Essex Property Trust, Inc. (NYSE:ESS) is projected to deliver
FY2024 earnings of $15.30 per share.
Savant Capital LLC has secured a $230k position while,
Swiss National Bank and
Federated Hermes Inc. decreased their investments. Wedbush and Piper Sandler increased their price target to $264 and $315 respectively. Q4 of FY2023 and Q1 of FY2024 have seen Essex surpassing FFO and Revenue estimates. Essex shares have outperformed most of its competitors while maintaining strong trading trends, hitting a new 1-Year High at
$253.53. Further, analyst's EPS estimates for Q2 are heightening and the stock's been upgraded by StockNews. Current share buying patterns include investment firms like
Van ECK Associates Corp and
Kestra Private Wealth Services, as well as individuals like Director Lyons Irving F III. Improved performance, strong fundamentals, and revised '24 view have increased Essex's attractiveness to investors. Importantly, Essex has published its
Sixth Annual ESG Report reflecting on its commitment to environmental, social and governance factors. Yet, financials came under strain with mixed Q4 and Full-Year 2023 results. Moving forward, Essex plans to release earnings soon and has already released Q2 2024 earnings guidance. It's also priced $350 million of senior notes.
Essex Property Trust ESS News Analytics from Sat, 29 Jul 2023 07:00:00 GMT to Wed, 08 May 2024 20:42:58 GMT -
Rating 7
- Innovation -2
- Information 8
- Rumor -3
