Essex Property Trust, Inc. (ESS)

Market Cap	16.06B
Revenue (ttm)	1.67B
Net Income (ttm)	405.83M
Shares Out	64.20M
EPS (ttm)	6.32
PE Ratio	39.67
Forward PE	47.24
Dividend	$9.80 (3.92%)
Ex-Dividend Date	Mar 27, 2024

Volume	177,176
Open	248.88
Previous Close	247.21
Day's Range	248.00 - 252.69
52-Week Range	203.85 - 252.85
Beta	0.82
Analysts	Hold
Price Target	246.56 (-1.36%)
Earnings Date	Apr 30, 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 19 analysts, the average rating for ESS stock is "Hold." The 12-month stock price forecast is $246.56, which is a decrease of -1.36% from the latest price.

Price Target

$246.56

(-1.36% downside)

Analyst Consensus: Hold