Numerous market developments underscore the state of
Essex Property Trust (e.g., NYSE:ESS). Despite daily losses, the stock of Essex Property Trust repeatedly
outperforms competitors, drawing investor attention. Entities like
Franklin Resources Inc. and
Nomura Asset Management Co. Ltd. have increased their shareholdings, partially offset by reductions from groups like
PNC Financial Services Group Inc.. Notably,
Mizuho upgraded the company’s stock based on Ontario growth expectations, while
Morgan Stanley, Wedbush, and Piper Sandler have all raised their ESS price targets. The company has demonstrated recent expansion through their acquisition of a joint venture partner's interest in 1,480 apartment homes. Importantly, ESS continues to engage investors with regular
Dividend Declarations, and has published its Sixth Annual
ESG Report. Financial reports from the company reveal mixed results, with ESS managing to outperform analyst expectations with
strong Q1 2024 earnings. However, the firm's
Q1 2024 earnings call revealed some concerns.
Essex Property Trust ESS News Analytics from Tue, 01 Mar 2022 08:00:00 GMT to Thu, 30 May 2024 20:42:23 GMT -
Rating -1
- Innovation 0
- Information 5
- Rumor -2
