S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NYSE:ESS

Essex Property Trust Stock Forecast, Price & News

$332.08
-3.70 (-1.10%)
(As of 01/21/2022 12:00 AM ET)
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Today's Range
$331.37
$339.81
50-Day Range
$328.16
$357.25
52-Week Range
$235.75
$359.49
Volume
305,932 shs
Average Volume
282,381 shs
Market Capitalization
$21.61 billion
P/E Ratio
48.27
Dividend Yield
2.49%
Beta
0.73
30 days | 90 days | 365 days | Advanced Chart
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Essex Property Trust logo

About Essex Property Trust

Essex Property Trust, Inc. operates as a real estate investment trust. It engages in the ownership, operation, management, acquisition, development, and redevelopment of predominantly apartment communities. The company was founded by George M. Marcus in 1971 and is headquartered in San Mateo, CA.

Headlines

Essex Property Trust (NYSE:ESS) Price Target Raised to $367.00
January 18, 2022 |  americanbankingnews.com
10 Best Dividend Aristocrats to Buy for 2022
January 17, 2022 |  finance.yahoo.com
Essex Reports Characteristics of 2021 Dividends
January 14, 2022 |  finance.yahoo.com
Essex Property Trust (NYSE:ESS) PT Raised to $371.00 at KeyCorp
January 13, 2022 |  americanbankingnews.com
Essex Property Trust (NYSE:ESS) Lowered to Underperform at Scotiabank
December 16, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Residential REITs
Sector
Finance
CUSIP
29717810
Employees
1,799
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.50 billion
Cash Flow
$16.08 per share
Book Value
$94.83 per share

Profitability

Net Income
$568.87 million
Pretax Margin
33.07%

Debt

Price-To-Earnings

Miscellaneous

Free Float
62,615,000
Market Cap
$21.61 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/26/2021
Ex-Dividend for 1/14 Dividend
12/31/2021
Dividend Payable
1/14/2022
Today
1/22/2022
Next Earnings (Confirmed)
2/02/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.68 out of 5 stars

Finance Sector

194th out of 1,355 stocks

Real Estate Investment Trusts Industry

33rd out of 230 stocks

Analyst Opinion: 2.2Community Rank: 4.1Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Essex Property Trust (NYSE:ESS) Frequently Asked Questions

Is Essex Property Trust a buy right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essex Property Trust in the last twelve months. There are currently 2 sell ratings, 7 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Essex Property Trust stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ESS, but not buy additional shares or sell existing shares.
View analyst ratings for Essex Property Trust
or view top-rated stocks.

How has Essex Property Trust's stock price 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 shares have increased by 19.7% and is now trading at $332.08.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Essex Property Trust?

Essex Property Trust saw a drop in short interest in the month of December. As of December 15th, there was short interest totaling 770,400 shares, a drop of 20.4% from the November 30th total of 968,000 shares. Based on an average daily volume of 275,800 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.2% of the company's shares are short sold.
View Essex Property Trust's Short Interest
.

When is Essex Property Trust's next earnings date?

Essex Property Trust is scheduled to release its next quarterly earnings announcement on Wednesday, February 2nd 2022.
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 Thursday, February 3rd at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 844-512-2921 with passcode "13726045".

How were Essex Property Trust's earnings last quarter?

Essex Property Trust, Inc. (NYSE:ESS) posted its quarterly earnings results on Tuesday, October, 26th. The real estate investment trust reported $1.82 earnings per share for the quarter, missing the Zacks' consensus estimate of $3.10 by $1.28. The real estate investment trust earned $360.62 million during the quarter, compared to analyst estimates of $357.54 million. Essex Property Trust had a net margin of 31.27% and a trailing twelve-month return on equity of 7.08%. The firm's revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.15 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 Friday, December 10th. Stockholders of record on Monday, January 3rd will be paid a dividend of $2.09 per share on Friday, January 14th. This represents a $8.36 annualized dividend and a yield of 2.52%. The ex-dividend date is Friday, December 31st.
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 2.49%. Essex Property Trust has been increasing its dividend for 28 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Essex Property Trust is 121.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Essex Property Trust will have a dividend payout ratio of 59.71% 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 updated its fourth quarter 2021 earnings guidance on Tuesday, November, 2nd. The company provided earnings per share (EPS) guidance of $3.150-$3.250 for the period. The company issued revenue guidance of -.

What price target have analysts set for ESS?

18 brokerages have issued 1-year price targets for Essex Property Trust's stock. Their forecasts range from $303.00 to $390.00. On average, they anticipate Essex Property Trust's stock price to reach $356.88 in the next year. This suggests a possible upside of 7.5% from the stock's current price.
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:
  • Michael J. Schall, President, Chief Executive Officer & Director (LinkedIn Profile)
  • Angela L. Kleiman, Chief Operating Officer & Senior Executive VP (LinkedIn Profile)
  • Barb M. Pak, Chief Financial Officer & Executive Vice President
  • Patrick E. Klein, Chief Technology Officer & Executive VP
  • Anne Morrison, Senior Vice President & General Counsel

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.

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 a variety of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (0.53%), Retirement Systems of Alabama (0.21%), State of Alaska Department of Revenue (0.09%), Pendal Group Ltd (0.02%), DNB Asset Management AS (0.02%) and Sumitomo Mitsui DS Asset Management Company Ltd (0.02%). Company insiders that own Essex Property Trust stock include Adam W Berry, Angela L Kleiman, Barbara Pak, Byron A Scordelis, Irving F Lyons III, Irving F Lyons III, John F Burkart, John Farias, Michael J Schall and Thomas E Robinson.
View institutional ownership trends for Essex Property Trust
.

Which institutional investors are selling Essex Property Trust stock?

ESS stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Ltd, State of Alaska Department of Revenue, Parallel Advisors LLC, Kinloch Capital LLC, Retirement Systems of Alabama, IBM Retirement Fund, New Mexico Educational Retirement Board, and Ritholtz Wealth Management. Company insiders that have sold Essex Property Trust company stock in the last year include Adam W Berry, Angela L Kleiman, Barbara Pak, Byron A Scordelis, Irving F Lyons III, John Farias, Michael J Schall, and Thomas E Robinson.
View insider buying and selling activity for Essex Property Trust
or view top insider-selling stocks.

Which institutional investors are buying Essex Property Trust stock?

ESS stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Allworth Financial LP, Kovack Advisors Inc., FourThought Financial LLC, HighTower Trust Services LTA, Wealthfront Advisers LLC, DNB Asset Management AS, and Minot Wealth Management LLC.
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 $332.08.

How much money does Essex Property Trust make?

Essex Property Trust has a market capitalization of $21.61 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 $6.88 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, via email at [email protected], or via fax at 650-494-8743.


This page was last updated on 1/22/2022 by MarketBeat.com Staff

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