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

London flag London · Delayed Price · Currency is GBP · Price in USD
292.00
+1.35 (0.46%)
At close: Feb 20, 2025
24.37%
Market Cap 14.99B
Revenue (ttm) 1.46B
Net Income (ttm) 592.31M
Shares Out n/a
EPS (ttm) 9.22
PE Ratio 25.30
Forward PE n/a
Dividend 7.69 (2.63%)
Ex-Dividend Date Jan 2, 2025
Volume 46
Average Volume 153
Open 293.14
Previous Close 290.65
Day's Range 286.43 - 293.14
52-Week Range 195.84 - 293.14
Beta 0.94
RSI 58.17
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 256 apartment communities comprising over 62,000 apartment homes with an additional property in active development. [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 2024, Essex Property Trust's revenue was $1.83 billion, an increase of 8.71% compared to the previous year's $1.68 billion. Earnings were $741.52 million, an increase of 82.72%.

Financial numbers in USD Financial Statements

News

REITs Lead On Earnings Uplift

US equity markets posted a mixed performance this week, while benchmark interest rates rebounded from two-month lows, as investors saw grounds for Fed hawkishness across a critical slate of employment...

13 days ago - Seeking Alpha

Essex Property Trust Prices $400 Million of Senior Notes

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 ...

16 days ago - Business Wire

Essex Property Trust (ESS) Stock Surges Amidst Real Estate Sector Movement

Essex Property Trust (ESS) Stock Surges Amidst Real Estate Sector Movement

16 days ago - GuruFocus

Essex Property: Shares Have Further Upside Given Limited Housing Supply (Upgrade)

Essex Property Trust benefits from rising rental demand and limited supply. Discover why ESS stock’s favorable position makes it a compelling "buy" for 2025.

16 days ago - Seeking Alpha

Essex Property Trust outlines 3% same-property revenue growth for 2025 amid stable demand and low supply

Earnings Call Insights: Essex Property Trust (NYSE:ESS) Q4 2024Management ViewAngela Kleiman, President and CEO, highlighted that Essex achieved full-year...

17 days ago - Seeking Alpha

Essex Property Trust, Inc. (ESS) Q4 2024 Earnings Call Transcript

Essex Property Trust, Inc. (NYSE:ESS) Q4 2024 Results Conference Call February 5, 2025 12:00 PM ETCompany ParticipantsAngela Kleiman - President, CEOBarb...

17 days ago - Seeking Alpha

Essex Announces Fourth Quarter and Full-Year 2024 Results and Provides 2025 Guidance

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

18 days ago - Business Wire

5 Ideal Buys From 14 'Safer' January Dividends On Bloomberg 2025 Watch List Of 50

Bloomberg Intelligence analysts identified 50 watchable firms for 2025, focusing on catalysts like new leadership, asset sales, acquisitions, and new products. 14 of 35 dividend-paying companies meet ...

4 weeks ago - Seeking Alpha

The End Of An Era

U.S. equity and bond markets posted their best week since the November election, as benchmark interest rates tumbled after inflation data showed surprisingly muted pressures in December. Closing the b...

4 weeks ago - Seeking Alpha

Essex Property Trust Inc (ESS) Announces 2024 Distribution Tax Treatment

Essex Property Trust Inc (ESS) Announces 2024 Distribution Tax Treatment

5 weeks ago - GuruFocus

Essex Reports Characteristics of 2024 Dividends

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2024 distributions to shareholders. The 2024 distribution characteristics are...

5 weeks ago - Business Wire

California REITs see rating upgrades in the wake of fires

CNBC's Diana Olick reports on REIT performance post-California wildfires.

5 weeks ago - CNBC Television

Apartment Rents Are Too Low

Apartment rental rates are significantly below equilibrium due to oversupply from zero interest rate policies, with rents expected to rise 10%-20% by 2027. Investment opportunities in apartment REITs ...

5 weeks ago - Seeking Alpha

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

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

6 weeks 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...

6 weeks 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...

7 weeks ago - Seeking Alpha

Essex Property Trust Inc (ESS) Declares Quarterly Dividend

Essex Property Trust Inc (ESS) Declares Quarterly Dividend

2 months 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 ...

2 months 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.

2 months 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...

4 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...

4 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...

5 months ago - Seeking Alpha