Various
analyst projections and
stock positions regarding
Essex Property Trust, Inc (NYSE:ESS) have surfaced in recent times. The
apartment REIT was subject to a price target raise by Barclays and Evercore ISI, however, was subsequently downgraded by Wall Street Zen and JP Morgan but upgraded by Raymond James and Baird on its potential and improved start to 2024. Well-positioned amidst
rental market uncertainty, Essex maintains a robust relative strength rating and is known for its consistent
dividend payments, recently announcing their Q2
dividend across their 62,000 unit portfolio. Aspects such as the publication of its
2024 Sustainability and Impact report and being named a
'Best Company to Work For' by U.S. News have enhanced its public appeal. However, QRG Capital Management Inc. and GAM Holding AG's recent acquisition of its
shares amid various other large-scale stock sales by entities and insiders have triggered market speculation. A growing
shift towards sustainable practices in the property market and Essex's
capital allocation discipline may potentially drive increased returns in the future.
Essex Property Trust ESS News Analytics from Fri, 19 Nov 2021 08:00:00 GMT to Sat, 19 Jul 2025 12:15:22 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 2
