Essex Property Trust, Inc. (ESS)

Market Cap	19.63B
Revenue (ttm)	1.83B
Net Income (ttm)	741.52M
Shares Out	66.61M
EPS (ttm)	11.54
PE Ratio	25.54
Forward PE	53.33
Dividend	$9.80 (3.33%)
Ex-Dividend Date	Jan 2, 2025

Volume	456,277
Open	295.23
Previous Close	294.41
Day's Range	291.84 - 296.39
52-Week Range	225.40 - 317.73
Beta	0.94
Analysts	Hold
Price Target	297.35 (+0.89%)
Earnings Date	Feb 4, 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.

• Industry: REIT - Residential
• Sector: Real Estate
• IPO Date: Jun 6, 1994
• Employees: 1,750
• Stock Exchange: NYSE
• Ticker Symbol: ESS
• Website: https://www.essexapartmenthomes.com

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%.

Analyst Forecast

According to 22 analysts, the average rating for ESS stock is "Hold." The 12-month stock price forecast is $297.35, which is an increase of 0.89% from the latest price.

Price Target

$297.35

(0.89% upside)

Analyst Consensus: Hold