NYSE:ESSEssex Property Trust Stock Price, Forecast & News

Essex Property Trust's stock was trading at $277.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ESS stock has decreased by 18.2% and is now trading at $226.92. View which stocks have been most impacted by Coronavirus.

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.

Essex Property Trust is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Essex Property Trust.

Essex Property Trust will be holding an earnings conference call on Monday, August 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Essex Property Trust Inc (NYSE:ESS) posted its earnings results on Wednesday, May, 6th. The real estate investment trust reported $4.76 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $3.40 by $1.36. The real estate investment trust earned $392.37 million during the quarter, compared to the consensus estimate of $383.23 million. Essex Property Trust had a return on equity of 9.94% and a net margin of 42.47%. During the same period last year, the business posted $3.23 earnings per share. View Essex Property Trust's earnings history.

Essex Property Trust declared a quarterly dividend on Thursday, May 14th. Investors 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 annualized dividend and a yield of 3.66%. The ex-dividend date is Monday, June 29th. View Essex Property Trust's dividend history.

16 Wall Street analysts have issued 12 month target prices for Essex Property Trust's stock. Their forecasts range from $203.00 to $355.00. On average, they anticipate Essex Property Trust's stock price to reach $291.31 in the next twelve months. This suggests a possible upside of 28.4% from the stock's current price. View analysts' price targets for Essex Property Trust.

Media stories about ESS stock have been trending negative recently, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Essex Property Trust earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave media 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 effect on the company's share price in the near term. View the latest news about Essex Property Trust.

Essex Property Trust saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 869,500 shares, a decrease of 17.2% from the May 31st total of 1,050,000 shares. Based on an average trading volume of 581,400 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.3% of the company's stock are short sold. View Essex Property Trust's Current Options Chain.

Some companies that are related to Essex Property Trust include AvalonBay Communities (AVB), Equity Residential (EQR), Sun Communities (SUI), Mid-America Apartment Communities (MAA), Equity Lifestyle Properties (ELS), UDR (UDR), Camden Property Trust (CPT), Apartment Investment and Management (AIV), American Campus Communities (ACC) and UMH PROPERTIES/SH SH (UMH). View all competitors.

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), Mastercard (MA), Boeing (BA), Walt Disney (DIS), Mcdonald's (MCD), Realty Income (O), Johnson & Johnson (JNJ) and Pfizer (PFE).

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

Essex Property Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Timbercreek Investment Management Inc. (0.15%), State of Alaska Department of Revenue (0.10%), Envestnet Asset Management Inc. (0.05%), Pensionfund DSM Netherlands (0.02%), Pensionfund Sabic (0.01%) and Municipal Employees Retirement System of Michigan (0.01%). 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.

ESS stock was sold by a variety of institutional investors in the last quarter, including Mountain Pacific Investment Advisers Inc. ID. 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.

ESS stock was bought by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., Pensionfund DSM Netherlands, Cox Capital Mgt LLC, Municipal Employees Retirement System of Michigan, Envestnet Asset Management Inc., Pensionfund Sabic, and State of Alaska Department of Revenue. View insider buying and selling activity for 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.

One share of ESS stock can currently be purchased for approximately $226.92.

Essex Property Trust has a market capitalization of $14.84 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.

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

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]