AAPL   321.85 (+1.23%)
MSFT   182.83 (-0.23%)
FB   231.91 (+3.03%)
GOOGL   1,434.87 (+0.09%)
AMZN   2,471.04 (+1.17%)
NVDA   352.25 (-0.78%)
CGC   16.48 (-5.12%)
BABA   206.57 (-0.40%)
MU   46.34 (-3.28%)
GE   6.76 (+2.89%)
TSLA   898.10 (+7.56%)
AMD   53.63 (-0.32%)
T   30.93 (+0.23%)
ACB   14.10 (+0.14%)
F   5.87 (+2.80%)
GILD   75.16 (-3.43%)
DIS   118.77 (+1.25%)
NFLX   425.92 (+1.47%)
BAC   24.61 (+2.03%)
BA   151.39 (+3.80%)
AAPL   321.85 (+1.23%)
MSFT   182.83 (-0.23%)
FB   231.91 (+3.03%)
GOOGL   1,434.87 (+0.09%)
AMZN   2,471.04 (+1.17%)
NVDA   352.25 (-0.78%)
CGC   16.48 (-5.12%)
BABA   206.57 (-0.40%)
MU   46.34 (-3.28%)
GE   6.76 (+2.89%)
TSLA   898.10 (+7.56%)
AMD   53.63 (-0.32%)
T   30.93 (+0.23%)
ACB   14.10 (+0.14%)
F   5.87 (+2.80%)
GILD   75.16 (-3.43%)
DIS   118.77 (+1.25%)
NFLX   425.92 (+1.47%)
BAC   24.61 (+2.03%)
BA   151.39 (+3.80%)
AAPL   321.85 (+1.23%)
MSFT   182.83 (-0.23%)
FB   231.91 (+3.03%)
GOOGL   1,434.87 (+0.09%)
AMZN   2,471.04 (+1.17%)
NVDA   352.25 (-0.78%)
CGC   16.48 (-5.12%)
BABA   206.57 (-0.40%)
MU   46.34 (-3.28%)
GE   6.76 (+2.89%)
TSLA   898.10 (+7.56%)
AMD   53.63 (-0.32%)
T   30.93 (+0.23%)
ACB   14.10 (+0.14%)
F   5.87 (+2.80%)
GILD   75.16 (-3.43%)
DIS   118.77 (+1.25%)
NFLX   425.92 (+1.47%)
BAC   24.61 (+2.03%)
BA   151.39 (+3.80%)
AAPL   321.85 (+1.23%)
MSFT   182.83 (-0.23%)
FB   231.91 (+3.03%)
GOOGL   1,434.87 (+0.09%)
AMZN   2,471.04 (+1.17%)
NVDA   352.25 (-0.78%)
CGC   16.48 (-5.12%)
BABA   206.57 (-0.40%)
MU   46.34 (-3.28%)
GE   6.76 (+2.89%)
TSLA   898.10 (+7.56%)
AMD   53.63 (-0.32%)
T   30.93 (+0.23%)
ACB   14.10 (+0.14%)
F   5.87 (+2.80%)
GILD   75.16 (-3.43%)
DIS   118.77 (+1.25%)
NFLX   425.92 (+1.47%)
BAC   24.61 (+2.03%)
BA   151.39 (+3.80%)
Log in

NYSE:ESSEssex Property Trust Stock Price, Forecast & News

$246.91
+4.14 (+1.71 %)
(As of 06/1/2020 04:00 PM ET)
Add
Compare
Today's Range
$241.41
Now: $246.91
$248.99
50-Day Range
$225.01
MA: $242.00
$260.84
52-Week Range
$175.81
Now: $246.91
$334.17
Volume359,879 shs
Average Volume552,149 shs
Market Capitalization$16.15 billion
P/E Ratio25.67
Dividend Yield3.42%
Beta0.69
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: 3.2Community Rank: 2.2Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.40 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$13.86 per share
Book Value$96.90 per share

Profitability

Net Income$439.29 million

Miscellaneous

Employees1,822
Market Cap$16.15 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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.

Essex Property Trust (NYSE:ESS) Frequently Asked Questions

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

Essex Property Trust's stock was trading at $277.54 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ESS stock has decreased by 11.0% and is now trading at $246.91. View which stocks have been most impacted by Coronavirus.

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 1 sell rating, 9 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, July 22nd 2020. View our earnings forecast for Essex Property Trust.

How were Essex Property Trust's earnings last quarter?

Essex Property Trust Inc (NYSE:ESS) issued its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported $4.76 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.40 by $1.36. The real estate investment trust had revenue of $392.37 million for the quarter, compared to analyst estimates 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 in the previous year, the firm earned $3.23 EPS. 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 annualized dividend and a yield of 3.37%. The ex-dividend date of this dividend is Monday, June 29th. View Essex Property Trust's dividend history.

What price target have analysts set for ESS?

16 brokers have issued 1 year price objectives 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 $292.07 in the next year. This suggests a possible upside of 18.3% from the stock's current price. View analysts' price targets for Essex Property Trust.

Has Essex Property Trust been receiving favorable news coverage?

Media stories about ESS stock have trended extremely negative recently, InfoTrie reports. The research firm identifies negative and positive news 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 negative five to positive five, with scores nearest to five being the most favorable. Essex Property Trust earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutEssex Property Trust.

Are investors shorting Essex Property Trust?

Essex Property Trust saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 739,000 shares, a drop of 7.9% from the April 30th total of 802,700 shares. Based on an average trading volume of 579,600 shares, the short-interest ratio is currently 1.3 days. Currently, 1.1% of the shares of the stock are sold short. View Essex Property Trust's Current Options Chain.

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

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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.49%), State Street Corp (7.77%), Cohen & Steers Inc. (7.33%), Principal Financial Group Inc. (3.50%), Geode Capital Management LLC (2.13%) and JPMorgan Chase & Co. (2.08%). 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 Invesco Ltd., Balyasny Asset Management LLC, JPMorgan Chase & Co., Morgan Stanley, Morgan Stanley, Cbre Clarion Securities LLC, Resolution Capital Ltd, and BlackRock Inc.. 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 bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Two Sigma Advisers LP, Sumitomo Mitsui Trust Holdings Inc., Centersquare Investment Management LLC, Principal Financial Group Inc., Mitsubishi UFJ Trust & Banking Corp, Swiss National Bank, and Legal & General Group Plc. 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 $246.91.

How big of a company is Essex Property Trust?

Essex Property Trust has a market capitalization of $16.15 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 6/1/2020 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.