ESS Essex Property Trust
- Price as of: Jul 02, 08:11 PM EDT
- Reit - residential
ESS Stock Dividend DataAdd ESS to Watchlist
ESS Daily Snapshot
- Quote Time:
- Jul 02, 08:11 PM
- Today's Volume:
- Open Price:
- Day's Range:
- $214.71 - $220.23
- Previous Close:
- 52 Week Low / High:
- $176.70 - $243.17
- Percent Off 52 Week High:
ESS Dividend Growth History
Last 5 Yrs
Last 3 Yrs
|Reveal More Dividend Growth History for ESS||6.5%||6.1%||21 years|
ESS Dividend History
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ESS Company Profile
Essex Property Trust- (ESS)- located in Palo Alto, California and traded on the New York Stock Exchange (ESS), is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast communities. Essex currently has ownership interests in 133 apartment communities (26,963 units), and has 1,079 units in various stages of development. As a REIT, capital gains are calculated differently, so please consult a tax advisor.
Essex Property Trust News
Oct 30, 2014The latest FOMC statement released yesterday affirmed the Fed's accommodative stance. In summary, policymakers ended the third round of...
Apr 1, 2014On Tuesday, BRE Properties () and Essex Property Trust () announced that they have completed the merger that combines them into a company...
Essex Property Trust Upgraded to "Buy" at Cantor Fitzgerald (ESS)Oct 4, 2013Cantor Fitzgerald reported on Friday that it has upgraded Essex Property Trust Inc (ESS) . The firm has raised its rating on ESS from "Hold" to "Buy," and has given the company a $177.50 price target. This price target suggests a 16% increase from the stock's current price of $148.31. Analyst David Toti commented: "Today's change is predicated upon a review of our cap rate analysis, in the context of broad market strengthening across the ESS portfolio. The drivers of the recent surge in the ESS MetroView portfolio rank are increased employment growth, limited supply and rapidly rising single family home prices—all factors that bode well for continued pricing power and strong core cash flow growth. Although we do not consider ESS a strong relative value option across the REIT space broadly, we do find the growth/value proposition more attractive at current levels and have positively revised our stance." Essex Property Trust shares were mostly flat during pre-market trading Friday. The stock has been mostly flat YTD.Expand to read the full story
Feb 21, 2013The following companies announced a change in their dividend payouts today. Companies Increasing Dividend Payouts Cogent Communications...
Imperial Capital Bullish on Essex Property Trust; Boosts Price Target, Maintains "Outperform" Rating (ESS)Feb 4, 2013On Monday analysts at Imperial Capital reiterated their rating on Palo Alto-based real estate investment trust Essex Property Trust Inc (ESS) as their West Coast apartments post some of the highest growth rates in the country. The analysts maintained an "Outperform" rating on ESS and see shares reaching $175, up from the previous target of $165. The new valuation suggests a +13% upside to Friday's closing price of $154.28. "ESS's assets in tech-related Bay Area and Seattle locales continue to post some of the highest growth rates in the country. While Southern California has lagged, the company expressed confidence that the area will show better relative performance in 2013," said Imperial Capital analyst David Harris. Harris went on to say that Essex's current underperformance makes for an attractive buying opportunity. Essex Property Trust shares were down $1.18, or -0.76%, during trading on Monday. The stock is up +2.66% over the past year. The Bottom Line Shares of Essex Property Trust (ESS) have a dividend yield of 2.87% based on Monday's intraday trading price of $153.33. Essex Property Trust Inc (ESS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Essex Property Trust Sees Higher FFO in Q4; Beating Analysts Estimates (ESS)Feb 1, 2013Real estate investment trust (REIT), Essex Property Trust Inc(ESS) reported higher FFO for Q4, beating analysts estimates on Friday. The Palo Alto, CA based company reported fourth quarter funds from operations (FFO) of $65.52 million, or $1.72 per share, up 15% from $55.53 million, or $1.55 per share last year. Excluding special items, ESS reported FFO of $69.1 million, or $1.81 per share, up from $54 million, or $1.51 per share last year. On average, analysts expected to see earnings of $1.73 per share. Looking ahead, the company expects to see FY2013 FFO in the range of $7.40 to $7.70 per share. Analysts are expecting to see earnings of $7.53 per share. Essex Property shares were mostly flat during premarket trading Friday. The stock has increased 6% in the past year. The Bottom Line Shares of Essex Property Trust Inc(ESS) have a yield of 2.86%, based on Thursday's closing price of $153.78. Essex Property Trust Inc(ESS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Essex Property Trust Q3 FFO Rises, Beating View; Forecast Narrowed (ESS)Nov 1, 2012Apartment-based residential REIT Essex Property Trust Inc. (ESS) late Wednesday posted better-than-expected third quarter earnings results and tightened its full-year outlook. The Palo Alto, CA-based company reported third quarter funds from operations (FFO) of $63.4 million, or $1.67 per share, compared with $50.5 million, or $1.43 per share, in the year-ago period. Excluding special items, core FFO was $1.71 per share. On average, Wall Street analysts expected smaller FFO of $1.68 per share. FFO is a key metric used to gauge the performance of REITs, since it excludes the impact of real estate price fluctuations. Looking ahead, ESS said it now expects full-year 2012 core FFO of $6.72 to $6.84 per share, up from a prior view of $6.63 to $6.83. Essex Property Trust shares posted small gains in premarket trading Thursday. Essex Property Trust Inc. (ESS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Essex Property Trust Upgraded to "Buy" at Bank of America ahead of Earnings (ESS)Oct 26, 2012Apartment-based residential REIT Essex Property Trust Inc. (ESS) on Friday caught a big upgrade from analysts at Bank of America. The firm boosted its rating on ESS from "Neutral" to "Buy" with a $168 price target, suggesting a 16% upside to the stock's Thursday closing price of $145.00. A Bank of America analyst commented, "Ahead of 3Q results, we are upgrading ESS to Buy based on valuation and our expectation of continued strength in apartment fundamentals in its core California and Seattle markets." Continuing, "We may be early here increasing our weighting in apartments even further, but we believe we're starting to see capitulation in the stock market as investors are once again appreciating not only the defensive attributes of the apartment sector but also the better growth expected in 2013 vs. other REIT sectors." Essex Property Trust shares, which have risen about 3% year-to-date, were mostly flat in premarket trading Friday. The Bottom Line Shares of Essex Property Trust (ESS) have a 3.03% dividend yield, based on last night's closing stock price of $145.00. The stock has technical support in the $138-$140 price area. If the shares can firm up, we see overhead resistance around the $150-$152 price levels. Essex Property Trust Inc. (ESS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Feb 23, 2012The following companies announced a change in their dividend payouts today. Companies Increasing Dividend Payouts Blackrock, Inc. () has...
Feb 23, 2011The following companies announced a change in their dividend payouts today. Companies Increasing Dividend Payouts Chico's FAS () has...