With a constantly fluctuating scenario, multiple financial organizations have been acquiring and selling **Essex Property Trust, Inc. (NYSE:ESS)** shares. The Trust has also witnessed substantial insider selling, which has influenced its market presence. Its stock price has increased by 4.2%, while its earnings report has shown positive performance. **Truist Financial** has revised and raised Essex's price target from $292 to $304, suggesting a positive view on its future performance. Additionally, Essex has also captured attention by declaring quarterly distributions, bolstering its appeal to investors seeking regular income. Essex's strategic $400M bond deal shows an underlying strategy to manage its long-term debt. The company's revenue growth was highlighted in its **Q4 2024** earnings call, which also pushed its IBD rating up. They are set to present at the **2025 Citigroup Global Property CEO Conference**, which could reveal upcoming plans and strategies. Meanwhile, market experts have given mixed reviews about holding ESS stocks in the portfolio, citing some uncertainties in near-term growth prospects.
Essex Property Trust ESS News Analytics from Fri, 12 Aug 2022 07:00:00 GMT to Sat, 15 Mar 2025 10:39:34 GMT -
Rating 4
- Innovation -2
- Information 6
- Rumor -3
