Essex Property Trust Stock Forecast, Price & News

+0.50 (+0.15 %)
(As of 07/28/2021 03:34 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume9,627 shs
Average Volume393,718 shs
Market Capitalization$21.60 billion
P/E Ratio51.28
Dividend Yield2.52%
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About Essex Property Trust

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.


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Overall MarketRank

2.49 out of 5 stars

Finance Sector

115th out of 2,033 stocks

Real Estate Investment Trusts Industry

19th out of 283 stocks

Analyst Opinion: 2.3Community Rank: 3.1Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Essex Property Trust (NYSE:ESS) Frequently Asked Questions

Is Essex Property Trust a buy right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essex Property Trust in the last twelve months. There are currently 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Essex Property Trust stock.
View analyst ratings for Essex Property Trust
or view top-rated stocks.

What stocks does MarketBeat like better than Essex Property Trust?

Wall Street analysts have given Essex Property Trust a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Essex Property Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Essex Property Trust's next earnings date?

Essex Property Trust is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Essex Property Trust

How can I listen to Essex Property Trust's earnings call?

Essex Property Trust will be holding an earnings conference call on Friday, July 30th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 844-512-2921 with passcode "13721047".

How were Essex Property Trust's earnings last quarter?

Essex Property Trust, Inc. (NYSE:ESS) posted its quarterly earnings data on Tuesday, April, 27th. The real estate investment trust reported $2.59 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $3.04 by $0.45. Essex Property Trust had a trailing twelve-month return on equity of 6.58% and a net margin of 28.95%. During the same quarter last year, the business earned $3.48 earnings per share.
View Essex Property Trust's earnings history

How has Essex Property Trust's stock price been impacted by Coronavirus?

Essex Property Trust's stock was trading at $277.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ESS stock has increased by 19.3% and is now trading at $331.13.
View which stocks have been most impacted by COVID-19

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

Essex Property Trust announced a quarterly dividend on Wednesday, May 12th. Shareholders of record on Wednesday, June 30th will be given a dividend of $2.09 per share on Thursday, July 15th. This represents a $8.36 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend is Tuesday, June 29th.
View Essex Property Trust's dividend history

Is Essex Property Trust a good dividend stock?

Essex Property Trust pays an annual dividend of $8.36 per share and currently has a dividend yield of 2.52%. Essex Property Trust has been increasing its dividend for 27 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Essex Property Trust is 65.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Essex Property Trust will have a dividend payout ratio of 63.53% next year. This indicates that Essex Property Trust will be able to sustain or increase its dividend.
View Essex Property Trust's dividend history.

What guidance has Essex Property Trust issued on next quarter's earnings?

Essex Property Trust updated its FY 2021 earnings guidance on Tuesday, June, 29th. The company provided EPS guidance of $12.020-$12.460 for the period. The company issued revenue guidance of -.

What price target have analysts set for ESS?

14 Wall Street analysts have issued 12-month price targets for Essex Property Trust's shares. Their forecasts range from $217.00 to $351.00. On average, they expect Essex Property Trust's share price to reach $302.93 in the next year. This suggests that the stock has a possible downside of 8.5%.
View analysts' price targets for Essex Property Trust
or view top-rated stocks among Wall Street analysts.

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 64, Pay $2.56M)
  • Ms. Angela L. Kleiman, Sr. EVP & COO (Age 50, Pay $1.53M)
  • Mr. Adam W. Berry, Exec. VP & Chief Investment Officer (Age 47, Pay $1.23M)
  • Mr. John F. Burkart, Strategic Advisor (Age 57, Pay $1.86M)
  • Ms. Barbara M. Pak CFA, Exec. VP & CFO (Age 43)
  • Mr. John Farias, Sr. VP & Chief Accounting Officer (Age 52)
  • Mr. Patrick Klein, Exec. VP & CTO
  • Rylan Burns, VP of Fin. & Investor Relations
  • Ms. Anne Morrison, Sr. VP, Sec. & Gen. Counsel
  • Sudarshana Rangachary, Sr. VP of HR

What is Michael Schall's approval rating as Essex Property Trust's CEO?

236 employees have rated Essex Property Trust CEO Michael Schall on Glassdoor.com. Michael Schall has an approval rating of 95% among Essex Property Trust's employees. This puts Michael Schall in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), Intel (INTC), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Realty Income (O), AbbVie (ABBV), Simon Property Group (SPG), McDonald's (MCD), Crown Castle International (CCI) and 3M (MMM).

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 many different retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.08%), Manning & Napier Group LLC (0.05%), CBOE Vest Financial LLC (0.02%), IFM Investors Pty Ltd (0.01%), Spirit of America Management Corp NY (0.01%) and New Mexico Educational Retirement Board (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 F Burkart, John Farias, Michael J Schall and Thomas E Robinson.
View institutional ownership trends for Essex Property Trust

Which institutional investors are selling Essex Property Trust stock?

ESS stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold Essex Property Trust company stock in the last year include Irving F Lyons III, and Thomas E Robinson.
View insider buying and selling activity for Essex Property Trust
or view top insider-selling stocks.

Which institutional investors are buying Essex Property Trust stock?

ESS stock was bought by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, CBOE Vest Financial LLC, IFM Investors Pty Ltd, Spirit of America Management Corp NY, Eagle Global Advisors LLC, and New Mexico Educational Retirement Board.
View insider buying and selling activity for Essex Property Trust
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Essex Property Trust's stock price today?

One share of ESS stock can currently be purchased for approximately $331.13.

How much money does Essex Property Trust make?

Essex Property Trust has a market capitalization of $21.52 billion and generates $1.50 billion in revenue each year. The real estate investment trust earns $568.87 million in net income (profit) each year or $12.82 on an earnings per share basis.

How many employees does Essex Property Trust have?

Essex Property Trust employs 1,799 workers across the globe.

What is Essex Property Trust's official website?

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

Where are Essex Property Trust's headquarters?

Essex Property Trust is headquartered at 1100 PARK PLACE SUITE 200, SAN MATEO CA, 94403.

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 7/28/2021 by MarketBeat.com Staff
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