Log in

NYSE:ESSEssex Property Trust Stock Price, Forecast & News

$219.15
+3.12 (+1.44 %)
(As of 08/14/2020 04:00 PM ET)
Add
Compare
Today's Range
$214.91
Now: $219.15
$221.63
50-Day Range
$212.56
MA: $223.72
$239.37
52-Week Range
$175.81
Now: $219.15
$334.17
Volume497,549 shs
Average Volume525,272 shs
Market Capitalization$14.29 billion
P/E Ratio23.04
Dividend Yield3.85%
Beta0.64
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 245 apartment communities with an additional 6 properties in various stages of active development.
Read More
Essex Property Trust logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.22 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
CUSIP29717810
Phone650-655-7800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.46 billion
Cash Flow$13.38 per share
Book Value$96.90 per share

Profitability

Net Income$439.29 million

Miscellaneous

Employees1,822
Market Cap$14.29 billion
Next Earnings Date10/28/2020 (Estimated)
OptionableOptionable
$219.15
+3.12 (+1.44 %)
(As of 08/14/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive ESS News and Ratings via Email

Sign-up to receive the latest news and ratings for ESS and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Essex Property Trust (NYSE:ESS) Frequently Asked Questions

How has Essex Property Trust's stock been impacted by Coronavirus (COVID-19)?

Essex Property Trust's stock was trading at $277.54 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ESS shares have decreased by 21.0% and is now trading at $219.15.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Essex Property Trust?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essex Property Trust in the last year. There are currently 2 sell ratings, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Essex Property Trust
.

When is Essex Property Trust's next earnings date?

Essex Property Trust is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Essex Property Trust
.

How were Essex Property Trust's earnings last quarter?

Essex Property Trust Inc (NYSE:ESS) announced its earnings results on Monday, August, 3rd. The real estate investment trust reported $1.29 earnings per share for the quarter, missing analysts' consensus estimates of $3.30 by $2.01. Essex Property Trust had a return on equity of 9.81% and a net margin of 41.70%. During the same quarter in the prior year, the business posted $3.33 earnings per share.
View Essex Property Trust's earnings history
.

How often does Essex Property Trust pay dividends? What is the dividend yield for Essex Property Trust?

Essex Property Trust declared a quarterly dividend on Thursday, May 14th. Shareholders of record on Tuesday, June 30th will be given a dividend of $2.0775 per share on Wednesday, July 15th. This represents a $8.31 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date is Monday, June 29th.
View Essex Property Trust's dividend history
.

What price target have analysts set for ESS?

16 brokerages have issued twelve-month target prices for Essex Property Trust's shares. Their forecasts range from $203.00 to $355.00. On average, they anticipate Essex Property Trust's share price to reach $290.54 in the next year. This suggests a possible upside of 32.6% from the stock's current price.
View analysts' price targets for Essex Property Trust
.

Has Essex Property Trust been receiving favorable news coverage?

News headlines about ESS stock have been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Essex Property Trust earned a daily sentiment score of 0.6 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
View the latest news about Essex Property Trust
.

Are investors shorting Essex Property Trust?

Essex Property Trust saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 700,900 shares, a decline of 21.7% from the June 15th total of 894,600 shares. Based on an average daily volume of 504,000 shares, the short-interest ratio is currently 1.4 days. Approximately 1.1% of the shares of the company are sold short.
View Essex Property Trust's Short Interest
.

Who are some of Essex Property Trust's key competitors?

What other stocks do shareholders of Essex Property Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Essex Property Trust investors own include AT&T (T), Cisco Systems (CSCO), Intel (INTC), Simon Property Group (SPG), Johnson & Johnson (JNJ), Realty Income (O), CROWN CASTLE IN/SH SH (CCI), Mcdonald's (MCD), Pfizer (PFE) and Boeing (BA).

Who are Essex Property Trust's key executives?

Essex Property Trust's management team includes the following people:
  • Mr. Michael J. Schall CPA, Pres, CEO & Director (Age 62)
  • Ms. Angela L. Kleiman, Exec. VP & CFO (Age 48)
  • Mr. John D. Eudy, Exec. VP of Devel. & Co-Chief Investment Officer (Age 64)
  • Mr. Craig K. Zimmerman, Exec. VP of Acquisitions & Co-Chief Investment Officer (Age 68)
  • Mr. John F. Burkart, Sr. EVP of Asset Management (Age 55)

What is Essex Property Trust's stock symbol?

Essex Property Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESS."

Who are Essex Property Trust's major shareholders?

Essex Property Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (16.21%), Principal Financial Group Inc. (3.31%), FMR LLC (1.22%), Sumitomo Mitsui Trust Holdings Inc. (0.99%), California Public Employees Retirement System (0.85%) and Bank of New York Mellon Corp (0.80%). Company insiders that own Essex Property Trust stock include Adam W Berry, Angela L Kleiman, Byron A Scordelis, Craig K Zimmerman, Irving F Lyons III, Janice L Sears, John D Eudy, John F Burkart, John Farias and Michael J Schall.
View institutional ownership trends for Essex Property Trust
.

Which major investors are selling Essex Property Trust stock?

ESS stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Goldman Sachs Group Inc., Principal Financial Group Inc., Duff & Phelps Investment Management Co., Federated Hermes Inc., Robeco Institutional Asset Management B.V., TD Asset Management Inc., and Man Group plc. Company insiders that have sold Essex Property Trust company stock in the last year include Adam W Berry, Angela L Kleiman, Byron A Scordelis, Craig K Zimmerman, Irving F Lyons III, Janice L Sears, John F Burkart, John Farias, and Michael J Schall.
View insider buying and selling activity for Essex Property Trust
.

Which major investors are buying Essex Property Trust stock?

ESS stock was purchased by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Russell Investments Group Ltd., Canada Pension Plan Investment Board, Sumitomo Mitsui Trust Holdings Inc., Lasalle Investment Management Securities LLC, Nordea Investment Management AB, State of Tennessee Treasury Department, and Tudor Investment Corp Et Al.
View insider buying and selling activity for Essex Property Trust
.

How do I buy shares of Essex Property Trust?

Shares of ESS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Essex Property Trust's stock price today?

One share of ESS stock can currently be purchased for approximately $219.15.

How big of a company is Essex Property Trust?

Essex Property Trust has a market capitalization of $14.29 billion and generates $1.46 billion in revenue each year. The real estate investment trust earns $439.29 million in net income (profit) each year or $13.38 on an earnings per share basis. Essex Property Trust employs 1,822 workers across the globe.

What is Essex Property Trust's official website?

The official website for Essex Property Trust is www.essexapartmenthomes.com.

How can I contact Essex Property Trust?

Essex Property Trust's mailing address is 1100 PARK PLACE SUITE 200, SAN MATEO CA, 94403. The real estate investment trust can be reached via phone at 650-655-7800 or via email at [email protected]

This page was last updated on 8/15/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.