Essex Property Trust, Inc. (ESS)
Market Cap | 19.22B |
Revenue (ttm) | 1.86B |
Net Income (ttm) | 671.90M |
Shares Out | 66.67M |
EPS (ttm) | 10.45 |
PE Ratio | 27.58 |
Forward PE | 50.35 |
Dividend | $10.28 (3.57%) |
Ex-Dividend Date | Mar 31, 2025 |
Volume | 653,304 |
Open | 290.97 |
Previous Close | 292.82 |
Day's Range | 287.47 - 290.97 |
52-Week Range | 243.85 - 317.73 |
Beta | 0.80 |
Analysts | Hold |
Price Target | 304.83 (+5.73%) |
Earnings Date | Apr 29, 2025 |
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 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 $1.82 billion, an increase of 8.49% compared to the previous year's $1.68 billion. Earnings were $741.52 million, an increase of 82.72%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for ESS stock is "Hold." The 12-month stock price forecast is $304.83, which is an increase of 5.73% from the latest price.
News

Essex Property Trust, Inc. (ESS) Q1 2025 Earnings Call Transcript
Essex Property Trust, Inc. (NYSE:ESS) Q1 2025 - Earnings Conference Call April 30, 2025 ET Company Participants Angela Kleiman - President and Chief Executive Officer Barb Pak - Chief Financial Offic...

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Essex Announces First Quarter 2025 Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE: ESS) (the “Company”) announced today its first quarter 2025 earnings results and related business activities. Net Income, Funds fr...

Essex Property: Undervalued High Quality In Plain Sight
Essex Property Trust is a reliable long-term stock with strong fundamentals in high-barrier West Coast markets, benefiting from limited new housing supply and high rental demand. ESS has demonstrated ...

Bloomberg April Watch List Shows 6 Ideal "Safer" Dividend Buys
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Essex Announces Release and Conference Call Dates for Its First Quarter 2025 Earnings
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its first quarter 2025 earnings after the market closes on Tuesday, April 29, 2025. A...

Essex Property Trust Announces Recent Transaction Activity
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today its year to date transaction activity detailed in the table below. The transaction activity year to date resul...

State Of REITs: The 'Dark Age' Is Over
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Losers Of REIT Earnings Season
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Essex Property Trust to Present at The 2025 Citigroup Global Property CEO Conference
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that Angela L. Kleiman, President and CEO, will be participating in a roundtable presentation at the 2025 Citi...

My Best Dividend Aristocrats For March 2025
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Essex Announces Its 31st Consecutive Annual Dividend Increase
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 4.9% increase to its annual cash dividend. This represents the Comp...

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: Shares Have Further Upside Given Limited Housing Supply (Upgrade)
Essex Property Trust, Inc. has seen a 29% increase in shares over the past year due to limited supply and higher rental inflation in California markets. Solid Q4 results, including a 2.3% increase in ...

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 ET Company Participants Angela Kleiman - President, CEO Barb Pak - EVP, CFO Rylan Burns - EVP, Chief In...

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...

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 ...

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.