NYSE:ESS Essex Property Trust (ESS) Stock Price, News & Analysis → Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed! (From Priority Gold) (Ad) Free ESS Stock Alerts $250.28 +3.07 (+1.24%) (As of 09:39 AM ET) Add Compare Share Share Today's Range$248.00▼$250.5150-Day Range$225.95▼$249.5952-Week Range$203.85▼$252.85Volume6,158 shsAverage Volume394,152 shsMarket Capitalization$16.07 billionP/E Ratio39.66Dividend Yield3.92%Price Target$245.37 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Essex Property Trust alerts: Email Address Essex Property Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.17 Rating ScoreUpside/Downside0.7% Downside$245.37 Price TargetShort InterestHealthy2.38% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.90Upright™ Environmental ScoreNews Sentiment1.28Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth3.11%From $15.12 to $15.59 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.41 out of 5 starsFinance Sector211th out of 864 stocksReal Estate Investment Trusts Industry43rd out of 178 stocks 2.1 Analyst's Opinion Consensus RatingEssex Property Trust has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 6 buy ratings, 9 hold ratings, and 3 sell ratings.Amount of Analyst CoverageEssex Property Trust has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.38% of the float of Essex Property Trust has been sold short.Short Interest Ratio / Days to CoverEssex Property Trust has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Essex Property Trust has recently increased by 2.70%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend LeadershipEssex Property Trust is a leading dividend payer. It pays a dividend yield of 3.96%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEssex Property Trust has been increasing its dividend for 30 years.Dividend CoverageThe dividend payout ratio of Essex Property Trust is 155.31%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Essex Property Trust will have a dividend payout ratio of 62.86% next year. This indicates that Essex Property Trust will be able to sustain or increase its dividend. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEssex Property Trust has received a 14.20% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Apartment leasing services", "Renovation of apartment buildings", and "Student housing services" products. See details.Environmental SustainabilityThe Environmental Impact score for Essex Property Trust is -2.90. Previous Next 3.5 News and Social Media Coverage News SentimentEssex Property Trust has a news sentiment score of 1.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Essex Property Trust this week, compared to 7 articles on an average week.Search Interest9 people have searched for ESS on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows75 people have added Essex Property Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Essex Property Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.80% of the stock of Essex Property Trust is held by insiders.Percentage Held by Institutions96.51% of the stock of Essex Property Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Essex Property Trust are expected to grow by 3.11% in the coming year, from $15.12 to $15.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Essex Property Trust is 39.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Essex Property Trust is 39.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.89.Price to Earnings Growth RatioEssex Property Trust has a PEG Ratio of 3.66. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEssex Property Trust has a P/B Ratio of 2.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIA new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… Click here to see me place one of these trades LIVE on camera. About Essex Property Trust Stock (NYSE: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.Read More ESS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESS Stock News HeadlinesApril 11, 2024 | marketbeat.comBlackstone’s $10 Billion Bet on Property Prices Going Up (ESS)Residential property prices could be on the rise soon, as Blackstone just made a $10 billion bet into the sector, and one other REIT could be next in lineApril 26, 2024 | yahoo.comThese North Jersey parks and playgrounds will get upgrades thanks to grantsApril 26, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 26, 2024 | msn.comThese North Jersey parks and playgrounds will get upgrades thanks to Green Acres grantsApril 23, 2024 | americanbankingnews.comEssex Property Trust (ESS) Scheduled to Post Earnings on TuesdayApril 19, 2024 | americanbankingnews.comEssex Property Trust, Inc. (NYSE:ESS) Given Consensus Rating of "Hold" by AnalystsApril 18, 2024 | tmcnet.comAerwave Hires Multifamily Industry Veteran Ed Wolff as President and Chief Revenue OfficerApril 18, 2024 | americanbankingnews.comQ3 2024 EPS Estimates for Essex Property Trust, Inc. Lifted by Zacks Research (NYSE:ESS)April 26, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 17, 2024 | msn.comEssex County exploring creation of regional industrial parkApril 17, 2024 | americanbankingnews.comFY2026 Earnings Estimate for Essex Property Trust, Inc. (NYSE:ESS) Issued By Zacks ResearchApril 11, 2024 | markets.businessinsider.comRBC Capital Keeps Their Buy Rating on Essex Property (ESS)April 9, 2024 | benzinga.comWhat 13 Analyst Ratings Have To Say About Essex Property TrustApril 5, 2024 | businesswire.comEssex Announces Release and Conference Call Dates for Its First Quarter 2024 EarningsApril 5, 2024 | seekingalpha.comEssex Property Trust: A Dividend Aristocrat Worth Buying NowMarch 31, 2024 | fool.comLooking for a Reliable Investment? These 3 REITs Are Less Volatile Than the S&P 500.March 30, 2024 | nj.comPeter Shapiro, youngest-ever member of N.J. Assembly and former governor candidate, dies at 71March 30, 2024 | msn.comEssex Police launch appeal to find missing Basildon manMarch 29, 2024 | uk.news.yahoo.comPopular south Essex seafront attraction is CLOSED for Easter holidaysMarch 28, 2024 | markets.businessinsider.comStifel Nicolaus Sticks to Their Hold Rating for Essex Property (ESS)March 27, 2024 | finance.yahoo.comEssex Property Trust, Inc.: Following Two Years of Rising Interest Rates, We Believe REITs Are Trading at Significant DiscountsMarch 26, 2024 | investorplace.com7 Dividend Aristocrats That Can Safeguard Your Income Through Any CrisisMarch 25, 2024 | markets.businessinsider.comEssex Property Buys JV Partner's 49.9% Stake In BEXAEW Portfolio For A $505 MlnMarch 25, 2024 | finance.yahoo.comEssex Property Trust Acquires Joint Venture Partner’s Interest in Four Communities Comprising 1,480 Apartment HomesMarch 21, 2024 | nasdaq.comCommit To Purchase Essex Property Trust At $170, Earn 1.7% Annualized Using OptionsMarch 18, 2024 | markets.businessinsider.comA Closer Look at 11 Analyst Recommendations For Essex Property TrustMarch 18, 2024 | msn.comRaymond James upgrades Essex Property Trust and Equity ResidentialSee More Headlines Receive ESS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Essex Property Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/26/2022Ex-Dividend for 4/12 Dividend3/27/2024Dividend Payable4/12/2024Today4/26/2024Next Earnings (Confirmed)4/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryResidential REITs Current SymbolNYSE:ESS CUSIP29717810 CIK920522 Webwww.essexapartmenthomes.com Phone(650) 655-7800Fax650-494-8743Employees1,750Year FoundedN/APrice Target and Rating Average Stock Price Target$245.37 High Stock Price Target$291.00 Low Stock Price Target$204.00 Potential Upside/Downside-0.7%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)$6.31 Trailing P/E Ratio39.18 Forward P/E Ratio16.35 P/E Growth3.57Net Income$405.83 million Net Margins24.31% Pretax Margin25.80% Return on Equity7.10% Return on Assets3.29% Debt Debt-to-Equity Ratio1.11 Current Ratio3.26 Quick Ratio3.26 Sales & Book Value Annual Sales$1.67 billion Price / Sales9.51 Cash Flow$15.29 per share Price / Cash Flow16.17 Book Value$87.15 per share Price / Book2.84Miscellaneous Outstanding Shares64,210,000Free Float61,766,000Market Cap$15.87 billion OptionableOptionable Beta0.80 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMs. Angela L. Kleiman (Age 53)President, CEO & Director Comp: $3.08MMs. Barbara M. Pak CFA (Age 46)Executive VP & CFO Comp: $1.68MMs. Anne M. Morrison (Age 42)Executive VP, Chief Administrative Officer, General Counsel & Secretary Comp: $1.29MMr. Rylan K. Burns (Age 39)Executive VP & Chief Investment Officer Mr. John Farias (Age 55)Senior VP & Chief Accounting Officer Sudarshana RangacharySenior Vice President of Human ResourcesDmitry TaraschanskySenior Vice President of TransactionsJessica AndersonSenior Vice President of OperationsMr. Paul Burton MorganSenior Vice President of Portfolio Strategy & AnalyticsAngela KralovecSenior Vice President of Investment ManagementMore ExecutivesKey CompetitorsUDRNYSE:UDREquity LifeStyle PropertiesNYSE:ELSCamden Property TrustNYSE:CPTEquity ResidentialNYSE:EQRAvalonBay CommunitiesNYSE:AVBView All CompetitorsInstitutional OwnershipChecchi Capital Advisers LLCBought 139 shares on 4/26/2024Ownership: 0.002%Bank of New York Mellon CorpSold 12,126 shares on 4/25/2024Ownership: 0.850%New York State Teachers Retirement SystemSold 3,597 shares on 4/25/2024Ownership: 0.092%Zurcher Kantonalbank Zurich Cantonalbank Bought 1,254 shares on 4/25/2024Ownership: 0.054%Fjarde AP Fonden Fourth Swedish National Pension FundBought 1,500 shares on 4/25/2024Ownership: 0.036%View All Institutional Transactions ESS Stock Analysis - Frequently Asked Questions Should I buy or sell Essex Property Trust stock right now? 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Essex Property Trust in the last twelve months. There are currently 3 sell ratings, 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ESS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ESS, but not buy additional shares or sell existing shares. View ESS analyst ratings or view top-rated stocks. What is Essex Property Trust's stock price target for 2024? 