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

Jefferies analyst Linda Tsai upgraded Essex Property Trust (NYSE:ESS) from Hold to Buy and increased the price target from $215 to $281.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 11:13 am

Truist Securities analyst Michael Lewis has maintained a Hold rating on Essex Property Trust (NYSE:ESS) and reduced the price target from $266 to $260.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 6:27 pm

Stifel analyst Simon Yarmak has maintained a Hold rating on Essex Property Trust (NYSE:ESS) but has lowered the price target from $226 to $225.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 6:57 pm

Analysts have provided various ratings for Essex Property Trust (NYSE:ESS) within the last quarter, with 1 bullish, 1 somewhat bullish, and 7 indifferent. The average price target is $246.89, implying an upside from the current price of $210.88. This average represents a 1.02% decrease from the previous average price target of $249.43.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 1:00 pm

BMO Capital analyst John Kim has upgraded Essex Property Trust (NYSE:ESS) from Underperform to Market Perform and set a price target of $225.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:07 pm

Shares of REITs are trading higher amid a decline in US Treasury yields, which has lifted dividend-paying stocks in Friday's session.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 7:36 pm

RBC Capital analyst Brad Heffern maintains an 'Outperform' rating on Essex Property Trust (NYSE:ESS) but lowers the price target from $241 to $235.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 5:43 pm

Essex Property Trust (ESS) has reaffirmed its financial guidance for the fiscal year 2023.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:20 pm

Essex Property Trust, Inc. (ESS) reported its Q3 2023 Core FFO at $3.78, showing an increase from $3.69 YoY.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:17 pm

Wedbush analyst Richard Anderson has initiated coverage on Essex Property Trust (NYSE:ESS) with a Neutral rating and a price target of $225.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 11:48 am

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