Essex Property Trust, Inc. (LON: 0IIR)

London flag London · Delayed Price · Currency is GBP · Price in USD
283.55
+0.00 (0.00%)
At close: Jan 17, 2025
14.80%
Market Cap 14.94B
Revenue (ttm) 1.31B
Net Income (ttm) 409.95M
Shares Out n/a
EPS (ttm) 6.38
PE Ratio 36.44
Forward PE n/a
Dividend 7.69 (2.71%)
Ex-Dividend Date Jan 2, 2025
Volume 292
Average Volume 980
Open 285.80
Previous Close 283.54
Day's Range 283.04 - 285.80
52-Week Range 195.84 - 285.80
Beta 0.90
RSI 47.36
Earnings Date Feb 5, 2025

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 254 apartment communities comprising approximately 62,000 apartment homes. [Read more]

Industry Real Estate - General
Sector Real Estate
Founded 1971
Employees 1,750
Stock Exchange London Stock Exchange
Ticker Symbol 0IIR
Full Company Profile

Financial Performance

In 2023, Essex Property Trust's revenue was $1.68 billion, an increase of 2.89% compared to the previous year's $1.63 billion. Earnings were $405.83 million, a decrease of -0.61%.

Financial numbers in USD Financial Statements

News

Essex Property Trust Inc (ESS) Announces Fourth Quarter 2024 Earnings Release Date

Essex Property Trust Inc (ESS) Announces Fourth Quarter 2024 Earnings Release Date

8 days ago - GuruFocus

Essex Announces Release and Conference Call Dates for Its Fourth Quarter 2024 Earnings

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its fourth quarter 2024 earnings after the market closes on Tuesday, February 4, 2025...

8 days ago - Business Wire

Sector Spotlight: Multifamily REITs - They Survived Until 2025!

COVID-19 led to a migration to Sunbelt cities, causing a surge in apartment rents and subsequent overbuilding, which is now stabilizing. Multifamily REITs saw a decline in valuations but are now modes...

14 days ago - Seeking Alpha

Essex Property Trust Inc (ESS) Declares Quarterly Dividend

Essex Property Trust Inc (ESS) Declares Quarterly Dividend

6 weeks ago - GuruFocus

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 ...

6 weeks ago - Business Wire

Essex Property Trust: Limited Supply Enables Further Growth

Essex Property Trust shares have been a solid performer over the past year, gaining 35%. Click here to find out why I am remaining a hold on ESS stock.

6 weeks ago - Seeking Alpha

Essex Property Trust, Inc. (ESS) Q3 2024 Earnings Call Transcript

Essex Property Trust, Inc. (NYSE:ESS) Q3 2024 Earnings Conference Call October 30, 2024 1:00 PM ET Company Participants Angela Kleiman - President, CEO Barb Pak - EVP, CFO Rylan Burns - EVP, Chief In...

2 months ago - Seeking Alpha

Essex Announces Third Quarter 2024 Results and Raises Full-Year 2024 Guidance

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE: ESS) (the “Company”) announced today its third quarter 2024 earnings results and related business activities. Net Income, Funds fr...

2 months ago - Business Wire

Assessing The Impact Of Mortgage Rates On REITs

Historically, REITs outperform the S&P 500 after rising interest rates, with recent data showing a 25% return from May to September 2024. Mortgage rates impact REITs differently, with lower rates boos...

3 months ago - Seeking Alpha

Essex Announces Release and Conference Call Dates for Its Third Quarter 2024 Earnings

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its third quarter 2024 earnings after the market closes on Tuesday, October 29, 2024....

3 months ago - Business Wire

Essex Property Trust: Tailwinds From Both Supply And Demand

Essex Property Trust has shown impressive stock price appreciation, gaining approximately 40% in one year and outperforming all its residential peers in the S&P 500. The REIT is set to benefit from fa...

3 months ago - Seeking Alpha

The Impressive Durability Of REIT Investments

REIT bankruptcies are incredibly rare. The nature of their business is very resilient. I present 5 reasons that make most REITs quasi indestructible.

4 months ago - Seeking Alpha

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...

5 months ago - Business Wire

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...

5 months ago - Seeking Alpha

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 sign...

6 months ago - Seeking Alpha

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 Chie...

6 months ago - Seeking Alpha

Essex Announces Second Quarter 2024 Results and Raises Full-Year 2024 Guidance

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE: ESS) (the “Company”) announced today its second quarter 2024 earnings results and related business activities. Net Income, Funds f...

6 months ago - Business Wire

Become A Multifamily Millionaire

Landlords face challenges when tenants stop paying rent, especially with single-family homes. Apartment buildings with multiple units provide more stability, while owning a portfolio of multifamily bu...

6 months ago - Seeking Alpha

If I Had To Retire Today With 12 REITs

REITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cu...

6 months ago - Seeking Alpha

Essex Announces Release and Conference Call Dates for Its Second Quarter 2024 Earnings

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its second quarter 2024 earnings after the market closes on Tuesday, July 30, 2024. A...

7 months ago - Business Wire

8 Stocks I'm Buying As A Resurgent Trade War Looms

Economic data suggests a recession may be looming, with signs of weakening in the labor market and consumer spending. Investing based on politics is not recommended, as market reactions to political e...

7 months ago - Seeking Alpha

A Rare Buying Opportunity Before A Big Market Reversal Takes Place

Peter Lynch recently observed that the market has been behaving very abnormally recently, creating a rare and incredible buying opportunity. We discuss why this is. We also share some of our top picks...

7 months ago - Seeking Alpha

Top 4 Real Estate Stocks That May Plunge This Month

As of June 17, 2024, four stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

7 months ago - Benzinga

Essex Property Trust: The Buying Window Has Now Closed

Shares of Essex Property Trust have significantly outperformed the broader market since my previous article. The residential real estate investment trust topped the analyst consensus for revenue and c...

7 months ago - Seeking Alpha