 05, 2025 | 3:15 pm

Essex Property Trust (ESS) reported its Q4 earnings for the quarter ended December 2024. The focus is on how its key metrics compare to Wall Street estimates and year-ago values.

Portfolio Pulse from

February 05, 2025 | 12:15 am

Essex Property Trust (ESS) reported Q4 funds from operations (FFO) of $3.92 per share, surpassing the Zacks Consensus Estimate of $3.90 per share. This is an increase from $3.83 per share a year ago.

Portfolio Pulse from

February 05, 2025 | 12:00 am

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