Summary
313.91 3.69(1.19%)09/13/2024
Essex Property Trust, Inc. (ESS)
Essex Property Trust, Inc. (ESS)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 1.19 | 5.26 | 10.35 | 14.07 | 29.53 | 42.32 | 12.25 | 5,284.39 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 313.91 | |
| Open | 311.80 | |
| High | 314.31 | |
| Low | 309.64 | |
| Volume | 296,523 | |
| Change | 3.69 | |
| Change % | 1.19 | |
| Avg Volume (20 Days) | 281,697 | |
| Volume/Avg Volume (20 Days) Ratio | 1.05 | |
| 52 Week Range | 203.85 - 314.31 | |
| Price vs 52 Week High | -0.13% | |
| Price vs 52 Week Low | 53.99% | |
| Range | 0.68 | |
| Gap Up/Down | 1.55 | |
Fundamentals | ||
| Market Capitalization (Mln) | 20,168 | |
| EBIDTA | 1,093,196,032 | |
| PE Ratio | 31.6565 | |
| PEG Ratio | 7.7579 | |
| WallStreet Target Price | 250.45 | |
| Book Value | 86.4060 | |
| Earnings Per Share | 8.1800 | |
| EPS Estimate Current Quarter | 1.2900 | |
| EPS Estimate Next Quarter | 1.3400 | |
| EPS Estimate Current Year | 5.9200 | |
| EPS Estimate Next Year | 5.7800 | |
| Diluted EPS (TTM) | 8.1800 | |
| Revenues | ||
| Profit Marging | 0.3096 | |
| Operating Marging (TTM) | 0.3295 | |
| Return on asset (TTM) | 0.0269 | |
| Return on equity (TTM) | 0.0957 | |
| Revenue TTM | 1,695,958,016 | |
| Revenue per share TTM | 26.4210 | |
| Quarterly Revenue Growth (YOY) | 0.0380 | |
| Quarterly Earnings Growth (YOY) | 0.7850 | |
| Gross Profit (TTM) | 1,122,739,000 | |
| Dividends | ||
| Dividend Share | 9.3800 | |
| Dividend Yield | 0.0378 | |
| Valuations | ||
| Trailing PE | 31.6565 | |
| Forward PE | 44.0529 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 2.8332 | |
| Revenue Enterprise Value | 12.6724 | |
| EBITDA Enterprise Value | 17.7469 | |
| Shares | ||
| Shares Outstanding | 64,209,100 | |
| Shares Float | 63,569,537 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.04 | |
| Insider (%) | 1.15 | |
| Institutions (%) | 98.79 | |
09/15 06:06 EST - fool.com
Want Decades of Passive Income? 3 Stocks to Buy Right Now
Realty Income has routinely increased its dividend over the last three decades. EastGroup Properties has delivered a dependable and steadily rising dividend payment.
Want Decades of Passive Income? 3 Stocks to Buy Right Now
Realty Income has routinely increased its dividend over the last three decades. EastGroup Properties has delivered a dependable and steadily rising dividend payment.
09/12 04:05 EST - fool.com
Buy These 3 High-Yield Dividend Stocks Today and Sleep Soundly for a Decade
Real estate is a hard asset that has value and can generate a stream of rental income. Real estate investment trusts allow small investors to have exposure to institutional-level real estate assets.
Buy These 3 High-Yield Dividend Stocks Today and Sleep Soundly for a Decade
Real estate is a hard asset that has value and can generate a stream of rental income. Real estate investment trusts allow small investors to have exposure to institutional-level real estate assets.
09/05 16:15 EST - businesswire.com
Essex Property Trust Declares Quarterly Distributions
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.45 per common share, payable October 11, 2024 to shareholders of record as of September 30, 2024. About Essex Property Trust, Inc. 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.
Essex Property Trust Declares Quarterly Distributions
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.45 per common share, payable October 11, 2024 to shareholders of record as of September 30, 2024. About Essex Property Trust, Inc. 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.
09/05 14:43 EST - 247wallst.com
5 Safe Dividend Aristocrat Favorites Can Survive a Fall Market Sell-Off
24/7 Wall St. Insights The S&P 500 is up a stunning 16.5% this year, after a massive 2023.
5 Safe Dividend Aristocrat Favorites Can Survive a Fall Market Sell-Off
24/7 Wall St. Insights The S&P 500 is up a stunning 16.5% this year, after a massive 2023.
09/03 14:01 EST - zacks.com
Essex Property Rises 23.1% in 6 Months: Will the Trend Last?