18 analysts have issued 12 month price targets for Essex Property Trust's stock. Their ESS share price targets range from $204.00 to $291.00. On average, they anticipate the company's share price to reach $245.37 in the next year. This suggests that the stock has a possible downside of 0.7%. View analysts price targets for ESS or view top-rated stocks among Wall Street analysts. How have ESS shares performed in 2024? Essex Property Trust's stock was trading at $247.94 on January 1st, 2024. Since then, ESS stock has decreased by 0.3% and is now trading at $247.21. View the best growth stocks for 2024 here. Are investors shorting Essex Property Trust? Essex Property Trust saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,480,000 shares, an increase of 10.4% from the March 15th total of 1,340,000 shares. Based on an average daily volume of 405,600 shares, the days-to-cover ratio is presently 3.6 days. Currently, 2.3% of the shares of the company are short sold. View Essex Property Trust's Short Interest. When is Essex Property Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our ESS earnings forecast. How can I listen to Essex Property Trust's earnings call? Essex Property Trust will be holding an earnings conference call on Wednesday, May 1st at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 844-512-2921 with passcode "13745754". How were Essex Property Trust's earnings last quarter? Essex Property Trust, Inc. (NYSE:ESS) issued its quarterly earnings data on Tuesday, April, 26th. The real estate investment trust reported $1.12 EPS for the quarter, missing the consensus estimate of $3.35 by $2.23. Essex Property Trust had a net margin of 24.31% and a trailing twelve-month return on equity of 7.10%. During the same period in the previous year, the firm earned $3.07 earnings per share. Read the conference call transcript. How often does Essex Property Trust pay dividends? What is the dividend yield for Essex Property Trust? Essex Property Trust announced a quarterly dividend on Thursday, February 22nd. Shareholders of record on Friday, March 29th will be paid a dividend of $2.45 per share on Friday, April 12th. This represents a $9.80 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of $2.31. Read our dividend analysis for ESS. Is Essex Property Trust a good dividend stock? Essex Property Trust (NYSE:ESS) pays an annual dividend of $9.80 per share and currently has a dividend yield of 3.96%. ESS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 30 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 155.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ESS will have a dividend payout ratio of 62.86% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ESS. What ETFs hold Essex Property Trust's stock? ETFs with the largest weight of Essex Property Trust (NYSE:ESS) stock in their portfolio include Kelly Residential & Apartment Real Estate ETF (RESI), Nuveen Short-Term REIT ETF (NURE), iShares Residential and Multisector Real Estate ETF (REZ), Residential REIT ETF (HAUS), Invesco S&P 500 Equal Weight Real Estate ETF (EWRE), Invesco S&P 500 Equal Weight Real Estate ETF (RSPR), FlexShares Global Quality Real Estate Index Fund (GQRE) and iShares Cohen & Steers REIT ETF (ICF). What guidance has Essex Property Trust issued on next quarter's earnings? Essex Property Trust updated its first quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of 3.680-3.800 for the period, compared to the consensus earnings per share estimate of 3.750. The company issued revenue guidance of -. What is Michael Schall's approval rating as Essex Property Trust's CEO? 236 employees have rated Essex Property Trust Chief Executive Officer Michael Schall on Glassdoor.com. Michael Schall has an approval rating of 95% among the company's employees. This puts Michael Schall in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Essex Property Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Essex Property Trust investors own include AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Realty Income (O), AbbVie (ABBV), Simon Property Group (SPG), McDonald's (MCD), Crown Castle (CCI) and 3M (MMM). Who are Essex Property Trust's major shareholders? Essex Property Trust's stock is owned by many different institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (0.85%), Sumitomo Mitsui Trust Holdings Inc. (0.36%), New York State Teachers Retirement System (0.09%), Hazelview Securities Inc. (0.09%), State of Alaska Department of Revenue (0.08%) and Leeward Investments LLC MA (0.06%). Insiders that own company stock include Adam W Berry, Amal M Johnson, Angela L Kleiman, Barbara Pak, Byron A Scordelis, Irving F Lyons III, Irving F Lyons III, John Farias, Michael J Schall and Thomas E Robinson. View institutional ownership trends. How do I buy shares of Essex Property Trust? Shares of ESS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ESS) was last updated on 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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