Essex Property Trust, Inc. (ESS)

Market Cap	17.53B
Revenue (ttm)	1.68B
Net Income (ttm)	525.02M
Shares Out	64.21M
EPS (ttm)	8.18
PE Ratio	33.37
Forward PE	51.31
Dividend	$9.80 (3.59%)
Ex-Dividend Date	Jun 28, 2024

Volume	217,178
Open	273.99
Previous Close	272.82
Day's Range	271.94 - 274.98
52-Week Range	203.85 - 284.77
Beta	0.85
Analysts	Hold
Price Target	257.63 (-5.63%)
Earnings Date	Jul 25, 2024

About ESS

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 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.

• Industry: REIT - Residential
• Sector: Real Estate
• IPO Date: Jun 6, 1994
• Employees: 1,750
• Stock Exchange: NYSE
• Ticker Symbol: ESS

Financial Performance

In 2023, ESS's revenue was $1.67 billion, an increase of 3.89% compared to the previous year's $1.61 billion. Earnings were $405.83 million, a decrease of -0.61%.

Analyst Forecast

According to 20 analysts, the average rating for ESS stock is "Hold." The 12-month stock price forecast is $257.63, which is a decrease of -5.63% from the latest price.

Price Target

$257.63

(-5.63% downside)

Analyst Consensus: Hold