A sturdy property base in the West Coast market with favorable demand drivers is likely to aid ESS. Technology initiatives and a healthy balance sheet bode well.
Essex Property Rises 23.1% in 6 Months: Will the Trend Last?
A sturdy property base in the West Coast market with favorable demand drivers is likely to aid ESS. Technology initiatives and a healthy balance sheet bode well.
09/03 10:00 EST - seekingalpha.com
Rates Down, REITs Up
Rates down, REITs up? Two years of persistent rate-driven pressure on residential and commercial real estate markets appears to finally be abating as the worst of pandemic-era inflationary pressures subside. Since the "pivot' in early July, the REIT Index has outpaced the S&P 500 by 10 percentage points. Despite this rebound, REITs still have 35 percentage points of "catch-up" to do. REITs aren't quite as "cheap" now as they were at the end of June, but that's not such a bad thing: premium equity valuations are the "fuel" for REITs' external growth.
Rates Down, REITs Up
Rates down, REITs up? Two years of persistent rate-driven pressure on residential and commercial real estate markets appears to finally be abating as the worst of pandemic-era inflationary pressures subside. Since the "pivot' in early July, the REIT Index has outpaced the S&P 500 by 10 percentage points. Despite this rebound, REITs still have 35 percentage points of "catch-up" to do. REITs aren't quite as "cheap" now as they were at the end of June, but that's not such a bad thing: premium equity valuations are the "fuel" for REITs' external growth.
09/01 09:00 EST - seekingalpha.com
A Summer To Remember
U.S. equity markets climbed to record-highs while benchmark interest rates rebounded from eight-month lows on a relatively quiet end-of-summer week as investors parsed a 'Goldilocks' slate of economic data. PCE data showed modest inflationary pressures in July - keeping the Fed on course for multiple rate cuts by year-end - while consumer spending and consumer confidence data topped estimates. Posting gains for a fourth week following a three-week skid in late July, the S&P 500 gained another 0.3% this week. The Dow Jones finished the week at all-time record-highs.
A Summer To Remember
U.S. equity markets climbed to record-highs while benchmark interest rates rebounded from eight-month lows on a relatively quiet end-of-summer week as investors parsed a 'Goldilocks' slate of economic data. PCE data showed modest inflationary pressures in July - keeping the Fed on course for multiple rate cuts by year-end - while consumer spending and consumer confidence data topped estimates. Posting gains for a fourth week following a three-week skid in late July, the S&P 500 gained another 0.3% this week. The Dow Jones finished the week at all-time record-highs.
08/25 09:00 EST - seekingalpha.com
The Time Has Come
U.S. equity markets rallied this week while benchmark interest rates tumbled to the lows of the year after Fed Chair Powell stated that the "time has come" to cut rates. The dovish pivot, underscored by an emphasis on "cooling labor markets," was further supported by data from the BLS showing that job growth has been far weaker than initially reported. The S&P 500 gained 1.4% this week, lifting the major benchmark to back within 0.5% of all-time record-highs. The Small-Cap 600 and Mid-Cap 400 each rallied nearly 3%.
The Time Has Come
U.S. equity markets rallied this week while benchmark interest rates tumbled to the lows of the year after Fed Chair Powell stated that the "time has come" to cut rates. The dovish pivot, underscored by an emphasis on "cooling labor markets," was further supported by data from the BLS showing that job growth has been far weaker than initially reported. The S&P 500 gained 1.4% this week, lifting the major benchmark to back within 0.5% of all-time record-highs. The Small-Cap 600 and Mid-Cap 400 each rallied nearly 3%.
08/24 11:05 EST - fool.com
Beyond the Recession Hype: 3 Unstoppable Stocks That Can Reward You for Years
Essex Property Trust has raised its dividend in each of the last three recessions. EastGroup Properties has given its investors a raise for a dozen straight years.
Beyond the Recession Hype: 3 Unstoppable Stocks That Can Reward You for Years
Essex Property Trust has raised its dividend in each of the last three recessions. EastGroup Properties has given its investors a raise for a dozen straight years.
08/19 17:53 EST - businesswire.com
Essex Property Trust Prices $200 Million Add-On Offering of its Senior Notes Due 2034 with a Reoffer Yield of 5.110%
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE: ESS) (“Essex”) announced today that its operating partnership, Essex Portfolio, L.P. (the “Issuer”), priced an underwritten public offering of $200 million in additional senior notes due 2034 with a reoffer yield of 5.110% (the “notes”). The notes will be issued as additional notes under the indenture pursuant to which the Issuer previously issued $350 million of 5.500% senior notes due 2034 (the “initial notes”). The notes w.
