NYSE:ESS - Essex Property Trust Stock Price, Forecast & News

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

Essex Property Trust announced a quarterly dividend on Monday, December 16th. Investors of record on Thursday, January 2nd will be given a dividend of $1.95 per share on Wednesday, January 15th. This represents a $7.80 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date of this dividend is Tuesday, December 31st. View Essex Property Trust's Dividend History.

Essex Property Trust Inc (NYSE:ESS) issued its quarterly earnings data on Wednesday, October, 23rd. The real estate investment trust reported $1.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $3.36 by $1.83. The real estate investment trust earned $366.93 million during the quarter, compared to analyst estimates of $365.49 million. Essex Property Trust had a net margin of 29.78% and a return on equity of 6.73%. During the same quarter in the previous year, the firm earned $3.15 EPS. View Essex Property Trust's Earnings History.

Essex Property Trust is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Essex Property Trust.

Essex Property Trust will be holding an earnings conference call on Wednesday, January 29th 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 updated its FY19 earnings guidance on Wednesday, October, 23rd. The company provided EPS guidance of $13.28-13.38 for the period, compared to the Thomson Reuters consensus estimate of $13.34.

14 analysts have issued 12 month price targets for Essex Property Trust's shares. Their forecasts range from $295.00 to $355.00. On average, they anticipate Essex Property Trust's share price to reach $331.46 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Price Targets for Essex Property Trust.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essex Property Trust in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Essex Property Trust.

Media headlines about ESS stock have trended very negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing 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 news sentiment score of -3.8 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 effect on the stock's share price in the immediate future. View News Stories for Essex Property Trust.

Essex Property Trust saw a decrease in short interest in December. As of December 31st, there was short interest totalling 952,500 shares, a decrease of 17.2% from the December 15th total of 1,150,000 shares. Based on an average daily volume of 376,100 shares, the days-to-cover ratio is presently 2.5 days. Approximately 1.5% of the shares of the company are short sold. View Essex Property Trust's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Essex Property Trust investors own include Cisco Systems (CSCO), AT&T (T), Activision Blizzard (ATVI), Boeing (BA), Walt Disney (DIS), Mastercard (MA), Mcdonald's (MCD), Intel (INTC), Simon Property Group (SPG) and Visa (V).

Essex Property Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include PGGM Investments (0.55%), Johanson Financial Advisors Inc. (0.18%), State of Alaska Department of Revenue (0.09%), Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.07%), Nisa Investment Advisors LLC (0.06%) and Manning & Napier Group LLC (0.03%). Company insiders that own Essex Property Trust stock include Adam W Berry, Angela L Kleiman, Byron A Scordelis, Craig K Zimmerman, Gary P Martin, Glenn Olnick, 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 PGGM Investments, Hexavest Inc., Manning & Napier Group LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Bennicas & Associates Inc., IFM Investors Pty Ltd, Gateway Investment Advisers LLC and Spirit of America Management Corp NY. 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, Janice L Sears, John D Eudy, John F Burkart, John Farias and Michael J Schall. View Insider Buying and Selling for Essex Property Trust.

ESS stock was acquired by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., State of Alaska Department of Revenue, Bowling Portfolio Management LLC, Nisa Investment Advisors LLC, Diversified Trust Co, Surevest Inc. and 6 Meridian. View Insider Buying and Selling 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 $308.87.

Essex Property Trust has a market capitalization of $20.41 billion and generates $1.40 billion in revenue each year. The real estate investment trust earns $390.15 million in net income (profit) each year or $12.57 on an earnings per share basis. Essex Property Trust employs 1,826 workers across the globe.View Additional Information About Essex Property Trust.

The official website for Essex Property Trust is http://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]