Essex Property Trust, Inc. (LON:0IIR)
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]
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 StatementsNews
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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...
Essex Property Trust prices $400M of senior notes
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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 ...
Essex Property Trust (ESS) Stock Surges Amidst Real Estate Sector Movement
Essex Property Trust (ESS) Stock Surges Amidst Real Estate Sector Movement
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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.
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...
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...
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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...
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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 ...
Equity LifeStyle, Essex Property upgraded at Deutsche Bank
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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...
Essex Property Trust Inc (ESS) Announces 2024 Distribution Tax Treatment
Essex Property Trust Inc (ESS) Announces 2024 Distribution Tax Treatment
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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...
California REITs see rating upgrades in the wake of fires
CNBC's Diana Olick reports on REIT performance post-California wildfires.
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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 ...
Essex Property Trust Inc (ESS) Announces Fourth Quarter 2024 Earnings Release Date
Essex Property Trust Inc (ESS) Announces Fourth Quarter 2024 Earnings Release Date
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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...
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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...
Essex Property Trust Inc (ESS) Declares Quarterly Dividend
Essex Property Trust Inc (ESS) Declares Quarterly Dividend
Essex Property Trust declares $2.45 dividend
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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 ...
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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.
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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...
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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...
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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...