Essex Property Trust Inc. has persistently outperformed competitors on robust trading days.
JPMorgan Chase & Co. has a significant stock holding in ESS, totaling $151.60 million.
Representative Young Kim's visit to Essex Property Trust spotlights the company's role in the community. The firm has been benefiting from rising rents alongside other REITs, such as AVB. Essex has been consistent in declaring quarterly distributions and recently declared a
$2.45 Dividend.
SWOT analysis highlights that ESS, much like other multifamily REIT stocks, faces coastal market challenges. The company's stock position raised by
Franklin Resources Inc. exhibits its strength. The options market is signaling a potential spike in ESS stock. Q3 2024 earnings call underlines the firm's strong performance. Short interest in ESS has dropped by 6.9%, a positive sign for company investors. ESS Q3 FFO and revenues have topped estimates, and the company's stock has been upgraded to 'Buy'.
Geode Capital Management LLC's purchase of 25,591 shares indicates market confidence in Essex. Essex has priced a
$200 Million Add-On Offering of its senior notes due 2034. Essex's announcements of its Q3 2024 earnings call garnered attention, as did its release of the sixth annual ESG report. In comparison to its competitors, Essex underperformed the market on certain days but remains resilient on others.
Essex Property Trust ESS News Analytics from Tue, 19 May 2015 14:39:23 GMT to Sat, 04 Jan 2025 09:41:38 GMT -
Rating 5
- Innovation 2
- Information 7
- Rumor 3
