Essex Property Trust (ESS) remains a notable player in the investment market, with several key developments. Wall Street holds positive estimates for the company's Q3 earnings, despite being downgraded to Market Perform at Raymond James. The company has also marked significant trading performance, outshining competitors on multiple occasions. Furthermore, ESS saw increases in stock position via Claro Advisors, First Citizens Bank and Trust, and ORG Wealth Partners, while experiencing decreases via Vest Financial and ORG Partners. The company has posted impressive Q2 earnings, beating both EPS and Revenue expectations. ESS has also demonstrated forward-thinking, raising their revenue forecast for 2024, implementing key executive leadership changes, and naming a new Chief Accounting Officer. However, the firm has seen share sell-offs by key personnel, such as the CEO and Johnson Amal M, a director. Nevertheless, ESS maintains a robust presence in the OC market with a significant $505M buy and continues to declare quarterly distributions. Despite underperforming at times, stocks rise continually, showcasing resilience and potential.
Essex Property Trust ESS News Analytics from Thu, 21 Oct 2021 07:00:00 GMT to Thu, 24 Oct 2024 13:15:26 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor 4
