Essex Property Trust Inc. has consistently maintained its steady dividends, further exemplifying its status as a high-yield pick, with recent announcements of a $2.57 payout across their 62,000-unit portfolio. Firms such as ProShare Advisors, Ensign Peak Advisors, Quantinno Capital Management, and Ameriprise Financial have all increased their portfolio holdings in Essex Property Trust, signaling confidence in their real estate investment trust model. Positive price forecasts from Scotiabank and a price target increase from Barclays also suggest a robust fiscal outlook. Despite a price target reduction from Truist, Essex's Q1 FFO and revenues surpassed expectations, and the company reported a strong Q1 2025 performance, with $345M in acquisitions. Their positive performance has also been noted in the acquisition of 68,041 shares by Hudson Bay Capital Management, 222,713 shares by Balyasny Asset Management, and 36,852 shares by Caisse DE Depot ET Placement DU Quebec. Dividend-focused investors have Essex Property Trust in focus, as their consistent quarterly distributions reinforce their financial stability. Furthermore, robust earnings estimates and Q1 FFO performance that beat estimates set a positive tone for future performance.
Essex Property Trust ESS News Analytics from Tue, 03 Dec 2024 08:00:00 GMT to Sat, 17 May 2025 13:45:40 GMT -
Rating 8
- Innovation 2
- Information 7
- Rumor -2
