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

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

Essex Property Trust has announced its forecast for the fiscal year 2024, expecting core funds from operations (FFO) to be between $15.50 and $15.62.