Essex Property Trust Prices $200 Million Add-On Offering of its Senior Notes Due 2034 with a Reoffer Yield of 5.110%
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE: ESS) (“Essex”) announced today that its operating partnership, Essex Portfolio, L.P. (the “Issuer”), priced an underwritten public offering of $200 million in additional senior notes due 2034 with a reoffer yield of 5.110% (the “notes”). The notes will be issued as additional notes under the indenture pursuant to which the Issuer previously issued $350 million of 5.500% senior notes due 2034 (the “initial notes”). The notes w.
08/18 09:00 EST - seekingalpha.com
Chasing Goldilocks
U.S. equity markets rallied while benchmark interest rates remained near the lows of the year after a critical slate of inflation data showed further encouraging signs of cooling price pressures. The Consumer Price Index posted a downside surprise for a fourth straight month, underscored by a "2-Handle" on Headline CPI, which follows a period of historically high inflation from 2021 to 2023. Sparking a renewed "Goldilocks" narrative, Retail Sales data was notably stronger than expected in July - posting its strongest monthly increase in 18 months - while Jobless Claims also moderated.
Chasing Goldilocks
U.S. equity markets rallied while benchmark interest rates remained near the lows of the year after a critical slate of inflation data showed further encouraging signs of cooling price pressures. The Consumer Price Index posted a downside surprise for a fourth straight month, underscored by a "2-Handle" on Headline CPI, which follows a period of historically high inflation from 2021 to 2023. Sparking a renewed "Goldilocks" narrative, Retail Sales data was notably stronger than expected in July - posting its strongest monthly increase in 18 months - while Jobless Claims also moderated.
08/16 13:00 EST - zacks.com
4 Reasons to Add Essex Property (ESS) to Your Portfolio Now
Essex Property (ESS) is likely to benefit from its strong property base on the West Coast, favorable demographics and a solid balance sheet.
4 Reasons to Add Essex Property (ESS) to Your Portfolio Now
Essex Property (ESS) is likely to benefit from its strong property base on the West Coast, favorable demographics and a solid balance sheet.
08/14 16:05 EST - businesswire.com
ESS Tech, Inc. Announces Second Quarter 2024 Financial Results
WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced financial results for its second quarter ended June 30, 2024. “ESS made significant headway in the business in the second quarter and we continue to be encouraged by the growing imperative for Long Duration Energy Storage to be coupled to renewables. Importantly,.
ESS Tech, Inc. Announces Second Quarter 2024 Financial Results
WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced financial results for its second quarter ended June 30, 2024. “ESS made significant headway in the business in the second quarter and we continue to be encouraged by the growing imperative for Long Duration Energy Storage to be coupled to renewables. Importantly,.
08/13 01:30 EST - seekingalpha.com
Essex Property Trust: High-Quality REIT With A Growing Dividend
Essex Property Trust focuses on three different supply-constrained markets across the US West Coast. Both enduring demand and limited supply are working in its favor. It has increased its dividend for 30 consecutive years. That easily qualifies the company for its vaunted status as a Dividend Aristocrat - one of only three REITs that can claim such a thing. On the other hand, the stock's 3.5% yield is on the low side for a REIT. But this yield easily beats the market and is 30 basis points higher than its own five-year average.
Essex Property Trust: High-Quality REIT With A Growing Dividend
Essex Property Trust focuses on three different supply-constrained markets across the US West Coast. Both enduring demand and limited supply are working in its favor. It has increased its dividend for 30 consecutive years. That easily qualifies the company for its vaunted status as a Dividend Aristocrat - one of only three REITs that can claim such a thing. On the other hand, the stock's 3.5% yield is on the low side for a REIT. But this yield easily beats the market and is 30 basis points higher than its own five-year average.
08/11 09:00 EST - seekingalpha.com
The Return Of Volatility
In a highly volatile week across global financial markets, U.S. equity markets ultimately finished the week little-changed, while benchmark interest rates rebounded from the lowest levels of the year. Following a historic surge in volatility, stabilization in Asian and European markets, decent jobless claims data, and clarity on the domestic Presidential matchup helped to ease market jitters. Narrowly avoiding a fourth-straight week of losses, the S&P 500 finished flat - staging a late-week rebound after sharp declines early in the week. The Nasdaq remained in "correction territory."
