NYSE:ESS

Essex Property Trust Stock Forecast, Price & News

$331.78
+0.66 (+0.20 %)
(As of 07/27/2021 03:59 PM ET)
Add
Compare
Today's Range
$329.18
$335.27
50-Day Range
$285.32
$331.91
52-Week Range
$186.30
$334.40
Volume9,988 shs
Average Volume279,481 shs
Market Capitalization$21.57 billion
P/E Ratio51.20
Dividend Yield2.52%
Beta0.73
30 days | 90 days | 365 days | Advanced Chart
Receive ESS News and Ratings via Email

Sign-up to receive the latest news and ratings for Essex Property Trust and its competitors with MarketBeat's FREE daily newsletter.


Essex Property Trust logo

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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

2.49 out of 5 stars

Finance Sector

60th out of 2,045 stocks

Real Estate Investment Trusts Industry

10th out of 282 stocks

Analyst Opinion: 2.3Community Rank: 3.1Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Essex Property Trust (NYSE:ESS) Frequently Asked Questions

Is Essex Property Trust a buy right now?

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.

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) 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
.

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

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.
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 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
.

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 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 -.

What price target have analysts set for ESS?

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.

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 major 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 major investors are buying Essex Property Trust stock?

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.

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 $331.78.

How much money does Essex Property Trust make?

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.

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 7/27/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.