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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
Phone650-655-7800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.40 billion
Profitability
Miscellaneous
Employees1,826
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable
Essex Property Trust (NYSE:ESS) Frequently Asked Questions
What is Essex Property Trust's stock symbol?
Essex Property Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESS."
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 Friday, September 6th. Stockholders of record on Monday, September 30th will be given a dividend of $1.95 per share on Tuesday, October 15th. This represents a $7.80 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Friday, September 27th. View Essex Property Trust's Dividend History.
How were Essex Property Trust's earnings last quarter?
Essex Property Trust Inc (NYSE:ESS) released its quarterly earnings data on Wednesday, July, 24th. The real estate investment trust reported $1.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.26 by $1.86. The real estate investment trust earned $361.64 million during the quarter, compared to the consensus estimate of $358.15 million. Essex Property Trust had a return on equity of 6.43% and a net margin of 28.83%. During the same quarter in the prior year, the business earned $3.14 earnings per share. View Essex Property Trust's Earnings History.
When is Essex Property Trust's next earnings date?
What guidance has Essex Property Trust issued on next quarter's earnings?
Essex Property Trust issued an update on its FY19 earnings guidance on Wednesday, July, 24th. The company provided EPS guidance of $13.19-13.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $13.14.
What price target have analysts set for ESS?
16 equities research analysts have issued 12 month price objectives for Essex Property Trust's stock. Their forecasts range from $255.00 to $354.00. On average, they anticipate Essex Property Trust's share price to reach $299.90 in the next twelve months. This suggests that the stock has a possible downside of 7.0%. View Analyst Price Targets for Essex Property Trust.
What is the consensus analysts' recommendation for 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 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Essex Property Trust.
Has Essex Property Trust been receiving favorable news coverage?
Press coverage about ESS stock has trended somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Essex Property Trust earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Essex Property Trust.
Who are some of Essex Property Trust's key competitors?
Some companies that are related to Essex Property Trust include CROWN CASTLE IN/SH SH (CCI), Prologis (PLD), Simon Property Group (SPG), Equinix (EQIX), Public Storage (PSA), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), SBA Communications (SBAC), Ventas (VTR), DIGITAL RLTY TR/SH (DLR), Realty Income (O), Weyerhaeuser (WY), Boston Properties (BXP) and Alexandria Real Estate Equities (ARE).
What other stocks do shareholders of Essex Property Trust own?
Who are Essex Property Trust's key executives?
Essex Property Trust's management team includes the folowing 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)
Who are Essex Property Trust's major shareholders?
Essex Property Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (16.24%), BlackRock Inc. (10.20%), BlackRock Inc. (10.20%), Cohen & Steers Inc. (8.00%), Daiwa Securities Group Inc. (2.73%) and Invesco Ltd. (2.00%). 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.
Which major investors are selling Essex Property Trust stock?
ESS stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., BlackRock Inc., BlackRock Inc., Prudential Financial Inc., Canada Pension Plan Investment Board, Morgan Stanley, Russell Investments Group Ltd. and Centersquare Investment Management LLC. Company insiders that have sold Essex Property Trust company stock in the last year include Adam W Berry, Angela L Kleiman, Byron A Scordelis, Janice L Sears, John D Eudy, John F Burkart, John Farias and Michael J Schall. View Insider Buying and Selling for Essex Property Trust.
Which major investors are buying Essex Property Trust stock?
ESS stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Amundi Pioneer Asset Management Inc., Brookfield Asset Management Inc., California Public Employees Retirement System, Renaissance Technologies LLC, Northern Trust Corp, TD Asset Management Inc. and Cibc World Markets Corp. View Insider Buying and Selling 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 $322.63.
How big of a company is Essex Property Trust?
Essex Property Trust has a market capitalization of $21.21 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.
What is Essex Property Trust's official website?
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]
MarketBeat Community Rating for Essex Property Trust (NYSE ESS)
MarketBeat's community ratings are surveys of what our community members think about Essex Property Trust and other stocks. Vote "Outperform" if you believe ESS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ESS will underperform the S&P 500 over the long term. You may vote once every thirty days.
