Essex Property Trust Stock Forecast, Price & News

14 Wall Street research 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 research analysts is that investors should "buy" Essex Property Trust stock.
View analyst ratings for Essex Property Trust or view top-rated stocks.

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.
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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.

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".

Essex Property Trust, Inc. (NYSE:ESS) issued its quarterly earnings results on Tuesday, April, 27th. The real estate investment trust reported $2.59 earnings per share for the quarter, missing the Zacks' 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 company earned $3.48 EPS.
View Essex Property Trust's earnings history.

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. Since then, ESS stock has increased by 19.5% and is now trading at $331.78.
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Essex Property Trust declared a quarterly dividend on Wednesday, May 12th. Investors of record on Wednesday, June 30th will be paid a dividend of $2.09 per share on Thursday, July 15th. This represents a $8.36 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend is Tuesday, June 29th.
View Essex Property Trust's dividend history.

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.

Essex Property Trust issued an update on 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 -.

14 brokerages have issued 1 year target prices for Essex Property Trust's shares. Their forecasts range from $217.00 to $351.00. On average, they expect Essex Property Trust's stock price to reach $302.93 in the next year. This suggests that the stock has a possible downside of 8.7%.
View analysts' price targets for Essex Property Trust or view top-rated stocks among Wall Street analysts.

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.

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

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).

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

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.

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.

ESS stock was purchased 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.

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.
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One share of ESS stock can currently be purchased for approximately $331.78.

Essex Property Trust has a market capitalization of $21.57 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.

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

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

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

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]