Venturi Wealth Management LLC and Handelsbanken Fonder AB have increased their stake in Essex Property Trust, Inc. (NYSE:ESS). Amidst this, there is a positive growth in stock holdings by Montag A & Associates Inc., Alberta Investment Management Corp, and Principal Financial Group Inc.. Barclays forecasts a positive future for the ESS stock price propelling a significant trust. ESS has a strong footing in the field with its strategic $400M bond deal and issuance of $400M in senior notes. Looking at its dividends, Essex has extended its 31-year dividend growth streak, with an annual hike of 4.9%. The future looks promising as Essex Property announces Q4 earnings release date for February 4, 2025, and with a Q4 profit rise, strong performance propels are expected. External factors like LA wildfires are projected to boost the demand for Essex Property ensuing a possible surge in stock prices. It has received an Average rating of 'Hold' by analysts, and a market perform rating by JMP securities. The company stock is considered a safe dividend stock with a yield of 3.5%. Essex Property Trust is poised to benefit from a rising demand in housing as rents increase.
Essex Property Trust ESS News Analytics from Wed, 05 Apr 2023 07:00:00 GMT to Sat, 22 Feb 2025 21:45:10 GMT -
Rating 8
- Innovation 2
- Information 7
- Rumor -4
