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 report Q4 results that may benefit from a solid property base, healthy demand, and technological initiatives, despite elevated supply challenges.

Portfolio Pulse from

January 31, 2025 | 6:15 pm

Robbins LLP has announced a class action lawsuit against ESSA Pharma Inc. for investors who acquired its securities between December 12, 2023, and October 31, 2024. ESSA Pharma is a clinical-stage pharmaceutical company focused on prostate cancer treatments.

Portfolio Pulse from

January 27, 2025 | 5:15 am

Essex Property Trust (ESS) saw a 4.1% increase in its share price with above-average trading volume. The trend in FFO estimate revisions indicates potential for further gains.

Portfolio Pulse from

January 14, 2025 | 4:45 pm

Essex Property Trust, Inc. (NYSE:ESS) will release its Q4 2024 earnings on February 4, 2025, followed by a conference call on February 5, 2025.

Portfolio Pulse from

January 10, 2025 | 9:30 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

January 07, 2025 | 4:00 pm

Essex Property Trust has seen a 35% increase in its stock price over the past year due to limited new apartment supply in California and its strategic geographic positioning. The company expects 4-5% growth in FFO and has a fair value target of $320-325.

Portfolio Pulse from

December 06, 2024 | 11:15 am

Essex Property Trust (ESS) is positioned for future growth due to its strong property base in the West Coast market, technology initiatives, and a healthy balance sheet. However, the high supply of rental units poses a challenge.

Portfolio Pulse from

December 04, 2024 | 2:45 pm

ESS Tech offers innovative iron flow batteries for utilities, providing a cost-effective and durable energy storage solution. With a 10-year performance guarantee, ESS is poised for market entry, supported by strategic partnerships. The global demand for long-duration energy storage is expected to reach 1000GW by 2030, presenting a significant opportunity.

Portfolio Pulse from

November 19, 2024 | 1:45 pm

ESS Tech, Inc. reported its financial results for the third quarter of 2024, highlighting its strong market position in long-duration energy storage systems for commercial and utility-scale applications.

Portfolio Pulse from

November 13, 2024 | 9:15 pm

Essex Property Trust (ESS) has seen a 16.7% increase in its stock price over the past six months. The company is expected to benefit from strong West Coast market fundamentals and a robust balance sheet, which may support further stock price growth.

Portfolio Pulse from

November 12, 2024 | 2:45 pm

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