The Return Of Volatility
In a highly volatile week across global financial markets, U.S. equity markets ultimately finished the week little-changed, while benchmark interest rates rebounded from the lowest levels of the year. Following a historic surge in volatility, stabilization in Asian and European markets, decent jobless claims data, and clarity on the domestic Presidential matchup helped to ease market jitters. Narrowly avoiding a fourth-straight week of losses, the S&P 500 finished flat - staging a late-week rebound after sharp declines early in the week. The Nasdaq remained in "correction territory."
08/09 06:00 EST - investorplace.com
7 Dividend Aristocrats to Buy to Steadily Build Your Portfolio
Dividend aristocrats make an excellent case for inclusion in your portfolio, irrespective of the underlying circumstances. To qualify as a dividend aristocrat, a stock must represent one of the S&P 500 companies and have boosted their dividend every year for at least 25 years.
7 Dividend Aristocrats to Buy to Steadily Build Your Portfolio
Dividend aristocrats make an excellent case for inclusion in your portfolio, irrespective of the underlying circumstances. To qualify as a dividend aristocrat, a stock must represent one of the S&P 500 companies and have boosted their dividend every year for at least 25 years.
08/02 23:32 EST - seekingalpha.com
The 'X' Factor For Public REITs
The next cycle for public REITs could be more similar to those of the 1990s and early 2000s than one of the past 14 years. In prior cycles, public REITs enjoyed a cost of capital that allowed for significant external growth, boosting cash flow and dividends per share. Many companies spent the past cycle shoring up their balance sheets to record low leverage and maintaining a low dividend payout to enhance flexibility.
The 'X' Factor For Public REITs
The next cycle for public REITs could be more similar to those of the 1990s and early 2000s than one of the past 14 years. In prior cycles, public REITs enjoyed a cost of capital that allowed for significant external growth, boosting cash flow and dividends per share. Many companies spent the past cycle shoring up their balance sheets to record low leverage and maintaining a low dividend payout to enhance flexibility.
07/31 16:55 EST - seekingalpha.com
Essex Property Trust, Inc. (ESS) Q2 2024 Earnings Call Transcript
Essex Property Trust, Inc. (NYSE:ESS ) Q2 2024 Earnings Conference Call July 31, 2024 1:00 PM ET Company Participants Angela Kleiman - President and CEO Barb Pak - CFO & EVP Rylan Burns - EVP and Chief Investment Officer Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Nick Joseph - Citi Steven Song - Bank of America Daniel Tricarico - Scotiabank Brad Heffern - RBC Capital Markets Haendel St. Juste - Mizuho Securities Adam Kramer - Morgan Stanley James Feldman - Wells Fargo Connor Mitchell - Piper Sandler John Kim - BMO Capital Markets Wes Golladay - Baird Ami Probandt - UBS Operator Good day, and welcome to Essex Property Trust's Second Quarter 2024 Earnings Call. As a reminder, today's conference call is being recorded.
Essex Property Trust, Inc. (ESS) Q2 2024 Earnings Call Transcript
Essex Property Trust, Inc. (NYSE:ESS ) Q2 2024 Earnings Conference Call July 31, 2024 1:00 PM ET Company Participants Angela Kleiman - President and CEO Barb Pak - CFO & EVP Rylan Burns - EVP and Chief Investment Officer Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Nick Joseph - Citi Steven Song - Bank of America Daniel Tricarico - Scotiabank Brad Heffern - RBC Capital Markets Haendel St. Juste - Mizuho Securities Adam Kramer - Morgan Stanley James Feldman - Wells Fargo Connor Mitchell - Piper Sandler John Kim - BMO Capital Markets Wes Golladay - Baird Ami Probandt - UBS Operator Good day, and welcome to Essex Property Trust's Second Quarter 2024 Earnings Call. As a reminder, today's conference call is being recorded.
07/31 13:46 EST - zacks.com
Looking for a Growth Stock? 3 Reasons Why Essex Property Trust (ESS) is a Solid Choice
Essex Property Trust (ESS) possesses solid growth attributes, which could help it handily outperform the market.
Looking for a Growth Stock? 3 Reasons Why Essex Property Trust (ESS) is a Solid Choice
Essex Property Trust (ESS) possesses solid growth attributes, which could help it handily outperform the market.
07/31 12:30 EST - zacks.com
Essex Property (ESS) Q2 FFO & Revenues Beat, '24 View Raised
Essex Property's (ESS) Q2 FFO tops estimates. Results reflect favorable growth in same-property revenues and net operating income.
Essex Property (ESS) Q2 FFO & Revenues Beat, '24 View Raised
Essex Property's (ESS) Q2 FFO tops estimates. Results reflect favorable growth in same-property revenues and net operating income.